Summary
iShares LifePath Target Date 2040 ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 29,174. The ten largest make up 16% of the fund.
- Yearly costs
- 0.11%
- Fund size
- $124.5M
- Positions
- 29,174
- Dividend yield
- 1.67%
- Running since
- 2023
What speaks for it
- Costs of 0.11% a year are below the middle of comparable funds (0.77%).
- Widely spread: the ten largest positions make up only 16% of the fund.
- Average yearly growth over the last three years: 17%.
What to watch
- It trades little: only about $726.0K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.2%
- 3 months
- +1.2%
- This year
- +9.5%
- 1 year
- +7.5%
- 3 years
- +61%
- Avg. market cap
- $2.37T
- P/E
- 24.6x
- Forward P/E
- 22.0x
- P/S
- 6.1x
- P/B
- 6.9x
- P/FCF
- 32.6x
- EV/EBITDA
- 17.9x
- Dividend yield
- 0.73%
- ROIC
- 26.8%
- ROE
- 58.5%
- Gross margin
- 58.9%
- Operating margin
- 36.0%
- Net margin
- 34.4%
- Payout ratio
- 18.0%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.75
Weighted average of the 50 largest companies, which make up 28% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 AAApple AAPL 3.1%
- 2 NVNvidia NVDA 3.1%
- 3 MSMicrosoft MSFT 2.4%
- 4 AMAmazon AMZN 1.5%
- 5 GOAlphabet GOOGL 1.2%
- 6 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 1.1%
- 7 GOAlphabet GOOG 0.9%
- 8 AVBroadcom AVGO 0.9%
- 9 MEMeta META 0.9%
- 10 TSTesla TSLA 0.7%
Positions in the fund: 29,174. The ten largest make up 16% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Technology 30%
- Financials 15%
- Industrials 11%
- Healthcare 8.2%
- Consumer cyclical 7.8%
- Other 28%
By country
- United States 71%
- Japan 4.2%
- United Kingdom 2.5%
- Canada 2.4%
- Other countries 20%
By company size
- Mega cap 53%
- Large cap 46%
- Mid cap 1.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 59% of the fund.
Largest sector: Technology (30%). Largest country: United States (71%). Largest size group: Mega cap (53%).
What does it cost me?
Cheap- A year from $10,000
- $11.00
- Over 20 years
- $550
From every $10,000 invested the fund takes $11.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $550.
How has it done?
Growing over the long run- A year on average, 3 years
- +17%
- Deepest drop
- -13%
- Yearly volatility
- 11%
Average yearly growth over the last three years: 17%. Deepest drop in these years: 13% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.67%
- Payments a year
- 1
- Last payment
- $0.64
Over the last 12 months it paid $0.64 per share, which is 1.67% of today's price. The last payment was $0.64 on Dec 23, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $726.0K
- Shares a day
- 19K
On an average day about $726.0K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.6
- Average Bulios Score
- 73 out of 100
Weight by Bulios Fair Price
- Undervalued 4.8%
- Fairly valued 11%
- Overvalued 84%
On average the companies inside trade for 24.6 times their yearly profit. By Fair Price, 84% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 28% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IT ITDE iShares LifePath Target Date 2045 ETF | United States | 0.11% | $88.3M | +9.0% | Pays out | 60% |
IT ITDF iShares LifePath Target Date 2050 ETF | United States | 0.11% | $98.9M | +10% | Pays out | 59% |
IT ITDG iShares LifePath Target Date 2055 ETF | United States | 0.12% | $57.1M | +11% | Pays out | 58% |
IT ITDJ iShares LifePath Target Date 2070 ETF | United States | 0.12% | $16.3M | +12% | Pays out | 57% |
IT ITDI iShares LifePath Target Date 2065 ETF | United States | 0.12% | $29.3M | +11% | Pays out | 57% |
IT ITDH iShares LifePath Target Date 2060 ETF | United States | 0.12% | $24.4M | +11% | Pays out | 57% |