IBAT
iShares Energy Storage & Materials ETF
IBAT tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy.
Global
EQUITY
Passive
MANAGEMENT STYLE
6.2 M
ASSETS UNDER MGMT
47 bp
EXPENSES
Fund Basics
| Fund sponsor | iShares |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 19, 2024 |
| Assets (mns) | $6 |
| Expense ratio | 47 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AIR PRODUCTS & CHEMICALS INC | 7.0 % |
| LG ENERGY SOLUTION LTD. | 6.8 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 6.3 % |
| BASF SE | 6.2 % |
| AIR LIQUIDE SA | 5.6 % |
| SAMSUNG SDI CO LTD | 5.6 % |
| MURATA MANUFACTURING CO LTD | 5.2 % |
| ASAHI KASEI CORP | 4.5 % |
| MITSUBISHI CHEMICAL HOLDINGS | 3.8 % |
| EATON CORP PLC | 3.6 % |
Constituent Breakdown
| Number of holdings | 62 |
| Herfindahl-Hirschman Index | 407 |
| Wgt avg mkt cap (mns) | $54,469 |
| Large cap (>$10bn) | 68.9% |
| Mid cap ($2-10bn) | 24.0% |
| Small cap (<$2bn) | 7.1% |
| Developed mkts. | 73.0% |
| Emerging mkts. | 27.0% |
Country Exposure
 |
JAPAN | 24.0 % |
 |
UNITED STATES | 21.2 % |
 |
SOUTH KOREA | 16.7 % |
 |
FRANCE | 8.9 % |
 |
CHINA | 8.1 % |
 |
GERMANY | 6.4 % |
 |
IRELAND | 3.6 % |
 |
SWITZERLAND | 3.3 % |
 |
BRITAIN | 3.0 % |
 |
TAIWAN | 3.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -- | -- | -- | -- | -- | -- | -- | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $6,582 |
Technical Indicators
| Recent close | $22.32 |
| 30d moving avg. | $0.00 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 0 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IBAT |
Expenses vs. IBAT |
ALTAR Score™ vs. IBAT |
|---|---|---|---|---|
| BATT | Amplify Lithium & Battery Technology ETF | 19.6% | +12 bp | -3.5% |
| MXI | iShares Global Materials ETF | 17.3% | -6 bp | +4.4% |
| IDRV | iShares Self-driving EV & Tech ETF | 17.0% | 0 bp | -3.8% |
| HDRO | Defiance Next Gen H2 ETF | 16.9% | -17 bp | -15.0% |
| CTEC | Global X CleanTech ETF | 15.7% | +3 bp | -0.8% |
| EV | Mast Global Battery Recycling & Production ETF | 14.8% | +18 bp | +9.1% |
| LIT | Global X Lithium & Battery Tech ETF | 14.5% | +28 bp | +6.7% |
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure | 13.5% | +11 bp | +1.4% |
| KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 13.4% | +25 bp | -2.3% |
| WBAT | WisdomTree Battery Value Chain and Innovation Fund | 12.8% | -2 bp | -3.8% |
Risk and Returns: IBAT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IBAT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
IBAT
3.3%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. IBAT's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places IBAT in the 42nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IBATSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Global Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 50.8 bp |
| Std. Deviation | 22.4 bp |
| IBAT (47 bp) Percentile rank | 45 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IBAT | 47.0 | 0.0 | 47 |
| Peer Avg. | 57.0 | 39.6 | 96.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .