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MADE

iShares U.S. Manufacturing ETF·ARCA
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Key Stats

Assets Under Management
38.27MUSD
Fund Flows (1Y)
15.84MUSD
Dividend Yield
0.78%
Discount/Premium to NAV
0.04%
Shares Outstanding
1.08M
Expense Ratio
0.40%

About iShares U.S. Manufacturing ETF

Issuer
BlackRock Fund Advisors
Brand
iShares
Inception Date
Jul 17, 2024
Structure
Open-Ended Fund
Index Tracked
S&P U.S. Manufacturing Select Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
MADE tracks an index of US companies that are involved in manufacturing and manufacturing-related industries. The fund selects stocks classified by FactSet RBICS as sectors under the Industrial Manufacturers and Consumer Vehicles & Parts (L2). The fund also considers stocks from various sub-sets under the broad Electronic Components & Manufacturing sector, including those related to air, liquid and gas control, factory automation, industrial and support, natural resource and construction, etc. Securities must derive US revenues of at least 50% for L2 or 25% for L4 subsector stocks. The portfolio is market cap-weighted, which is optimized with set limits of 4% per security and 15% for L4 companies. The fund may also engage in securities lending. The index is rebalanced quarterly and reconstituted annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Broad-based
Strategy
Vanilla
Geography
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Weighting Scheme
Tiered
Selection Criteria
Market cap

Analysis

Sector

Industrials

74.23%

Technology

17.41%

Consumer Cyclical

8.36%

Asset

Holdings

Symbol

Ratio

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HON

Honeywell
4.53%
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DE

Deere
4.49%
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CAT

Caterpillar
4.10%
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GM

general motors
3.76%
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ETN

Eaton
3.74%
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PH

Parker-Hannifin
3.66%

Symbol

Ratio

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CMI

Cummins
3.62%
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RTX

RTX
3.59%
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APH

Amphenol
3.43%
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PCAR

Paccar
3.24%

Top 10 Weight 38.16%

10 Total Holdings

See all holdings

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