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
$ 46.4 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 +
| DEERE & CO | 4.7 % |
| HONEYWELL INTERNATIONAL INC | 4.6 % |
| VERTIV HOLDINGS CO. CLASS A | 4.4 % |
| CATERPILLAR INC | 4.3 % |
| RTX CORP | 3.8 % |
| EATON CORP PLC | 3.8 % |
| AMPHENOL CORP-CL A | 3.6 % |
| CUMMINS INC | 3.6 % |
| PARKER HANNIFIN CORP | 3.4 % |
| GENERAL MOTORS CO | 3.3 % |
Constituent Breakdown
| Number of holdings | 111 |
| Herfindahl-Hirschman Index | 230 |
| 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. | 94.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 83.4 % |
 |
IRELAND | 9.1 % |
 |
BRITAIN | 1.2 % |
 |
CAYMAN ISLANDS | 0.9 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.7% | 48.3% | -- | -- | -- | -- | -- | 28.3% |
| Dividend Yield | 0.0% | 1.5% | -- | -- | -- | -- | -- | 1.2% |
| Total Returns | 16.7% | 49.8% | -- | -- | -- | -- | -- | 29.5% | Ann. Volatility | 20.7% | 23.2% | -- | -- | -- | -- | -- | 21.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.06 | 78% |
| MSCI EAFE | 1.04 | 55% |
| MSCI Emg Mkts | 0.92 | 52% |
Liquidity Measures
| Avg. volume (000) | 22 |
| ADV traded (mns) | $1 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $34.68 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -0.43/-0.18 |
| Bollinger Bands (Upper/Lower) | $37.39/$32.70 |
| Short interest (% of AUM) | 0.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 |
|---|---|---|---|---|
| VIS | Vanguard Industrials ETF | 42.8% | -31 bp | +0.2% |
| FIDU | Fidelity MSCI Industrial Index ETF | 41.3% | -32 bp | +0.1% |
| XLI | Industrial Select Sector SPDR | 41.0% | -32 bp | +0.2% |
| IYJ | iShares U.S. Industrials ETF | 36.3% | 0 bp | +0.5% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 32.1% | 0 bp | +1.0% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 29.9% | +9 bp | +1.7% |
| PPA | Invesco Aerospace & Defense ETF | 29.3% | +18 bp | -2.1% |
| EXI | iShares Global Industrials ETF | 26.7% | +2 bp | 0.0% |
| RBLD | First Trust Alerian US NextGen Infrastructure ETF | 21.1% | +25 bp | +0.2% |
| FOWF | Pacer Solactive Whitney Fututre of Warfare ETF | 20.9% | +20 bp | -0.2% |
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 3/28/2026
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
4.5%
ALTAR SCORE™
25th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,199 funds in the US Equity category with an average
ALTAR Score™ of 5.9% 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 25th percentile
among funds in the category.
Sell-Side Consensus
$38.93
PRICE TARGET
+18.4%
UPSIDE