IYC Stock Recent News

The reality is that consumers aren't stupid, and can forecast their budgets reasonably well in the face of rate hikes. With continued strength in consumer discretionary, it looks like sentiment remains strong for the economy, which is a self-fulfilling prophecy. The problem is paying a 26x P/E for discretionary when we are still in a tighter environment in terms of the standard set by risk-free rate for investments. Pass.

If you're interested in broad exposure to the Consumer Discretionary - Broad segment of the equity market, look no further than the iShares U.S. Consumer Discretionary ETF (IYC), a passively managed exchange traded fund launched on 06/12/2000.

IYC is iShares' ETF for gaining direct exposure toward the Consumer Discretionary sector. Earnings multiples and growth metrics for the Consumer Discretionary sector suggest a fair valuation.

Sector ETF report for IYC

Consumer spending increased the most in nearly two years in January amid a surge in wage gains. Rising spending bodes well for the consumer discretionary sector.

Sector ETF report for IYC

Sector ETF report for IYC

Sector ETF report for IYC

Sector ETF report for IYC

As prices rise, consumers are put under extreme pressure to keep their normal standard of living. As inflationary pressures continue, consumers make necessary sacrifices to manage their budgets – often going into debt in the process.