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ETFs

iShares U.S. Basic Materials ETF

IYM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 12, 2000
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$6,538,335
AUM
$678,044,201
Associated Index
Russell 1000 Basic Materials RIC 22.5/45 Capped Gross Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LIN
Linde Plc.
20.22%
APD
Air Products & Chemicals Inc.
7.65%
FCX
Freeport-McMoRan Inc
6.49%
ECL
Ecolab, Inc.
5.43%
NUE
Nucor Corp.
4.95%
DOW
Dow Inc
4.29%
NEM
Newmont Corp
4.25%
FAST
Fastenal Co.
3.99%
LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
3.44%
ALB
Albemarle Corp.
2.94%
Invest with IYM
Trade IYM Options

What is IYM?

The iShares U.S. Basic Materials ETF seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. IYM changed its index from the Dow Jones U.S. Basic Materials Index to the Russell 1000 Basic Materials RIC 22.5/45 Capped Index.

1M
3M
6M
YTD
1Y
3Y
Max
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IYM
Performance Measures**

for the time period Jun 20, 2000 to Dec 4, 2025

Returns

1M Trailing Return: 6.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 0.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -67.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 25.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.42

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.11

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIYM

ETFs correlated to IYM include FMAT, VAW, XLB

IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
XLB
SSgA Active Trust - Materials Select Sector SPDR
FXZ
First Trust Exchange-Traded Fund III - First Trust Materials AlphaDEX Fund
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
XME
SPDR Series Trust - SPDR Metals & Mining ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toIYM

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

Create your own algorithmic trading strategy with IYM using Composer

FAQ

IYM is a US Equities ETF. The iShares U.S. Basic Materials ETF seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. IYM changed its index from the Dow Jones U.S. Basic Materials Index to the Russell 1000 Basic Materials RIC 22.5/45 Capped Index.

IYM tracks the Russell 1000 Basic Materials RIC 22.5/45 Capped Gross Index.

No, IYM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IYM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IYM is -0.0146%. This is the percent change in the value of IYM over the most recent 1-month period. The 3-month return on IYM is -0.0131%. This is the percent change in the value of IYM over the most recent 3-month period.

The standard deviation of IYM for the past year is 0.217%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IYM include XLI, XLY, and XLV.

ETFs correlated to IYM include FMAT, VAW, and XLB.

ETFs that are inversely correlated to IYM include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.