iShares US Transportation ETF (IYT)
| Assets | $728.33M |
| Expense Ratio | 0.39% |
| PE Ratio | 4.90 |
| Shares Out | 10.50M |
| Dividend (ttm) | $0.78 |
| Dividend Yield | 1.09% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 5.28% |
| 1-Year Return | +20.11% |
| Volume | 454,160 |
| Open | 72.00 |
| Previous Close | 71.97 |
| Day's Range | 71.35 - 72.02 |
| 52-Week Low | 59.93 |
| 52-Week High | 74.67 |
| Beta | 1.20 |
| Holdings | 48 |
| Inception Date | Oct 6, 2003 |
About IYT
Fund Home PageThe iShares US Transportation ETF (IYT) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a broad-based, modified market-cap-weighted index of US stocks in the transportation industry. IYT was launched on Oct 6, 2003 and is issued by BlackRock.
Top 10 Holdings
71.72% of assets| Name | Symbol | Weight |
|---|---|---|
| Uber Technologies, Inc. | UBER | 16.83% |
| Union Pacific Corporation | UNP | 15.69% |
| United Parcel Service, Inc. | UPS | 8.06% |
| Delta Air Lines, Inc. | DAL | 5.85% |
| United Airlines Holdings, Inc. | UAL | 4.89% |
| Old Dominion Freight Line, Inc. | ODFL | 4.61% |
| CSX Corporation | CSX | 4.26% |
| FedEx Corporation | FDX | 4.18% |
| Norfolk Southern Corporation | NSC | 4.16% |
| Southwest Airlines Co. | LUV | 3.18% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.205 | Sep 30, 2024 |
| Jun 11, 2024 | $0.178 | Jun 17, 2024 |
| Mar 21, 2024 | $0.186 | Mar 27, 2024 |
| Dec 20, 2023 | $0.21225 | Dec 27, 2023 |
| Sep 26, 2023 | $0.242 | Oct 2, 2023 |
| Jun 7, 2023 | $0.17125 | Jun 13, 2023 |
News
IYT: I Still See Too Many Challenges In The Transportation Space
In this review I evaluate the iShares Transportation Average ETF (IYT) as an investment option, which is a fund that offers exposure to multiple sub-sectors within transport. I have historically held ...
As Port Strike Continues, Don't Ignore Transportation ETFs
With the strike between key U.S. ports and the International Longshoremen's Association continuing, investors may want to revisit the transportation ETFs available to them. While not all directly rela...
IYT: Industrials Dashboard For September
Industrials as a whole are overvalued by more than 30% relative to 11-year averages. Aerospace/defense is the least attractive subsector based on my proprietary value and quality scores. We do a break...
IYT: Railways Playing Defense Against Previous Union Action
iShares U.S. Transportation ETF includes high multiple US picks like railroad stocks and Uber, facing labor issues and government regulations. IYT has a significant skew towards Uber and Union Pacific...
Transportation stocks sink, with industry ETF on track for biggest drop since October
Transportation stocks were being punished on Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.
IYT: The Anti-Recession Play
The iShares Transportation Average ETF provides diversified exposure to the U.S. transportation sector, including airlines, railroads, and trucking companies. The IYT ETF's top holdings include Union ...
IYT: Seeking Value In A Turbulent Transportation Sector
I highlight the importance of assessing the transportation industry's health and the potential of the iShares Transportation Average ETF for diversification and sector exposure. Economic indicators sh...
IYT: Likely No Margin Of Safety
IYT has some idiosyncratic exposures that make it quality even in a tougher economic environment. Although it is not without risks due to recession exposure on the airline side and it could suffer a l...
Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar
Hello! This week's ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year.
IYT: Transports Ride Into Bullish Seasonality, Shares Are A Value
Despite troubled news about the rails recently, the Dow Jones Transportation Average has been in absolute and relative rally mode for several months. I see more upside ahead but also outline one techn...
IYT Transportation ETF - The Outlook Got Worse
In this article, we discuss the deteriorating fundamentals of transportation companies in the US as a result of weakening global trade. Freight rates are falling while input inflation remains high, hu...
IYT Is Pretty Exposed To Unions
There's a lot of railroad exposure in the IYT, as well as other logistics. These are nice, hard asset markets where real capacity shortages exist, and the industrial exposures are good.
Industry Outlook 2022: Bracing For The Energy Impact
The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupte...
IYT Transportation ETF: Terrible Outlook, But New Investment Opportunities
I start this article by discussing the cyclical behavior of the IYT Transportation ETF, the biggest transportation ETF in the US. After that, I dive into the transportation outlook using the "bullwhip...
IYT: Transportation Stocks Are No Longer Expensive But A Neutral Stance Is Warranted
IYT invests in transportation stocks. IYT has followed recent broader declines in equity markets.
Why Is The Transportation Sector ETF Crashing?
The transportation stocks have been getting crushed. As you can see on the following chart, the iShares Transportation Average ETF (NYSE: IYT) has been in a freefall.
ProShares Debuts Supply Chain ETF
The thematic fund takes a global twist against existing transportation ETFs.
IYT Transportation ETF: Outlook And Alternatives
First, I will explain what the iShares Transportation ETF is all about, using its holdings, diversification, and expense ratio.
IYT: Transportation Stocks Are Overvalued
IYT invests in U.S. transportation stocks. Based on a fair cost of equity and earnings growth assumptions, IYT is priced very optimistically.
ETF Spotlight: The IYT transports ETF
CNBC's Morgan Brennan breaks down Tuesday's edition of ETF Spotlight where she highlights the iShares DJ Transports ETF, ticker IYT. Brennan discusses one of the ETF's top holdings, UPS, who beat on t...
IYT: Transportation Stocks Are Likely Overvalued
IYT appears to be overvalued based on headline data provided by major fund data providers. These figures also possibly make too many adjustments, hiding problematic aspects of the portfolio (on a net ...
3 Reasons We're Overweight Industrials
The confluence of the strong economic cycle and what we expect will be a step up in capital investment spending suggests a portfolio focus on industrials. We believe favorable market structures exist ...
ETF Odds & Ends: New Fund Targets Penny Stocks
Plus, updates on a number of ETF closures and other changes.