IYF Stock Recent News

Launched on 05/22/2000, the iShares U.S. Financials ETF (IYF) is a passively managed exchange traded fund designed to provide a broad exposure to the Financials - Broad segment of the equity market.

Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the largest U.S. banks gaining an increasing market share by allowing them to take over the smaller regional institutions.

IYF invests in U.S. financial companies. The portfolio is broadly diversified, although some household names dominate the top spaces of the portfolio.

Market signals come in all shapes and sizes, but at VettaFi, advisor engagement is a leading indicator — and right now, that data is putting the spotlight on currency-hedged Japan ETFs.

In the last trading session, leveraged S&P 500 and financials ETF traded with an outsized volume.

Sector ETF report for IYF

While substantial holdings in BRK gives IYF some insurance profile, after that there's only banks down the holding list. Companies in IYF are not going to be able to hide from the hits to the market that will come with higher rates and higher required returns.

Sector ETF report for IYF

Insurers clearly benefit because of the low duration of their portfolios from the rate hiking. Insurers also benefit from better business conditions, which sell more policies. Full-service banks are a little less clear. In most cases, interest spread is rising, but some are making bear calls on the capital safety of US banks.

Sector ETF report for IYF