At a glance
ITDJ charges 0.12% a year, below the 0.86% average of the 7 funds most like it (the cheapest of 8). It has $15.0M in assets, the 8th largest of that group.
The short version
iShares LifePath Target Date 2070 ETF (ITDJ) is a BlackRock fund of funds, meaning it owns other iShares ETFs, built for people planning to retire around 2070. Its target mix starts at 99% stocks and shifts toward bonds on a set schedule, reaching 40% stocks and 60% bonds at the target date. It costs 0.12% a year, but it is small, at about $15 million in net assets as of July 31, 2026.
Price history
The interactive chart needs JavaScript.
ITDJ — over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| ITDJ price data to Oct 27, 2026 | +2.9% | — | — | — | — | — |
- The deepest fall in its price history was 3.8% (Aug 13, 2026 to Oct 23, 2026), not yet recovered.
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
No distribution history is available for this fund.
Distributions through Oct 27, 2026.What's inside
As of Jul 31, 2026, the fund held 6 securities; the ten largest made up 99.85% of assets.
| Fund held | Weight | |
|---|---|---|
| ISHARES RUSSELL 1000 ETF Other | 56.87% | |
| ISHARES CORE MSCI INTERNATIONAL DEVELOPED MARKETS Other | 26.26% | |
| ISHARES CORE MSCI EMERGING MARKETS ETF Other | 11.43% | |
| ISHARES RUSSELL 2000 ETF Other | 3.36% | |
| ISHARES CORE U S REIT ETF Other | 0.99% | |
| ISHARES 10 YEAR INVESTMENT GRADE CORPORATE BOND E Other | 0.94% |
By country
United States 99.85%By asset type
Other 99.85%What changed recently
- Over the three months to Jul 31, 2026, investors added a net $2.6M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +4.44%, -0.18%, -0.61%.
How it works
ITDJ does not track an index, though most of the iShares ETFs it owns do. BlackRock sets the mix with its own risk tools. These weigh historical and forward-looking data on risk, returns and how asset classes move together. At least 80% of assets normally sit in securities from, or similar to, its unpublished 2070 Target Date Custom Benchmark. Underlying funds are chosen for their category, past risk and performance, and how they fit together. As of July 31, 2026, the iShares Russell 1000 ETF was 56.9% of assets and iShares Core MSCI International Developed Markets ETF was 26.3%.
The mix follows a glide path, a preset schedule that turns more conservative as 2070 nears. The target is 99% stocks, including real estate investment trusts (REITs), until 35 years before the date. It falls to 87% at 20 years, 65% at 10 and 40% at the date, with the rest in bonds. BlackRock reviews the targets regularly and may adjust for market conditions or to keep pace with the glide path during the year. Such changes are usually limited. Portfolio turnover was 8%.
Near its target date, ITDJ is expected to merge with the LifePath Retirement Fund, subject to board approval. It uses no leverage. BlackRock may face conflicts of interest over the fees it earns from underlying funds.
What it really costs
- ITDJ charges 0.12% a year, versus an average of 0.86% for the similar funds below (1st of 8, cheapest first).
- Of that, 0% is the management fee; the rest covers other fund expenses.
- Using the prospectus's standard example, $10,000 invested would cost about $12 in the first year and $154 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| ITDJ | $12 | $39 | $68 | $154 |
Structure and tax notes
- Invests in other funds rather than directly in stocks or bonds, so its holdings are those funds.
In a retirement portfolio
It is designed as an all-in-one retirement portfolio of iShares stock and bond ETFs that grows more conservative as 2070 approaches.
ITDJ bundles global stock funds, a tiny slice of bonds and an automatic shift toward bonds into one fund for 0.12% a year. In the SEC's standard example, which assumes $10,000 invested and 5% annual returns, that adds up to $154 over 10 years. The fund launched November 12, 2024, so it has no record from the 2008, 2020 or 2022 downturns. In price data from June 9, 2026, its deepest drop was 3.8%, from August 13 to October 23, 2026. It had not recovered by October 27, 2026. With nearly all its assets in stock funds, it offers little cushion for anyone who must sell or draw income in a bad year.
