Key Highlights

  • NAV fell 1.05% to USD 28.25 on 29 October 2026.
  • Net Assets totalled USD 25,423,830, with 900,000 shares outstanding.
  • The fund follows an index based Investment approach.
  • The SEC Yield was 3.20% as of 30 September 2026.

iShares Strategic Metals ETF (NASDAQ:ISTM) provides exposure to metals associated with artificial intelligence infrastructure, manufacturing, energy and national security. On 29 October 2026, its net asset value fell by USD 0.30, or 1.05%, to USD 28.25. Net assets amounted to USD 25,423,830 on the same date, with 900,000 shares outstanding.

Industrial Applications Define the Metals Theme

The index tracking objective addresses metals linked to several stated structural themes. These include artificial intelligence infrastructure, manufacturing, energy production and distribution, and national security. The fund is classified as a Commodity investment. Its mandate identifies the areas connected to the exposure without specifying individual metal weights or attributing the daily NAV movement to any one industrial application.

Portfolio Size and Listed Price

ISTM closed at USD 28.68 on 28 October 2026 on NASDAQ. The closing price and NAV are separately reported measures: the former records the exchange price, while the latter represents net assets per share. The fund asset classification is commodity, and it uses an index tracking investment style. The fund commenced on 26 September 2023. The NAV figure and outstanding share count both relate to the same reporting date.

Income and Distribution Structure

The distribution schedule is annual. The 30 day SEC yield stood at 3.20% as of 30 September 2026. This income measure is distinct from the change in NAV during a trading session. The expense ratio is 0.49%. The net expense ratio is 0.47%, separately presented from the expense ratio before applicable reductions. The scheduled payment frequency describes the distribution arrangement, separately from the current SEC yield and the daily movement in net asset value. The unsubsidized 30 day SEC yield was 3.18% as of 30 September 2026, compared with the reported SEC yield of 3.20%. Both figures concern income rather than the movement in the fund share price.

Fund Position

ISTM combines its stated index based mandate with annual distributions and an expense ratio of 0.49%. Its October figures identify the portfolio size, share count and latest dated NAV, while the income data describe a separate aspect of the fund structure. The distribution timetable is separate from the portfolio selection process. The reported asset figure describes the fund as a whole. The share count records the number of fund shares outstanding. The expense ratio describes the fund cost structure. NAV is expressed on a per share basis.