iShares Evolved U.S. Consumer Staples ETF (IECS)
iShares Evolved U.S. Consumer Staples ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $34.72, up 0.12% on the session, giving a market capitalisation of $17.0M. Its beta of 0.63 implies it has historically moved less than the broad market.
This fund aims to fulfill its investment objectives by normally committing a minimum of 80% of its total assets to common stocks issued by U.S.-listed firms. These companies operate in the consumer staples sector and span large, medium, and small market capitalizations. Specifically, the fund invests in businesses categorized under the "Consumer Staples Evolved Sector," which includes enterprises whose economic characteristics have historically aligned with those traditionally considered consumer staples companies. It is important to note that this fund operates as a non-diversified investment vehicle.
iShares Evolved U.S. Consumer Staples ETF is most often compared with the following Financial Services names: