Ishares Basic Materials Etf Profile
| IYM Etf | USD 147.80 0.89 0.61% |
Performance6 of 100
| Odds Of DistressLess than 9
|
IShares Basic is selling at 147.80 as of the 30th of November 2024; that is 0.61 percent increase since the beginning of the trading day. The etf's lowest day price was 146.91. IShares Basic has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for iShares Basic Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The company has 4.2 M outstanding shares. More on iShares Basic Materials
Moving together with IShares Etf
IShares Etf Highlights
| Chairman | Lee Kranefuss |
| Thematic Ideas | (View all Themes) |
| Old Name | iShares U.S. Basic Materials ETF MXN |
| Business Concentration | Sector ETFs, Materials ETFs, Natural Resources, iShares, Closed-End Fund - Equity, Financial (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2000-06-12 |
| Benchmark | Russell 1000 Basic Materials RIC 22.5/45 Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 573.19 Million |
| Average Trading Valume | 13,085 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead, Amy Whitelaw |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 41.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 8.14 |
| Name | iShares U.S. Basic Materials ETF |
| Currency Code | USD |
| Open Figi | BBG000BXYFZ5 |
| In Threey Volatility | 22.73 |
| 1y Volatility | 13.51 |
| 200 Day M A | 143.96 |
| 50 Day M A | 148.14 |
| Code | IYM |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
iShares Basic Materials [IYM] is traded in USA and was established 2000-06-12. The fund is classified under Natural Resources category within iShares family. The entity is thematically classified as Sector ETFs. iShares Basic Materials currently have 847.29 M in assets under management (AUM). , while the total return for the last 3 years was 6.1%.
Check IShares Basic Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Basic Materials Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Basic Materials Etf Constituents
| ALB | Albemarle Corp | Stock | Materials | |
| APD | Air Products and | Stock | Materials | |
| CTVA | Corteva | Stock | Materials | |
| DD | Dupont De Nemours | Stock | Materials | |
| DOW | Dow Inc | Stock | Materials | |
| ECL | Ecolab Inc | Stock | Materials | |
| FCX | Freeport McMoran Copper Gold | Stock | Materials | |
| IFF | International Flavors Fragrances | Stock | Materials |
IShares Basic Top Holders
| CPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| APSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| IPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation |
iShares Basic Materials Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Basic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.1) |
IShares Basic Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Basic Materials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of iShares Basic Materials is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Basic's value that differs from its market value or its book value, called intrinsic value, which is IShares Basic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Basic's market value can be influenced by many factors that don't directly affect IShares Basic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Basic's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Basic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Basic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.