Highlights

  • IYZ seeks exposure to US telecommunications equities including communications services and related businesses.
  • The fund reports NAV of USD 37.53 as of 2 November 2026.
  • IYZ lists an expense ratio of 0.37% and distributes quarterly.

iShares U.S. Telecommunications ETF (Cboe BZX:IYZ) seeks to track US telecommunications equities including communications services and related businesses. Its NAV stood at USD 37.53 as of 2 November 2026. Net Assets totalled USD 739,366,890 as of 2 November 2026.

Telecommunications Through a Capped Sector Benchmark

IYZ tracks the Russell 1000 Telecommunications RIC 22.5/45 Capped Index. The benchmark is a capped telecommunications subset of a large- and mid-cap US Equity universe. Its issuer-weight constraints shape the index’s allocation.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

IYZ reported 22 holdings as of 30 October 2026. Its allocation by Market Value included Communications Equip. at 52.28%, Integrated Telecommunication Services at 19.28% and Alternative Carriers at 13.51% as of 30 October 2026.

The fact sheet dated 30 September 2026 identified holdings including Cisco Systems Inc. at 22.67%, Arista Networks at 11.98% and Verizon Communications Inc. at 10.79%. These position weights refer to that reporting date and can change as the portfolio and market values evolve.

The same fact sheet reported a P/E ratio of 16.56x and a P/B ratio of 3.27x. These valuation measures complement the holdings information with Earnings and book-value characteristics associated with the equity portfolio.

Fees and Distribution Policy

The published expense ratio is 0.37%. Distributions are scheduled quarterly.

The 30-day SEC Yield was 1.34% as of 30 September 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Competition, technological change, regulation and Capital requirements can affect communications companies. The portfolio therefore retains industry and issuer risks despite holding a collection of businesses within the sector.