iShares U.S. Manufacturing ETF
$34.45−0.38 (−1.08%)
- 0.40%
- $58M
- +23.4%
- 0.65%
- 0M sh
- $35.08
- low $28.53high $39.68
The ETF.net MADE Grade
B
Score 67 out of 100
- 2 of 8
Score 67 of 100 falls in the B 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.A80 out of 100Rank 2 of 8Mission
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.C50 out of 100Rank 4 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 4 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 2 of 8Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 3 of 8
Our read on MADE
BThe 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
- 116
- 37%
- APH
Geography
- United States84.32%
- Ireland13.56%
- United Kingdom1.20%
- Cayman Islands0.83%
- Israel0.09%
MADE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
MADE$12,338
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 | MADE |
|---|---|
| Year to date | +12.1% |
| 1 month | −2.6% |
| 3 months | −7.3% |
| 1 year | +23.4% |
| 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 | +12.1% | |
| 2025 | +27.3% | |
| 2024 | +2.3% |
MADE in the news
MADE Dividends
- 0.65%
- $0.22
- $0.07 per share
- Quarterly
Distribution history
MADE Risk
- 19.0%
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.
- 0.81
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.
- 1.17
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.
Other funds in Reshoring & Supply Chain
- AIETCiShares U.S. Tech Independence Focused ETFExpense ratio 0.18%1 year return +15.4%
- BDRESGMO Domestic Resilience ETFExpense ratio 0.50%1 year return +16.8%
- CDGLOFirst Trust Exchange-Traded Fund VI - First Trust RBA Deglobalization ETFExpense ratio 0.70%1 year return +16.8%
- CSUPLProShares - Supply Chain Logistics ETFExpense ratio 0.58%1 year return +25.2%
- DWELDTema U.S. Manufacturing & Reshoring ETFExpense ratio 0.75%1 year return +28.2%