Key Highlights

  • The fund holds 97 U.S. companies across banks, payment networks, asset managers and exchanges.
  • Berkshire Hathaway, JPMorgan Chase, Visa and Mastercard make up about 45% of the portfolio.
  • The expense ratio is 0.37%, and net Assets stood at about US$2.25 billion.
  • The fund pays distributions quarterly, with a 30-day SEC Yield of 1.15%.

The iShares U.S. Financial Services ETF (NYSE:IYG) follows an index of U.S. financial services companies, including Investment banks, asset managers, payment networks and exchanges. The fund closed at $95.20 on 6 November 2026, with a net asset value of $95.21. It is one of the sector funds that gives a view of the U.S. financial industry.

Fund detail

Data (as stated on the fund page)

Exchange

NYSE Arca

Closing price (6 Nov 2026)

$95.20

Net asset value (6 Nov 2026)

$95.21

Net assets (6 Nov 2026)

$2,251.7 million

Expense ratio

0.37%

Number of holdings

97

Benchmark index

Dow Jones U.S. Financial Services Index

Fund inception

12 June 2000

Distribution frequency

Quarterly

30-day SEC yield (30 Sep 2026)

1.15%

Weighting of the largest holdings

Berkshire Hathaway holds 14.79% of Market Value and JPMorgan Chase 12.37%. Visa accounts for 10.02% and Mastercard for 7.34%. Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley and Citigroup follow with weights between 2.78% and 4.47%.

Payment networks account for a significant part of the top holdings, which means the portfolio's exposure is not limited to traditional lenders.

Costs and trading

The expense ratio is 0.37%, and the fund had 23.7 million shares outstanding on 6 November 2026. Daily Volume was about 130,000 shares, with a 30-day median bid-ask spread of 0.03%. The price-to-earnings ratio stood at 20.67 as of 5 November 2026.

Distributions and index

The fund pays distributions quarterly. Its 30-day SEC yield as of 30 September 2026 was 1.15%. It tracks the Dow Jones U.S. Financial Services Index, and the fund has been listed since 12 June 2000.

Final Word

IYG gives a sector-wide view of U.S. financial services, with a meaningful share of its weighting in a small number of large companies. Future disclosures will show how the largest positions change over time.