Launched on October 6, 2003, the iShares U.S. Transportation ETF (IYT) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market.
I rate iShares U.S. Transportation ETF a buy, driven by transformative restructuring and partnerships in top holdings like Union Pacific Corporation, Uber Technologies, Inc., and Fedex Corporation. IYT's top holdings — UNP, UBER, and FDX — offer strong growth catalysts: a major rail merger, autonomous taxi partnerships, and operational restructuring. Despite past underperformance, IYT's fundamentals-focused approach and low expense ratio position it for above-average returns relative to peers.
Designed to provide broad exposure to the Industrials - Transportation/Shipping segment of the equity market, the iShares U.S. Transportation ETF (IYT) is a passively managed exchange traded fund launched on October 6, 2003.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MSH Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 287,569 | $19M | $25.26M | $6.26M | 32.95% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,819 | $118,483.57 | $159,071.55 | $40,587.98 | 34.26% |
| YA Yinka Akinsola Blue Trust Inc. | 44 | $3,155.24 | $3,846.48 | $691.24 | 21.91% |
Jeff Ameen Spire Wealth Management | 2,640 | $157,763.26 | $231,316.8 | $73,553.54 | 46.62% |
Katie Smith Delos Wealth Advisors LLC | 84 | $5,757.36 | $7,354.62 | $1,597.26 | 27.74% |
| BATS Exchange | US Country |
This fund is a specialized investment vehicle that focuses on the transportation sector within the U.S. equity market. Its investment strategy primarily involves allocating at least 80% of its assets towards the securities that constitute its underlying index. This underlying index is curated by S&P Dow Jones Indices LLC and specifically measures the performance of U.S. companies in the transportation industry. Unlike diversified funds, this fund adopts a non-diversified approach, concentrating its investments in the transportation sector without spreading its risk across multiple sectors.
The fund invests in securities that are part of its underlying transportation index, aiming to match the performance of this specific sector of the U.S. equity market. This strategy allows investors to benefit from the growth of the transportation industry while maintaining a focused investment approach.
By not diversifying its investments beyond the transportation sector, the fund seeks to offer a concentrated exposure to the performance of transportation companies. This method can lead to higher returns for investors who have a bullish outlook on the transportation sector, albeit with potentially higher volatility compared to diversified funds.