Key stats
About iShares U.S. Financials ETF
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Inception date
May 22, 2000
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US4642877884
IYF offers a portfolio specific to the US financials segment, tracking a diversified, market-cap-weighted index for the financial space. The index pulls from a universe covering the top 95% of the market, thus offering broad US financials exposure. The capping methodology limits the sum of the weights of its securities, such that the aggregate weight of all issuers individually exceeding 4.5% are constrained to a maximum of 22.5%. Individual securities are also capped at 15%. The index is rebalanced on a quarterly basis. Prior to September 20, 2021, the fund tracked the Dow Jones U.S. Financials Capped Index.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IYF assets under management is 4.05 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IYF invests in stocks. See more details in our Analysis section.
IYF expense ratio is 0.38%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IYF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, IYF pays dividends to its holders with the dividend yield of 1.27%.
IYF shares are issued by BlackRock, Inc.
IYF follows the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 22, 2000.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.