- ISIN
- US0669226005
- CUSIP
- 066922600
- Issuer
- BlackRock
- Inception Date
- Feb 28, 1994
- Category
- Target Retirement Date
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
STLAX Performance Chart
BlackRock LifePath Dynamic Retirement Fund (STLAX) is up 5.8% since the beginning of the year. STLAX is currently trading at $10 per share. Investors who bought $1,000 worth of STLAX shares 5 years ago would now be looking at an investment worth $1,264.
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Returns By Period
BlackRock LifePath Dynamic Retirement Fund (STLAX) has returned 5.78% so far this year and 14.03% over the past 12 months. Over the last ten years, STLAX has returned 6.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BlackRock LifePath Dynamic Retirement Fund
- 1D
- 0.68%
- 1M
- 0.87%
- YTD
- 5.78%
- 6M
- 5.75%
- 1Y
- 14.03%
- 3Y*
- 10.36%
- 5Y*
- 4.79%
- 10Y*
- 6.59%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
STLAX Monthly Returns History
Based on dividend-adjusted daily data since Feb 25, 1994, STLAX's average daily return is +0.03%, while the average monthly return is +0.54%. At this rate, an investment would double in approximately 10.7 years.
Historically, 67% of months were positive and 33% were negative. The best month was Sep 2000 with a return of +7.5%, while the worst month was Oct 2008 at -9.7%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.
On a daily basis, STLAX closed higher 49% of trading days. The best single day was Sep 8, 2000 with a return of +7.8%, while the worst single day was Dec 26, 2023 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.72% | 1.69% | -3.23% | 4.05% | 1.65% | -0.10% | 5.78% | ||||||
| 2025 | 1.73% | 0.74% | -1.69% | 0.75% | 2.13% | 2.51% | -0.03% | 2.36% | 1.60% | 0.39% | 0.49% | 0.47% | 12.00% |
| 2024 | 0.00% | 1.26% | 2.08% | -2.95% | 3.14% | 6.74% | -3.41% | 1.87% | 1.73% | -2.24% | 2.53% | -2.39% | 8.16% |
| 2023 | 5.23% | -2.80% | 2.60% | 0.83% | -1.34% | 2.66% | 1.54% | -1.72% | -3.38% | -2.26% | 6.48% | 4.60% | 12.51% |
| 2022 | -3.40% | -2.00% | -0.55% | -5.18% | 0.31% | -4.88% | 4.75% | -3.02% | -6.87% | 2.30% | 5.74% | -2.34% | -14.86% |
| 2021 | -0.43% | 0.34% | 0.74% | 2.31% | 1.09% | 0.63% | 0.77% | 0.85% | -2.06% | 1.80% | -1.18% | 1.90% | 6.87% |
Benchmark Metrics
BlackRock LifePath Dynamic Retirement Fund has an annualized alpha of 3.28%, beta of 0.32, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since February 25, 1994.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (40.87%) than losses (36.85%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.28% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.32 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.28%
- Beta
- 0.32
- R²
- 0.62
- Upside Capture
- 40.87%
- Downside Capture
- 36.85%
Expense Ratio
STLAX has an expense ratio of 0.51%, placing it in the medium range.
Return for Risk
Risk / Return Rank
STLAX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock LifePath Dynamic Retirement Fund (STLAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| STLAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.78 | +0.14 |
| Martin ratioReturn relative to average drawdown | 12.42 | 12.44 | -0.02 |
Dividends
Dividend History
BlackRock LifePath Dynamic Retirement Fund provided a 4.57% dividend yield over the last twelve months, with an annual payout of $0.48 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.48 | $1.04 | $0.79 | $0.10 | $1.58 | $0.75 | $0.28 | $0.92 | $0.96 | $0.16 | $0.58 |
Dividend yield | 4.57% | 4.83% | 11.22% | 8.31% | 1.14% | 14.51% | 6.38% | 2.55% | 9.46% | 8.75% | 1.47% | 5.58% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock LifePath Dynamic Retirement Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.48 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.27 | $1.04 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.62 | $0.79 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.04 | $1.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock LifePath Dynamic Retirement Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock LifePath Dynamic Retirement Fund was 25.68%, occurring on Mar 9, 2009. Recovery took 209 trading sessions.
The current BlackRock LifePath Dynamic Retirement Fund drawdown is 0.38%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -25.68%Mar 2009 | 9mo 23d | 10mo 2d | 1y 7moMay 2008 - Jan 2010 |
Bear market2022 | -20.58%Oct 2022 | 11mo 8d | 1y 2mo | 2y 1moNov 2021 - Dec 2023 |
COVID crash2020 | -18.99%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
Dot-com crash2000–2002 | -8.43%Oct 2002 | 7mo 6d | 7mo 5d | 1y 2moMar 2002 - May 2003 |
2016 pullback2016 | -8.29%Jan 2016 | 8mo 28d | 5mo 20d | 1y 2moApr 2015 - Jul 2016 |
Drawdown Indicators
| STLAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.68% | -56.78% | +31.10% |
Max Drawdown (1Y)Largest decline over 1 year | -4.70% | -9.10% | +4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -7.88% | -18.90% | +11.02% |
Max Drawdown (5Y)Largest decline over 5 years | -20.58% | -25.43% | +4.85% |
Max Drawdown (10Y)Largest decline over 10 years | -20.58% | -33.92% | +13.34% |
Current DrawdownCurrent decline from peak | -0.38% | -1.80% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -2.38% | -10.71% | +8.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 2.03% | -0.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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