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ETFs

iShares U.S. Telecommunications ETF

IYZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 22 2000
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$6,325,789
AUM
$276,852,011
Associated Index
Russell 1000 Telecommunications RIC 22.5/45 Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CSCO
Cisco Systems, Inc.
17.71%
CMCSA
Comcast Corp - Ordinary Shares - Class A
15.47%
VZ
Verizon Communications Inc
11.91%
T
AT&T, Inc.
4.86%
TMUS
T-Mobile US Inc
4.38%
CHTR
Charter Communications Inc. - Ordinary Shares - Class A
4.05%
MSI
Motorola Solutions Inc
3.83%
ANET
Arista Networks Inc
3.51%
CABO
Cable One Inc
3.36%
DISH
Dish Network Corp - Ordinary Shares - Class A
3.32%
Invest with IYZ

What is IYZ?

The iShares U.S. Telecommunications ETF seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. IYZ changed its index from the Dow Jones U.S. Select Telecommunications Index to the Russell 1000 Telecommunications RIC 22.5/45 Capped Index.

ETFs related toIYZ

ETFs correlated to IYZ include CVRD, VLUE, DIVB

IYZ
BlackRock Institutional Trust Company N.A. - iShares U.S. Telecommunications ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
VLUE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Value Factor ETF
DIVB
BlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
EQWL
Invesco Capital Management LLC - Invesco Russell Top 200 Equal Weight ETF
IUS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco RAFI Strategic US ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
VOOV
Vanguard Group, Inc. - Vanguard S&P 500 Value 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.

Automated Strategies
Related toIYZ

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IYZ using Composer

FAQ

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

IYZ tracks the Russell 1000 Telecommunications RIC 22.5/45 Capped Index.

No, IYZ 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, IYZ 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 IYZ is -0.0172%. This is the percent change in the value of IYZ over the most recent 1-month period. The 3-month return on IYZ is 0.0319%. This is the percent change in the value of IYZ over the most recent 3-month period.

The standard deviation of IYZ for the past year is 0.21%. 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 IYZ include XLF, XLU, and XLE.

ETFs correlated to IYZ include CVRD, VLUE, and DIVB.

ETFs that are inversely correlated to IYZ include SDS, SH, and SPXS.

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.