IYF

The iShares U.S. Financials ETF (IYF) is a fund managed by BlackRock that gives investors exposure to a broad basket of American financial companies in a single purchase. Instead of picking individual bank or insurance stocks, buying IYF means owning a slice of dozens of companies across banking, insurance, investment management, and related financial services. BlackRock charges a small annual fee to manage the fund, and the ETF rises or falls based on how those underlying financial companies perform collectively.