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

6.0 M

ASSETS UNDER MGMT

40 bp

EXPENSES
Fund Basics
Fund sponsoriShares
CategoryUS
Asset classEquity
Websitelink...
Inception dateJul 17, 2024
Assets (mns)$6
Expense ratio40 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selection
Weighting
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
EATON CORP PLC 4.1 %
DEERE & CO 4.0 %
AMPHENOL CORP-CL A 3.9 %
GENERAL MOTORS CO 3.9 %
PACCAR INC 3.9 %
HONEYWELL INTERNATIONAL INC 3.8 %
CUMMINS INC 3.8 %
FORD MOTOR CO 3.5 %
AMETEK INC 3.4 %
TRANE TECHNOLOGIES PLC 3.1 %
Constituent Breakdown
Number of holdings98
Herfindahl-Hirschman Index 230
Wgt avg mkt cap (mns)$54,808
Large cap (>$10bn)86.2%
Mid cap ($2-10bn)13.1%
Small cap (<$2bn)0.7%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 86.9 %
IRELAND 9.1 %
BRITAIN 1.6 %
CAYMAN ISLANDS 0.7 %
Historical Performance


Standardized Performance (as of 09/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -- -- -- -- -- -- --
Volatility -- -- -- -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)1
Turnover0.4%
Avg. Bid/Ask (% of price)0.00%
ADV of underlying (mns)$16,793
Technical Indicators
Recent close$25.13
30d moving avg.$0.00
Annualized volatility0.0%
Relative strength (RSI)0
Short interest (ETF)0.0%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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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
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
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 --%
1.5 16.8 2.6 1.4% --
Based on closing prices from 10/9/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
MADE



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™

MADE

5.6%

Cat. Avg

5.6%


ALTAR Score™ Calculation

Category Overview
There are 933 funds in the US Equity category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.4%. MADE's ALTAR Score™ is approximately 0.0 standard deviations above the category average. This places MADE in the 51st percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

MADE
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Passive
US Equity ETFs
# of ETFs 192
Avg. Expense Ratio 31.0 bp
Std. Deviation 25.7 bp
MADE (40 bp) Percentile rank 64
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
MADE 40.0 0.0 40
Peer Avg. 37.4 15.4 52.8
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .