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ETFs

iShares U.S. Transportation ETF

IYT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 06 2003
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$31,178,874
AUM
$948,988,353
Associated Index
S&P Transportation Select Industry FMC Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

UNP
Union Pacific Corp.
17.49%
UPS
United Parcel Service, Inc. - Ordinary Shares - Class B
15.26%
UBER
Uber Technologies Inc
12.16%
CSX
CSX Corp.
4.88%
NSC
Norfolk Southern Corp.
4.74%
FDX
Fedex Corp
4.71%
ODFL
Old Dominion Freight Line, Inc.
4.39%
DAL
Delta Air Lines, Inc.
4.20%
EXPD
Expeditors International Of Washington, Inc.
3.09%
LUV
Southwest Airlines Co
3.07%
Invest with IYT

What is IYT?

The Fund seeks to track the investment results of the S&P Transportation Select Industry FMC Capped Index (the Underlying Index ), which measures the performance of Companies within the transportation sector of the U.S. equity market as determined by S&P Dow Jones Indices LLC (the Index Provider or SPDJI ). The Underlying Index may include large-, mid- and small-capitalization companies. Securities in the Underlying Index are weighted based on the float-adjusted market value of their outstanding shares.

ETFs related toIYT

ETFs correlated to IYT include XTN, RSPN, SCHM

IYT
BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation ETF
XTN
SPDR Series Trust - SPDR S&P Transportation ETF
RSPN
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Industrials ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
FXR
First Trust Exchange-Traded Fund III - First Trust Industrials/Producer Durables AlphaDEX Fund
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
VIS
Vanguard Group, Inc. - Vanguard Industrials ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIYT

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IYT using Composer

FAQ

IYT is a US Equities ETF. The Fund seeks to track the investment results of the S&P Transportation Select Industry FMC Capped Index (the Underlying Index ), which measures the performance of Companies within the transportation sector of the U.S. equity market as determined by S&P Dow Jones Indices LLC (the Index Provider or SPDJI ). The Underlying Index may include large-, mid- and small-capitalization companies. Securities in the Underlying Index are weighted based on the float-adjusted market value of their outstanding shares.

IYT tracks the S&P Transportation Select Industry FMC Capped Index.

No, IYT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IYT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IYT is -0.0433%. This is the percent change in the value of IYT over the most recent 1-month period. The 3-month return on IYT is -0.0228%. This is the percent change in the value of IYT over the most recent 3-month period.

The standard deviation of IYT for the past year is 0.2168%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IYT include TPOR, XLI, and XLY.

ETFs correlated to IYT include XTN, RSPN, and SCHM.

ETFs that are inversely correlated to IYT include SRTY, TZA, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.