{
 "ticker": "ISTM",
 "name": "iShares Strategic Metals ETF",
 "issuer": "iShares",
 "desk": "themes",
 "url": "https://etfiq.com/funds/ISTM",
 "html": "https://etfiq.com/funds/ISTM",
 "markdown": "https://etfiq.com/funds/ISTM.md",
 "as_of": "2026-09-11",
 "verdict": "ISTM holds 77 stocks, and 100% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "0.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISTM, already in the S&P 500: 0.0%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISTM, active share vs the S&P 500: 100.0%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "46.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISTM, top ten holdings: 46.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+40.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ISTM, total return, 1 year: +40.0%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$28m",
   "source": "source, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "ISTM, net assets: $28m (source, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.47%",
   "source": "485BPOS XBRL, Feb 23, 2026",
   "as_of": "2026-09-11",
   "sentence": "ISTM, expense ratio: 0.47% (485BPOS XBRL, Feb 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Miners and metals",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 28, 2023",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "46.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "77",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "BLK CSH FND TREASURY SL AGENCY 23.4%, CASH COLLATERAL USD BZUFT 9.4%, TREASURY BILL 3.2%, TREASURY BILL 3.2%, USD CASH 1.6%, TREASURY BILL 1.6%, FIDELITY NATL INFO SERV 144A 1.0%, NTT FINANCE AMERICAS INC 144A 1.0%, AQUITAINE FUNDING COMPANY LLC 144A 1.0%, PROCTER & GAMBLE COMPANY (THE) 144A 1.0%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$28m",
   "source": "source, as filed for Apr 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221215.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.47%",
   "source": "485BPOS XBRL, Feb 23, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.47%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22122.0%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22125.3 pts",
   "Gap to Nasdaq-100": "\u22121.2 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22121.0%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221217.1 pts",
   "Gap to Nasdaq-100": "\u221221.7 pts"
  },
  {
   "window": "1 year",
   "Total return": "+40.0%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+22.5 pts",
   "Gap to Nasdaq-100": "+17.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+82.7%",
   "S&P 500": "+84.5%",
   "Gap to S&P 500": "\u22121.8 pts",
   "Gap to Nasdaq-100": "\u221220.2 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of ISTM is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 0% of ISTM by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does ISTM hold?",
   "a": "77 positions as published by its issuer for Sep 10, 2026, with the top ten at 46% of the fund. The largest are BLK CSH FND TREASURY SL AGENCY at 23.4%, CASH COLLATERAL USD BZUFT at 9.4%, TREASURY BILL at 3.2%."
  },
  {
   "q": "Has ISTM beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 ISTM returned +40.0% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 22.5 points."
  },
  {
   "q": "What does ISTM cost?",
   "a": "The prospectus expense ratio is 0.47% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.47%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}