iShares Morningstar Multi-Asset Income ETF

Vitals

Issuer Blackrock Financial Management

Brand iShares

Structure ETF

Expense Ratio 0.60%

ETF Home Page Home page

Inception Apr 05, 2012

Index Tracked Morningstar Multi-Asset High Income Index (TR)

Analyst Report

FA Report PDF

This ETF offers multi-asset class exposure to high yielding securities, delivering a diversified, balanced portfolio that is capable of paying a meaningful distribution yield. As such, IYLD can be used in a number of ways within a portfolio. Those focusing on the long-term may see an allocation to IYLD as a tool for enhancing current returns while also achieving exposure to asset classes that are often overlooked or underweighted in long-term portfolios. More active investors may see IYLD as a handy tactical tool for pulling back slightly on risk exposure in anticipation of declines in risky assets.

IYLD is an ETF-of-ETFs, which means that the underlying securities are other exchange-traded products. While there are a number of ETFs on the market that target these asset classes and seek to deliver high yields, IYLD is unique in that it includes exposure to stocks, bonds, and alternatives within a single ticker. So while it may appear that there are only 10 or so component holdings, IYLD actually offers access to thousands of individual securities.

One item worth noting is the expense ratio; the ETF-of-ETF structure results in multiple layers of fees, which can lead to some additional expenses for investors. Those looking to skimp on management fees could construct the IYLD portfolio on their own—though that would involve potentially significant commissions.

ETF Database Themes

Category Diversified Portfolio

Asset Class Multi-Asset

Asset Class Size Multi-Cap

Asset Class Style Blend

Region (General) Developed Markets

Region (Specific) Broad

FactSet Classifications

Segment	Asset Allocation: Global Target Outcome
Category	Asset Allocation
Focus	Target Outcome
Niche	Income
Strategy	Multi-factor
Weighting Scheme	Fixed

Trading Data

Open	-	Volume	-
Day Lo	-	Day Hi	-

Open
Volume
Day Lo
Day Hi
52 Week Lo $20.42
52 Week Hi $23.94

AUM $175.6 M
Shares 8.5 M

Historical Trading Data

1 Month Avg. Volume 29,204
3 Month Avg. Volume 30,006

Alternative ETFs in the ETF Database Diversified Portfolio Category

Type	Symbol	Expense Ratio	Assets	Avg. Daily Vol	YTD Return
Cheapest	AOR	0.15%	$1.9 B	286,185	-12.02%
Largest (AUM)	AOR	0.15%	$1.9 B	286,185	-12.02%
Most Liquid (Volume)	CLSA	0.69%	$132.3 M	739,416	-28.94%
Top YTD Performer	RAAX	0.74%	$115.5 M	85,535	8.67%

Alternative ETFs in the FactSet Asset Allocation: Global Target Outcome Segment

Type	Symbol	Expense Ratio	Assets	Avg. Daily Vol	YTD Return
Cheapest	MPAY	N/A	$0.0	N/A	N/A
Largest (AUM)	TDSC	0.69%	$748.1 M	175,961	-15.84%
Most Liquid (Volume)	TDSC	0.69%	$748.1 M	175,961	-15.84%
Top YTD Performer	DWAT	1.69%	$3.6 M	458	7.14%

Top 15 Holdings New

Symbol	Holding	% Assets
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	20.70%
PFF	iShares Preferred & Income Securities ETF	15.52%
MBB	iShares MBS ETF	12.74%
LEMB	iShares J.P. Morgan EM Local Currency Bond ETF	9.56%
TLH	iShares 10-20 Year Treasury Bond ETF	9.50%
DVYE	iShares Emerging Markets Dividend ETF	8.26%
TLT	iShares 20+ Year Treasury Bond ETF	7.65%
IDV	iShares International Select Dividend ETF	5.77%
REM	iShares Mortgage Real Estate ETF	5.20%
HDV	iShares Core High Dividend ETF	5.04%
N/A	MUTUAL FUND (OTHER)	0.05%
N/A	U.S. Dollar	0.01%
Export All Holdings to CSV with ETF Database Pro

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

	IYLD	ETF Database Category Average	FactSet Segment Average
Number of Holdings	12	54	37
% of Assets in Top 10	99.94%	76.55%	77.55%
% of Assets in Top 15	100.00%	82.28%	83.11%
% of Assets in Top 50	100.00%	94.75%	94.33%

Size Comparison

	IYLD	ETF Database Category Average	FactSet Segment Average
Large (>12.9B)	37.79%	14.03%	3.34%
Mid (>2.7B)	32.51%	3.78%	2.47%
Small (>600M)	25.33%	4.49%	4.11%
Micro (<600M)	4.23%	0.43%	1.39%

IYLD Valuation

This section compares the P/E ratio of this ETF to its peers.

IYLD

P/E Ratio

9.62

ETF Database Category Average

P/E Ratio

14.45

FactSet Segment Average

P/E Ratio

6.14

IYLD Dividend

This section compares the dividend yield of this ETF to its peers.

