Key stats
About ISHARES U.S. UTILITIES ETF
Expense ratio
0.39%
Home page
Inception date
Jun 12, 2000
IDU holds a float-adjusted market-cap-weighted portfolio of large-cap US utilities firms. The funds advisor uses a representative sampling approach to indexing, meaning the fund may not hold all of the underlying in the index but a sample of securities that provide the same investment profile. Regulatory capping targets are also applied at each quarterly rebalance such that single issuer weights are capped at 22.5% and the aggregate weight of all companies exceeding 4.5% weight is capped at 45%. Additionally, the fund may hold cash and cash equivalents, money market funds, and derivatives including futures, options and swap contracts up to 20% of the portfolio to maximize investment. In all, it's a good choice for investors looking for a diversified, broad exposure to the segment. Prior to September 20, 2021, the fund tracked the Dow Jones U.S. Utilities Index.
Classification
What's in the fund
Exposure type
Utilities
Industrial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.