IYM
iShares U.S. Basic Materials ETF
📎 Investment Objective
The iShares U.S. Basic Materials ETF (IYM) seeks to track the investment results of an index composed of U.S. equities in the basic materials sector.
Overview
ETF tracking iShares U.S. Basic Materials ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares U.S. Basic Materials ETF (IYM) seeks to track the investment results of an index composed of U.S. equities in the basic materials sector.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the Dow Jones U.S. Basic Materials Index. It invests in a representative sample of the index's constituent securities to achieve its investment objective.
✨ Key Features
- Provides exposure to U.S. companies in the basic materials sector, including chemicals, metals, and mining
- Diversified portfolio across the materials industry
- Low expense ratio of 0.00%
- Tracks the Dow Jones U.S. Basic Materials Index
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single sector
- Volatility risk as materials stocks can experience significant price swings
- Potential for underperformance compared to the broader market
- Liquidity risk for less-traded securities in the portfolio
👤 Best For
This ETF may be suitable for investors seeking targeted exposure to the U.S. basic materials sector as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who believe in the long-term growth potential of the materials industry.