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Wednesday, August 19, 2026The Morning Brief →Sign in
IYJISharesINDEX

iShares U.S. Industrials ETF

$165.97-0.55% today
13917052-WK

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of the industrials sector of the U.S. equity market.

Price & daily flows
163.2154.4145.6165.97DAILY NET FLOWAug 19Dec 16Apr 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET +$64M OVER THIS RANGE

The desk’s read

Money is leaving — −$79M walked out over the past month, about 4.1% of the fund's asset base, while the price has returned +10.6% so far this year. At 0.40% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$1.9Bassets under management
0.40%expense ratio · $40 per $10,000 a year
−$79Mnet flow, trailing month
84Kavg daily volume, 30 days
190holdings · US-domiciled
2000listed June 11, 2000 · beta 0.95
The book at a glance
V+0.7%MA+0.3%CAT-3.3%GE-4.9%RTX-2.1%GEV-2.2%AXP+0.7%UNP+0.8%BA-0.6%ETN-2.0%DE-1.4%COF-0.2%PH-1.9%LMT-2.0%HWM-2.3%ACN+6.3%ADP+3.3%TT-1.5%PWR-3.1%GD-0.3%MMM-0.0%CSX+1.0%JCI-2.7%EMR-0.1%CMI-2.2%ITW+0.7%SHW+2.5%NOC-0.6%NSC+1.9%UPS+0.7%FDX+0.2%HON-2.3%URI+0.1%CTAS+1.7%TDG-0.7%PCAR-0.3%CRH+1.4%FIX-2.5%GWW-0.8%AME-2.6%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1VVISA6.88%$366.89+0.7%
2MAMASTERCARD5.27%$575.88+0.3%
3CATCATERPILLAR4.65%$812.77-3.3%
4GEGENERAL ELECTRIC4.43%$356.86-4.9%
5RTXRAYTHEON TECHNOLOGIES3.47%$220.88-2.1%
6GEVGE Vernova3.37%$982.90-2.2%
7AXPAMERICAN EXPRESS2.07%$340.80+0.7%
8UNPUNION PACIFIC2.07%$301.38+0.8%
9BABOEING1.99%$221.63-0.6%
10ETNEATON CORP2.05%$422.79-2.0%
11DEDEERE &1.72%$582.75-1.4%
12COFCAPITAL ONE FINANCIAL1.60%$221.10-0.2%
13PHPARKER HANNIFIN1.54%$1021.92-1.9%
14LMTLOCKHEED MARTIN1.40%$595.35-2.0%
15HWMHOWMET AEROSPACE1.34%$286.21-2.3%

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Sector weights
Industrials71.82%
Financials18.88%
Materials4.76%
Information Technology3.74%
Health Care0.33%
Cash and/or Derivatives0.22%
Consumer Discretionary0.19%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.49%
United Kingdom0.4%
Australia0.05%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.6%
1 month+1.9%
3 months+7.0%
6 months+4.0%
YTD+10.6%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$19M
1 month−$79M
3 months−$210M
YTD+$11M
1 year−$50M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
15%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-11.5%deepest fall from a peak, 1 year
-2.3%where it sits vs. that peak today

The top holding is 6.9% of the book; the top ten carry 36%. Spread across 213+ names, it behaves like roughly 50 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
8calls today
puts today
put/call ratio
25Kshares traded
Most-traded holdings, options premiumBullishBearish
BE BLOOM ENERGY$48M$44M
CAT CATERPILLAR$31M$34M
GEV GE Vernova$24M$21M
RKLB ROCKET LAB USA$21M$15M
BA BOEING$13M$22M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against IYJ

Due diligence cuts both ways. These funds sit on the same shelf and beat IYJ on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-35bp on fee · 66× the assets · +$547M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-36bp on fee · 17× the assets · +$104M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-36bp on fee · 12× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-36bp on fee · 10× the assets · +$312M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$195.3B+$631M-33bp on fee · 100× the assets · +$631M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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