Summary
IYM Chart
IYM: Materials Dashboard For June
Construction materials and packaging are about 10% overvalued; chemicals and mining/metals are deeply overvalued versus historical baselines. IYM offers capital-weighted exposure to Russell 1000 materials, with higher metals/mining allocation and some industrials, but higher fees and volatility than XLB. Four stocks are cheaper than their peers in June.
Should You Invest in the iShares U.S. Basic Materials ETF (IYM)?
Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the iShares U.S. Basic Materials ETF (IYM), a passively managed exchange traded fund launched on June 12, 2000.
Should You Invest in the iShares U.S. Basic Materials ETF (IYM)?
Designed to provide broad exposure to the Materials - Broad segment of the equity market, the iShares U.S. Basic Materials ETF (IYM) is a passively managed exchange traded fund launched on June 12, 2000.
iShares U.S. Basic Materials ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 425 | $69,488.54 | $74,370.75 | $4,882.21 | 7.03% |
 Field & Main Bank Field & Main Bank | 321 | $31,344.27 | $56,126.85 | $24,782.58 | 79.07% |
| YA Yinka Akinsola Blue Trust Inc. | 20 | $3,518.4 | $3,502.7 | -$15.7 | -0.45% |
 Jeff Ameen Spire Wealth Management | 2,624 | $336,407.37 | $466,520.96 | $130,113.59 | 38.68% |
| RT Robert Tutela Essex LLC | 3,539 | $442,718.19 | $621,448.4 | $178,730.21 | 40.37% |
iShares U.S. Basic Materials ETF (IYM) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares U.S. Basic Materials ETF ever had a stock split?
iShares U.S. Basic Materials ETF Profile
| ARCA Exchange | US Country |
Overview
This company is centered around investment in the U.S. equity market, specifically targeting the basic materials sector. Its primary strategy involves allocating at least 80% of its assets towards securities that are either part of its underlying index or possess economic characteristics closely mirroring those of the index’s components. This focus underscores a commitment to capturing the performance and growth dynamics of the basic materials sector, which embodies a range of companies involved in the discovery, development, and processing of raw materials. The company’s investment approach is characterized by a non-diversified fund model, indicating a concentrated investment in the sector as opposed to spreading out investments across multiple sectors of the economy.
Products and Services
- Component Securities Investment
The company invests a significant portion of its assets in the securities that are part of its underlying index. This approach is designed to closely track the performance of the basic materials sector in the U.S. equity market. By doing so, the company aims to offer investors exposure to the sector's potential for growth, aligning its portfolio with the economic characteristics and performance dynamics of its chosen sector.
- Investments with Economic Characteristics Identical to the Index
In addition to direct investments in component securities, the company also seeks out investment opportunities that, while not part of the underlying index, exhibit economic characteristics that are substantially identical to those of the index components. This strategy allows for a broader exposure to the basic materials sector, capturing the essence of its economic performance while providing a diversified investment portfolio within the context of a non-diversified fund structure.
