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Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

iShares U.S. Consumer Focused ETF

IEDI | Active ETF

$51.43

$59.6 M

1.07%

$0.55

0.18%

Vitals

YTD Return

17.3%

1 yr return

31.9%

3 Yr Avg Return

4.2%

5 Yr Avg Return

12.9%

Net Assets

$59.6 M

Holdings in Top 10

55.4%

52 WEEK LOW AND HIGH

$51.1
$39.25
$52.74

Expenses

OPERATING FEES

Expense Ratio 0.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 4.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

iShares U.S. Consumer Focused ETF

IEDI | Active ETF

$51.43

$59.6 M

1.07%

$0.55

0.18%

IEDI - Profile

Distributions

  • YTD Total Return 17.3%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 12.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.86%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    iShares U.S. Consumer Focused ETF
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Mar 21, 2018
  • Shares Outstanding
    450000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeff Shen

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization consumer discretionary spending companies, as defined by a proprietary classification system “Consumer Discretionary Spending Evolved Sector”), while targeting increased exposure to U.S. companies with a greater proportion of consumer spending revenues and consumer goods and service production in the U.S. relative to the Consumer Discretionary Spending Evolved Sector. The Consumer Discretionary Spending Evolved Sector classification process, which uses data analysis tools consisting, in part, of machine learning, natural language processing (“NLP”) and clustering algorithms to allocate companies to one or more sectors according to a proprietary classification system, is forward looking and evolves as companies evolve.
The eligible universe of securities that are part of the classification process includes U.S. listed common stock of large-, mid- and small-capitalization companies. Based on data and information in the company’s public filings (e.g., regulatory filings, etc.), a company is classified in one or more of the twelve defined sectors (each an “Evolved Sector”). Currently these public filings consist of several years of a company’s 10-Ks and S-1s (if no 10-Ks are available). The Fund's allocation rules additionally utilize proprietary data to target increased exposure to U.S. listed companies with a greater proportion of consumer spending revenues and consumer goods and services production in the U.S. relative to the Consumer Discretionary Spending Evolved Sector (“US Consumer Score”). While the Fund is actively managed, the Fund generally allocates its investments to securities of its Evolved Sectors on a market capitalization basis (based on the available free floating capitalization) while modifying allocations to companies based on their US Consumer Score. The Evolved Sector classification system allows for a company to be classified into multiple sectors rather than being assigned solely to a single sector. For the Evolved Sectors, the market capitalization of a single company will be allocated proportionally based on the one or more Evolved Sectors in which the company is classified. This reflects the multi-dimensional nature of these companies. Evolved Sector constituents are expected to evolve dynamically over time to reflect changing business models. BFA may exercise discretion in managing the classification process in limited instances. For example, a company may be excluded (or its
inclusion limited) from an Evolved Sector, in part or whole, most commonly in response to position limit restrictions, limited liquidity of a particular security or the fit of a particular company in the Fund. This is different from traditional classification systems that typically will assign a company only to one sector and tend to group companies together on the basis of backward looking metrics like revenue. The Fund will not provide the same returns as a fund that tracks the consumer discretionary sector as traditionally defined by other classification systems and as a result may not be appropriate for an investor seeking the same exposure as the consumer discretionary sector as defined by such classification systems.
As of July 31, 2023, there were twelve Evolved Sectors: Consumer Staples, Discretionary Spending, Energy, Financials, Healthcare Staples, Industrials, Innovative Healthcare, Media and Entertainment, Real Estate, Technology, Telecommunications and Utilities. Sector classifications are reviewed on a quarterly basis and may evolve over time.
The Fund will hold common stock of those companies that fall into the Consumer Discretionary Spending Evolved Sector, while targeting increased exposure to companies with higher US Consumer Scores relative to the Consumer Discretionary Spending Evolved Sector. Companies in the Consumer Discretionary Spending Evolved Sector have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The Fund may also invest in other securities, including but not limited to, cash and cash
equivalents, including shares of money market funds advised by BFA or its affiliates. The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index and may have a higher degree of portfolio turnover than such index funds.
The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).
Industry Concentration Policy. The Fund will concentrate its investments i.e., hold 25% or more of its total assets) in an industry or group of industries that constitute the discretionary spending sector. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Industry concentration designations are based on output of the classification methodology referenced above.
Read More

IEDI - Performance

Return Ranking - Trailing

Period IEDI Return Category Return Low Category Return High Rank in Category (%)
YTD 17.3% -1.0% 25.0% 19.05%
1 Yr 31.9% 7.6% 53.2% 23.81%
3 Yr 4.2%* -18.0% 17.7% 14.63%
5 Yr 12.9%* 3.3% 22.2% 28.21%
10 Yr N/A* 2.5% 17.8% 80.95%

* Annualized

Return Ranking - Calendar

Period IEDI Return Category Return Low Category Return High Rank in Category (%)
2023 22.8% 9.6% 67.9% 59.52%
2022 -25.6% -55.7% -13.2% 14.29%
2021 20.3% -25.2% 48.8% 34.15%
2020 28.4% -11.3% 122.6% 61.54%
2019 28.3% 7.7% 47.9% 21.05%

