Summary
IXN Chart
IXN: Big Tech Is Still Worth Holding Long Term
iShares Global Tech ETF is rated a hold due to strong long-term growth potential despite volatility and uncertainty from tariff policies. IXN's top holdings, Apple, Microsoft, and Nvidia, are mitigating tariff impacts through diversification and strategic actions, positioning each company for solid long-term returns. IXN has lagged behind competitors like QQQ, VGT, and XLK in 10-year average annual returns, and its higher expense ratio is a notable downside.
IXN: Offers Concentrated Growth That's Comparable To The Nasdaq 100
IXN offers global tech exposure, focusing on electronics, software, hardware, and international tech firms, but has underperformed its benchmark by ~20-30bps. Heavy semiconductor exposure (40.56%) and top holdings in Apple (19.21%) and Microsoft (17.34%) drive significant growth, closely tracking the Nasdaq 100. IXN comes with higher cost (41bps) compared to passive index funds like QQQM, which offers more diversification and less concentration in Apple and Nvidia.
This 1 Simple ETF Could Turn $900 a Month Into $1.2 Million
Technology stocks and compounding are powerful wealth builders.
iShares Global Tech ETF Dividends
 IXN 11 Jun 2024 Paid | Semi Annual | $0.16 Per Share |
| IXN 20 Dec 2023 Paid | Semi Annual | $0.21 Per Share |
| IXN 7 Jun 2023 Paid | Semi Annual | $0.17 Per Share |
| IXN 13 Dec 2022 Paid | Semi Annual | $0.19 Per Share |
| IXN 9 Jun 2022 Paid | Semi Annual | $0.18 Per Share |
iShares Global Tech ETF Earnings
| IXN 11 Jun 2024 Paid | Semi Annual | $0.16 Per Share |
| IXN 20 Dec 2023 Paid | Semi Annual | $0.21 Per Share |
| IXN 7 Jun 2023 Paid | Semi Annual | $0.17 Per Share |
| IXN 13 Dec 2022 Paid | Semi Annual | $0.19 Per Share |
| IXN 9 Jun 2022 Paid | Semi Annual | $0.18 Per Share |
iShares Global Tech ETF (IXN) FAQ
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iShares Global Tech ETF Profile
| ARCA Exchange | US Country |
Overview
The described entity is a financial instrument focused on the information technology sector, providing a way to invest in some of the world's leading technology companies. This instrument is built to track the performance of a specific index comprised of global equities within the technology domain. It promises to allocate at least 80% of its assets directly into the securities that form the backbone of its underlying index. These investments are chosen because they mirror the economic characteristics of the tech sector's equity components that the index represents, aiming to deliver a comprehensive exposure to the information technology sector. To achieve diversification and potentially enhance returns, it also allows for up to 20% of its assets to be invested in derivatives such as futures, options, swap contracts, and in liquid assets like cash and cash equivalents. Despite its focus on a broad sector, the fund is classified as non-diversified, meaning it may concentrate its investments more heavily in fewer securities than a diversified fund.
Products and Services
Given the focus and operation model of the described investment vehicle, the products and services offered can be inferred as follows:
- Equity Investments in Information Technology
This service involves the core of the fund’s activity, which is investing in the equities that are a part of its underlying information technology index. This service is designed for investors looking to gain exposure to the tech sector globally, leveraging the growth and performance of leading technology firms.
- Derivative Investments
As part of its strategy to manage risk and potentially enhance returns, the fund offers investment opportunities in derivatives such as futures, options, and swap contracts. This allows for a broader investment strategy that can include hedging against market volatility or speculating on future movements of technology equities.
- Liquidity Management
Investment in cash and cash equivalents constitutes a service intended to provide liquidity and safety for the fund’s assets. This allocation allows the fund to manage day-to-day operations effectively, meet redemption requests, and take advantage of new investment opportunities as they arise.
Contact Information
