- ISIN
- US4642877132
- CUSIP
- 464287713
- Issuer
- iShares
- Inception Date
- May 22, 2000
- Region
- North America (U.S.)
- Category
- Communications Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dow Jones U.S. Select Telecommunications Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $1B
Share Price Chart
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Performance
IYZ Performance Chart
iShares U.S. Telecommunications ETF (IYZ) is up 24.4% since the beginning of the year. IYZ is currently trading at $42 per share. Investors who bought $1,000 worth of IYZ shares 5 years ago would now be looking at an investment worth $1,410.
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Returns By Period
iShares U.S. Telecommunications ETF (IYZ) has returned 24.39% so far this year and 51.48% over the past 12 months. Over the last ten years, IYZ has returned 5.30% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares U.S. Telecommunications ETF
- 1D
- 0.62%
- 1M
- -6.02%
- YTD
- 24.39%
- 6M
- 23.91%
- 1Y
- 51.48%
- 3Y*
- 28.45%
- 5Y*
- 7.11%
- 10Y*
- 5.30%
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%
IYZ Monthly Returns History
Based on dividend-adjusted daily data since May 26, 2000, IYZ's average daily return is +0.02%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.
Historically, 55% of months were positive and 45% were negative. The best month was Oct 2002 with a return of +31.6%, while the worst month was Oct 2008 at -20.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.
On a daily basis, IYZ closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +14.1%, while the worst single day was Oct 15, 2008 at -10.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.75% | 10.88% | -0.71% | 7.35% | 5.66% | -5.81% | 24.39% | ||||||
| 2025 | 2.35% | 3.42% | -2.95% | -1.61% | 3.93% | 6.78% | 0.24% | 5.76% | 2.85% | 2.26% | -0.67% | 4.05% | 29.28% |
| 2024 | 3.21% | -6.51% | 0.76% | -6.32% | 5.37% | 0.77% | 6.17% | 2.21% | 7.68% | 1.27% | 8.44% | -2.87% | 20.53% |
| 2023 | 8.43% | -5.92% | 1.98% | -2.68% | -4.92% | 3.73% | 1.45% | 1.96% | -6.36% | -2.82% | 4.59% | 5.70% | 3.90% |
| 2022 | -6.02% | -2.72% | -0.14% | -13.08% | 5.20% | -7.53% | 1.63% | -3.09% | -15.26% | 10.30% | 3.21% | -4.96% | -30.29% |
| 2021 | 1.89% | -0.52% | 6.38% | 1.61% | 0.91% | 0.81% | 1.84% | 1.98% | -5.12% | -2.00% | -3.40% | 7.43% | 11.69% |
Benchmark Metrics
iShares U.S. Telecommunications ETF has an annualized alpha of -3.72%, beta of 0.92, and R2 of 0.63 versus S&P 500 Index. Calculated based on daily prices since May 26, 2000.
- This ETF participated in 109.01% of S&P 500 Index downside but only 85.07% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -3.72% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.92 and R2 of 0.63, 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
- -3.72%
- Beta
- 0.92
- R²
- 0.63
- Upside Capture
- 85.07%
- Downside Capture
- 109.01%
Expense Ratio
IYZ has an expense ratio of 0.42%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IYZ ranks 88 for risk / return — in the top 88% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares U.S. Telecommunications ETF (IYZ) 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.
| IYZ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.37 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.66 | 2.78 | +2.87 |
| Martin ratioReturn relative to average drawdown | 21.21 | 12.44 | +8.77 |
Dividends
Dividend History
iShares U.S. Telecommunications ETF provided a 1.68% dividend yield over the last twelve months, with an annual payout of $0.70 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.69 | $0.52 | $0.52 | $0.57 | $0.83 | $0.79 | $0.70 | $0.57 | $1.04 | $0.78 | $0.57 |
Dividend yield | 1.68% | 2.04% | 1.94% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. Telecommunications 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 | $0.15 | $0.00 | $0.00 | $0.15 | $0.30 | ||||||
| 2025 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.69 |
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.52 |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.17 | $0.57 |
| 2021 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.09 | $0.83 |
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 U.S. Telecommunications 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 U.S. Telecommunications ETF was 77.11%, occurring on Sep 30, 2002. Recovery took 5837 trading sessions.
The current iShares U.S. Telecommunications ETF drawdown is 8.58%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -77.11%Sep 2002 | 2y 3mo | 23y 2mo | 25y 5moJun 2000 - Dec 2025 |
2026 pullback2026 | -9.15%Jun 2026 | 15d | — | 20d 22hJun 2026 - now |
2026 pullback2026 | -5.64%Apr 2026 | 4d | 16d | 20dApr 2026 - May 2026 |
2026 pullback2026 | -5.44%Mar 2026 | 4d | 9d | 13dMar 2026 - Apr 2026 |
2026 pullback2026 | -4.29%Mar 2026 | 7d | 12d | 19dMar 2026 - Mar 2026 |
Drawdown Indicators
| IYZ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -56.78% | -20.33% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -9.10% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -13.85% | -18.90% | +5.05% |
Max Drawdown (5Y)Largest decline over 5 years | -39.74% | -25.43% | -14.31% |
Max Drawdown (10Y)Largest decline over 10 years | -39.74% | -33.92% | -5.82% |
Current DrawdownCurrent decline from peak | -8.58% | -1.80% | -6.78% |
Average DrawdownAverage peak-to-trough decline | -40.07% | -10.71% | -29.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.03% | +0.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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