Key Highlights

  • The fund tracks U.S. financial companies, including banks, insurers and Credit card firms.
  • Berkshire Hathaway and JPMorgan Chase together account for about 23 percent of market value.
  • The fund holds 143 companies, with a 0.37 percent expense ratio.
  • Net Assets were about $4.0 billion on November 11, 2026.

The iShares U.S. Financials ETF (NYSEARCA:IYF) closed at $135.78 on November 11, 2026, with net assets of about $4.0 billion. The fund seeks to track an index composed of U.S. equities in the financials sector, covering banks, insurers and credit card companies. Its structure gives investors a view of how the core financial institutions of the American economy are weighted within a single portfolio.

Ticker and exchange

IYF, NYSE Arca

Benchmark index

Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index

Net asset value

$135.82 (Nov 11, 2026)

Daily NAV change

Up $0.74 (0.55%)

Net assets

$3,959,022,007

Number of holdings

143

Expense ratio

0.37%

30-day SEC yield

1.36%

Distribution frequency

Quarterly

Fund inception

May 22, 2000

Index Design

The index behind IYF is built from large U.S. financial companies and applies capping rules to limit the weight of the largest names. Those rules keep the portfolio from being dominated by a single company, though the biggest institutions still carry significant influence.

The 143 holdings span traditional commercial banks, insurance carriers, brokerage firms and card networks. That range means the fund reacts both to lending conditions and to the wider Capital Markets environment.

Largest Positions

Berkshire Hathaway Class B holds about 12.91 percent of market value, followed by JPMorgan Chase at 10.86 percent. Wells Fargo accounts for roughly 3.71 percent, Bank of America for 3.63 percent and Goldman Sachs for 3.54 percent. Morgan Stanley, Citigroup, BlackRock and Charles Schwab also appear among the top ten.

The top two positions make up nearly a quarter of the fund, a level of concentration that shapes how the fund responds to news about those two companies.

Trading and Distribution Details

About 143,828 shares traded on November 11, 2026, compared with a 30-day Average Daily Volume of roughly 272,441 shares. The 30-day median bid-ask spread was 0.03 percent, and the fund had 29.15 million shares outstanding.

The fund pays distributions quarterly, with the September 2026 payment totaling $0.417899 per share. The 30-day SEC Yield was 1.36 percent and the 12-month trailing yield was 1.49 percent, both calculated at the end of October 2026.

Final Word

IYF offers a broad route into U.S. banks, insurers and card companies, with 143 holdings and a relatively concentrated set of large positions. Its 0.37 percent expense ratio and quarterly distributions outline the main cost and income terms. Future results will depend on Interest Rate settings, credit conditions and the capital markets activity of the firms the fund holds.