What are IYF and IYG and how do they compare

IYF is the Dow Jones US Financial iShares ETF and IYG is the iShares U.S. Financial Services ETF. Both are financial-sector funds launched in 2000. They differ in size, dividend yield, and index-tracking details, and some aspects such as sector weights and index methodology are not available.

What does expense ratio mean in ETF comparison

The expense ratio is the annual fee charged by the fund. For IYF and IYG it is 0.37% per year. A higher expense ratio reduces net returns over time. Since both funds have the same expense ratio, fee differences alone do not explain performance variation.

How to read dividend yield for IYF and IYG

Dividend yield is the annual distributions relative to price. IYF’s yield is 1.47%, while IYG’s is 1.09%. Distributions can vary with company dividends, interest rates, and fund policies, so yield alone is not a guarantee of future payouts.

How do top holdings overlap between IYF and IYG

Both funds share eight of their top-10 holdings: Berkshire Hathaway B, JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley, Citigroup and Schwab. The overlap suggests similar core exposures, though weights and additions can differ.

Which unique holdings distinguish IYF from IYG

IYF includes Progressive Corporation as a notable addition, while IYG includes Visa and Mastercard. These differences reflect broader diversification into payments networks in IYG and an insurer tilt in IYF’s top-10 list.

How concentrated are Berkshire and JPM within each fund

Concentration depends on weights. In IYF, Berkshire Hathaway B is 11.54% and JPMorgan Chase is 11.36%. In IYG, they are 13.38% and 13.10%. Higher concentration increases single-name risk if those stocks underperform.

What investing goals suit IYF versus IYG

Investors might choose either fund for core US financials exposure. IYF has higher assets and a higher yield, while IYG offers payments-network diversification. Neither is inherently better; choice depends on priorities like liquidity, yield preference, or specific stock exposures.

What do the fund sizes imply for liquidity

IYF has $4.1 billion in net assets, and IYG has $2.2 billion. Larger funds often trade with tighter bid-ask spreads and more depth, potentially improving execution for retail investors. Size alone does not guarantee trading quality.

How transparent are the index methodologies

For both IYF and IYG, the index tracked is listed as not available, and sector weights are not available. This limits the ability to verify exact replication strategies or compare sector definitions directly between the two funds.

Can differences in yield explain performance

A higher yield indicates more current distributions relative to price, but total return also depends on price appreciation and reinvestment. IYF’s 1.47% versus IYG’s 1.09% does not by itself imply superior performance, especially since fees are equal at 0.37%.

What else should I verify before comparing these ETFs

Check trading volumes and spreads for your market, confirm dividend distribution schedules, and review each fund’s official documentation. Note that both funds list the index tracked as not available and sector weights as not available, so external verification is helpful.

IYF vs IYG

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

Compare IYF (Dow Jones US Financial iShares) and IYG (iShares U.S. Financial Services ETF). This page examines fees, holdings, dividends and how each fund tracks its market. IYF has $4.1 billion in net assets and a 1.47% yield, while IYG has $2.2 billion and a 1.09% yield. Both have a 0.37% expense ratio. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

IYF

Metric

IYG

0.37%

Expense Ratio

0.37%

1.47%

Dividend Yield

1.09%

$4.11B

Net Assets

$2.16B

147

Holdings

101

May 22, 2000

Inception Date

Jun 12, 2000

–

Index Tracked

–

Financial

Fund Category

Financial

Both funds charge the same annual fee.

Shared Top Holdings

Holding	IYF	IYG
BRK.BBerkshire Hathaway Inc.	11.54%	13.38%
JPMJPMorgan Chase & Co.	11.36%	13.10%
BACBank of America Corporation	4.24%	5.29%
WFCWells Fargo & Company	3.81%	3.67%
GSThe Goldman Sachs Group, Inc.	3.74%	3.86%
MSMorgan Stanley	3.53%	3.41%
CCitigroup Inc.	3.43%	3.11%
SCHWThe Charles Schwab Corporation	2.68%	2.41%

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Investment Analysis

IYF

Pros

Fund size of $4.1 billion supports liquidity, reducing potential trading spreads for investors.
Long history since 2000 provides a well-established track record for US financial exposure.
Broad top holdings balance large bank exposures with insurers like Progressive.

Considerations

Expense ratio of 0.37 per cent is high for a core sector fund.
Index tracking methodology is not available, limiting transparency on replication strategy.
Concentration in Berkshire and JPM at over 22 per cent creates single-name risk.

IYG

Pros

Assets of $2.2 billion and inception in 2000 offer a mature but manageable liquidity profile.
Inclusion of Visa and Mastercard adds diversification into payments networks alongside banks.
Berkshire and JPM exposures are significant but partially offset by broader holding weights.

Considerations

Expense ratio of 0.37 per cent equals that of the larger fund despite lower assets.
Index methodology is not available, making it hard to verify sector definition consistency.
Higher combined weight in Berkshire and JPM exceeds 26 per cent of net assets.

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About IYF and IYG

IYF (IYF)

IYF is an exchange-traded fund from iShares that aims to track the Dow Jones U.S. Financials Index, providing investors with broad exposure to US financial-sector companies such as banks, insurance firms, asset managers and diversified financial services. As a sector ETF, it offers concentrated exposure to financials rather than a diversified, all-market product — useful for investors who wish to express a view on banking and insurance performance or to add sector tilt within a broader portfolio. Key considerations include sensitivity to interest-rate moves, economic cycles and regulatory developments, which can drive volatility. IYF typically distributes dividends from constituent companies, and its liquidity and trading costs matter for implementation. Investors should check the fund’s prospectus, expense ratio and holdings before investing. This information is educational and not personal advice; sector-focused ETFs can magnify both gains and losses and may not suit all investors.

IYG (IYG)

The iShares U.S. Financial Services ETF (IYG) offers investors exposure to a broad spectrum of US-based financial service companies. Launched in June 2000, this fund holds approximately 101 stocks, focusing on sectors such as banking, insurance, investment management, and diversified financial services. With net assets of around USD 2.16 billion, it provides a sizeable and established vehicle for those seeking to participate in the performance of the US financial sector. The fund's expense ratio is 0.37%, which is a key factor in understanding total costs over time. Investors receive a dividend yield of roughly 1.09%, which may fluctuate based on market conditions and company performance. It's important to remember that while financial services are a crucial part of the economy, their values can rise and fall, and returns are never guaranteed.

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IYF vs IYG

Fund Snapshot

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Investment Analysis

IYF

Pros

Considerations

IYG

Pros

Considerations

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About IYF and IYG

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Buy IYF or IYG in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Frequently asked questions

What are IYF and IYG and how do they compare

What does expense ratio mean in ETF comparison

How to read dividend yield for IYF and IYG

How do top holdings overlap between IYF and IYG

Which unique holdings distinguish IYF from IYG

How concentrated are Berkshire and JPM within each fund

What investing goals suit IYF versus IYG

What do the fund sizes imply for liquidity

How transparent are the index methodologies

Can differences in yield explain performance

What else should I verify before comparing these ETFs

Fund Snapshot

About IYF and IYG

Which Baskets Do They Appear In?

Investing Post-46,000: Which Assets May Outperform?

Which Baskets Do They Appear In?

Investing Post-46,000: Which Assets May Outperform?

Related Market Insights

Beyond 46,000: Investing in a Lower Rate Environment

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IYF vs VFH