iShares US Consumer Discretionary ETF (IYC) Valuation
IYC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.5 trailing earnings
- Forward P/E
- 19.3 analyst estimates
- Price / sales
- 1.78
- Price / book
- 5.43
- EV / EBITDA
- 14.6
- Earnings yield
- 3.77% inverse of P/E
- Dividend yield
- 0.98% of the holdings
- Return on equity
- 20.4% combined
- Net margin
- 6.7% combined
- Beta
- 1.20 weighted, vs S&P 500
IYC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IYC | 26.5 | 19.3 | 1.78 | 5.43 | 0.98% | 20.4% | 6.7% | 4.2% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
IYC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 68.4% | 26.3 | 19.2 | 1.94 | 6.27 | 1.08% | 23.8% |
| Communication Services | 12.9% | 30.5 | 18.5 | 2.89 | 3.15 | 0.65% | 10.3% |
| Consumer Defensive | 12.4% | 34.2 | 29.8 | 1.18 | 7.58 | 0.96% | 22.1% |
| Technology | 3.5% | 14.6 | 17.0 | 2.91 | 5.06 | 0.34% | 34.6% |
| Industrials | 3.1% | 19.4 | 10.1 | 0.64 | 2.69 | 0.81% | 13.9% |
IYC earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How IYC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IYC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 14.56% | 20.1 | 23.6 | 3.5 | — | 19.18% |
| TSLA | Tesla, Inc. | 7.69% | 328.4 | 158.7 | 13.5 | — | 0.62% |
| WMT | Walmart Inc. | 4.77% | 43.0 | 38.0 | 1.3 | 0.83% | 2.94% |
| COST | Costco Wholesale Corporation | 4.45% | 47.6 | 40.3 | 1.4 | 0.59% | 2.47% |
| HD | The Home Depot, Inc. | 4.00% | 21.5 | 19.8 | 1.8 | 3.01% | 4.92% |
| NFLX | Netflix, Inc. | 3.93% | 22.2 | 18.7 | 6.1 | — | 4.69% |
| DIS | The Walt Disney Company | 3.28% | 22.8 | 13.8 | 1.9 | 1.36% | 3.81% |
| MCD | McDonald's Corporation | 3.06% | 19.7 | 17.1 | 6.2 | 3.18% | 4.11% |
| TJX | The TJX Companies, Inc. | 2.90% | 27.3 | 24.9 | 2.6 | 1.30% | 2.81% |
| UBER | Uber Technologies, Inc. | 2.48% | 15.4 | 15.9 | 2.6 | — | 4.25% |
| BKNG | Booking Holdings Inc. | 2.30% | 18.1 | 13.3 | 4.3 | 1.03% | 3.36% |
| LOW | Lowe's Companies, Inc. | 2.03% | 16.7 | 15.6 | 1.2 | 2.53% | 3.22% |
| SBUX | Starbucks Corporation | 1.97% | 56.4 | 30.9 | 2.9 | 2.58% | 0.93% |
| SPOT | Spotify Technology S.A | 1.53% | 30.5 | 28.6 | 6.0 | — | 1.33% |
| MAR | Marriott International, Inc. | 1.47% | 40.1 | 26.5 | 13.7 | 0.75% | 0.97% |
| HLT | Hilton Worldwide Holdings Inc. | 1.38% | 50.6 | 28.7 | 15.2 | 0.17% | 0.72% |
| ABNB | Airbnb, Inc. | 1.30% | 39.6 | 25.4 | 7.9 | — | 0.87% |
| ROST | Ross Stores, Inc. | 1.30% | 28.6 | 27.4 | 3.1 | 0.75% | 1.20% |
| ORLY | O'Reilly Automotive, Inc. | 1.26% | 28.3 | 23.4 | 3.9 | — | 1.18% |
| GM | General Motors Company | 1.24% | 37.7 | 5.6 | 0.4 | 0.86% | 0.87% |
| TGT | Target Corporation | 1.23% | 16.0 | 15.6 | 0.7 | 3.01% | 2.04% |
| RCL | Royal Caribbean Cruises Ltd. | 1.23% | 17.1 | 11.4 | 4.0 | 2.16% | 1.90% |
| AZO | AutoZone, Inc. | 0.90% | 20.5 | 16.5 | 2.5 | — | 1.16% |
| EBAY | eBay Inc. | 0.87% | 25.3 | 16.6 | 4.5 | 1.03% | 0.91% |
| F | Ford Motor Company | 0.85% | — | 7.0 | 0.3 | 4.83% | −3.33% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About IYC valuation
Adding up its 154 holdings with company data, IYC trades at 26.5 times trailing earnings and 19.3 times analysts' forward estimates, with a price-to-book ratio of 5.43 and a dividend yield of 0.98%. Its earnings yield of 3.77% is 1.56 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 51.1% of the fund and earn 49.8% of its combined profit. By sector, Consumer Defensive is the most expensive at 34.2 times earnings and Technology the cheapest at 14.6. Companies that lost money over the past year are 4.2% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.96% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IYC chart, IYC performance, IYC holdings, IYC dividends.
IYC valuation FAQ
What is the P/E ratio of IYC?
Based on its holdings, IYC has a trailing P/E of 26.5 and a forward P/E of 19.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IYC?
The trailing earnings yield is 3.77% (1 ÷ P/E) and the forward earnings yield 5.17%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IYC more expensive than the S&P 500?
IYC trades at 26.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.3 and 19.9.
What is the price-to-book ratio of IYC?
The holdings of IYC trade at 5.43 times book value, with a combined return on equity of 20.4%.
Which sector in IYC has the highest P/E?
Consumer Defensive has the highest P/E at 34.2 and Technology the lowest at 14.6.