IYT — iShares Transportation Average ETF

IYT Price Performance — Growth of $10,000

Value of a $10,000 investment in IYT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IYT Drawdown

The "underwater" chart: IYT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Transportation Average ETF (IYT) is an Industrials sector fund issued by iShares with $2.25 billion in assets under management. Currently priced at $86.97, the fund holds an overall rank of #318 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 55.6 out of 100. Investors face an expense ratio of 0.38% while receiving a dividend yield of 2.16%. The fund's position within a category containing 9 other ETFs tracked by ETFValuer suggests a competitive landscape for capital allocation. The substantial asset base indicates significant investor adoption relative to the fund's specific sector focus. This combination of moderate cost and income generation defines the fund's current profile for potential investors. The overall ranking reflects its standing among a broad universe of investment vehicles rather than just its specific industry peers.

Short-term performance shows a slight decline with a 1-day return of -0.24% and a 1-week drop of -1.78%. The 1-month return also registers at -0.24%, indicating a period of stagnation or minor weakness in the immediate past. However, the trend shifts positively over longer horizons, with a 3-month return of +6.77% and a 6-month gain of +13.91%. Year-to-date performance stands at +16.09%, while the 1-year return reaches +23.35%. The 3-year return further extends this positive trajectory to +37.93%. This pattern demonstrates a clear divergence where recent short-term weakness contrasts with sustained long-term growth. The acceleration from the 1-month to the 3-year period highlights the fund's ability to recover and generate returns over extended timeframes.

The fund carries a Moderate volatility label alongside a Beta of 1.31, indicating that its price movements tend to be more pronounced than the broader market. A Sharpe ratio of 0.90 suggests the fund has generated a reasonable amount of excess return per unit of risk taken over the measured period. The maximum drawdown of -26.35% reveals the extent of potential loss during adverse market conditions. This combination of figures implies that while the fund offers higher potential returns during up markets due to its elevated beta, it also exposes investors to significant downside risk. The moderate volatility classification aligns with the high beta, confirming that price swings are more frequent and intense than average. Investors must weigh the Sharpe ratio's indication of efficiency against the substantial historical drawdown when assessing risk tolerance.

AI-generated summary based on the data on this page.

IYT Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 72.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IYT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IYT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IYT's top 10 — PAVE overlaps most, holding 3 of the same companies as IYT's top 10 (25.6% of IYT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IYT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 702K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.25B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IYT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IYT Performance History

How IYT Compares to Other Industrials ETFs