iShares Transportation Average ETF (IYT) Performance
IYT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.4% since Dec 31, 2025
- 1 year
- +15.0% total return
- 5 years
- +5.0% a year
- 10 years
- +9.6% a year
- Since first price
- +9.3% a year since 2004
IYT trailing returns vs SPY, QQQ, AGG
| Period | IYT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.9% | −9.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.3% | −1.7% | +7.8% | +8.4% | −1.5% |
| YTD | +8.4% | +7.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.0% | +13.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +48.8%+14.2%/yr | +44.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +27.4%+5.0%/yr | +20.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +149.4%+9.6%/yr | +122.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +339.7%+10.4%/yr | +272.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +381.7%+8.2%/yr | +280.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJan 2, 2004 | +659.4%+9.3%/yr | +490.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IYT vs SPY
From Jan 2, 2004: IYT grew to $75,940, SPY to $103,453.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IYT returns by calendar year
16 of 21 full years positive. Best 2013 (+41.2%), worst 2022 (−21.7%). 2026 is year to date.
IYT annual returns table
| Year | IYT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.4% | −12.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.5% | −24.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.1% | −12.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +24.6% | −20.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −21.7% | −29.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.4% | −12.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +14.2% | −40.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.1% | −12.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.9% | −25.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +18.9% | −8.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +22.2% | −12.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −16.9% | −19.1% | +1.2% | +9.4% | +0.5% |
| 2014 | +25.4% | −11.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +41.2% | −8.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +6.7% | −9.1% | +16.0% | +18.1% | +3.8% |
| 2011 | −1.5% | −28.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +26.7% | −18.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +19.0% | −42.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −21.2% | −44.7% | −36.8% | −41.7% | +7.9% |
| 2007 | +0.4% | −19.7% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.0% | −17.1% | +15.8% | +7.1% | +3.9% |
| 2005 | +10.9% | −12.4% | +4.8% | +1.6% | +2.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IYT largest drawdowns
Now 10.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 5, 2008 | −60.4% | Mar 9, 2009 | Jan 13, 2011 | 9 months | 2.6 years |
| Sep 14, 2018 | −41.3% | Mar 23, 2020 | Sep 2, 2020 | 1.5 years | 2.0 years |
| Jan 4, 2022 | −29.2% | Sep 30, 2022 | Feb 8, 2024 | 9 months | 2.1 years |
| Jul 7, 2011 | −28.1% | Oct 3, 2011 | Jan 10, 2013 | 3 months | 1.5 years |
| Dec 29, 2014 | −27.3% | Jan 20, 2016 | Nov 23, 2016 | 1.1 years | 1.9 years |
| Nov 25, 2024 | −26.4% | Apr 8, 2025 | Dec 3, 2025 | 4 months | 1.0 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IYT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +11.5% | +6.5% | +9.3% | +9.5% |
| Volatility (annualized) | 19.0% | 21.9% | 21.6% | 20.2% |
| Sharpe ratio | 0.44 | 0.23 | 0.41 | — |
| Sortino ratio | 0.66 | 0.34 | 0.61 | — |
| Best month | +12.3% | +12.3% | +12.3% | +17.7% |
| Worst month | −9.4% | −13.7% | −17.6% | −17.6% |
| Best 12 months | +35.1% | +35.1% | +88.1% | +88.1% |
| Worst 12 months | −8.0% | −21.7% | −25.0% | −44.4% |
| Positive months | 67% | 58% | 62% | 61% |
| Beta vs S&P 500 | 1.24 | 1.22 | 1.22 | — |
| Correlation with S&P 500 | 0.81 | 0.87 | 0.86 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IYT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 262 | −44.4% | +11.7% | +88.1% | 74% |
| 3-year (a year) | 238 | −16.7% | +9.3% | +29.2% | 87% |
| 5-year (a year) | 214 | −2.2% | +8.0% | +25.8% | 99% |
| 10-year (a year) | 154 | +5.5% | +9.7% | +16.9% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
IYT performance overview
iShares Transportation Average ETF (IYT) returned +15.0% over the past year and +9.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +9.3% a year, turning $10,000 into about $75,940. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −60.4%, from Jun 5, 2008 to Mar 9, 2009, and it took 1.8 years to get back to the old high. IYT finished 16 of its 21 full calendar years with a gain; the best year was 2013 (+41.2%) and the worst 2022 (−21.7%). Volatility has been 20.2% a year.
Related: IYT chart, IYT holdings, IYT dividends, IYT valuation. See the IYT overview for the latest quote and fund facts.
IYT performance FAQ
What is the IYT return over the past year?
IYT returned +15.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.9%.
What is the average annual return of IYT?
IYT has returned +5.0% a year over 5 years, +9.6% a year over 10 years, +9.3% a year since January 2, 2004 (total return, distributions reinvested).
How much would $10,000 invested in IYT be worth?
$10,000 invested in IYT at its first recorded close on January 2, 2004 would be worth about $75,940 on October 23, 2026 with distributions reinvested.
What was the worst year for IYT?
The worst calendar year was 2022, with a total return of −21.7%. The best was 2013 at +41.2%.
What is the biggest drawdown of IYT?
The largest peak-to-trough decline was −60.4% between June 5, 2008 and March 9, 2009. It recovered to the old high on January 13, 2011, 1.8 years after the bottom.
How volatile is IYT?
Over the past 3 years IYT had an annualized volatility of 19.0% and a Sharpe ratio of 0.44 (excess return over 1–3 month T-bills per unit of risk).