With about 144 holdings, it effectively diversifies company-specific risk. The ETF has a beta of 1.15 and standard deviation of 27.62% for the trailing three-year period, making it a medium risk choice in the space. IYW has traded between $70.72 and $95.26 during this last 52-week period. The ETF return is roughly 28.02% and is up about 11.97% so far this year and in the past one year (as of ), respectively. The top 10 holdings account for about 64.16% of total assets under management. Looking at individual holdings, Apple Inc ( AAPL Quick Quote AAPL - Free Report) accounts for about 19.44% of total assets, followed by Microsoft Corp ( MSFT Quick Quote MSFT - Free Report) and Alphabet Inc Class A ( GOOGL Quick Quote GOOGL - Free Report). Telecom and Industrials round out the top three. This ETF has heaviest allocation in the Information Technology sector-about 83.50% of the portfolio. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. It has a 12-month trailing dividend yield of 0.46%.Įven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Total Market Index.Įxpense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.Īnnual operating expenses for this ETF are 0.39%, making it one of the least expensive products in the space. The Index is capitalization-weighted and includes only companies in the technology industry of the Dow Jones U.S. The Russell 1000 Technology RIC 22.5/45 Capped Index includes companies in the following sectors: software and computer services and technology hardware and equipment. Technology Index before fees and expenses. IYW seeks to match the performance of the Dow Jones U.S. It has amassed assets over $10.89 billion, making it one of the largest ETFs attempting to match the performance of the Technology - Broad segment of the equity market. It is currently ranked 11, placing it in bottom 31%. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. They are excellent vehicles for long term investors. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. Technology ETF ( IYW Quick Quote IYW - Free Report) is a passively managed exchange traded fund launched on. Designed to provide broad exposure to the Technology - Broad segment of the equity market, the iShares U.S.
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