IYC — iShares US Consumer Discretionary ETF

IYC Price Performance — Growth of $10,000

Value of a $10,000 investment in IYC over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IYC Drawdown

The "underwater" chart: IYC's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares US Consumer Discretionary ETF (IYC) is a fund managed by iShares that tracks the Consumer Discretionary category, which currently contains 8 ETFs according to ETFValuer data. Trading at $96.78 with assets under management of $1.16 billion, the fund has achieved a market position that reflects moderate investor adoption relative to its category peers. In the broader landscape of 458 tracked ETFs across all categories, IYC holds an overall rank of #423 and has received an ETFValuer grade of D with a score of 39.3 out of 100. The fund charges an expense ratio of 0.38% and offers a dividend yield of 0.44%, providing a specific income profile for holders. These metrics, combined with its mid-tier ranking and moderate asset size, characterize the fund's standing within the current market environment. The data suggests a fund that is established but faces challenges in achieving top-tier performance or cost efficiency compared to the broader universe of available options.

Recent price action shows a divergence between short-term fluctuations and longer-term trends, with the fund gaining 0.87% over the last day before falling 3.59% over the week. Monthly performance has been negative, recording declines of 3.85% over one month, 5.85% over three months, and 8.00% over six months. Year-to-date returns stand at -5.50%, while the one-year return is -4.48%, indicating a period of sustained underperformance in the recent past. Despite these recent losses, the fund has demonstrated significant growth over a longer horizon, posting a 3-year return of +34.81%. This pattern highlights a sharp contrast between the negative momentum observed in the last year and the substantial gains accumulated over the previous three years. The data indicates a volatile return profile where recent periods have erased some of the long-term gains achieved prior to the current downturn.

The fund carries a Moderate volatility label and a beta of 1.03, suggesting its price movements tend to align closely with or slightly exceed the broader market's fluctuations. A Sharpe ratio of -0.63 indicates that the risk-adjusted returns have been negative, meaning the fund has not generated sufficient excess return to compensate for the volatility experienced. This risk profile is further illustrated by a maximum drawdown of -21.62%, which represents the largest peak-to-trough decline recorded for the fund. The combination of a beta above 1.00 and a negative Sharpe ratio implies that the fund has been sensitive to market downturns without providing adequate compensation for that risk. Investors holding this fund have experienced periods where the asset declined significantly, as evidenced by the drawdown figure, while the negative risk-adjusted metric confirms that these declines were not offset by proportional gains during the measured period.

AI-generated summary based on the data on this page.

IYC Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 51.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IYC's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IYC

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IYC's top 10 — SPYV overlaps most, holding 5 of the same companies as IYC's top 10 (35.5% of IYC's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IYC Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 115K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.16B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IYC is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IYC Performance History

How IYC Compares to Other Consumer Discretionary ETFs