iShares U.S. Manufacturing ETF
$35.50−0.03 (−0.09%)
History starts Jul 18, 2024.
- Expense ratio
- 0.40%
- Fund size
- $59M
- 1Y return
- +22.3%
- Yield · Last 12 months
- 0.63%
- Holdings
- 113
- Volume · 30D
- 0M sh
- NAV per share
- $35.39
- 52W range
The ETF.net MADE Grade
Score 70 of 100 sits in the A 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.AScore 80Category 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.CScore 52Category 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.AScore 77Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 61Category rank
Our read on MADE
AThe reshoring theme, done index-style: roughly 110 US companies that earn real revenue from making things, from factory floors to chipmaking gear, at 0.40% a year while the peer group's median fee is 0.75%.
The fund seeks to track an index of U.S. companies with substantial manufacturing-related revenue, including industrial manufacturing, automotive, electronics, and semiconductor-manufacturing equipment. It provides focused exposure to domestic manufacturing and possible reshoring trends.
Why people hold it
- Charges 0.40% a year against a 0.75% median for its reshoring peer group, where WELD and SUPP both sit at 0.75%.
- Spreads across about 110 US names through an S&P index covering industrial manufacturing, autos, electronics and semiconductor equipment.
- Rules-based index rather than a manager's hunch, quarterly distributions, and iShares plumbing behind it. One of the stronger builds in the reshoring group.
Worth knowing
- Launched in 2024, so the record is short and hasn't spanned a full industrial cycle.
- Trades lighter than the big broad-market funds, so spreads can run wider, especially near the open and close.
- Not the cheapest in the cohort: iShares' own IETC runs 0.18%, though it targets tech independence rather than broad manufacturing.
MADE Holdings
- Stocks
- 113
- 37%
- 0Y3K.L
Sectors
- Industrials70.5%
- Technology16.6%
- Consumer Discr.8.4%
- Materials3.0%
- Energy1.5%
Geography
- United States84.69%
- Ireland13.36%
- United Kingdom1.17%
- Cayman Islands0.68%
- Israel0.10%
MADE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MADE$12,232
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 | MADE |
|---|---|
| Year to date | +14.4% |
| 1 month | −2.4% |
| 3 months | −10.0% |
| 1 year | +22.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | MADE |
|---|---|---|
| 2026 YTD | +14.4% | |
| 2025 | +27.3% | |
| 2024 | +2.3% |
MADE in the news
MADE Dividends
- 0.63%
- $0.22
- $0.07 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.07 |
| Jun 15, 2026 | Jun 18, 2026 | $0.04 |
| Mar 17, 2026 | Mar 20, 2026 | $0.03 |
| Dec 16, 2025 | Dec 19, 2025 | $0.08 |
| Sep 16, 2025 | Sep 19, 2025 | $0.09 |
| Jun 16, 2025 | Jun 20, 2025 | $0.05 |
| Mar 18, 2025 | Mar 21, 2025 | $0.06 |
| Dec 17, 2024 | Dec 20, 2024 | $0.08 |
| Sep 25, 2024 | Sep 30, 2024 | $0.05 |
MADE Risk
- 19.2%
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.
- 0.90
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.
- −23.8%
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.
- 1.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MADE Cost
0.40%
MADE0.40%
- The middle half of Reshoring & Supply Chain funds
- Median 0.64%
1 of the 8 Reshoring & Supply Chain funds charge less.