◆ NeutralIYGAMJBJPMJPMpCJPMpDJPMpJ
Should You Invest in the iShares U.S. Financial Services ETF (IYG)?
Zacks Investment Research·
The iShares U.S. Financial Services ETF (IYG) is a passively managed fund tracking the Dow Jones U.S. Financial Services Index with $2.23 billion in assets. It offers broad exposure to the financials sector with a 0.38% expense ratio and 1.01% dividend yield. The fund has gained 6.56% year-to-date and 10.3% over 12 months, with a beta of 0.96 and high volatility (17.3% standard deviation). Top holdings include JPMorgan Chase (13.15%), Berkshire Hathaway, and Visa. IYG holds a Zacks ETF Rank of 2 (Buy).
Read Full Article at Zacks Investment Research →