
iShares U.S. Manufacturing ETF
$33.84+0.34 (+1.01%)
- 0.40%
- $54M
- +9.4%
- 0.67%
- 15K sh
- low $28.96high $39.68
The ETF.net MADE Grade
Score 65 out of 100
- 3 of 7
Score 65 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.A78 out of 100Rank 2 of 7Mission
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.C52 out of 100Rank 3 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C52 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 2 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 3 of 7
Our read on MADE
In short
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%.
Stated mandate
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
Worth knowing
MADE Holdings
- Stocks
- 114
- 37%
- DE
Sectors
- Capital Goods76.3%
- Tech Hardware & Equip14.6%
- Autos & Components7.1%
- Semiconductors & Semiconductor Equipment0.9%
- Commercial & Professional Services0.8%
- Consumer Durables0.2%
Geography
- United States96.08%
- China3.13%
- United Kingdom0.79%
MADE 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 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.
| Period | MADE |
|---|---|
| Year to date | +7.8% |
| 1 month | −3.4% |
| 3 months | −8.6% |
| 1 year | +9.4% |
| 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 | +7.8% | |
| 2025 | +27.3% | |
| 2024 | +2.3% |
MADE in the news
MADE Dividends
- 0.67%
- $0.22
- $0.07 per share
- Quarterly
Distribution history
$10,000 in MADE 1 year ago paid $72.93 in dividends.
MADE Risk
- 18.9%
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.
- 0.69
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.
FMP measures it over up to five years of monthly returns.
MADE Cost
Overpaying vs IETC, cheapest in Reshoring & Supply Chain
$4,341
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MADE 0.40%
$8,090
IETC 0.18% Cheapest
$3,749
Cost over time
Year by year
| Year | MADE | IETC | Overpaying |
|---|---|---|---|
| 10 | $723 | $328 | $395 |
| 20 | $2,793 | $1,281 | $1,512 |
| 30 | $8,090 | $3,749 | $4,341 |
Other funds in Reshoring & Supply Chain
- AIETCiShares U.S. Tech Independence Focused ETFExpense ratio 0.18%1 year return −4.3%
- BDRESGMO Domestic Resilience ETFExpense ratio 0.50%1 year return +21.1%
- CDGLOFirst Trust RBA Deglobalization ETFExpense ratio 0.70%1 year return +19.1%
- DWELDTema U.S. Manufacturing & Reshoring ETFExpense ratio 0.75%1 year return +13.3%
- DNRSHAztlan North America Nearshoring Stock Selection ETFExpense ratio 0.76%1 year return +18.3%