Total Return Ranking - Trailing

Period IEDI Return Category Return Low Category Return High Rank in Category (%)
YTD 17.3% -1.0% 25.0% 19.05%
1 Yr 31.9% 7.6% 53.2% 23.81%
3 Yr 4.2%* -18.0% 17.7% 14.63%
5 Yr 12.9%* 3.3% 22.2% 28.21%
10 Yr N/A* 2.5% 17.8% N/A

* Annualized

Total Return Ranking - Calendar

Period IEDI Return Category Return Low Category Return High Rank in Category (%)
2023 24.3% 11.5% 68.9% 59.52%
2022 -23.2% -55.7% -12.8% 14.29%
2021 21.2% -25.2% 57.6% 36.59%
2020 29.8% -10.3% 123.8% 61.54%
2019 30.4% 11.4% 48.7% 15.79%

IEDI - Holdings

Concentration Analysis

IEDI Category Low Category High IEDI % Rank
Net Assets 59.6 M 8.65 M 20.1 B 71.43%
Number of Holdings 203 25 305 9.52%
Net Assets in Top 10 12.2 M 2.16 M 13.5 B 78.57%
Weighting of Top 10 55.44% 15.6% 75.4% 54.76%

Top 10 Holdings

  1. Home Depot, Inc. (The) 12.12%
  2. Costco Wholesale Corp. 8.49%
  3. Amazon.com, Inc. 8.29%
  4. Walmart, Inc. 6.96%
  5. Lowe's Cos., Inc. 4.16%
  6. TJX Cos., Inc. (The) 4.14%
  7. Chipotle Mexican Grill, Inc. 3.37%
  8. BlackRock Cash Funds: Institutional, SL Agency Shares 3.24%
  9. O'Reilly Automotive, Inc. 2.52%
  10. Target Corp. 2.14%

Asset Allocation

Weighting Return Low Return High IEDI % Rank
Stocks 		99.69% 97.65% 108.16% 66.67%
Cash 		3.51% 0.00% 31.50% 23.81%
Preferred Stocks 		0.00% 0.00% 0.84% 38.10%
Other 		0.00% 0.00% 4.99% 54.76%
Convertible Bonds 		0.00% 0.00% 0.04% 33.33%
Bonds 		0.00% 0.00% 0.00% 33.33%

Stock Sector Breakdown

Weighting Return Low Return High IEDI % Rank
Consumer Cyclical 		66.37% 3.24% 96.69% 71.43%
Consumer Defense 		25.53% 0.00% 29.70% 4.76%
Industrials 		2.30% 0.00% 42.91% 21.43%
Technology 		1.79% 0.00% 56.29% 26.19%
Communication Services 		1.11% 0.00% 77.13% 57.14%
Financial Services 		1.02% 0.00% 4.68% 9.52%
Energy 		1.00% 0.00% 1.00% 2.38%
Healthcare 		0.56% 0.00% 13.27% 30.95%
Real Estate 		0.27% 0.00% 17.67% 16.67%
Basic Materials 		0.04% 0.00% 7.13% 11.90%
Utilities 		0.00% 0.00% 6.10% 33.33%

Stock Geographic Breakdown

Weighting Return Low Return High IEDI % Rank
US 		99.69% 28.98% 108.16% 35.71%
Non US 		0.00% 0.00% 70.76% 59.52%

IEDI - Expenses

Operational Fees

IEDI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.18% 0.08% 2.43% 90.48%
Management Fee 0.18% 0.03% 0.85% 11.90%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.25% 0.25% N/A

Sales Fees

IEDI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

IEDI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IEDI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 4.00% 4.00% 214.00% 2.78%

IEDI - Distributions

Dividend Yield Analysis

IEDI Category Low Category High IEDI % Rank
Dividend Yield 1.07% 0.00% 6.92% 21.43%

Dividend Distribution Analysis

IEDI Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Annual

Net Income Ratio Analysis

IEDI Category Low Category High IEDI % Rank
Net Income Ratio 0.86% -1.54% 1.17% 9.76%

Capital Gain Distribution Analysis

IEDI Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

IEDI - Fund Manager Analysis

Managers

Jeff Shen

Start Date

Tenure

Tenure Rank

Mar 21, 2018

4.2

4.2%

Jeff Shen, PhD, Managing Director, is Co-CIO of Active Equity and Co-Head of Systematic Active Equity (SAE) at BlackRock. He is responsible for Asia Pacific and Emerging Market Active Equity Strategies. He is BlackRock's Head of Emerging Market and a member of the Global Operating Committee. Dr. Shen's service with BlackRock dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was the Head of Investment for Asia Pacific and Emerging Market active equities. Prior to joining BGI, he began his career in 1997 with JP Morgan where he held numerous positions in global macro investment and asset allocation research in both New York and London. Dr. Shen earned a BA degree in Economics from Hobart College, a MA degree in Economics from University of Massachusetts at Amherst, and a PhD degree in Finance from New York University. Dr. Shen is an adjunct professor at NYU teaching a MBA class on international investment. He also serves on the advisory board of Clausen Center at UC Berkeley.

Travis Cooke

Start Date

Tenure

Tenure Rank

Mar 21, 2018

4.2

4.2%

Travis Cooke, CFA, Managing Director, is Head of the US portfolio management group within BlackRock's Scientific Active Equity (SAE) team. He is responsible for the management of the US long-only, partial long-short, and long-short equity strategies within SAE.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.31 24.18 12.19 14.22

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