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ETFs

iShares U.S. Technology ETF

IYW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 15 2000
Expense Ratio
0.39%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$55,355,805
AUM
$10,719,564,535
Associated Index
Russell 1000 Technology RIC 22.5/45 Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
18.34%
MSFT
Microsoft Corporation
16.67%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
5.66%
GOOG
Alphabet Inc - Ordinary Shares - Class C
4.88%
NVDA
NVIDIA Corp
4.21%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.77%
AVGO
Broadcom Inc
2.95%
ADBE
Adobe Inc
2.64%
CRM
Salesforce Inc
2.31%
ORCL
Oracle Corp.
1.96%
Invest with IYW

What is IYW?

The iShares Dow Jones U.S. Technology Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the largest public companies in the technology sector of the U.S. market as represented by the Dow Jones U.S. Technology Capped Index. IYW changed its index from the Dow Jones U.S. Technology Capped Index to the Russell 1000 Technology RIC 22.5/45 Capped Index.

ETFs related toIYW

ETFs correlated to IYW include ROM, IGM, VGT

IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
TECL
Direxion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIYW

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IYW using Composer

FAQ

IYW is a US Equities ETF. The iShares Dow Jones U.S. Technology Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the largest public companies in the technology sector of the U.S. market as represented by the Dow Jones U.S. Technology Capped Index. IYW changed its index from the Dow Jones U.S. Technology Capped Index to the Russell 1000 Technology RIC 22.5/45 Capped Index.

IYW tracks the Russell 1000 Technology RIC 22.5/45 Capped Index.

No, IYW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IYW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IYW is -0.0053%. This is the percent change in the value of IYW over the most recent 1-month period. The 3-month return on IYW is 0.0019%. This is the percent change in the value of IYW over the most recent 3-month period.

The standard deviation of IYW for the past year is 0.2644%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IYW include XLI, XLY, and XLV.

ETFs correlated to IYW include ROM, IGM, and VGT.

ETFs that are inversely correlated to IYW include TECS, SQQQ, and QID.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.