iShares Evolved U.S. Financials ETF

Frequently Asked Questions About IEFN

What does IEFN invest in?

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization financial companies. It will hold common stock of those companies that fall into the Financials Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as financial companies.

What is the expense ratio of IEFN?

iShares Evolved U.S. Financials ETF (IEFN) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IEFN?

iShares Evolved U.S. Financials ETF (IEFN) manages $8.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IEFN actively managed or an index fund?

IEFN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IEFN launched?

iShares Evolved U.S. Financials ETF (IEFN) launched in March 2018 and is managed by IShares.

How has IEFN performed?

IEFN's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.