iShares US Financial Services ETF (IYG)
| Assets | $1.62B |
| Expense Ratio | 0.39% |
| PE Ratio | 7.16 |
| Shares Out | 20.15M |
| Dividend (ttm) | $0.92 |
| Dividend Yield | 1.15% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 8.31% |
| 1-Year Return | +46.30% |
| Volume | 50,406 |
| Open | 80.13 |
| Previous Close | 79.85 |
| Day's Range | 79.10 - 80.13 |
| 52-Week Low | 54.49 |
| 52-Week High | 80.50 |
| Beta | 1.16 |
| Holdings | 106 |
| Inception Date | Jun 12, 2000 |
About IYG
Fund Home PageThe iShares US Financial Services ETF (IYG) is an exchange-traded fund that is based on the Dow Jones U.S. Financial Services index. The fund invests in a market-cap-weighted subset of US stocks consisting exclusively of financial service firms. IYG was launched on Jun 12, 2000 and is issued by BlackRock.
Top 10 Holdings
60.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 13.92% |
| JPMorgan Chase & Co. | JPM | 11.28% |
| Visa Inc. | V | 8.36% |
| Mastercard Incorporated | MA | 6.96% |
| Bank of America Corporation | BAC | 5.10% |
| Wells Fargo & Company | WFC | 4.09% |
| The Goldman Sachs Group, Inc. | GS | 3.03% |
| Morgan Stanley | MS | 2.70% |
| S&P Global Inc. | SPGI | 2.60% |
| American Express Company | AXP | 2.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.240 | Sep 30, 2024 |
| Jun 11, 2024 | $0.210 | Jun 17, 2024 |
| Mar 21, 2024 | $0.200 | Mar 27, 2024 |
| Dec 20, 2023 | $0.267 | Dec 27, 2023 |
| Sep 26, 2023 | $0.29267 | Oct 2, 2023 |
| Jun 7, 2023 | $0.215 | Jun 13, 2023 |
News
IYG: A Solid Financials ETF To Avoid Volatility
The financials sector is poised to benefit from fundamental factors and investor rotation out of risky tech sectors. Tech selloff driven by fading AI expectations and high valuations, leading to poten...
IYG: A Rotation To Financials Makes Sense
The value style of investing is expected to outperform the technology sector, which is over-owned and losing momentum. iShares U.S. Financial Services ETF is a passively managed fund th
IYG: Some Duration Gap Bite-Back, But Insurance Still Looks Good
While insurance benefits from persisting inflation, IYG has more banking exposures that would not benefit, at least to the extent that rates will positively correlate with inflation. With the picture ...
IYG: Buy The Dip With Long-Term Investment Horizon
iShares U.S. Financial Services ETF is currently trading near a 52-week low on fear of the Fed's tightening, which I believe is presenting a buying opportunity. The financial sector has passed the wor...
IYG: Capitalize On Large-Caps As Banking Concerns Ease
The iShares U.S. Financial Services ETF provides exposure to large-cap US financial services companies. IYG offers a solid dividend yield of 2.15% and an attractive dividend rate of $3.27. The fund al...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
IYG Vs. EUFN ETFs: U.S. Banks Seem More Protected Than European Ones
After the turmoil which has embroiled banks on both sides of the Atlantic, in addition, to metrics, behavioral science also determines how depositors and investors behave. Tools used by regulators as ...
IYG: Bank Runs Make This ETF A Lot Cheaper, And Closer To A Buy Zone
IYG invests in financial stocks across the United States. Medium-term economic recovery could put banks and credit card companies responsible for moving the needle.
Financials Look Ripe For A Reversal
The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long ter...
Investors Give The Cold Shoulder To U.S. Diversified Equity Funds And ETFs In October
For the fifth month in a row, mutual fund investors were net sellers of fund assets, withdrawing $75.9 billion from the conventional funds business for October. Fixed income funds (+$45.2 billion for ...
Banks are beneficiaries when economic momentum recovers: Tom Lee
Tom Lee, Fundstrat Global Advisors head of research, joins 'Closing Bell' to discuss the market close and why bank stocks have continued to lag.
The iShares U.S. Financial Services ETF's Underlying Holdings Imply 16% Gain Potential
For the iShares U.S. Financial Services ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $150.91 per unit.
Implied iShares U.S. Financial Services ETF Analyst Target Price: $147
For the iShares U.S. Financial Services ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $146.93 per unit.
Analysts See 11% Upside For The iShares U.S. Financial Services ETF
For the iShares U.S. Financial Services ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $143.89 per unit.