iShares U.S. Telecommunications ETF
$41.49−0.29 (−0.69%)
- 0.37%
- $1.1B
- +32.0%
- 1.61%
- 1.1M sh
- $42.64
- low $31.06high $46.07
The ETF.net IYZ Grade
C
Score 52 out of 100
- 6 of 10
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 100Rank 7 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 2 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 2 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 6 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 2 of 10
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
- 26
- 71%
- CSCO
Geography
- United States95.58%
- Luxembourg2.27%
- Bermuda2.15%
IYZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IYZ$13,198
Returns run to the Oct 12, 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 | +24.7% |
| 1 month | −3.0% |
| 3 months | −0.7% |
| 1 year | +32.0% |
| 3 years | +28.5% |
| 5 years | +8.0% |
| 10 years | +5.3% |
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 | +24.7% | |
| 2025 | +29.3% | |
| 2024 | +20.5% | |
| 2023 | +3.9% | |
| 2022 | −30.3% | |
| 2021 | +11.7% | |
| 2020 | +4.1% |
IYZ in the news
IYZ Dividends
- 1.61%
- $0.67
- $0.18 per share
- Quarterly
Distribution history
IYZ Risk
- 15.1%
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.
- 1.38
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
0.37%
IYZ0.37%
- The middle half of Communication Services (Broad) funds
- Median 0.35%
5 of the 9 Communication Services (Broad) funds charge less.
Other funds in Communication Services (Broad)
- BVOXPVox Populi ETFExpense ratio 0.30%1 year return —
- CXTLState Street SPDR S&P Telecom ETFExpense ratio 0.35%1 year return +40.2%
- CIXPiShares Global Comm Services ETFExpense ratio 0.37%1 year return +2.2%
- DRSPCInvesco S&P 500 Equal Weight Communication Services ETFExpense ratio 0.40%1 year return −9.2%
- FFDCFFidelity Disruptive Communications ETFExpense ratio 0.50%1 year return +10.3%