From Nasdaq: 2024-05-28 06:20:06

The iShares U.S. Technology ETF (IYW) is a passively managed fund providing exposure to the Technology – Broad equity market sector. With assets over $17.46 billion, it tracks the Dow Jones U.S. Technology Index. The ETF has a 12-month trailing dividend yield of 0.22% and a 0.40% expense ratio, with top holdings including Microsoft Corp (MSFT) and Apple Inc (AAPL).

Sector ETFs like IYW offer diversified exposure to specific industries, with technology being the focus in this case. Year-to-date, IYW has gained 15.37% and it has a beta of 1.15, indicating medium risk in the space. It is ranked 1 (Strong Buy) by Zacks ETF Center, making it a compelling investment choice.

Other options in the technology ETF space include Technology Select Sector SPDR ETF (XLK) and Vanguard Information Technology ETF (VGT), both tracking specific indices with assets over $66 billion each. With expense ratios of 0.09% and 0.10% respectively, these ETFs offer alternatives for investors seeking exposure to the technology sector.

For more information on IYW and other ETFs, visit Zacks ETF Center for the latest news, analysis, and investment recommendations. Sign up for the free Fund Newsletter for regular updates on top-performing ETFs and market trends. Download the Zacks Investment Research report on the 7 Best Stocks for the Next 30 Days for valuable insights.



Read more at Nasdaq: Should You Invest in the iShares U.S. Technology ETF (IYW)?