Transportation Stocks
Top 10 of 44 IYT holdings, updated
As of 12 October 2026, transportation stocks are trailing the S&P 500, over the past month and over the longer run. IYT trails the S&P 500 by 4.4 points over one month and ranks #55 of 115 groups Zensei tracks. 17 of the 44 transportation stocks Zensei prices in IYT beat the fund this month.
Where transportation stocks stand now
As of 12 October 2026, Transportation (IYT) ranks #55 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 4.4 points behind over the past month and 8.7 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, IYT's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. IYT's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via iShares U.S. Transportation ETF, whose 44 tracked holdings are led by Union Pacific Corp, Uber Technologies Inc and Csx Corp. Weighted by portfolio, the fund's holdings trade at roughly 19.4× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top transportation stocks right now
The largest transportation stocks by weight in IYT, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of IYT
- 1Union Pacific CorpUNP17.5%
- 2Uber Technologies IncUBER15.0%
- 3Csx CorpCSX9.3%
- 4Delta Air Lines IncDAL4.9%
- 5United Airlines Holdings IncUAL4.8%
Strongest this month
1-month return, holdings Zensei prices
- 1Rxo IncRXO+47.2%
- 2Lyft IncLYFT+5.2%
- 3Southwest Airlines CoLUV+3.9%
- 4Gxo Logistics IncGXO+1.7%
- 5Old Dominion Freight Line IncODFL+1.2%
Transportation Stocks vs the S&P 500
Over the week to 12 October 2026, IYT rose 0.2% while the S&P 500 rose 0.4%. IYT and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means IYT won that window.
Prices as of · computed from daily adjusted closes · how we measure
Transportation on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are transportation stocks expensive?
The price-to-earnings ratio of IYT as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
IYT holdings: the transportation stocks inside
As of 12 October 2026, 17 of the 44 transportation stocks Zensei prices in IYT beat the fund over the past month. 3 of them beat the S&P 500. The strongest is Rxo Inc (RXO); the weakest is Hub Group Inc (HUBG). Inside the fund, most holdings move the same way.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | UNPUnion Pacific Corp | 17.5% | −1.0% | −2.2% | +1.4 pts | Accelerating | Strong |
| 2 | UBERUber Technologies Inc | 15.0% | −0.2% | −3.7% | +2.1 pts | Accelerating | Strong |
| 3 | CSXCsx Corp | 9.3% | −2.5% | −3.5% | −0.1 pts | Weak | Strong |
| 4 | DALDelta Air Lines Inc | 4.9% | +0.3% | −7.1% | |||
| 5 | UALUnited Airlines Holdings Inc | 4.8% | −4.9% | −13.8% | |||
| 6 | ODFLOld Dominion Freight Line Inc | 4.5% | +1.2% | −21.8% | |||
| 7 | NSCNorfolk Southern Corp | 4.5% | −0.3% | −2.1% | |||
| 8 | UPSUnited Parcel Service Inc | 4.3% | −4.9% | −14.2% | |||
| 9 | FDXFedex Corp | 4.3% | −6.0% | −6.5% | |||
| 10 | EXPDExpeditors International of Washington Inc | 3.5% | +0.5% | +10.2% |
All 44 IYT holdings by weight: Union Pacific Corp (UNP) 17.5%, Uber Technologies Inc (UBER) 15.0%, Csx Corp (CSX) 9.3%, Delta Air Lines Inc (DAL) 4.9%, United Airlines Holdings Inc (UAL) 4.8%, Old Dominion Freight Line Inc (ODFL) 4.5%, Norfolk Southern Corp (NSC) 4.5%, United Parcel Service Inc (UPS) 4.3%, Fedex Corp (FDX) 4.3%, Expeditors International of Washington Inc (EXPD) 3.5%, Xpo Inc (XPO) 3.0%, Southwest Airlines Co (LUV) 2.9%, Jb Hunt Transport Services Inc (JBHT) 2.3%, C.H. Robinson Worldwide Inc (CHRW) 2.2%, Fedex Freight Holding Co Inc (FDXF) 1.9%, Knight-Swift Transportation Holdings Inc (KNX) 1.5%, Saia Inc (SAIA) 1.3%, Ryder System Inc (R) 1.3%, American Airlines Group Inc (AAL) 1.2%, Kirby Corp (KEX) 1.0%, Matson Inc (MATX) 0.9%, Lyft Inc (LYFT) 0.8%, Landstar System Inc (LSTR) 0.8%, U-Haul Holding Co (UHAL-B) 0.7%, Gxo Logistics Inc (GXO) 0.7%, Rxo Inc (RXO) 0.7%, Alaska Air Group Inc (ALK) 0.6%, Skywest Inc (SKYW) 0.5%, Joby Aviation Inc (JOBY) 0.5%, Arcbest Corp (ARCB) 0.4%, Werner Enterprises Inc (WERN) 0.3%, Allegiant Travel Co (ALGT) 0.3%, Avis Budget Group Inc (CAR) 0.3%, Hub Group Inc (HUBG) 0.2%, Schneider National Inc (SNDR) 0.2%, Jetblue Airways Corp (JBLU) 0.2%, Genco Shipping & Trading Ltd (GNK) 0.1%, Marten Transport Ltd (MRTN) 0.1%, Covenant Logistics Group Inc (CVLG) 0.1%, Frontier Group Holdings Inc (ULCC) 0.1%, Heartland Express Inc (HTLD) 0.1%, Forward Air Corp (FWRD) 0.1%, Hertz Global Holdings Inc (HTZ) 0.1%, Ftai Infrastructure Inc Shs (FIP) 0.0%.
Transportation Stocks: common questions
What are the top 3 transportation stocks?
As of 12 October 2026, the three largest transportation stocks in IYT by fund weight are Union Pacific Corp (UNP) (17.5%), Uber Technologies Inc (UBER) (15.0%) and Csx Corp (CSX) (9.3%). Fund weight shows size inside the fund, not a recommendation.
Which transportation stocks are beating the sector?
As of 12 October 2026, 17 of the 44 transportation stocks Zensei prices in IYT beat the fund over the past month. The strongest over the past month is Rxo Inc (RXO). The list above shows every holding with its weight and returns.
Are transportation stocks outperforming the S&P 500?
No. As of 12 October 2026, IYT trails the S&P 500 by 4.4 points over the past month.
Is it a good time to invest in transportation stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, transportation stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is IYT?
IYT is iShares U.S. Transportation ETF. Zensei uses it to measure transportation stocks against the S&P 500 (SPY).
What stocks does IYT own?
As of 12 October 2026, the largest of the 44 positions Zensei tracks in IYT are Union Pacific Corp, Uber Technologies Inc, Csx Corp, Delta Air Lines Inc, United Airlines Holdings Inc. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is transportation in right now?
As of 12 October 2026, transportation is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: trailing the market
Related sectors
Track transportation against the whole market
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