	IYLD	ETF Database Category Average	FactSet Segment Average
Dividend	$ 0.03	$ 0.13	$ 0.09
Dividend Date	2021-11-02	N/A	N/A
Annual Dividend Rate	$ 0.84	$ 0.48	$ 0.34
Annual Dividend Yield	3.49%	1.83%	1.40%

IYLD Price and Volume Charts

View charts featuring IYLD price and volume data.

IYLD Fund Flows Charts New

View charts featuring ETF fund flow data.

5 Day Net Flows: -1.03 M 1 Month Net Flows: -5.29 M 3 Month Net Flows: -13.07 M 6 Month Net Flows: -24.81 M 1 Year Net Flows: -38.08 M 3 Year Net Flows: -82.65 M 5 Year Net Flows: -65.41 M 10 Year Net Flows: 240.46 M

IYLD Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for IYLD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Diversified Portfolio with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Overall Rating

Compare | Category Report

Metric	Metric Realtime Rating	A+ Metric Rated ETF
Liquidity	A-	n/a
Expenses	A-	n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

Compare | Category Report

IYLD Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

IYLD

Expense Ratio

0.60%

ETF Database Category Average

Expense Ratio

0.83%

FactSet Segment Average

Expense Ratio

0.96%

Tax Analysis

Max ST Capital Gains Rate	39.60%
Max LT Capital Gains Rate	20.00%
Tax On Distributions	Ordinary income
Distributes K1	No

ESG Themes and Scores

5.29/10

ESG Score

27.1%

Global Percentile

13.79%

Peer Percentile

Environmental

Social

Governance

Environmental Scores
- Revenue Exposure to Environmental Impact (%)
  
  Higher is better, no ESG score impact
- Severe Environment Controversies (%)
  
  Lower improves ESG score
- Sustainable Impact Solutions (%)
  1.62%
  
  Higher is better, no ESG score impact
Carbon Intensity
- Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
  437.64
  
  Higher is worse, no ESG score impact
Fossil Fuel Reserves
- Fossil Fuel Reserves (%)
  
  Higher is worse, no ESG score impact
- High Impact Fossil Fuel Reserves (%)
  
  Higher is worse, no ESG score impact
Water Stress
- Water Stress High Risk Business Segment (%)
  
  Lower improves ESG score
- Water Stress High Risk Geography (%)
  
  Lower improves ESG score
- Water Stress Exposure Moderate (%)
  
  Lower improves ESG score
- Water Stress Exposure High (%)
  
  Lower improves ESG score
- Water Stress Exposure Low (%)
  
  Higher improves ESG score
Energy Efficiency
- Revenue Exposure to Energy Efficiency (%)
  
  Higher is better, no ESG score impact
Alternative Energy
- Revenue Exposure to Alternative Energy (%)
  
  Higher is better, no ESG score impact
Green Building
- Revenue Exposure to Green Building (%)
  
  Higher is better, no ESG score impact
Pollution Prevention
- Revenue Exposure to Pollution Prevention (%)
  
  Higher is better, no ESG score impact
Water Sustainability
- Revenue Exposure to Water Sustainability (%)
  
  Higher is better, no ESG score impact

Responsible Governance Score
- Severe Governance Controversies (%)
  
  Lower improves ESG score
Board Flag
- Board Flag (%)
  
  Lower improves ESG score
Board Independence
- Lack of Independent Board Majority (%)
  
  Lower improves ESG score
- Board Independence (0-25%) (%)
  
  Lower improves ESG score
- Board Independence (25-50%) (%)
  
  Lower improves ESG score
- Board Independence (50-75%) (%)
  
  Higher improves ESG score
- Board Independence (75-100%) (%)
  
  Higher improves ESG score
Board Diversity
- No Female Directors (%)
  
  Lower improves ESG score
- Three OR More Female Directors (%)
  
  Higher improves ESG score
- Females Represent 30% of Directors (%)
  
  Higher improves ESG score
Entrenched Board
- Entrenched Board (%)
  
  Lower improves ESG score
Overboarding
- Overboarding (%)
  
  Lower improves ESG score
Shareholder Rights
- Negative Director Votes (%)
  
  Lower improves ESG score
- Ownership AND Control Flag (%)
  
  Lower improves ESG score
- One Share One Vote (%)
  
  Lower improves ESG score
- No Annual Director Elections (%)
  
  Lower improves ESG score
- Does Not Use Majority Voting (%)
  
  Lower improves ESG score
- Significant Votes Against Pay Practices (%)
  
  Lower improves ESG score
Fund Ownership
- Controlling Shareholder (%)
  
  Lower improves ESG score
- Controlling Shareholder Concerns (%)
  
  Lower improves ESG score
- Cross Shareholdings (%)
  
  Lower improves ESG score
Poison Pill
- Poison Pill (%)
  
  Lower improves ESG score
Executive Compensation
- Pay Flag (%)
  
  Lower improves ESG score
- No Pay Performance Link (%)
  
  Lower improves ESG score
- Lack of Internal Pay Equity (%)
  
  Lower improves ESG score
- Executive Pay Non-Disclosure (%)
  
  Lower improves ESG score
Accounting Flags
- Accounting Flag (%)
  
  Lower improves ESG score

IYLD Performance

This section shows how this ETF has performed relative to its peers.

