IYW ETF: A Long-Term Winner in the Tech Sector

Looking for a long-term winner in the tech sector? Look no further than The iShares U.S. Technology ETF (NYSEARCA:IYW). Not only has this $10.7 billion tech ETF from BlackRock’s (NYSE:BLK) iShares posted double-digit annualized returns for years, but as of the end of the most recent month, it sported an annualized return of over 20% over the past decade. Therefore, let’s take a closer look at this powerhouse tech ETF. 

What is the IYW ETF’s Strategy?

IYW seeks to give investors “targeted access to domestic technology stocks” by investing in U.S.-based information technology, electronics, and computer software and hardware companies.