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The iShares U.S. Basic Materials ETF is an exchange-traded fund designed to closely mirror the investment performance of a specific benchmark index. This underlying index consists exclusively of shares from American companies operating within the fundamental materials industry.
Is IYM'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.
The AI infrastructure selloff has hit AI-linked industrials, including copper producers, potentially setting up a buying opportunity for investors with a longer-term outlook. While modelling by Goldman Sachs estimates that AI expectations are the biggest driver of today's copper prices, S&P Global projects AI and data centers will only account for about 10%. Under S&P Global's model, eliminating the entire data-center sector, including conventional cloud and internet services, would still leave a 7.5 million-tonne annual copper supply gap by 2040, versus its baseline.
Envestnet Asset Management Inc. raised its holdings in iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 180.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,631 shares of the company's stock after purchasing an additional 15,215 shares during the quarter. Envestnet
If you're interested in broad exposure to the Materials - Broad segment of the equity market, look no further than the iShares U.S. Basic Materials ETF (IYM), a passively managed exchange traded fund launched on June 12, 2000.
Cetera Investment Advisers grew its holdings in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 44.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,415 shares of the company's stock after buying an additional 7,236
Materials are often viewed as a sleepy, cyclical corner of the market, but the artificial intelligence (AI) buildout is adding vim and vigor to the sector.