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This exchange-traded fund is structured to mirror the financial performance of a specific benchmark index, which is comprised of stocks from American corporations within the consumer discretionary segment of the market.
Is IYC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the iShares U.S. Consumer Discretionary ETF (IYC), a passively managed exchange traded fund launched on June 12, 2000.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the iShares U.S. Consumer Discretionary ETF (IYC) is a passively managed exchange traded fund launched on June 12, 2000.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the iShares U.S. Consumer Discretionary ETF (IYC), a passively managed exchange traded fund launched on June 12, 2000.
IYC tracks an Index of U.S. Consumer Discretionary stocks. It has a 0.38% expense ratio and $1.4B in assets and launched nearly 26 years ago, making it an extremely well-established ETF. IYC has historically performed well when earnings growth rates were above market. However, that's not the case today, and IYC has further headwinds with poor earnings surprises and earnings revisions. IYC also doesn't hold a value or quality advantage over the Russell 3000 Index. My analysis highlights its elevated 23.45x forward P/E ratio and operating margins that lag by 13%.
Commonwealth Equity Services LLC cut its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 12.4% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,475 shares of the company's stock after selling 8,668 shares during the period. Commonwealth