- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Apr 27, 2022
- Business
- iShares Emergent Food and AgTech Multisector ETF (IVEG) seeks to track the investment results of the Morningstar Global Food Innovation Index, composed of companies from U.S. and non-U.S. markets positioned to benefit from advancements in agricultural technologies and innovative food products or services. The ETF invests at least 80% of its assets in index securities, including suppliers, producers, and users deriving benefits from agricultural technology, alternative proteins, sustainable food products and packaging, and nutritional innovation; it maintains an unconstrained approach across geographies, sectors, and company sizes, with exposure to materials (46.42%), industrials (22.60%), consumer staples (13.50%), health care (13.37%), and information technology (3.62%). Top holdings include Bayer AG (5.05%), Mosaic (4.78%), International Paper (4.60%), Corteva Inc. (4.48%), Danone SA (4.31%), Deere & Co. (4.30%), Nutrien Ltd. (4.29%), Novozymes B (4.26%), GEA Group AG (4.15%), and Ecolab Inc. (4.00%), totaling approximately 44% of the portfolio; the fund holds 33 positions with net assets of $4.33 million and an expense ratio of 0.47%. Launched on April 25, 2022, and issued by BlackRock's iShares under iShares Trust, IVEG trades on Nasdaq and targets institutional and retail investors seeking thematic exposure to global food innovation and AgTech multisector opportunities. As of June 2025, the fund reports 1-year NAV performance of 17.34%, 3-year performance of 3.68%, a 30-day SEC yield of 1.66%, beta versus S&P 500 (3-year) of 1.02, and an MSCI ESG Fund Rating of AA; no major acquisitions, partnerships, funding rounds, product launches, or strategic shifts have been announced in the last 1-2 years, with ongoing operations focused on index tracking amid stable asset levels around $4 million.