- ISIN
- US4642871929
- CUSIP
- 464287192
- Issuer
- iShares
- Inception Date
- Oct 10, 2003
- Region
- North America (U.S.)
- Category
- Transportation Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dow Jones Transportation Average Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $2B
Share Price Chart
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Performance
IYT Performance Chart
iShares Transportation Average ETF (IYT) is up 14.2% since the beginning of the year. IYT is currently trading at $85 per share. Investors who bought $1,000 worth of IYT shares 5 years ago would now be looking at an investment worth $1,378.
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Returns By Period
iShares Transportation Average ETF (IYT) has returned 14.16% so far this year and 31.37% over the past 12 months. Over the last ten years, IYT has returned 11.22% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares Transportation Average ETF
- 1D
- 0.79%
- 1M
- 4.05%
- YTD
- 14.16%
- 6M
- 12.21%
- 1Y
- 31.37%
- 3Y*
- 13.83%
- 5Y*
- 6.62%
- 10Y*
- 11.22%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IYT Monthly Returns History
Based on dividend-adjusted daily data since Oct 10, 2003, IYT's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +17.7%, while the worst month was Mar 2020 at -17.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, IYT closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +13.0%, while the worst single day was Mar 16, 2020 at -11.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.76% | 6.80% | -8.45% | 8.94% | 3.11% | 1.14% | 14.16% | ||||||
| 2025 | 3.83% | -0.43% | -8.05% | -5.00% | 7.50% | 5.09% | -0.79% | 4.87% | 0.86% | 0.89% | 0.87% | 2.30% | 11.48% |
| 2024 | -1.60% | 8.90% | 0.41% | -8.65% | -0.20% | 2.23% | 0.84% | 1.96% | 2.74% | 0.54% | 7.85% | -9.36% | 4.10% |
| 2023 | 8.73% | -0.49% | -1.03% | -2.39% | 0.36% | 12.26% | 6.92% | -6.49% | -6.03% | -6.81% | 12.26% | 7.66% | 24.62% |
| 2022 | -6.64% | 0.42% | 4.43% | -10.05% | -4.10% | -8.31% | 9.40% | -1.85% | -13.72% | 8.10% | 9.86% | -8.15% | -21.74% |
| 2021 | -3.36% | 10.28% | 9.91% | 4.83% | 1.94% | -5.44% | -3.60% | 0.98% | -3.68% | 11.34% | -3.98% | 6.54% | 26.41% |
Benchmark Metrics
iShares Transportation Average ETF has an annualized alpha of 1.33%, beta of 1.05, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since October 10, 2003.
- This ETF captured 112.67% of S&P 500 Index gains and 108.63% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.05 and R2 of 0.69, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.33%
- Beta
- 1.05
- R²
- 0.69
- Upside Capture
- 112.67%
- Downside Capture
- 108.63%
Expense Ratio
IYT has an expense ratio of 0.42%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IYT ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Transportation Average ETF (IYT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IYT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 2.78 | -0.18 |
| Martin ratioReturn relative to average drawdown | 8.46 | 12.44 | -3.98 |
Dividends
Dividend History
iShares Transportation Average ETF provided a 0.93% dividend yield over the last twelve months, with an annual payout of $0.78 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.75 | $0.73 | $0.83 | $0.75 | $0.53 | $0.51 | $0.63 | $0.56 | $0.44 | $0.39 | $0.43 |
Dividend yield | 0.93% | 1.00% | 1.08% | 1.26% | 1.40% | 0.77% | 0.93% | 1.29% | 1.35% | 0.92% | 0.96% | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Transportation Average ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.15 | $0.42 | ||||||
| 2025 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.15 | $0.75 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.16 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.21 | $0.83 |
| 2022 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.23 | $0.75 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.53 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Transportation Average ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Transportation Average ETF was 60.39%, occurring on Mar 9, 2009. Recovery took 468 trading sessions.
The current iShares Transportation Average ETF drawdown is 2.21%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.39%Mar 2009 | 9mo 6d | 1y 10mo | 2y 7moJun 2008 - Jan 2011 |
COVID crash2020 | -41.28%Mar 2020 | 1y 6mo | 5mo 13d | 1y 11moSep 2018 - Sep 2020 |
Bear market2022 | -29.15%Sep 2022 | 8mo 28d | 1y 4mo | 2y 1moJan 2022 - Feb 2024 |
2011 bear market2011 | -28.15%Oct 2011 | 2mo 27d | 1y 3mo | 1y 6moJul 2011 - Jan 2013 |
2016 bear market2016 | -27.27%Jan 2016 | 1y 21d | 10mo 8d | 1y 10moDec 2014 - Nov 2016 |
Drawdown Indicators
| IYT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.39% | -56.78% | -3.61% |
Max Drawdown (1Y)Largest decline over 1 year | -12.09% | -9.10% | -2.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.35% | -18.90% | -7.45% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -25.43% | -3.72% |
Max Drawdown (10Y)Largest decline over 10 years | -41.28% | -33.92% | -7.36% |
Current DrawdownCurrent decline from peak | -2.21% | -1.80% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -9.30% | -10.71% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 2.03% | +1.69% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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