2024-07-12 10:29:28 ET
Summary
- iShares Global Tech ETF offers targeted access to technology stocks from around the world.
- Despite having some global stocks, it is virtually indistinguishable from the US-focused Technology Select Sector SPDR® Fund ETF.
- It has an 80% concentration in US stocks and a 46% weighting in Microsoft, Nvidia and Apple.
- That doesn't make it a bad fund, but it might not be that attractive if you already have US technology exposure.
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For further details see:
IXN: A Global Fund Concentrated In U.S. Tech