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 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.
As of , these are the largest transportation stocks in IYT by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Top transportation stocks by fund weight
Ranked by largest share of IYT
- 1Union Pacific CorpUNP17.5%
- 2Uber TechnologiesUBER15.0%
- 3CSX CorpCSX9.3%
- 4Delta Air Lines IncDAL4.9%
- 5United Airlines Holdings IncUAL4.8%
Best transportation stocks this month
Ranked by one-month return, among the holdings Zensei prices
- 1RXO IncRXO+47.2%
- 2Lyft IncLYFT+5.2%
- 3Southwest Airlines CoLUV+3.9%
- 4GXO Logistics IncGXO+1.7%
- 5Old Dominion Freight LineODFL+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%. The table compares 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. Compare with every sector and theme: P/E ratio by sector.
IYT holdings: the transportation stocks inside
This list covers all 44 transportation stocks in IYT, heaviest first; the 10 largest show their returns where Zensei has a price. 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 | 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 | 4.5% | +1.2% | −21.8% | |||
| 7 | NSCNorfolk Southern Corp | 4.5% | −0.3% | −2.1% | |||
| 8 | UPSUPS | 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 (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 (ODFL) 4.5%, Norfolk Southern Corp (NSC) 4.5%, UPS (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 (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 with their own page
Zensei publishes a page for 3 of the stocks in IYT; each page shows the stock against the S&P 500 and its sector.
| Stock | Ticker | Weight in IYT | 1M return |
|---|---|---|---|
| Uber Technologies | UBER | 15.0% | −0.2% |
| UPS | UPS | 4.3% | −4.9% |
| Joby Aviation | JOBY | 0.5% | −19.4% |
Weight is the share of IYT. 1M is the plain one-month return to the close of . All stock pages
Transportation Stocks: common questions
Transportation stocks list: which stocks are in IYT?
As of 12 October 2026, IYT holds 44 transportation stocks, and this page lists all 44. The three largest by fund weight are Union Pacific Corp (UNP, 17.5%), Uber Technologies (UBER, 15.0%) and CSX Corp (CSX, 9.3%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.
What are the best transportation stocks this month?
As of 12 October 2026, ranked by one-month return, the three strongest transportation stocks in IYT are RXO Inc (RXO, +47.2%), Lyft Inc (LYFT, +5.2%) and Southwest Airlines Co (LUV, +3.9%). This ranks past return only; it does not forecast the next month.
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 (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 table above shows the largest holdings with their weights and returns.
Which ETF holds transportation stocks?
Several ETFs hold transportation stocks. Zensei tracks the group through IYT, the iShares U.S. Transportation ETF. As of 12 October 2026, its published holdings list 44 transportation stocks, and the 10 largest make up 72.6% of the fund.
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.
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, 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
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.
Compare all sectors: Sector heat map · Sector P/E ratios