IYT
iShares U.S. Transportation ETF·Financial Services
77.37
0.706%(−0.55)
Market ClosedLast Updated: — ET
52W L: $57.6252W H: $83.07
iShares U.S. Transportation ETF·Financial Services
Designed to provide broad exposure to the Industrials - Transportation/Shipping segment of the equity market, the iShares U.S. Transportation ETF (IYT) is a passively managed exchange traded fund launched on October 6, 2003.
One 7% yielding monthly-paying investment is trading at one of its widest discounts in years. The other quietly yields over 9% and has been growing its payout for five years in a row. While I like both, they also come with risks to keep in mind.
I initiate a Buy rating on iShares US Transportation ETF, citing strong earnings growth, declining costs, and AI-driven efficiency gains. AI adoption is slashing costs and boosting productivity across IYT's holdings, with companies like CHRW, FDX, and UPS reporting tangible operational improvements. IYT offers diversified exposure to six sub-industries, a trailing P/E of 20, a low 0.38% expense ratio, and a five-year dividend CAGR of 7.8%.
Q4 earnings are near for some sectors facing pressure. Autos, Transportation and Staples ETFs CARZ, IYT, XLP look vulnerable.
Looking for broad exposure to the Industrials - Transportation/Shipping segment of the equity market? You should consider the iShares U.S. Transportation ETF (IYT), a passively managed exchange traded fund launched on October 6, 2003.
