IYT is the cheapest option for exposure to the transportation subsector of the industrials industry. This ETF also is fairly liquid, with an average of 404,000 shares traded each day.
Transportation companies are well-positioned to continue benefiting from increased volumes if the economy remains strong.
About 65% of the assets that this ETF invests are in companies with economic moats, Morningstar's assessment that a firm enjoys a sustainable competitive advantage. Read more