ETF Evaluator:
iShares Energy Storage & Materials ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Miscellaneous Sector Over the Last Year
| 81.2% | Breakwave Dry Bulk Shipping ETF (BDRY) |
| 71.7% | Global X Hydrogen ETF (HYDR) |
| 63.3% | iShares Energy Storage & Materials ETF (IBAT) |
| 58.0% | Roundhill Cannabis ETF (WEED) |
| 56.6% | AdvisorShares Psychedelics ETF (PSIL) |
Risk
Index
Risk
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ETF Details
iShares Energy Storage & Materials ETF Overview
iShares Energy Storage & Materials ETF (IBAT) is a passively managed Sector Equity Miscellaneous Sector exchange-traded fund (ETF). iShares launched the ETF in 2024.
The investment seeks to track the investment results of STOXX Global Energy Storage and Materials Index.
The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.
About iShares Energy Storage & Materials ETF (IBAT)
There are 4 members of the management team with an average tenure of 1.59 years: Jennifer Hsui (2024), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: STOXX Gbl Energy Storage Materials USD index with a weighting of 100%. iShares Energy Storage & Materials ETF has 100 securities in its portfolio. The top 10 holdings constitute 55.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
iShares Energy Storage & Materials ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Energy Storage & Materials ETF has 71.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 28.3% There is 71.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares Energy Storage & Materials ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $68 million in total assets, which is below the $294 million average for the Miscellaneous Sector category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IBAT Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Energy Storage & Materials ETF expense ratio is average compared to funds in the Miscellaneous Sector category. iShares Energy Storage & Materials ETF has an expense ratio of 0.47%, which is 35% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Energy Storage & Materials ETF has a portfolio turnover rate of 23%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 45% for the Miscellaneous Sector category.
Recently, in the month of July 2026, iShares Energy Storage & Materials ETF returned -15.2%, which earned it a grade of F, as the Miscellaneous Sector category had an average return of -8.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares Energy Storage & Materials ETF has a trailing yield of 0.80%, which is below the 1.09% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares Energy Storage & Materials ETF Grades
Year to date, the ETF has returned 33.7%, 29.4 percentage points better than the category, which translates into a grade of A. The fund has returned 63.3% over the past year (grade of A).
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IBAT Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IBAT Return (NAV) | -15.2% | -11.0% | 63.3% | na | na | na |
| IBAT Return (Price) | -15.9% | -12.0% | 62.2% | na | na | na |
| NAV +/- Price Return | 0.704% | 1.004% | 1.157% | na | na | na |
| Miscellaneous Sector Avg | -8.1% | -9.7% | 26.9% | 3.5% | -9.1% | 5.3% |
| IBAT Grade (NAV) | F | B | A | na | na | na |
| +/- Category (NAV) | -7.2% | -1.3% | 36.4% | na | na | na |
| IBAT Tax-Cost Ratio | na | na | 0.3% | na | na | na |
IBAT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IBAT Return (NAV) | 33.7% | 32.4% | na | na | na | na | na | na | na | na | na |
| IBAT Return (Price) | 32.6% | 32.1% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.032% | -0.010% | na | na | na | na | na | na | na | na | na |
| Miscellaneous Sector Avg | 4.4% | 30.9% | -12.7% | -3.8% | -34.7% | 9.9% | 62.0% | 25.7% | -13.2% | 27.3% | 0.5% |
| IBAT Grade (NAV) | A | C | na | na | na | na | na | na | na | na | na |
| +/- Category | 29.4% | 1.5% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.8% |
| Total Assets: | $ 69 Mil |
| Share Class Assets: | $ 69 Mil |
| Turnover: | 23.0% |
| Expense Ratio: | 0.47% |
| Index Fund: | Yes |
| Index Tracked: | STOXX Gbl Energy Storage Materials USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 2.4 years | |||
| Average Tenure: 1.6 years | |||
| Managers (Year): Hsui Jennifer (2024), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 100 |
| % in Top 10 Holdings: | 55.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 71.5% |
Portfolio Allocation |
|
| Domestic Stock: | 28.3% |
| Foreign Stock: | 71.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | March 19, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.47% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.73% |
