iShares U.S. Technology ETF
$236.45−6.22 (−2.56%)
- 0.37%
- $23.8B
- +16.8%
- 0.10%
- 609K sh
- low $172.54high $274.44
The ETF.net IYW Grade
B
Score 64 out of 100
- 5 of 25
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 8 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.A83 out of 100Rank 5 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 4 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 2 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F14 out of 100Rank 24 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 2 of 25
Our read on IYW
In short
BMost tech ETFs follow GICS and leave the big ad platforms out of the sector. IYW tracks a Russell index built on ICB rules, where there is no communication services bucket, so internet-ad giants count as tech. Listed in 2000, 0.37%, below the category median.
Stated mandate
Under ordinary conditions, the Fund commits a minimum of 80% of its assets to equity securities issued by U.S. technology or technology-enabled companies.
Why people hold it
Worth knowing
IYW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IYW$11,684
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IYW |
|---|---|
| Year to date | +21.6% |
| 1 month | −8.4% |
| 3 months | +2.0% |
| 1 year | +16.8% |
| 3 years | +33.0% |
| 5 years | +17.4% |
| 10 years | +24.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IYW |
|---|---|---|
| 2026 YTD | +21.6% | |
| 2025 | +25.4% | |
| 2024 | +30.2% | |
| 2023 | +65.5% | |
| 2022 | −34.8% | |
| 2021 | +35.4% | |
| 2020 | +47.5% |
IYW in the news
IYW Dividends
- 0.10%
- $0.25
- $0.05 per share
- Quarterly
IYW Risk
- 22.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −39.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.35
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
IYW Cost
Overpaying vs XLK, cheapest in Technology (Broad)
$5,824
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
IYW 0.37%
$7,513
XLK 0.08% Cheapest
$1,689
Cost over time
Year by year
| Year | IYW | XLK | Overpaying |
|---|---|---|---|
| 10 | $670 | $147 | $523 |
| 20 | $2,590 | $575 | $2,015 |
| 30 | $7,513 | $1,689 | $5,824 |
Other funds in Technology (Broad)
- BRSPTInvesco S&P 500 Equal Weight Technology ETFExpense ratio 0.40%1 year return +35.4%
- BIGMiShares Expanded Tech Sector ETFExpense ratio 0.37%1 year return +14.1%
- BXNTKState Street SPDR NYSE Technology ETFExpense ratio 0.35%1 year return +14.4%
- BPSCTInvesco S&P SmallCap Information Technology ETFExpense ratio 0.29%1 year return +35.0%
- BXSWState Street SPDR S&P Software & Services ETFExpense ratio 0.35%1 year return +5.6%
