iShares U.S. Technology ETF
$264.44−1.54 (−0.58%)
- Expense ratio
- 0.37%
- Fund size
- $26.4B
- 1Y return
- +35.2%
- Yield · Last 12 months
- 0.09%
- Holdings
- 149
- Volume · 30D
- 0.6M sh
- NAV per share
- $264.48
- 52W range
The ETF.net IYW Grade
Score 64 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 65Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 83Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 79Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 36Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
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
- 149
- 65%
- NVDA
Geography
- United States99.52%
- Australia0.23%
- Cayman Islands0.21%
- 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.
Returns run to the Sep 22, 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 | +33.3% |
| 1 month | +7.6% |
| 3 months | +5.0% |
| 1 year | +35.2% |
| 3 years | +36.7% |
| 5 years | +20.7% |
| 10 years | +25.1% |
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 | +33.3% | |
| 2025 | +25.4% | |
| 2024 | +30.2% | |
| 2023 | +65.5% | |
| 2022 | −34.8% | |
| 2021 | +35.4% | |
| 2020 | +47.5% |
IYW in the news
ETF.net Research hasn’t filed on IYW yet — coverage lands here as it’s written.
IYW Dividends
- 0.09%
- $0.25
- $0.05 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.05 |
| Jun 15, 2026 | Jun 18, 2026 | $0.07 |
| Mar 17, 2026 | Mar 20, 2026 | $0.07 |
| Dec 16, 2025 | Dec 19, 2025 | $0.06 |
| Sep 16, 2025 | Sep 19, 2025 | $0.06 |
| Jun 16, 2025 | Jun 20, 2025 | $0.09 |
| Mar 18, 2025 | Mar 21, 2025 | $0.08 |
| Dec 17, 2024 | Dec 20, 2024 | $0.07 |
| Sep 25, 2024 | Sep 30, 2024 | $0.11 |
| Jun 11, 2024 | Jun 17, 2024 | $0.08 |
| Mar 21, 2024 | Mar 27, 2024 | $0.08 |
| Dec 20, 2023 | Dec 27, 2023 | $0.23 |
IYW Risk
- 22.5%
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.
- 1.13
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
- The middle half of Technology (Broad) funds
- Median 0.45%
6 of the 23 Technology (Broad) funds charge less.