{
 "ticker": "MADE",
 "name": "iShares U.S. Manufacturing ETF",
 "issuer": "iShares",
 "desk": "themes",
 "url": "https://etfiq.com/funds/MADE",
 "html": "https://etfiq.com/funds/MADE",
 "markdown": "https://etfiq.com/funds/MADE.md",
 "as_of": "2026-09-11",
 "verdict": "MADE holds 116 stocks, and 20% 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": "80.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MADE, already in the S&P 500: 80.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "94.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MADE, active share vs the S&P 500: 94.8%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "38.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MADE, top ten holdings: 38.8%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+24.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MADE, total return, 1 year: +24.2%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$63m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "MADE, net assets: $63m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.40%",
   "source": "485BPOS XBRL, Jul 27, 2026",
   "as_of": "2026-09-11",
   "sentence": "MADE, expense ratio: 0.40% (485BPOS XBRL, Jul 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Reshoring and manufacturing",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 18, 2024",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "80.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "94.8%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "5.7%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.9%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "38.8%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "116",
   "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": "DEERE 4.9%, EATON PLC 4.5%, AMPHENOL CORP CLASS A 4.4%, RTX 3.9%, CATERPILLAR INC 3.8%, GENERAL MOTORS 3.7%, PARKER-HANNIFIN 3.7%, CUMMINS INC 3.6%, VERTIV HOLDINGS CLASS A 3.3%, PACCAR INC 3.1%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$63m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22129.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.40%",
   "source": "485BPOS XBRL, Jul 27, 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": "0.42%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "PPA 27%, PAVE 21%, FOWF 21%, RACK 20%, VOLT 19%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22124.7%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22128.0 pts",
   "Gap to Nasdaq-100": "\u22123.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "+6.4%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22129.6 pts",
   "Gap to Nasdaq-100": "\u221214.3 pts"
  },
  {
   "window": "1 year",
   "Total return": "+24.2%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+6.7 pts",
   "Gap to Nasdaq-100": "+1.2 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+49.6%",
   "S&P 500": "+41.6%",
   "Gap to S&P 500": "+8.1 pts",
   "Gap to Nasdaq-100": "\u22121.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of MADE is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 80% of MADE by weight is stocks the S&P 500 already holds. Its active share against the index is 95%, so that share is the part doing something different."
  },
  {
   "q": "What does MADE hold?",
   "a": "116 positions as published by its issuer for Sep 10, 2026, with the top ten at 39% of the fund. The largest are DEERE at 4.9%, EATON PLC at 4.5%, AMPHENOL CORP CLASS A at 4.4%."
  },
  {
   "q": "Has MADE beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 MADE returned +24.2% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 6.7 points."
  },
  {
   "q": "What does MADE cost?",
   "a": "The prospectus expense ratio is 0.40% a year. Because 95% of the fund differs from the S&P 500, the fee on that differing part works out at 0.42%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}