IYF - iShares US Financials ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
107.03
-0.11 (-0.10%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close107.14
Open107.81
Bid100.61 x 900
Ask0.00 x 1300
Day's Range106.53 - 108.76
52 Week Range106.53 - 126.54
Volume941,335
Avg. Volume343,838
Net Assets1.81B
NAV118.99
PE Ratio (TTM)N/A
Yield1.70%
YTD Return0.82%
Beta (3Y Monthly)0.94
Expense Ratio (net)0.43%
Inception Date2000-05-22
Trade prices are not sourced from all markets
  • ETF Trends22 days ago

    10 Sector ETFs That Could Stand Out in the New Year

    The U.S. equity rally is beginning to lose steam and investors should not expect markets to maintain their breakneck spurt of yesteryear. Nevertheless, traders may still find value in some battered sectors ...

  • Buffett Banking Too Much on the Banking Sector with J.P. Morgan?
    Market Realistlast month

    Buffett Banking Too Much on the Banking Sector with J.P. Morgan?

    As we discussed in the last three parts of this series, renowned billionaire investor Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) has increased its bets on the banking sector. The company added more shares (IYF) in Bank of America (BAC), U.S. Bancorp (USB), and Goldman Sachs Group (GS) to its portfolio. Now let’s look at a new addition to Berkshire Hathaway’s top ten holdings list that’s also from the banking sector.

  • Buffett Raised Bets on U.S. Bancorp and Goldman Sachs in Q3 2018
    Market Realistlast month

    Buffett Raised Bets on U.S. Bancorp and Goldman Sachs in Q3 2018

    So far in this series, we’ve looked at Warrant Buffet’s investment firm, Berkshire Hathaway’s (BRK.A)(BRK.B), top five investments in the third quarter. While Apple (AAPL) remained Berkshire’s top holding, Bank of America (BAC) and Wells Fargo (WFC) were its biggest banking-sector holdings. Now let’s take a look at Berkshire Hathaway’s other key banking-sector (IYF) investments.

  • How Warren Buffett’s Top Two Bank Holdings Changed in Q3 2018
    Market Realistlast month

    How Warren Buffett’s Top Two Bank Holdings Changed in Q3 2018

    In the previous part of this series, we looked at how investment pioneer Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) added about 522,902 more Apple (AAPL) shares in its portfolio in the third quarter. Now let’s see how Buffett’s top two bank holdings (IYF) changed in the last quarter.

  • Why Financial ETFs Are Down Despite Decent Bank Earnings
    Zacks2 months ago

    Why Financial ETFs Are Down Despite Decent Bank Earnings

    Here is why financial ETFs have been under pressure of late despite decent earnings releases from big banks.

  • Improving Economy and Retail Sales to Boost Mastercard’s Q3 Results
    Market Realist2 months ago

    Improving Economy and Retail Sales to Boost Mastercard’s Q3 Results

    A healthy job market and a steady hike in wages have increased the spending power of consumers. According to the U.S. Bureau of Labor Statistics, the unemployment rate declined 20 basis points in September to 3.7%, the lowest level since December 1969. An improving GDP growth rate is creating a favorable business environment for Mastercard. In the second quarter, the US GDP grew 4.2%, almost double the 2.2% increase registered in the first quarter. This growth rate was the highest since the third quarter of 2014.

  • Visa’s Q4 Results to Gain from Improving Economy and Retail Sales
    Market Realist2 months ago

    Visa’s Q4 Results to Gain from Improving Economy and Retail Sales

    An improving GDP growth rate, a healthy job market, and a steady hike in wages have increased the spending power of consumers. The US GDP grew 4.2% in the second quarter, which was almost double the 2.2% increase registered in the first quarter.

  • ETF Trends2 months ago

    Look to Financial ETFs as Borrowing Costs Rise

    Rising borrowing costs are not necessarily a cause for concern as rising interest rates typically go hand in hand with a growing economy, and financial stocks and sector-related exchange traded funds may do especially well in this type of environment. "When yields experience large changes in short periods of time, stocks can struggle to digest the moves," Bernstein's Noah Weisberger said in a note, according to CNBC. "So long as signs continue to point to a growth-driven move in yields, we think that over the medium term, stocks will fare well," Weisberger added.

  • Mastercard to Gain from Improving Economy and Rising Retail Sales
    Market Realist3 months ago

    Mastercard to Gain from Improving Economy and Rising Retail Sales

    A healthy job market and steady growth in wages have led to an increase in consumers’ disposable income and spending power. According to the U.S. Bureau of Labor Statistics, the unemployment rate in August was 3.9%. The current unemployment rate is hovering around 3.7%, its lowest level since the 1960s.

  • Improving GDP and Retail Sales Could Boost Visa’s Platform Usage
    Market Realist3 months ago

    Improving GDP and Retail Sales Could Boost Visa’s Platform Usage

    Improving GDP growth, a healthy job market, and steady wage growth have increased the disposable income of consumers, thereby giving them greater spending power. The US GDP grew 4.1% in the second quarter of 2018, which was almost double the 2.2% increase registered in the first quarter. The growth rate was the highest since the third quarter of 2014.

  • ETF Trends5 months ago

    12 U.S. Sector ETFs to Play in Case of an Escalating Trade War

    If the U.S. is stuck in an escalating trade war, stocks and sector-related ETFs with the highest domestic sales exposure in the U.S. should begin to stand out. “If trade tensions continue to rise and new ...

  • Visa Has a Premium Valuation after Its Fiscal Q3 2018 Results
    Market Realist5 months ago

    Visa Has a Premium Valuation after Its Fiscal Q3 2018 Results

    Visa’s (V) PE ratio is 27.30x on a next-12-month basis, which represents a premium valuation, as the industry has an average of 17.16x. In the fiscal third quarter, Visa witnessed strong momentum in payment volumes as well as in contactless transactions globally. Transport operators have been the primary drivers of the favorable response to contactless payments.

  • What Fueled Visa’s Payment Volumes in Fiscal Q3 2018?
    Market Realist5 months ago

    What Fueled Visa’s Payment Volumes in Fiscal Q3 2018?

    In the third quarter, Visa (V) witnessed a rise in payment volumes from the United States on a sequential basis from 10.1% to 10.5%. 

  • How Analysts Rate Mastercard
    Market Realist5 months ago

    How Analysts Rate Mastercard

    Analysts’ rating on Mastercard (MA) improved in July compared to June. In July 2018, Mastercard was covered by 40 analysts. 18 of these analysts have given the stock a “strong buy,” 19 recommended a “buy,” and three analysts rated the stock a “hold.”

  • Understanding Visa’s Take on Contactless Payments
    Market Realist5 months ago

    Understanding Visa’s Take on Contactless Payments

    Visa (V) has been making efforts to increase the use of contactless payments in the United States after experiencing a positive response from Australia as well as the United Kingdom. The company’s management expects that initially, it will take time to expand the use of contactless payments, but later on, growth will increase rapidly. Visa’s management is confident that the initial growth in contactless payments in the United States could be slow, but later on, this growth could witness strong momentum.

  • Mastercard Has Premium Valuations after Strong Q2 2018 Results
    Market Realist5 months ago

    Mastercard Has Premium Valuations after Strong Q2 2018 Results

    Mastercard (MA) has a price-to-earnings ratio of 28.04x on an NTM (next-12-month) basis compared to the peer average of 15.95x. Mastercard’s management had positive views on the US economy, as consumer confidence and strong jobs growth supported economic growth in the second quarter.

  • Understanding Visa’s Views on Europe and India
    Market Realist5 months ago

    Understanding Visa’s Views on Europe and India

    Visa (V) posted total payment volumes amounting to $2.1 trillion in its fiscal third quarter thanks to its strong momentum in credit transactions and growth across regions. Of its total payment volumes in the quarter, $428 billion came from the European region, implying a YoY (year-over-year) rise of 8.7% on a constant-dollar basis. Europe, being a cash-driven economy, offers significant opportunities for giant payment processors (IYF) such as Visa and Mastercard (MA).

