iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IUIT)

Profile

https://oci-global.com

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) is an exchange-traded fund managed by BlackRock that tracks the S&P 500 Capped 35/20 Information Technology Index, delivering total returns from capital appreciation and reinvested income in the U.S. information technology sector. Launched on 20 November 2015 and domiciled in Ireland, this accumulating ETF reinvests dividends to enhance share price growth, features a low total expense ratio of 0.15% per annum, and manages over EUR 12 billion in assets. It uses a physical replication method with long-only positions in nearly 70 large-cap technology equities, unhedged to currency risk, and denominated in USD. Top holdings like NVIDIA (22.67%), Apple (18.13%), and Microsoft (16.33%) dominate, accounting for about 76% of the portfolio, spanning semiconductors, software, and hardware subsectors. This ETF provides targeted exposure to the innovative U.S. tech industry, a key driver of global market growth and technological advancement.