iShares U.S. Telecommunications ETF
$41.56−0.20 (−0.49%)
- Expense ratio
- 0.37%
- Fund size
- $1.1B
- 1Y return
- +32.3%
- Yield · Last 12 months
- 1.61%
- Holdings
- 22
- Volume · 30D
- 1.2M sh
- NAV per share
- $42.43
- 52W range
The ETF.net IYZ Grade
Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 32Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 66Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 68Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 46Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
Our read on IYZ
COne of the original sector ETFs, trading since 2000 and still literal about telecom: U.S. phone, internet and communication companies, with index caps that stop any one carrier from swallowing the portfolio.
The fund seeks to track an index of U.S. equities in the telecommunications sector and provides diversified access to U.S. companies offering phone, internet, and communication services.
Why people hold it
- Running since 2000, through the fiber build-out, the wireless wars and the streaming rewrite. Quarter-century histories are rare in sector ETFs.
- Literal about telecom by mandate: U.S. companies selling phone, internet and communication services, not the wider media-and-internet basket its broad peers carry.ishares.com
- The index trims at each quarterly rebalance: no single issuer above 22.5%, and issuers over 4.5% capped at 45% combined. The giant carriers get pruned by rule, not by hope.sec.gov
- Actively traded with BlackRock's iShares plumbing behind it, and cash goes out on a quarterly schedule.
Worth knowing
- The fee is a step up: 0.37% versus single-digit basis points on the broad communication services trackers in this group (XLC, FCOM, VOX). That is the toll for the narrower cut.
- Concentrated by design: roughly two dozen holdings, and the cap rules still leave room for one issuer to sit near 22.5% of the fund.ishares.comsec.gov
- One sector, one country. It rides U.S. telecom, so its path can look nothing like a total-market fund's in either direction.
IYZ Holdings
- Stocks
- 22
- 71%
- CSCO
Geography
IYZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IYZ |
|---|---|
| Year to date | +24.6% |
| 1 month | −2.6% |
| 3 months | +0.2% |
| 1 year | +32.3% |
| 3 years | +27.2% |
| 5 years | +7.1% |
| 10 years | +5.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IYZ |
|---|---|---|
| 2026 YTD | +24.6% | |
| 2025 | +29.3% | |
| 2024 | +20.5% | |
| 2023 | +3.9% | |
| 2022 | −30.3% | |
| 2021 | +11.7% | |
| 2020 | +4.1% |
IYZ in the news
ETF.net Research hasn’t filed on IYZ yet — coverage lands here as it’s written.
IYZ Dividends
- 1.61%
- $0.67
- $0.18 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.18 |
| Jun 15, 2026 | Jun 18, 2026 | $0.15 |
| Mar 17, 2026 | Mar 20, 2026 | $0.15 |
| Dec 16, 2025 | Dec 19, 2025 | $0.19 |
| Sep 16, 2025 | Sep 19, 2025 | $0.21 |
| Jun 16, 2025 | Jun 20, 2025 | $0.12 |
| Mar 18, 2025 | Mar 21, 2025 | $0.17 |
| Dec 17, 2024 | Dec 20, 2024 | $0.12 |
| Sep 25, 2024 | Sep 30, 2024 | $0.12 |
| Jun 11, 2024 | Jun 17, 2024 | $0.14 |
| Mar 21, 2024 | Mar 27, 2024 | $0.15 |
| Dec 20, 2023 | Dec 27, 2023 | $0.12 |
IYZ Risk
- 15.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −37.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IYZ Cost
- The middle half of Communication Services (Broad) funds
- Median 0.35%
5 of the 9 Communication Services (Broad) funds charge less.