IYM - ETF AI Analysis
Top Page
iShares U.S. Basic Materials ETF (IYM)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in the basic materials sector.
Leading Holdings with Strong Returns
Several of the largest positions, including Linde, Freeport-McMoRan, Air Products and Chemicals, Nucor, Carpenter Technology, and Steel Dynamics, have shown strong performance, helping drive the fund’s overall results.
Focused Exposure to U.S. Materials
The fund is heavily invested in U.S. materials companies, giving targeted exposure to a key economic sector while still including some industrial and consumer cyclical names for added variety.
Negative Factors
High Concentration in Top Holding
Linde alone makes up a large share of the portfolio, which increases the fund’s sensitivity to the performance of a single company.
Underperforming Gold-Related Holdings
Newmont Mining and Anglogold Ashanti have shown weak performance this year, which can drag on the ETF’s returns if the trend continues.
Single-Country and Sector Concentration
Almost all assets are in U.S. stocks and heavily tilted toward the materials sector, which can make the fund more vulnerable to downturns in that country or industry.
IYM vs. SPDR S&P 500 ETF (SPY)
AUM998.48M
RegionNorth America
Expense Ratio0.38%
Beta0.86
IssueriShares
Inception DateJun 12, 2000
Dividend Yield1.25%
Asset ClassEquity
Index TrackedRussell 1000 Basic Materials RIC 22.5/45 Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume293,074
30 Day Avg. Volume240,736
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
212.00Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IYM Summary
The iShares U.S. Basic Materials ETF (IYM) tracks the Russell 1000 Basic Materials Index and focuses on U.S. companies that produce essential raw materials like chemicals, metals, and forestry products. Big names in the fund include Linde and Newmont Mining. Investors might consider IYM if they want to diversify into the materials sector and potentially benefit when demand for construction, manufacturing, and industrial goods rises. However, this ETF can be volatile because it is heavily tied to the basic materials sector, which can go up and down with commodity prices and the overall economy.
How much will it cost me?The iShares U.S. Basic Materials ETF (IYM) has an expense ratio of 0.38%, meaning you’ll pay $3.80 per year for every $1,000 invested. This expense ratio is slightly higher than average for ETFs because it is focused on a specific sector and requires more active management compared to broad-market index funds.
What would affect this ETF?The iShares U.S. Basic Materials ETF (IYM) could benefit from increased global demand for raw materials, driven by infrastructure projects and industrial growth, as well as its potential to act as a hedge against inflation. However, it may face challenges from rising interest rates, which can increase borrowing costs for companies in the sector, and potential regulatory changes or environmental concerns affecting mining and chemical production. Its heavy exposure to the U.S. market and reliance on top holdings like Linde and Newmont Mining also make it sensitive to domestic economic conditions.
IYM Top 10 Holdings
IYM is firmly anchored in U.S. basic materials, with gas-and-chemicals giant Linde as the heavyweight, though its recent trading has been a bit soft and keeps the fund from fully hitting its stride. On the brighter side, copper-focused Freeport-McMoRan and industrial metals names like Nucor and Steel Dynamics have been climbing, giving the ETF a strong cyclical tailwind. Carpenter Technology has been a standout, adding extra spark. Gold miners such as Newmont and Anglogold Ashanti, however, have been lagging, acting as a brake on otherwise solid, U.S-centric performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Linde | 19.31% | $196.99M | $225.87B | 4.69% | 66 Neutral | |
| Newmont Mining | 10.70% | $109.20M | $119.05B | 70.26% | 81 Outperform | |
| Freeport-McMoRan | 8.64% | $88.17M | $99.98B | 70.07% | 67 Neutral | |
| Ecolab | 6.08% | $62.03M | $79.94B | 3.98% | 66 Neutral | |
| Air Products and Chemicals | 4.82% | $49.20M | $67.57B | 8.53% | 46 Neutral | |
| Fastenal Company | 4.51% | $46.03M | $59.49B | 9.01% | 72 Outperform | |
| Nucor | 4.45% | $45.44M | $62.09B | 99.40% | 74 Outperform | |
| Anglogold Ashanti PLC | 3.84% | $39.19M | $48.59B | 71.21% | 73 Outperform | |
| Steel Dynamics | 3.08% | $31.43M | $37.62B | 119.43% | 76 Outperform | |
| Carpenter Technology | 2.58% | $26.31M | $28.35B | 125.48% | 75 Outperform |
IYM Technical Analysis
Positive
―
Price Trends
181.23
Positive
181.25
Positive
171.57
Positive
Market Momentum
2.60
Negative
60.21
Neutral
73.49
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IYM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 181.65, equal to the 50-day MA of 181.23, and equal to the 200-day MA of 171.57, indicating a bullish trend. The MACD of 2.60 indicates Negative momentum. The RSI at 60.21 is Neutral, neither overbought nor oversold. The STOCH value of 73.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IYM.
IYM Peer Comparison
Comparison Results
Performance Comparison
IYM
iShares U.S. Basic Materials ETF
188.12
44.38
30.88%
VDE
Vanguard Energy ETF
―
―
―
XLRE
Real Estate Select Sector SPDR Fund
―
―
―
XLB
Materials Select Sector SPDR Fund
―
―
―
XME
SPDR S&P Metals & Mining ETF
―
―
―
VAW
Vanguard Materials ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents