IBAT

iShares Energy Storage & Materials ETF

$30.66

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The iShares Energy Storage & Materials ETF (IBAT) seeks to track the investment results of an index composed of companies involved in the production, processing, and distribution of materials and technologies used in energy storage applications.

Overview

ETF tracking iShares Energy Storage & Materials ETF

Category Energy

Issuer BlackRock

Inception Date 2024-03-21

Market Cap $8.6M

Average Volume N/A

Dividend Yield 1.07%

52-Week Range $18.51 - $32.40

VWAP $30.75

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of companies across the energy storage and materials value chain, including those involved in the manufacturing of batteries, fuel cells, and other energy storage technologies, as well as the mining and processing of raw materials used in these applications.

✨ Key Features

Provides exposure to the growing energy storage and materials sector
Diversified portfolio across the energy storage value chain
Low expense ratio of 0.00%
Tracks the performance of an index designed to measure the performance of the energy storage and materials industry

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Volatility risk due to the emerging and rapidly evolving nature of the energy storage market
Regulatory and policy risk as changes in government policies and regulations can impact the industry
Liquidity risk as the fund is relatively new and may have lower trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to the long-term growth potential of the energy storage and materials sector, as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer investment horizon to accommodate the potential volatility of this sector.