Ishares U.S. Factor Rotation Active ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among United States equity funds would cost $191 (0.38% a year), so IACT is $45 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 0 securities · top 10 = 0.0%
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.5 | −1.6 | −4.0 | 7.0 | 5.4 | 4.5 | −2.5 | 1.5 | 3.0 | −2.2 | 5.9YTD | ||
| 2025 | 3.1 | 1.8 | 3.7 | −0.0 | −0.2 | 8.5 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
IACT questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Ishares U.S. Factor Rotation Active ETF?
The issuer of Ishares U.S. Factor Rotation Active ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as equity with a United States focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does IACT double up with most?
No other ASX fund shares more than 10% of its holdings with IACT, and no fund's returns track it closely, so it offers a fairly distinct exposure.
How is Ishares U.S. Factor Rotation Active ETF managed – active or passive?
Ishares U.S. Factor Rotation Active ETF is actively managed. Rather than tracking an index, a fund manager at iShares decides what to buy and sell, aiming to do better than the market after fees.
Among United States equity funds, active funds charge a median 0.40% a year and index funds 0.30%.
What will I pay in fees for IACT?
IACT charges a management fee of 0.45% a year, about $45 for every $10,000 invested. Only 46% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among United States equity funds, the median is 0.35%.
Lower-cost funds with a similar focus include Betashares S&P 500 Equal Weight ETF (QUS) at 0.29%, Betashares S&P 500 Equal Weight Currency Hedged ETF (HQUS) at 0.32% and ETFS US Quality ETF (BEST) at 0.29%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.11% for IACT.
Does Ishares U.S. Factor Rotation Active ETF follow a theme?
No. Ishares U.S. Factor Rotation Active ETF is a broad equity fund: it aims to cover a wide slice of its market (United States) rather than one theme or sector.
What is under the hood of IACT?
As at 2 Sept 2026, IACT's largest holding is iShares U.S. Eqty Fctr Rtn Act ETF (100.0%).
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has Ishares U.S. Factor Rotation Active ETF performed?
Based on its category, Ishares U.S. Factor Rotation Active ETF aims to grow your capital faster than its market after fees.
To 23 Oct 2026, with distributions reinvested, it returned 7.2% over 1 year (median 6.6%; ranked 13 of 27). The medians and rankings compare it with United States equity funds. Since listing in 2025 it has returned 13.6% a year.
As an active fund, IACT has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.