MADE
iShares U.S. Manufacturing ETF·ARCA
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Key Stats
Assets Under Management
48.21MUSD
Fund Flow (1Y)
27.05MUSD
Dividend Yield
0.80%
Discount / Premium to NAV
0.02%
Shares Outstanding
1.40M
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
75.42%
Technology
16.90%
Consumer Cyclical
7.68%
Industrials
75.42%
Technology
16.90%
Consumer Cyclical
7.68%
Asset
Holdings
Symbol
Ratio
DE
Deere
4.69%
HON
Honeywell
4.56%
CAT
Caterpillar
4.12%
VRT
Vertiv Holdings
4.08%
RTX
RTX
3.85%
Symbol
Ratio
ETN
Eaton
3.67%
CMI
Cummins
3.61%
APH
Amphenol
3.54%
PH
Parker-Hannifin
3.50%
GM
general motors
3.40%
Top 10 Weight 39.02%
115 Total Holding
See all holdings
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