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IShares Energy Storage & Materials ETF

IBAT·NASDAQ
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Key Stats

Assets Under Management
41.63MUSD
Fund Flow (1Y)
26.51MUSD
Dividend Yield
0.32%
Discount / Premium to NAV
0.08%
Shares Outstanding
1.10M
Expense Ratio
0.47%

About IShares Energy Storage & Materials ETF

Issuer
BlackRock Fund Advisors
Brand
iShares
Inception Date
Mar 19, 2024
Structure
Open-Ended Fund
Index Tracked
STOXX Global Energy Storage and Materials 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
IBAT is passively managed to hold a portfolio of US and non-US companies related to energy storage solutions. The index selects companies relevant to the theme, such as those involved in hydrogen, fuel cells, and batteries, by assessing revenue and patent exposure. For revenue exposure, the index uses granular data to break down revenue sources of eligible companies and identify those most exposed to the theme. For patent-based exposure, specialized metrics is used to screen for companies with high-quality patents and patent specialization linked to the theme. The selection process divides companies into tiers, depending on their revenue and/ or patent exposure. The index applies exclusionary ESG screens to filter out companies that are non-compliant with global standards, involved with controversial business activities, and have severe controversy ratings. The resulting portfolio is price-weighted with weighting factors based on market capitalization, subject to tier group, company, and concentration capping. The index reconstitutes annually and rebalances quarterly.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Mobility
Strategy
Multi-factor
Geography
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Weighting Scheme
Price
Selection Criteria
Fundamental

Analysis

Sector

Industrials

50.37%

Basic Materials

33.44%

Technology

12.46%

Consumer Cyclical

3.43%

Utilities

0.31%

Asset

Holdings

Symbol

Ratio

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BE

Bloom Energy
6.95%
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SAMSUNG SDI LTD

6.94%
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FURUKAWA ELECTRIC LTD

6.20%
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BASF N

6.11%
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LAIR LIQUIDE SOCIETE ANONYME POUR

6.08%

Symbol

Ratio

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MURATA MANUFACTURING LTD

6.03%
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APD

Air Products and Chemicals
5.70%
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300750.SZ

4.80%
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LG ENERGY SOLUTION LTD

4.46%
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ASAHI KASEI CORP

4.21%

Top 10 Weight 57.48%

77 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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