The iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IUIT) is an Ireland-domiciled equity ETF managed by BlackRock and traded on the London Stock Exchange.

The fund seeks to track the performance of the S&P 500 Capped 35/20 Information Technology Index NTR, a benchmark composed of S&P 500 companies classified within the information technology sector.

IUIT provides concentrated exposure to the U.S. information technology sector. The ETF follows a passive investment strategy and uses physical replication to track its benchmark. It operates under the UCITS framework and follows an accumulating income policy.

The S&P 500 Capped 35/20 Information Technology Index includes S&P 500 companies classified within the information technology sector under the Global Industry Classification Standard (GICS). 

Composition / Exposure Profile

IUIT primarily provides exposure to industries such as:

• Softwares.

• Semiconductors and semiconductor equipment.

• Technology hardware and equipment.

• IT services.

• Communications equipment.

• Electronic equipment and components.

The fund's geographic exposure is concentrated in the United States, as its eligible universe consists of information technology companies included in the S&P 500.

As a sector-specific ETF, IUIT has significantly greater exposure to technology than a fund tracking the broader S&P 500. Its performance is therefore particularly sensitive to movements in large U.S. technology companies and developments affecting the information technology sector.

Structure and Costs

IUIT trades in U.S. dollars on the London Stock Exchange. Both the fund's base currency and share class currency are the U.S. dollar.

The ETF has a total expense ratio (TER) of 0.15% per year and uses a physical structure with full replication. It is domiciled in Ireland, operates under the UCITS framework, is part of iShares V plc, and is managed by BlackRock Asset Management Ireland Limited.

IUIT is an accumulating share class, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IUIT) was launched in 2015 by BlackRock to provide concentrated exposure to the information technology sector of the U.S. equity market.

Since its launch, the fund has maintained a passive strategy linked to the S&P 500 Capped 35/20 Information Technology Index, tracking companies across different segments of the technology industry.

Throughout its history, the fund's performance has reflected cycles in the U.S. technology sector, including developments across software, semiconductors, digital infrastructure, and other industries within the S&P 500 information technology universe.

Additional Information

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $9.85 billion.

Over the past 12 months, iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) recorded a return of 31.08%, with its price trading between $36.83 and $55.58 during the same period.

The ETF is traded under the ticker IUIT.