IYT
iShares US Transportation ETF
The iShares Transportation Average ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
679.0 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Investors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 06, 2003 |
| Assets (mns) | $679 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Price |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| UBER TECHNOLOGIES, INC. | 22.3 % |
| UNION PACIFIC CORP | 15.6 % |
| UNITED PARCEL SERVICE-CL B | 7.1 % |
| CSX CORP | 5.0 % |
| FEDEX CORP | 4.8 % |
| NORFOLK SOUTHERN CORP | 4.6 % |
| DELTA AIR LINES INC | 4.4 % |
| UNITED CONTINENTAL HOLDINGS | 4.1 % |
| OLD DOMINION FREIGHT LINE | 4.0 % |
| SOUTHWEST AIRLINES CO | 2.7 % |
Constituent Breakdown
| Number of holdings | 44 |
| Herfindahl-Hirschman Index | 984 |
| Wgt avg mkt cap (mns) | $84,827 |
| Large cap (>$10bn) | 84.5% |
| Mid cap ($2-10bn) | 13.6% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 99.0 % |
Historical Performance
Standardized Performance (as of 09/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.1% | 4.1% | 10.8% | 13.4% | 7.6% | 7.4% | 7.6% | 8.2% |
| Dividend Yield | 0.9% | 1.2% | 1.3% | 1.4% | 1.2% | 1.3% | 1.2% | 1.3% |
| Total Returns | 7.1% | 5.2% | 12.0% | 14.9% | 8.8% | 8.7% | 8.8% | 9.5% | Ann. Volatility | 27.5% | 25.7% | 22.3% | 22.0% | 22.2% | 23.1% | 24.4% | 23.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.42 | 81% |
| MSCI EAFE | 0.86 | 37% |
| MSCI Emg Mkts | 0.66 | 25% |
Liquidity Measures
| Avg. volume (000) | 521 |
| ADV traded (mns) | $37 |
| Turnover | 5.5% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| Recent close | $71.10 |
| 30d moving avg. | $71.34 |
| Annualized volatility | 21.3% |
| Relative strength (RSI) | 50 |
| Short interest | 14.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| XTN | SPDR S&P Transportation ETF | 50.7% | -5 bp | +4.6% |
| FTXR | First Trust Nasdaq Transportation ETF | 41.2% | +20 bp | +8.7% |
| SUPL | ProShares Supply Chain Logistics ETF | 39.6% | +18 bp | +10.4% |
| SHPP | Pacer Industrials and Logistics ETF | 33.2% | +20 bp | +8.3% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 16.7% | 0 bp | +5.2% |
| XLI | Industrial Select Sector SPDR Fund | 15.3% | -32 bp | +4.4% |
| AIRL | Themes Airlines ETF | 14.7% | -5 bp | +2.2% |
| JETS | U.S. Global Jets ETF | 14.7% | +20 bp | +2.8% |
| BUL | Pacer US Cash Cows Growth ETF | 14.3% | +20 bp | +5.1% |
| FIDU | Fidelity MSCI Industrial Index ETF | 13.9% | -32 bp | +4.4% |
Risk and Returns: IYT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/30/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
IYT
5.3%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 993 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. IYT's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places IYT in the 45th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IYTSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 627 |
| Avg. Expense Ratio | 46.1 bp |
| Std. Deviation | 32.8 bp |
| IYT (40 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IYT | 40.0 | 2.6 | 42.6 |
| Peer Avg. | 46.1 | 15.6 | 61.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .