The iShares U.S. Consumer Discretionary ETF (IYC) offers exposure to U.S. equities within the consumer discretionary sector, managing $1.19 billion in assets. With an expense ratio of 0.38%, IYC tracks an index of companies sensitive to economic cycles, focusing on sectors like retail, media, and consumer services. IYC's top holdings include companies like Amazon, Tesla and Netflix, making it a concentrated bet on consumer spending and related industries. Past performance does not guarantee future results.
The iShares U.S. Consumer Discretionary ETF (IYC) offers exposure to U.S. equities within the consumer discretionary sector, managing $1.19 billion in assets. With an expense ratio of 0.38%, IYC tracks an index of companies sensitive to economic cycles, focusing on sectors like retail, media, and consumer services. IYC's top holdings include companies like Amazon, Tesla and Netflix, making it a concentrated bet on consumer spending and related industries. Past performance does not guarantee future results.
ETF Overview
The iShares U.S. Consumer Discretionary ETF seeks to track the investment results of an index composed of U.S. equities in the consumer discretionary sector.
IYC aims to mirror the performance of U.S. consumer discretionary companies. The ETF invests in a basket of stocks that are heavily influenced by consumer spending habits and economic conditions. This makes it suitable for investors seeking targeted exposure to the consumer discretionary sector, potentially capitalizing on periods of economic expansion. IYC's allocation is heavily weighted towards consumer cyclical companies (67.8%), followed by communication services (12.2%) and consumer defensive (11.6%). The fund's top holdings include Amazon.com Inc (13.79%), Tesla Inc (8.59%), and Netflix Inc (4.88%), reflecting a significant allocation to online retail and entertainment. IYC may be worth researching if they believe in the continued growth of the consumer discretionary sector and are comfortable with its cyclical nature. Past performance does not guarantee future results.
Risk Metrics
IYC's risk profile is influenced by its sector concentration and top holdings. The fund's significant allocation to consumer cyclical companies (67.8%) makes it sensitive to economic downturns, as consumer spending tends to decrease during recessions. The concentration in top holdings like Amazon (13.79%) and Tesla (8.59%) means that the fund's performance is heavily reliant on the success of these companies. IYC's beta of 1.28 indicates that it is more volatile than the overall market. The expense ratio of 0.38% introduces a slight drag on returns, which should be factored into investment decisions. Investors should be aware of these risks and consider their own risk tolerance before investing in IYC. Past performance does not guarantee future results.
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Risk Metrics
Beta: 1.28
Questions & Answers
What is IYC and what does it track?
The iShares U.S. Consumer Discretionary ETF (IYC) is an exchange-traded fund that aims to track the investment results of an index composed of U.S. equities in the consumer discretionary sector. This means IYC invests in companies that produce goods and services that are considered non-essential and are often purchased when consumers have disposable income. As of 2026-03-15, IYC has $1.19 billion in assets under management and holds 166 different stocks. The fund provides investors with a way to gain exposure to a broad range of companies within the consumer discretionary sector through a single investment vehicle.
What is the expense ratio for IYC?
The expense ratio for IYC is 0.38%. This means that for every $10,000 invested in the fund, $38 is deducted annually to cover operating expenses. While 0.38% may seem small, it's important to consider this cost as it can impact overall returns over time. The expense ratio is lower than the category average of 0.44%, making IYC a relatively cost-effective option for accessing the consumer discretionary sector.
What are the top holdings in IYC?
As of 2026-03-15, the top holdings in IYC include some of the most prominent companies in the consumer discretionary sector. The largest holding is Amazon.com Inc (AMZN) at 13.79%, followed by Tesla Inc (TSLA) at 8.59%. Other significant holdings include Netflix Inc (NFLX) at 4.88%, Walmart Inc (WMT) at 4.22%, and Costco Wholesale Corp (COST) at 4.16%. These top holdings represent a significant portion of the fund's assets, indicating a concentrated exposure to these companies' performance.
Is IYC a good long-term investment?
Whether IYC is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the consumer discretionary sector. IYC offers exposure to a sector that can be sensitive to economic cycles, potentially leading to higher volatility compared to broader market ETFs. The fund's beta of 1.28 suggests it is more volatile than the overall market. Investors should carefully consider these factors and conduct thorough research before making any investment decisions. Past performance does not guarantee future results.
How does IYC compare to similar ETFs?
IYC competes with other ETFs that focus on the consumer discretionary sector. Key factors to compare include expense ratio, assets under management (AUM), and investment strategy. IYC's expense ratio of 0.38% is competitive within the category. Its AUM of $1.19 billion indicates a substantial investor interest. The fund's strategy of tracking a specific index of U.S. consumer discretionary companies differentiates it from actively managed ETFs or those with a broader investment mandate. Investors should compare these factors to determine which ETF best aligns with their investment objectives.
Does IYC pay dividends?
Yes, IYC does pay dividends. As of 2026-03-15, the fund has a dividend yield of 0.43%. This means that for every $100 invested in IYC, investors can expect to receive $0.43 in dividend payments annually. It's important to note that dividend yields can fluctuate over time depending on the performance of the underlying holdings and the fund's distribution policy. While the dividend yield is relatively modest, it provides a small income component to the overall investment return.