(IYC) iShares US Consumer - Ratings and Ratios

The iShares US Consumer Discretionary ETF (NYSE ARCA:IYC) is an exchange-traded fund that focuses on the consumer discretionary sector of the US equity market. This sector includes companies that provide goods and services that are not essential, such as luxury items, leisure activities, and entertainment. The fund is designed to track the performance of its underlying index, which is constructed by FTSE Russell.

The funds investment strategy is to allocate at least 80% of its assets to the component securities of its underlying index, providing broad exposure to the consumer discretionary sector. This allows investors to gain access to a diversified portfolio of companies that are likely to benefit from changes in consumer spending habits and preferences.

From a technical analysis perspective, the current price of IYC is $95.84, which is below its 20-day simple moving average (SMA) of $96.99. However, it is above its 50-day SMA of $91.81 and 200-day SMA of $92.38, indicating a potential bullish trend. The average true range (ATR) is 1.34, representing a 1.40% daily price movement. Considering the 52-week high and low of $101.03 and $75.81, respectively, the current price is near the middle of its recent trading range.

With an assets under management (AUM) of $1.475 billion, IYC is a moderately sized ETF with sufficient liquidity. Given its focus on the consumer discretionary sector, the funds performance is likely to be influenced by factors such as consumer confidence, disposable income, and economic growth.

Forecasting the future performance of IYC, we can expect the fund to benefit from a potential increase in consumer spending as the economy continues to grow. Based on the technical data, a break above the 20-day SMA could signal a bullish trend, potentially driving the price towards the 52-week high of $101.03. Conversely, a decline below the 50-day SMA could indicate a bearish trend, potentially leading to a retest of the 52-week low. Considering the fundamental data, the funds AUM and liquidity are likely to remain stable, supporting its ability to track its underlying index.