How does the IYT ETF work?
The iShares Transportation Average ETF (IYT) is an exchange-traded fund that seeks to track the performance of the Dow Jones Transportation Average Index. It invests in a diverse portfolio of transportation-related companies, including airlines, railroads, trucking companies, and logistics providers. The IYT ETF provides investors with a convenient way to gain exposure to the transportation sector as a whole, allowing them to benefit from the overall performance of the industry.