IYW ETF — iShares U.S. Technology ETF

iShares U.S. Technology ETF (IYW)

IYW is an ETF that tracks the Dow Jones U.S. Technology Capped Index. As of September 3, 2026, its distribution rate is 0.11%, its trailing-12-month yield is 0.10%, its expense ratio is 0.37%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Total return is 971.3% over the past 26.3 years, 199.2 points ahead of SPY at 772.1%.

At the current 0.11% distribution rate, a $10,000 investment would generate approximately $11 per year, or $0.92 per month on an equivalent basis. Actual quarterly payments vary.

iShares U.S. Technology ETF tracks the Dow Jones U.S. Technology Capped Index, gaining exposure to U.S.-listed technology companies with a capped weighting structure to limit concentration in the largest names. The fund carries a very modest distribution rate, pays distributions quarterly, and has an expense ratio of 0.38%. It appeals to investors seeking broad technology sector exposure with a disciplined, capped index methodology rather than market-cap-weighted concentration.

IYW performance versus SPY

Data as of September 3, 2026.

Total return is 971.3% over the past 26.3 years, 199.2 points ahead of SPY at 772.1%. Its deepest 1-year drawdown was 17.8%.

IYW key facts

Data as of September 3, 2026.

Distribution Safety Score™

77 · Generally safe

Safety-Adjusted Yield

0.08%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

05/15/2000

Expense ratio

0.37%

Distribution rate

0.11%

Distribution frequency

Quarterly

Trailing yield

0.10%

Last close

$252.54

NAV

$248.36

Premium / discount

1.68% premium

AUM

$24,706,069,380

Market cap

$4,510,372,864

Average volume

312987.0

Last dividend

$0.0718

Last ex-dividend date

06/15/2026

Last payment date

06/18/2026

Beta

1.47

P/E ratio

29.4036

How Dividend Vision calculates yield and returns

Distribution rate (0.11%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.10%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: iShares or company page; Index: Dow Jones U.S. Technology Capped Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IYW risks and drawbacks

IYW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 17.8%.

Who may consider IYW — and who may not

It is a weaker fit for investors who need monthly cash flow (IYW pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare IYW

IYW vs similar funds:

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• IYW vs XLK

Frequently asked questions

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