iShares U.S. Technology ETF
$267.31+0.51 (+0.19%)
- 0.37%
- $26.1B
- +38.5%
- 0.09%
- 0.6M sh
- $268.93
- low $172.54high $274.44
The ETF.net IYW Grade
B
Score 66 out of 100
- 6 of 25
Score 66 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.A82 out of 100Rank 6 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 6 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A85 out of 100Rank 3 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 20 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
BA tech fund from the year 2000 that plays by its own rules: the mandate reaches past the official sector line to "technology-enabled" companies, and the index carries caps that keep the giants in check.
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
- The charter covers U.S. technology and technology-enabled companies, a wider net than a strict sector label, so the lineup isn't bound to one classification committee's list.ishares.com
- Launched in 2000, it has run through the dot-com bust, the smartphone era and the AI build-out under the same iShares roof. Long track records in tech are rare.
- A multi-billion-dollar fund that trades actively, which is what you want when you need to get in or out without drama.
- The 0.38% fee sits just under the typical broad tech fund, and the portfolio has stuck closely to its stated mandate. It sits in the upper half of its peer group.
Worth knowing
- Cheaper neighbors exist. VGT, XLK and FTEC all charge under a tenth of a percent, so 0.38% is a real premium for the broader mandate.
- About 150 holdings, weighted by size, so a handful of mega-cap platforms set the tone. The index's 22.5/45 caps only bite at the extremes.
- One sector, one country: it swings harder than the broad market in both directions. Distributions arrive quarterly.
IYW Holdings
- Stocks
- 152
- 64%
- NVDA
Geography
- United States99.50%
- Cayman Islands0.25%
- Australia0.21%
- Netherlands0.04%
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$13,854
Returns run to the Oct 12, 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 | +33.7% |
| 1 month | +5.4% |
| 3 months | +6.7% |
| 1 year | +38.5% |
| 3 years | +34.7% |
| 5 years | +21.5% |
| 10 years | +25.3% |
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 | +33.7% | |
| 2025 | +25.4% | |
| 2024 | +30.2% | |
| 2023 | +65.5% | |
| 2022 | −34.8% | |
| 2021 | +35.4% | |
| 2020 | +47.5% |
IYW in the news
IYW Dividends
- 0.09%
- $0.25
- $0.05 per share
- Quarterly
Distribution history
IYW Risk
- 22.0%
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.
- 1.33
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.
- 1.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IYW Cost
0.37%
IYW0.37%
- The middle half of Technology (Broad) funds
- Median 0.45%
6 of the 23 Technology (Broad) funds charge less.
Other funds in Technology (Broad)
- BRSPTInvesco S&P 500 Equal Weight Technology ETFExpense ratio 0.40%1 year return +55.5%
- BXNTKState Street SPDR NYSE Technology ETFExpense ratio 0.35%1 year return +41.6%
- BIGMiShares Expanded Tech Sector ETFExpense ratio 0.37%1 year return +37.3%
- BPSCTInvesco S&P SmallCap Information Technology ETFExpense ratio 0.29%1 year return +55.6%
- BIXNiShares Global Tech ETFExpense ratio 0.37%1 year return +46.3%