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 06/12/2000.
Construction materials stand out for strong quality and fair valuation, making them the most attractive materials subsector right now. Chemicals and mining/metals are deeply overvalued, chemicals having the weakest value and quality scores in the sector. IYM is a very concentrated sector ETF.
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 06/12/2000.
This article provides a top-down analysis of the materials sector, focusing on fundamental and momentum metrics. The construction materials industry shows significant undervaluation and good quality, while the chemicals industry has the lowest value and quality scores. iShares U.S. Basic Materials ETF is compared to XLB: why the latter is a better choice than 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 06/12/2000.
The iShares U.S. Basic Materials ETF (IYM) was launched on 06/12/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.
This article provides a top-down analysis of the materials sector, focusing on fundamental and momentum metrics. Construction materials stand out with the best value and quality scores among subsectors. Fast facts on iShares U.S. Basic Materials ETF, less compelling than Materials Select Sector SPDR ETF due to higher fees, lower returns, and higher volatility.
Launched on 06/12/2000, the iShares U.S. Basic Materials ETF (IYM) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.
The construction materials industry is undervalued by about 9% relative to 11-year averages and shows an excellent quality score. The mining/metals subsector is close to its historical baseline in both value and quality. IYM implements a capped weighting methodology, but it doesn't make a significant difference with XLB in concentration. The latter is more attractive on several points.
Launched on 06/12/2000, the iShares U.S. Basic Materials ETF (IYM) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.
IYM is 1/10 the size of peer XLB, and there are many good reasons for that. Concentrating on the metals and mining industry within the basic materials sector can outperform the broader materials sector. We don't see an urgent use for IYM and rate it as a sell.
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 06/12/2000.