No distributions were recorded from June 9 to October 27, 2026, and it pays annually, so it is not an income source. Past results don't predict future ones, and a plan should weigh the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Savers retiring around 2070 who want a single fund of iShares ETFs for 0.12% a year, about $12 in year one per $10,000.
- Long-horizon investors comfortable with nearly all-stock exposure, including 26.3% in developed international and 11.4% in emerging-market funds as of July 31, 2026.
- Investors who would rather follow a preset glide path, from 99% stocks to 40% stocks and 60% bonds at the target date, than rebalance themselves.
Look elsewhere if
- Retirees or near-retirees needing regular cash: it pays annually, and no distributions were recorded from June 9 to October 27, 2026.
- Anyone wanting shelter from stock crashes: only 0.9% sat in a bond fund as of July 31, 2026, so there is little cushion.
- Those wanting a proven record or a large fund: net assets were about $15 million as of July 31, 2026, with no bear-market history.
Close alternatives
Matched by other buffer (defined-outcome) funds, largest first.
| Fund | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|
| ITDJ this fund | 0.12% | $15.0M | — | — |
| BUFR FT Vest Laddered Buffer ETF | 0.95% | $10.49B | +11.6% | +16.8% |
| BUFD FT Vest Laddered Deep Buffer ETF | 0.95% | $2.04B | +9.5% | +13.9% |
| PJAN Innovator U.S. Equity Power Buffer ETF - Ja… | 0.79% | $1.44B | +10.5% | +14.8% |
| PDEC Innovator U.S. Equity Power Buffer ETF - De… | 0.79% | $984.1M | +11.6% | +14.9% |
| FDEC FT Vest US Equity Buffer ETF - December | 0.85% | $1.31B | +12.9% | +18.5% |
| FJAN FT Vest US Equity Buffer ETF - January | 0.85% | $1.47B | +12.3% | +17.4% |
| FFEB FT Vest U.S. Equity Buffer Fund - February | 0.85% | $1.42B | +12.9% | +18.6% |
Questions investors ask
What does ITDJ invest in?
ITDJ invests in other iShares ETFs, not individual stocks or bonds. As of July 31, 2026, the iShares Russell 1000 ETF made up 56.9% of assets. iShares Core MSCI International Developed Markets ETF was 26.3% and iShares Core MSCI Emerging Markets ETF was 11.4%. Smaller stakes went to the iShares Russell 2000 ETF (3.4%), iShares Core U.S. REIT ETF (1.0%) and iShares 10+ Year Investment Grade Corporate Bond ETF (0.9%). BlackRock picks and adjusts the mix rather than tracking an index.
What is the ITDJ expense ratio?
ITDJ's expense ratio is 0.12% a year, according to its prospectus filed November 21, 2025, and its management fee is 0%. The SEC's standard example assumes $10,000 invested, a 5% annual return and a sale at the end of each period. On that basis, total costs would be about $12 after one year, $39 after three years, $68 after five and $154 after ten. Portfolio turnover was 8%, a sign of light trading inside the fund.
Does ITDJ pay dividends?
ITDJ pays distributions once a year, but it is not built for income. Its trailing 12-month yield was 0% as of October 27, 2026. That figure comes from a price record that begins June 9, 2026, even though the fund launched November 12, 2024. Nearly all its assets are in stock funds aimed at long-term growth. Investors who need regular cash payouts may find income-focused funds worth comparing.
What's the difference between ITDJ and other iShares LifePath ETFs?
The main difference is the target date. The LifePath ETFs share one glide path, a preset shift from stocks to bonds, but each sits at a different point. ITDJ, built for 2070 retirees, is at the stock-heavy end, with a 99% stock target until 35 years out. Funds nearer their dates hold more bonds. The target is 65% stocks at 10 years out, and 40% stocks with 60% bonds at the date. Near maturity, ITDJ is expected to merge with the LifePath Retirement Fund, subject to board approval.
How risky is ITDJ?
ITDJ carries nearly full stock-market risk. Almost all its assets are in stock funds, with just 0.9% in a bond fund as of July 31, 2026, so it offers little cushion in a sell-off. In its price record from June 9, 2026, the deepest drop was 3.8%, from August 13 to October 23, 2026. It had not recovered by October 27, 2026. It launched after the 2008, 2020 and 2022 downturns, and net assets were about $15 million as of July 31, 2026.