	IYLD	ETF Database Category Average	Factset Segment Average
1 Month Return	-4.03%	-5.51%	-4.17%
3 Month Return	-10.04%	-8.19%	-5.33%
YTD Return	-13.08%	-12.70%	-7.38%
1 Year Return	-10.02%	-4.99%	-2.07%
3 Year Return	-3.89%	7.45%	4.02%
5 Year Return	3.06%	7.70%	5.08%

Geographic Exposure

The following charts reflect the geographic spread of IYLD's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of IYLD's underlying holdings.

Asset	Percentage
U.S. Listed Bonds	46.5%
International Stocks	23.49%
International Bonds	13.88%
U.S. Listed Stocks	10.2%
Preferred Stock	4.68%
Cash	1.25%
Convertibles	0.0%

Sector	Percentage
Miscellaneous	99.94%
Other	0.05%
CASH	0.01%

Market Cap	Percentage
Large	37.79%
Mid	32.51%
Small	25.33%
Micro	4.23%

Region	Percentage
North, Central and South America	99.94%
Other	0.06%

Region	Percentage

Country	Percentage
Other	76.83%
United States	23.17%

Credit	Percentage
AAA	0.0%
AA	0.0%
A	0.0%
BBB	0.0%
BB	0.0%
B	0.0%
Below B	0.0%
Not Rated	0.0%

Maturity	Percentage
Less Than 1 Year	0.0%
1-3 Years	0.0%
3-5 Years	0.0%
5-7 Years	0.0%
7-10 Years	0.0%
10-15 Years	0.0%
15-20 Years	0.0%
20-30 Years	0.0%
30+ Years	0.0%

Maturity	Percentage
Less Than 1 Year	0.0%
1-3 Years	0.0%
3-5 Years	0.0%
5-7 Years	0.0%
7-10 Years	0.0%
10-15 Years	0.0%
15-20 Years	0.0%
20-30 Years	0.0%
30+ Years	0.0%

View Less Charts

Asset	Percentage
U.S. Listed Bonds	46.5%
International Stocks	23.49%
International Bonds	13.88%
U.S. Listed Stocks	10.2%
Preferred Stock	4.68%
Cash	1.25%
Convertibles	0.0%

View More Charts

IYLD Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility	76.37%
20 Day Volatility	12.07%
50 Day Volatility	10.62%
200 Day Volatility	9.13%
Beta	0.58
Standard Deviation	0.87%

View Detailed Analysis

5 Day Volatility

76.37%

Rank
23 of 64

Low
EAOM (4.65%)

High
HIPS (212.60%)

20 Day Volatility

12.07%

Rank
53 of 64

Low
PQDI (4.17%)

High
BITS (87.39%)

50 Day Volatility

10.62%

Rank
54 of 64

Low
PQDI (4.82%)

High
BITS (75.39%)

200 Day Volatility

9.13%

Rank
58 of 63

Low
PQDI (4.66%)

High
BITS (71.95%)

Beta

0.58

Rank
37 of 60

Low
NTSE (-1.15)

High
MVPS (1.68)

Standard Deviation

0.87%

Rank
33 of 52

Low
MDIV (0.28%)

High
AOA (2.36%)

View Summary Analysis

Technicals

20 Day MA $20.87
60 Day MA $21.67
MACD 15 Period -0.04
MACD 100 Period -1.63
Williams % Range 10 Day 64.24
Williams % Range 20 Day 76.11
RSI 10 Day 42
RSI 20 Day 38
RSI 30 Day 37
Ultimate Oscillator 42

Bollinger Bands

Lower Bollinger (10 Day) $20.30
Upper Bollinger (10 Day) $20.99
Lower Bollinger (20 Day) $20.27
Upper Bollinger (20 Day) $21.49
Lower Bollinger (30 Day) $20.21
Upper Bollinger (30 Day) $22.09

Support & Resistance

Support Level 1 $20.66
Support Level 2 $20.63
Resistance Level 1 $20.73
Resistance Level 2 $20.76

Stochastic

Stochastic Oscillator %D (1 Day) 54.02
Stochastic Oscillator %D (5 Day) 65.67
Stochastic Oscillator %K (1 Day) 49.12
Stochastic Oscillator %K (5 Day) 45.53

Tradability

Tracking Difference Median (%) -0.10
Tracking Difference Max Upside (%) 0.05
Tracking Difference Max Downside (%) -0.37
Median Premium Discount (%) -0.03
Maximum Premium Discount (%) 0.16
Average Spread (%) 3.31
Average Spread ($) 3.31

Financial Advisor Report

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Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Download the Fact Sheet PDF

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Disclosures

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.

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IYLD iShares Morningstar Multi-Asset Income ETF

Vitals

Analyst Report

ETF Database Themes

FactSet Classifications

Trading Data

Historical Trading Data

Alternative ETFs in the ETF Database Diversified Portfolio Category

Alternative ETFs in the FactSet Asset Allocation: Global Target Outcome Segment

Top 15 Holdings New