◆ NeutralIYGAMJBJPMJPMpCJPMpDJPMpJ

Should You Invest in the iShares U.S. Financial Services ETF (IYG)?

Zacks Investment Research·
Should You Invest in the iShares U.S. Financial Services ETF (IYG)?

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
← Back to Financial Intelligence