IYK: A Potential Fixed Income Replacement Vehicle

Core Insights - The iShares U.S. Consumer Staples ETF (IYK) provides investors with exposure to U.S. consumer staples companies, launched in June 2000 with net assets of $1.2 billion and an expense ratio [1] Group 1: ETF Overview - The ETF focuses on U.S. consumer staples, which are essential goods that consumers purchase regularly [1] - It has been operational since June 2000, indicating a long-standing presence in the market [1] - The net assets of the ETF stand at $1.2 billion, reflecting its size and investor interest [1]