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Launched · SEC filings

iShares U.S. Telecommunications ETF

IYZCboeiSharesC

$37.55−0.83 (−2.18%)

At close: Nov 2, 2026, 4:00 PM ET

C52/ 100

Rank 5 of 10 in Communication Services (Broad)

C52/100Rank 5 of 10inCommunication Services (Broad)
Intraday session: down, 79 prints from 38.38 to 37.55. Range 37.52 to 38.38. Use the arrow keys to read each point.37.8038.0038.2010 AM12 PM2 PM4 PM
Expense ratio
0.37%
Fund size
$762M
1Y total return
+18.4%
Yield · Last 12 months
1.75%
Holdings
24
Avg volume · 30D
1.01M sh
52W range
low $31.06high $46.07
Launched
Filings
SEC EDGAR

The ETF.net IYZ Grade

Based on 5 of 6 pillars

C

Score 52 out of 100

Category
Communication Services (Broad)⁠
Rank
5 of 10
Six-pillar profile for IYZ. Scores out of 100: Cost 32, Risk 61, Mission not scored, Tradability 78, Holdings 49, Durability 77. Strongest: Tradability (78). Weakest: Cost (32). Based on 5 of 6 pillars.

Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D32 out of 100
    Rank 7 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B61 out of 100
    Rank 2 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A78 out of 100
    Rank 2 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C49 out of 100
    Rank 5 of 10

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 2 of 10

Our read on IYZ

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched May 22, 2000

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IYZ$11,837
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IYZ $11,837. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for IYZ. Periods over one year show the average yearly return.
PeriodIYZ
Year to date+14.5%
1 month−6.8%
3 months−6.3%
1 year+18.4%
3 yearsper year+25.4%
5 yearsper year+6.1%
10 yearsper year+4.5%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IYZ
YearReturn barIYZ
2026 YTD+14.5%
2025+29.3%
2024+20.5%
2023+3.9%
2022−30.3%
2021+11.7%
2020+4.1%

IYZ in the news

IYZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.75%Last 12 months
Payout per share
$0.67Last 12 months
Last payment
$0.18 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.27; Jun 27, 2017 $0.20; Sep 26, 2017 $0.31; Dec 19, 2017 $0.27; Mar 22, 2018 $0.21; Jun 26, 2018 $0.19; Sep 26, 2018 $0.17; Mar 20, 2019 $0.17; Jun 17, 2019 $0.18; Sep 24, 2019 $0.14; Dec 16, 2019 $0.21; Mar 25, 2020 $0.23; Jun 15, 2020 $0.16; Sep 23, 2020 $0.21; Dec 14, 2020 $0.19; Mar 25, 2021 $0.25; Jun 10, 2021 $0.20; Sep 24, 2021 $0.29; Dec 13, 2021 $0.09; Mar 24, 2022 $0.16; Jun 9, 2022 $0.15; Sep 26, 2022 $0.10; Dec 13, 2022 $0.17; Mar 23, 2023 $0.16; Jun 7, 2023 $0.12; Sep 26, 2023 $0.11; Dec 20, 2023 $0.12; Mar 21, 2024 $0.15; Jun 11, 2024 $0.14; Sep 25, 2024 $0.12; Dec 17, 2024 $0.12; Mar 18, 2025 $0.17; Jun 16, 2025 $0.12; Sep 16, 2025 $0.21; Dec 16, 2025 $0.19; Mar 17, 2026 $0.15; Jun 15, 2026 $0.15; Sep 15, 2026 $0.18. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.18
Jun 15, 2026Jun 18, 2026$0.15
Mar 17, 2026Mar 20, 2026$0.15
Dec 16, 2025Dec 19, 2025$0.19
Sep 16, 2025Sep 19, 2025$0.21
Jun 16, 2025Jun 20, 2025$0.12
Mar 18, 2025Mar 21, 2025$0.17
Dec 17, 2024Dec 20, 2024$0.12
Sep 25, 2024Sep 30, 2024$0.12
Jun 11, 2024Jun 17, 2024$0.14
Mar 21, 2024Mar 27, 2024$0.15
Dec 20, 2023Dec 27, 2023$0.12

See all 105 payments⁠

$10,000 in IYZ 10 years ago paid $2,336 in dividends.⁠

IYZ Risk

Risk pillarB61 out of 100Rank 2 of 10 in Communication Services (Broad)
How much the fund’s monthly returns vary, scaled to a year.
15.7%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.24
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−37.5%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.69
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IYZ Cost

Compare IYZ and XLC

Overpaying vs XLC, cheapest in Communication Services (Broad)

$5,824

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IYZ 0.37%

    $7,513

  • XLC 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • IYZ 0.37%
  • XLC 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530IYZ $7,513XLC $1,689

Year by year

YearIYZXLCOverpaying
10$670$147$523
20$2,590$575$2,015
30$7,513$1,689$5,824

Other funds in Communication Services (Broad)

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