ATLASiShares U.S. Telecommunications ETF (IYZ): outlook, holdings and fees
iShares U.S. Telecommunications ETF (IYZ) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.40% and the yield is 1.58%. The ten largest holdings are 72% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on IYZ
| Last price | $37.95 (-1.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $36.60 – $39.62 |
| Normal 1-day range (±1σ) | ±1.4% |
| Distribution yield | 1.58% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
IYZ fund facts
| Issuer | iShares |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $1.0B |
| Expense ratio | 0.40% |
| Number of holdings | 22 |
| Portfolio turnover | 23% |
| Inception | May 22, 2000 |
| Exchange | CBOE |
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of the telecommunications sector of the U.S. equity market, as defined by FTSE Russell. The fund is non-diversified.
IYZ top holdings
| Holding | Sector | Weight |
|---|---|---|
| Cisco Systems Inc CSCO | Technology | 25.19% |
| Arista Networks ANET | Technology | 12.49% |
| Verizon Communications Inc VZ | Communication Services | 9.16% |
| Ciena Corp CIEN | Technology | 4.07% |
| Space Exploration Technologies Corp. Class A Common Stock SPCX | Industrials | 3.90% |
| AT&T Inc. T | Communication Services | 3.83% |
| Lumentum Holdings Inc LITE | Technology | 3.88% |
| Motorola Solutions Inc MSI | Technology | 3.20% |
| Ubiquiti Networks Inc UI | Technology | 3.30% |
| Viavi Solutions Inc VIAV | Technology | 2.97% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
IYZ sector breakdown
| Sector | Weight |
|---|---|
| Technology | 60.0% |
| Communication Services | 36.1% |
| Industrials | 3.9% |
By region: North America 95.3%, Latin America 2.5%, Europe Developed 2.2%.
IYZ returns and risk
| Year to date | +25.7% |
|---|---|
| 1 year | +33.3% |
| 3 years (annualised) | +29.6% |
| 5 years (annualised) | +8.1% |
| 10 years (annualised) | +5.2% |
| Volatility (3 years) | 14.8% |
| Sharpe ratio (3 years) | 1.41 |
Past returns do not guarantee future results.
IYZ: frequently asked questions
What does IYZ invest in?
iShares U.S. Telecommunications ETF invests in a portfolio of securities. Its largest holdings are Cisco Systems Inc (25.2%), Arista Networks (12.5%), Verizon Communications Inc (9.2%), Ciena Corp (4.1%), Space Exploration Technologies Corp. Class A Common Stock (3.9%).
What is the IYZ expense ratio?
0.40% a year: about $40.00 for every $10,000 invested.
What is the IYZ dividend yield?
1.58%. ATLAS does not hold the exact distribution dates for ETFs.
Will IYZ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $36.60 to $39.62 from $37.95 today. It is a probability, not a prediction.
How has IYZ performed?
Year to date +25.7%, one year +33.3%, three years +29.6% a year, five years +8.1% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
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- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
Educational information, not investment advice. Disclaimer