IYF

iShares U.S. Financials ETF

$123.73

+0.00%

Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The iShares U.S. Financials ETF (IYF) seeks to track the investment results of an index composed of U.S. equities in the financials sector.

Overview

ETF tracking iShares U.S. Financials ETF

Category Financials

Issuer BlackRock

Inception Date 2007-12-06

Market Cap $4.0B

Average Volume N/A

Dividend Yield 1.28%

52-Week Range $99.23 - $127.16

VWAP $123.89

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares U.S. Financials ETF (IYF) seeks to track the investment results of an index composed of U.S. equities in the financials sector.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the Dow Jones U.S. Financials Index. It invests primarily in stocks of companies in the financials sector, such as banks, insurance providers, and diversified financial services firms.

✨ Key Features

Provides broad exposure to the U.S. financials sector
Passively managed to track a financials-focused index
Low expense ratio of 0.00%
Suitable for investors seeking sector-specific exposure

⚠️ Primary Risks

Concentration risk as the fund is focused on a single sector
Susceptibility to economic conditions and regulatory changes affecting the financials industry
Potential for higher volatility compared to the overall market
Lack of performance history due to the recent launch of the fund

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the U.S. financials sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with a sector-specific fund.

Top Holdings

Rank	Ticker	Name	Weight	Sector
1	BRKB	BERKSHIRE HATHAWAY INC CLASS B	12.09%	Financials
2	JPM	JPMORGAN CHASE & CO	11.02%	Financials
3	BAC	BANK OF AMERICA CORP	4.44%	Financials
4	WFC	WELLS FARGO	3.90%	Financials
5	GS	GOLDMAN SACHS GROUP INC	3.82%	Financials
6	MS	MORGAN STANLEY	3.04%	Financials
7	C	CITIGROUP INC	2.93%	Financials
8	BLK	BLACKROCK INC	2.60%	Financials
9	SCHW	CHARLES SCHWAB CORP	2.59%	Financials
10	SPGI	S&P GLOBAL INC	2.46%	Financials
11	PGR	PROGRESSIVE CORP	2.08%	Financials
12	CB	CHUBB LTD	1.76%	Financials
13	BX	BLACKSTONE INC	1.63%	Financials
14	CME	CME GROUP INC CLASS A	1.62%	Financials
15	MMC	MARSH & MCLENNAN INC	1.45%	Financials