- ISIN
- US4642877215
- CUSIP
- 464287721
- Issuer
- iShares
- Inception Date
- May 19, 2000
- Region
- North America (U.S.)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Russell 1000 Technology RIC 22.5/45 Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $25B
Share Price Chart
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Performance
IYW Performance Chart
iShares U.S. Technology ETF (IYW) is up 26.9% since the beginning of the year. IYW is currently trading at $253 per share. Investors who bought $1,000 worth of IYW shares 5 years ago would now be looking at an investment worth $2,642.
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Returns By Period
iShares U.S. Technology ETF (IYW) has returned 26.93% so far this year and 54.53% over the past 12 months. Looking at the last ten years, IYW has achieved an annualized return of 26.44%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
iShares U.S. Technology ETF
- 1D
- -0.11%
- 1M
- 4.79%
- YTD
- 26.93%
- 6M
- 26.17%
- 1Y
- 54.53%
- 3Y*
- 33.87%
- 5Y*
- 21.45%
- 10Y*
- 26.44%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IYW Monthly Returns History
Based on dividend-adjusted daily data since May 19, 2000, IYW's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.
Historically, 61% of months were positive and 39% were negative. The best month was Oct 2001 with a return of +21.6%, while the worst month was Feb 2001 at -29.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IYW closed higher 55% of trading days. The best single day was Jan 3, 2001 with a return of +17.8%, while the worst single day was Mar 16, 2020 at -13.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.66% | -4.43% | -4.27% | 20.22% | 15.96% | 0.17% | 26.93% | ||||||
| 2025 | 0.09% | -3.14% | -9.15% | 1.70% | 10.80% | 9.55% | 4.64% | 0.26% | 7.77% | 6.16% | -4.44% | 0.53% | 25.38% |
| 2024 | 2.93% | 5.49% | 1.39% | -5.10% | 8.16% | 8.62% | -2.77% | 0.98% | 2.69% | -0.61% | 5.73% | 0.16% | 30.25% |
| 2023 | 11.01% | 0.74% | 11.54% | 0.25% | 10.80% | 5.67% | 4.41% | -1.94% | -5.80% | -1.14% | 13.06% | 4.81% | 65.44% |
| 2022 | -8.33% | -4.86% | 2.94% | -13.05% | -1.43% | -9.39% | 11.49% | -6.02% | -12.28% | 4.12% | 6.58% | -8.34% | -34.83% |
| 2021 | 0.82% | 1.33% | 1.01% | 6.11% | -0.64% | 7.59% | 3.81% | 4.87% | -6.37% | 9.00% | 2.68% | 1.42% | 35.44% |
Benchmark Metrics
iShares U.S. Technology ETF has an annualized alpha of 2.93%, beta of 1.21, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since May 19, 2000.
- This ETF captured 153.48% of S&P 500 Index gains and 129.04% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 2.93% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.93%
- Beta
- 1.21
- R²
- 0.72
- Upside Capture
- 153.48%
- Downside Capture
- 129.04%
Expense Ratio
IYW has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IYW ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares U.S. Technology ETF (IYW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IYW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 2.78 | +0.29 |
| Martin ratioReturn relative to average drawdown | 9.84 | 12.44 | -2.60 |
Dividends
Dividend History
iShares U.S. Technology ETF provided a 0.10% dividend yield over the last twelve months, with an annual payout of $0.26 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.28 | $0.33 | $0.42 | $0.38 | $0.36 | $0.47 | $0.42 | $0.37 | $0.33 | $0.34 | $0.30 |
Dividend yield | 0.10% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.28 |
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.33 |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.16 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.38 |
| 2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares U.S. Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares U.S. Technology ETF was 81.90%, occurring on Oct 9, 2002. Recovery took 3597 trading sessions.
The current iShares U.S. Technology ETF drawdown is 2.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -81.90%Oct 2002 | 2y 2mo | 14y 3mo | 16y 6moJul 2000 - Jan 2017 |
Bear market2022 | -39.44%Nov 2022 | 10mo 10d | 1y 17d | 1y 10moDec 2021 - Nov 2023 |
COVID crash2020 | -30.47%Mar 2020 | 1mo 2d | 2mo 14d | 3mo 16dFeb 2020 - Jun 2020 |
2025 selloff2025 | -26.47%Apr 2025 | 1mo 18d | 2mo 17d | 4mo 5dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -23.96%Dec 2018 | 3mo 26d | 2mo 27d | 6mo 23dAug 2018 - Mar 2019 |
Drawdown Indicators
| IYW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.90% | -56.78% | -25.12% |
Max Drawdown (1Y)Largest decline over 1 year | -17.81% | -9.10% | -8.71% |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | -18.90% | -7.57% |
Max Drawdown (5Y)Largest decline over 5 years | -39.44% | -25.43% | -14.01% |
Max Drawdown (10Y)Largest decline over 10 years | -39.44% | -33.92% | -5.52% |
Current DrawdownCurrent decline from peak | -2.53% | -1.80% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -34.60% | -10.71% | -23.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.56% | 2.03% | +3.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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