IYW 📈 iShares U.S. Technology - Overview

The iShares U.S. Technology ETF, listed on NYSE ARCA under the ticker IYW, is designed to track the performance of the technology sector within the U.S. equity market. To achieve this, the fund typically allocates at least 80% of its assets to the component securities of its underlying index, which is defined by FTSE Russell. This underlying index serves as a benchmark, measuring the overall performance of the technology sector in the U.S. equity market, providing investors with exposure to a broad range of technology companies.

As a non-diversified fund, the iShares U.S. Technology ETF may concentrate its investments in a smaller number of securities, which can include companies from various sub-sectors within the technology industry, such as software, hardware, semiconductors, and IT services. This concentration allows the fund to closely track the performance of the technology sector, as defined by its underlying index. The fund's structure as an exchange-traded fund (ETF) offers investors the flexibility to buy and sell shares throughout the trading day, providing liquidity and ease of access to the technology sector.

For more information about the iShares U.S. Technology ETF, including its investment objectives, strategies, and risks, investors can visit the company's website at http://www.ishares.com. The fund is domiciled in the United States and has the ISIN code US4642877215, categorizing it as a technology-focused ETF. This classification indicates that the fund's primary investment objective is to provide exposure to the technology sector, allowing investors to gain access to the growth potential of U.S. technology companies through a single investment vehicle.