MADE
iShares U.S. Manufacturing ETF
MADE aims to capture growth potential of companies that stand to benefit from reshoring by investing in stocks of manufuacturing companies across the economy, including consumer cyclicals, technology, auto makers, and defense contractors, among others.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 57.4 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Jul 17, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CATERPILLAR INC | 4.8 % |
| VERTIV HOLDINGS CO. CLASS A | 4.7 % |
| CUMMINS INC | 4.5 % |
| EATON CORP PLC | 4.3 % |
| DEERE & CO | 3.6 % |
| AMPHENOL CORP-CL A | 3.6 % |
| GENERAL MOTORS CO | 3.4 % |
| HONEYWELL INTERNATIONAL INC | 3.4 % |
| PARKER HANNIFIN CORP | 3.2 % |
| TRANE TECHNOLOGIES PLC | 3.0 % |
Constituent Breakdown
| Number of holdings | 111 |
| Herfindahl-Hirschman Index | 245 |
| Wgt avg mkt cap (mns) | $77,618 |
| Large cap (>$10bn) | 82.6% |
| Mid cap ($2-10bn) | 11.1% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 97.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 82.1 % |
 |
IRELAND | 12.6 % |
 |
BRITAIN | 1.4 % |
 |
CAYMAN ISLANDS | 1.1 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.0% | 60.2% | -- | -- | -- | -- | -- | 26.8% |
| Dividend Yield | 0.1% | 1.4% | -- | -- | -- | -- | -- | 1.2% |
| Total Returns | 19.1% | 61.5% | -- | -- | -- | -- | -- | 28.0% | Ann. Volatility | 25.4% | 20.1% | -- | -- | -- | -- | -- | 22.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.27 | 62% |
| MSCI EAFE | 0.97 | 49% |
| MSCI Emg Mkts | 0.74 | 47% |
Liquidity Measures
| Avg. volume (000) | 21 |
| ADV traded (mns) | $1 |
| Turnover | 1.4% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $36.17 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.45/0.51 |
| Bollinger Bands (Upper/Lower) | $37.60/$35.94 |
| Short interest (% of AUM) | 0.9% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MADE |
Expenses vs. MADE |
ALTAR Score™ vs. MADE |
|---|---|---|---|---|
| FIDU | Fidelity MSCI Industrial Index ETF | 42.2% | -32 bp | +0.3% |
| VIS | Vanguard Industrials ETF | 41.4% | -31 bp | +0.4% |
| XLI | Industrial Select Sector SPDR | 40.7% | -32 bp | +0.4% |
| IYJ | iShares U.S. Industrials ETF | 35.2% | 0 bp | +0.7% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 30.3% | 0 bp | +1.3% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 27.5% | +9 bp | +1.6% |
| EXI | iShares Global Industrials ETF | 26.6% | +2 bp | +0.1% |
| PPA | Invesco Aerospace & Defense ETF | 24.9% | +18 bp | -1.6% |
| RBLD | First Trust Alerian US NextGen Infrastructure ETF | 22.7% | +25 bp | +0.3% |
| VOLT | Tema Electrification ETF | 20.5% | +35 bp | -1.3% |
Risk and Returns: MADE 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 5/14/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
3.9%
ALTAR SCORE™
24th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,206 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. MADE's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places MADE in the 24th percentile
among funds in the category.
Sell-Side Consensus
$39.92
PRICE TARGET
+6.5%
UPSIDE