IYZ — iShares U.S. Telecommunications ETF

IYZ Price Performance — Growth of $10,000

Value of a $10,000 investment in IYZ 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.

IYZ Drawdown

The "underwater" chart: IYZ'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 U.S. Telecommunications ETF (IYZ) is a Communication Services fund managed by iShares with $1.24 billion in assets under management. Trading at $40.43 per share, the fund carries an expense ratio of 0.38% and offers a dividend yield of 2.00%. It currently holds an overall rank of #31 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B+ with a score of 76.8/100. Within its specific category, the fund is one of four ETFs monitored by ETFValuer. The substantial asset base and high ranking suggest significant investor adoption relative to the broader universe of tracked funds. Its moderate dividend yield and competitive expense ratio position it as a cost-effective vehicle for exposure to the telecommunications sector. The fund's price and asset size reflect its established status among the limited selection of peers in the Communication Services category.

Over the last day, the fund declined by 0.02%, while the one-week return showed a gain of 0.80%. A one-month period resulted in a loss of 2.58%, followed by a three-month decline of 6.19%. However, the trend reversed over longer horizons, with a six-month return of 18.84% and a year-to-date gain of 19.61%. The one-year return reached 35.18%, and the three-year return accelerated significantly to 92.02%. This pattern indicates a divergence where short-term volatility masked strong medium and long-term growth. The data shows a clear shift from negative performance in the one and three-month windows to robust positive returns over the year and three-year periods.

The fund is assigned a Moderate volatility label and has a beta of 0.69, indicating lower sensitivity to market movements compared to the broader market. A Sharpe ratio of 1.54 suggests the fund has generated strong risk-adjusted returns relative to its volatility. The maximum drawdown recorded is -13.85%, which reflects the largest peak-to-trough decline experienced by the fund. This combination of a low beta and high Sharpe ratio implies the fund has managed downside risk effectively while capturing upside potential. The moderate volatility classification aligns with the beta figure, suggesting the fund does not amplify market swings. The maximum drawdown figure provides a specific measure of the worst-case scenario loss within the tracked history.

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

IYZ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 73.6% 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 IYZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IYZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IYZ's top 10 — VOX overlaps most, holding 4 of the same companies as IYZ's top 10 (34.3% of IYZ'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.

IYZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.03% and average daily volume is 1.5M/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 $1.24B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IYZ 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.

IYZ Performance History

How IYZ Compares to Other Communication Services ETFs