ITDD ETF — iShares® LifePath® Target Date 2040 ETF

iShares® LifePath® Target Date 2040 ETF (ITDD)

Updated October 16, 2026.

ITDD is a low-cost ETF. its distribution rate is 1.68%, its trailing-12-month yield is 1.68%, its expense ratio is 0.11%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 63.2% over the past 3 years, 22.4 points behind SPY at 85.6%.

iShares® LifePath® Target Date 2040 ETF is an actively managed fund that allocates assets among underlying funds according to an investment strategy designed for investors targeting a 2040 retirement date, adjusting the mix as that date approaches. The fund carries a modest distribution rate with annual distributions and a low expense ratio of 0.11%. It appeals to long-term investors seeking a hands-off, diversified approach with automatic glide-path adjustments as they approach their target retirement year.

ITDD performance versus SPY

Price and return data through 2026-10-16.

Total return is 63.2% over the past 3 years, 22.4 points behind SPY at 85.6%. Over the past year its total return — price change plus distributions reinvested — is 11.0%. Its deepest 1-year drawdown was 7.6%.

ITDD key facts

Distribution Safety Score™

50 · Unproven

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

10/17/2023

Expense ratio

0.11%

Distribution rate

1.68%

Distribution frequency

Annual

Trailing yield

1.68%

Last close

$38.26 (as of 2026-10-16)

AUM

$120,881,242

Average volume

4055.0

Dividend

$0.642

Ex-dividend date

12/23/2025

Payment date

12/29/2025

Beta

0.7599

How Dividend Vision calculates yield and returns

Distribution rate (1.68%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.68%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ITDD risks and drawbacks

ITDD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.6%.

Who may consider ITDD — and who may not

ITDD may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (ITDD pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Frequently asked questions

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