LIPKX vs. LIVIX

Last updated Jun 4, 2026

LIPKX (BlackRock LifePath Index 2050 Fund Class K) and LIVIX (BlackRock LifePath Index 2055 Fund) are both Target Retirement Date funds from BlackRock. Over the past 10 years, LIPKX returned 11.76%/yr vs 12.04%/yr for LIVIX. With a 1.00 correlation, they move nearly in lockstep. LIPKX charges 0.09%/yr vs 0.10%/yr for LIVIX.

Performance

LIPKX vs. LIVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Index 2050 Fund Class K (LIPKX) and BlackRock LifePath Index 2055 Fund (LIVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with LIPKX having a 12.50% return and LIVIX slightly higher at 13.10%. Both investments have delivered pretty close results over the past 10 years, with LIPKX having a 11.76% annualized return and LIVIX not far ahead at 12.04%.

LIPKX

• 1D: 0.43%
• 1M: 5.32%
• YTD: 12.50%
• 6M: 13.26%
• 1Y: 28.65%
• 3Y*: 19.17%
• 5Y*: 10.07%
• 10Y*: 11.76%

LIVIX

• 1D: 0.47%
• 1M: 5.62%
• YTD: 13.10%
• 6M: 13.99%
• 1Y: 29.98%
• 3Y*: 19.96%
• 5Y*: 10.51%
• 10Y*: 12.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LIPKX vs. LIVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LIPKX BlackRock LifePath Index 2050 Fund Class K	12.50%	20.71%	12.88%	21.38%	-18.34%	18.74%	14.28%	26.78%	-7.81%	21.43%
LIVIX BlackRock LifePath Index 2055 Fund	13.10%	21.57%	13.60%	21.62%	-18.38%	18.75%	14.99%	26.76%	-7.83%	21.38%

Correlation

The correlation between LIPKX and LIVIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011	1.00

The correlation between LIPKX and LIVIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

LIPKX vs. LIVIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LIPKX

LIPKX Risk / Return Rank: 68
LIPKX Sharpe Ratio Rank: 68
LIPKX Sortino Ratio Rank: 65
LIPKX Omega Ratio Rank: 62
LIPKX Calmar Ratio Rank: 68
LIPKX Martin Ratio Rank: 75

LIVIX

LIVIX Risk / Return Rank: 69
LIVIX Sharpe Ratio Rank: 70
LIVIX Sortino Ratio Rank: 65
LIVIX Omega Ratio Rank: 62
LIVIX Calmar Ratio Rank: 70
LIVIX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LIPKX vs. LIVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2050 Fund Class K (LIPKX) and BlackRock LifePath Index 2055 Fund (LIVIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LIPKX	LIVIX	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.43	0.00
Sortino ratio: Return per unit of downside risk	3.37	3.37	+0.01
Omega ratio: Gain probability vs. loss probability	1.44	1.44	0.00
Calmar ratio: Return relative to maximum drawdown	3.20	3.22	-0.03
Martin ratio: Return relative to average drawdown	14.13	14.29	-0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LIPKX vs. LIVIX - Sharpe Ratio Comparison

The current LIPKX Sharpe Ratio is 2.43, which is comparable to the LIVIX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of LIPKX and LIVIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LIPKX	LIVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	2.43	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.67	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.72	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.64	-0.02

Drawdowns

LIPKX vs. LIVIX - Drawdown Comparison

The maximum LIPKX drawdown since its inception was -34.29%, roughly equal to the maximum LIVIX drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for LIPKX and LIVIX.

Drawdown Indicators

	LIPKX	LIVIX	Difference
Max Drawdown Largest peak-to-trough decline	-34.29%	-34.44%	+0.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.09%	-9.44%	+0.35%
Max Drawdown (3Y) Largest decline over 3 years	-17.06%	-17.39%	+0.33%
Max Drawdown (5Y) Largest decline over 5 years	-26.35%	-26.45%	+0.10%
Max Drawdown (10Y) Largest decline over 10 years	-34.29%	-34.44%	+0.15%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.51%	-4.52%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.13%	-0.08%

Volatility

LIPKX vs. LIVIX - Volatility Comparison

BlackRock LifePath Index 2050 Fund Class K (LIPKX) and BlackRock LifePath Index 2055 Fund (LIVIX) have volatilities of 3.76% and 3.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIPKX	LIVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	3.86%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	10.06%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	12.54%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.50%	15.84%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.51%	16.72%	-0.21%

LIPKX vs. LIVIX - Expense Ratio Comparison

LIPKX has a 0.09% expense ratio, which is lower than LIVIX's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LIPKX vs. LIVIX - Dividend Comparison

LIPKX's dividend yield for the trailing twelve months is around 2.51%, more than LIVIX's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIPKX BlackRock LifePath Index 2050 Fund Class K	2.51%	2.82%	0.01%	2.14%	2.08%	2.20%	1.11%	3.33%	2.42%	2.36%	1.60%	3.17%
LIVIX BlackRock LifePath Index 2055 Fund	2.19%	2.48%	0.01%	2.04%	1.96%	2.04%	1.56%	2.95%	2.35%	2.27%	1.54%	2.88%

Frequently Asked Questions

Can I hold both LIPKX and LIVIX in my portfolio?

With a correlation of 1.00, LIPKX and LIVIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LIPKX or LIVIX?

LIVIX has higher volatility (3.86%) compared to LIPKX (3.76%). In terms of maximum drawdown, LIPKX dropped -34.29% vs LIVIX's -34.44%.

Which has better risk-adjusted returns?

LIVIX currently has the higher Sharpe Ratio (2.43 vs 2.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.