  • How Mastercard’s Gross Dollar Volumes and Net Revenues Trended
    Market Realist5 months ago

    How Mastercard’s Gross Dollar Volumes and Net Revenues Trended

    In the second quarter, Mastercard (MA) witnessed total gross dollar volumes (or GDV) of $1.5 trillion. Excluding the United States, the company’s GDV witnessed YoY growth of 16% mainly on the back of Asia-Pacific as well as Europe. The GDV from Europe in the second quarter was $433 billion compared to $356 billion in Q2 2017.

  • Fintech Startups Grabbed a Larger Share of US Personal Loans
    Market Realist5 months ago

    Fintech Startups Grabbed a Larger Share of US Personal Loans

    According to TransUnion data, US personal loans outstanding grew from ~$71.9 billion a decade ago to ~$120 billion as of March. Personal loans, which aren’t collateralized by an asset, have been availed by ~17 million Americans. Financial technology startup shares like Lending Club, Prosper, and Avant increased from 0.90% in 2010 to 36.2% in 2017. At the same time, bank shares (VFH) (XLF) (IYF) declined from 34.1% to 26.4%.

  • Discover Financial’s Q2 2018: Total Loans Grew 9% Year-over-Year
    Market Realist5 months ago

    Discover Financial’s Q2 2018: Total Loans Grew 9% Year-over-Year

    On July 26, Discover Financial Services (DFS) released its earnings report for the second quarter. The strong economic environment, fueled by the jobs growth, is the primary factor that led to a rise in Discover Financial’s credit card loans on a sequential basis. At the end of the second quarter, Discover Financial had total credit card loans of $67.8 billion.

  • Mastercard’s Strong Q2 2018 Results and Impressive Growth
    Market Realist5 months ago

    Mastercard’s Strong Q2 2018 Results and Impressive Growth

    Mastercard (MA) released its second-quarter earnings report today. Its EPS came in at $1.66, compared to analysts’ forecast $1.53. The second-quarter EPS also reflect 48% year-over-year or YoY growth on a currency-neutral basis. The company’s competitor (IYF) Visa (V) posted EPS of $1.20 in fiscal Q3 2018. Visa posted YoY growth of 11% on a constant-dollar basis in its payments volume to $2.1 trillion.

  • Visa Posts Strong Fiscal Q3 2018 Results: Payments Volume Rose
    Market Realist5 months ago

    Visa Posts Strong Fiscal Q3 2018 Results: Payments Volume Rose

    On July 25, Visa (V) posted its third fiscal quarter results. The company posted an EPS of $1.20, which exceeds Wall Street analysts’ expectations by $0.11. According to the company’s management, the third fiscal quarter results were impacted by the favorable economic environment globally and business fundamentals.

  • Berkshire Is Still Staying Away from Big e-Commerce Businesses
    Market Realist5 months ago

    Berkshire Is Still Staying Away from Big e-Commerce Businesses

    Berkshire Hathaway’s (BRK.B) Services and Retail segment has stakes across flight services, electronics, FMCG (fast-moving consumer goods), retail, automotive, and financial services. However, the company hasn’t built up a stake in the e-Commerce industry in or outside the United States.

  • Visa’s Payments Volumes Could Fuel Its Growth
    Market Realist5 months ago

    Visa’s Payments Volumes Could Fuel Its Growth

    On July 25, Visa (V) is scheduled to report its results for the third fiscal quarter. Analysts expect Visa to post an EPS of $1.09, which represents 26.7% growth YoY (year-over-year) mainly due to the higher payments volume, elevated spending, the strong economy, and higher fuel-related spending. Visa has been trying to make contactless payments available in the United States.

  • Factors Affecting Analysts’ Ratings on Payment Processing Companies
    Market Realist5 months ago

    Factors Affecting Analysts’ Ratings on Payment Processing Companies

    Spending patterns and global economic trends are the primary factors that impact analysts’ ratings on payment processing companies (IYF). As the second quarter is expected to be beneficial for payment processing companies, Wall Street analysts could improve their ratings after these companies’ second-quarter results. Higher retail loans could help Discover Financial Services (DFS) and Capital One Financial Corporation (COF) in the second quarter in terms of interest income.