Overview
Description
The iShares S&P 500 Materials Sector UCITS ETF USD (Acc) is an exchange-traded fund designed to provide exposure to the US materials sector by tracking the performance of the S&P 500 Capped 35/20 Materials Index. This benchmark includes leading companies involved in industries such as chemicals, construction materials, metals and mining, paper, forest products, and related packaging, all classified under the Global Industry Classification Standard (GICS). The ETF employs a physical replication strategy, directly holding the constituent securities of the index in the same proportions, and features an accumulating structure where dividends are reinvested rather than paid out to shareholders. Managed by BlackRock, the fund is domiciled in Ireland and has a total expense ratio of 0.15% per annum, making it a cost-efficient choice for sector-focused investors. Its holdings are highly concentrated, with large allocations to major players like Linde, Newmont, Sherwin-Williams, and Ecolab. With a fund size of roughly 160 million Euro, it serves as a targeted vehicle for accessing the dynamics and growth opportunities of the US materials sector through a diversified basket of large-cap stocks.
About
Instrument type
ETF
Country
Germany
MIC code
XHAM