iShares U.S. Transportation ETF
IYT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Jan 2, 2004
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Transportation Average ETF (IYT) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. equities in the transportation sector, primarily the Dow Jones Transportation Average or S&P Transportation Select Industry FMC Capped Index. The fund provides investors with exposure to a diversified portfolio of transportation companies, including railroads such as Union Pacific Corporation and CSX Corporation; airlines like Delta Air Lines, Inc., United Airlines Holdings, Inc., and Southwest Airlines Co.; delivery and logistics firms including United Parcel Service, Inc., FedEx Corporation, and Uber Technologies, Inc.; trucking and freight operators such as Old Dominion Freight Line, Inc. and J.B. Hunt Transport Services, Inc.; as well as marine shipping, air freight, and other transportation-related services. With approximately 44-48 holdings weighted by market capitalization, IYT offers quarterly distributions, a net expense ratio of 0.38-0.39%, and focuses on large- and mid-cap U.S. companies across airlines, truckers, marine shipping, rails, and transportation services. Launched on October 6, 2003, and managed by BlackRock, Inc. under the iShares brand, the ETF is domiciled in the United States and trades on the Cboe BZX exchange with headquarters aligned to BlackRock's operations in New York. IYT serves institutional and retail investors targeting the industrials sector, particularly transportation, with assets under management around $688-712 million and shares outstanding near 8.6 million. The fund operates exclusively within U.S. markets, providing no direct international exposure beyond multinational operations of its holdings. In recent developments, the fund has maintained its core tracking strategy amid sector volatility driven by tariff uncertainties, freight demand fluctuations, and economic factors impacting trucking and airline stocks in 2024-2025, with no major acquisitions, partnerships, funding rounds, or product launches specific to IYT reported. BlackRock, as issuer, completed the acquisition of HPS Investment Partners in 2025, adding significant assets under management but not directly altering IYT's structure or operations. The benchmark index saw typical constituent adjustments reflecting market dynamics, while IYT declared regular quarterly distributions such as $0.1714 and $0.2132 per share in recent periods, underscoring ongoing stability without strategic shifts or reorganizations.