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 385,000 shares traded each day.
Transportation companies are well-positioned to continue benefiting from increased demand as the recovery continues.
About 68% of the assets that this ETF invests are in companies with economic moats, which Morningstar's equity analysts define as having sustainable competitive advantages. Read more