Share-split context: A forward split was recorded on Jul 24, 2008 with coefficient 3.000003. 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. Energy ETF (IYE) focuses on the energy sector in the United States. It holds a variety of companies involved in energy production and services. As of October 8, 2026, the fund holds 43 different assets.

Top Holdings

The fund's portfolio is concentrated in a few large companies. The top holdings include:

• ExxonMobil Holdings Corp: 21.73%

• Chevron Corp: 15.79%

• ConocoPhillips: 6.68%

• Marathon Petroleum Corp: 4.75%

• Valero Energy Corp: 4.6%

These weights can change over time.

What the numbers show

The current price of the ETF is $66.77. Because this ETF has a history of share splits, we look at split-adjusted returns to see how it has performed.

• Price Return: This measures only the change in the share price. The one-year price return is 40.21%, and the year-to-date (YTD) price return is 40.48%.

• Total Return: This reflects the overall return, including distributions. The one-year total return is 43.51%, and the YTD total return is 42.73%. Over three years, the total return was 60.62%.

The ETF had a forward split on July 24, 2008. In a forward split, each old share becomes multiple new shares, and the price per share drops proportionally. This does not create a gain or loss; it simply changes the number of shares an investor owns.

Income and distribution explanation

This ETF usually pays distributions quarterly. Over the last 12 months, it has made 4 payouts. The distribution yield is approximately 2.02%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's underlying assets declines over time. StockValueFinder uses an erosion-risk score to measure this.

IYE has an erosion score of 100 and a severity rating of "good." The data indicates that no price erosion has been detected, and the severe erosion-risk flag is false.

Pros

• Strong total returns over the one-year and three-year periods.

• No detected NAV erosion.

• High income rating grade of "A."

Cons

• The portfolio is heavily weighted in just a few companies, such as ExxonMobil and Chevron.

• The distribution yield is relatively low compared to some other income-focused funds.

Beginner takeaway

IYE provides exposure to large U.S. energy companies. It has shown strong price and total returns recently and shows no signs of NAV erosion. While it pays a regular distribution, investors should look at the total return rather than the yield alone to understand the fund's overall performance.