IYC: ISHARES U.S. CONSUMER DISCRETIONARY ETF
Share-split context: A forward split was recorded on Dec 7, 2020 with coefficient 4. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The iShares U.S. Consumer Discretionary ETF (ticker: IYC) is an exchange-traded fund that focuses on companies involved in consumer discretionary spending. This means the fund holds businesses that sell goods and services people choose to buy, like electronics, cars, or travel.
Based on the most recent data, the fund holds 159 different companies. Some of its Top Holdings include:
• Amazon.com Inc (14.77%)
• Tesla Inc (8.14%)
• Walmart Inc (4.69%)
• Costco Wholesale Corp (4.29%)
• The Home Depot Inc (3.97%)
• Netflix Inc (3.84%)
• The Walt Disney Co (3.18%)
• McDonald's Corp (3.13%)
• TJX Companies Inc (2.55%)
• Uber Technologies Inc (2.41%)
Please note that these holdings are only a partial list and can change over time.
What the numbers show
When looking at how this ETF has performed, it is important to understand two different types of returns: price return (the change in the share price) and total return (which includes both the share price change and any cash distributions).
• Year-to-Date (YTD): The price return is approximately -6.44%, while the total return is approximately -6.05%.
• One-Year: The price return is approximately -6.38%, while the total return is approximately -5.89%.
• Three-Year: The price return has been approximately 45.29%, and the total return has been approximately 47.78%.
This ETF has a history of "forward splits." The most recent happened in December 2020. In a forward split, each old share becomes multiple new shares. This makes the price per share look lower, but it does not change how much of the fund you own.
Income and distribution explanation
This ETF provides cash distributions to investors. The distribution yield is approximately 0.55%. This number describes the cash paid out relative to the current ETF price. Over the last 12 months, there were 4 distributions, which usually happen on a quarterly basis.
It is important to remember that a distribution yield is not the same as total return. While distributions provide cash, they do not guarantee that your original investment will stay the same value.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases. StockValueFinder uses an erosion-risk score to measure this risk.
For IYC, the erosion score is 75, which is labeled as "Mild price erosion." This is a measurement of risk and not a definitive proof that the fund's value has collapsed. Currently, there is no "severe erosion-risk flag" for this ETF.
Pros
• The fund has shown strong total returns over a three-year period (approximately 47.78%).
• It provides regular quarterly cash distributions.
Cons
• The fund has experienced a share-price decline over the last year and year-to-date.
• It has a "mild" erosion-risk score.
Beginner takeaway
When looking at an ETF like IYC, remember that share prices can go up or down. While the fund pays out cash distributions, those payments are separate from the price movement of the shares. Always look at both the price return and the total return to get a fuller picture of how the fund is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | AMAZON.COM INC | AMZN | 14.77% |
| 2 | TESLA INC | TSLA | 8.14% |
| 3 | WALMART INC | WMT | 4.69% |
| 4 | COSTCO WHOLESALE CORP | COST | 4.29% |
| 5 | THE HOME DEPOT INC | HD | 3.97% |
| 6 | NETFLIX INC | NFLX | 3.84% |
| 7 | THE WALT DISNEY CO | DIS | 3.18% |
| 8 | MCDONALD'S CORP | MCD | 3.13% |
| 9 | TJX COMPANIES INC | TJX | 2.55% |
| 10 | UBER TECHNOLOGIES INC | UBER | 2.41% |