Data as of Oct 28, 2026.

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IXN vs IYW: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IXN returned +30.8% to IYW's +23.2%; 70% of their weight is in the same names.

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Net assets: $9.5bn on Oct 28, 2026 for iShares Global Tech ETF, and $25.0bn on Oct 27, 2026 for iShares U.S. Technology ETF.

At a glance
+30.8%
IXN total return, 1 year
+23.2%
IYW total return, 1 year
0.37%
IXN expense ratio
0.37%
IYW expense ratio

Pair scorecard

Both cost 0.37% a year; their one-year returns differ by 7.6 points; IYW is 2.7 times larger.

Points (pts) are percentage points.

IXN vs IYW: Differences, Returns & Fees
MeasureIXNIYW
Return
Total return, 1 year+30.8%+23.2%
Drawdown
Below its high5.9%, high on Oct 6, 20265.5%, high on Oct 6, 2026
Benchmark
What it tracksS&P Global 1200 Information Technology 4Russell 1000 Technology RIC 22
Cost and size
Expense ratio0.37%0.37%
Net assets, as of Oct 26, 2026$9.2bn$24.6bn
Holdings
Holdings in common70%
Top ten holdings, share of the fund60.1%65.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Dec 7, 2001 to Oct 23, 2026 · 1,298 weekly returns
IXN IYW
Return
Total return edge IYW +1,571.0% +1,928.7%
Annualized edge IYW (slight) +11.9% +12.8%
Price return edge IYW +1,292.2% +1,649.2%
Risk
Volatility edge IXN (slight) 22.0% 22.6%
Max drawdown edge IXN (slight) −54.0% −55.7%
Risk-adjusted
Sharpe edge IYW (slight) 0.54 0.57
Sortino edge IYW (slight) 0.78 0.83
Calmar edge IYW (slight) 0.22 0.23
Reading

IYW returned more: +1,928.7% to +1,571.0%. IXN swung slightly less: 22.0% to 22.6%. IXN fell slightly less at its worst: −54.0% to −55.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IXN vs IYW: Differences, Returns & Fees
MeasureIXNIYWEdgeHow it is measured
Return
Total return+1,571.0%+1,928.7%IYWPrice change plus distributions, reinvested.
Annualized+11.9%+12.8%IYW (slight)Total return as a yearly rate.
Price return+1,292.2%+1,649.2%IYWPrice change alone, distributions left out.
Risk
Volatility22.0%22.6%IXN (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation15.3%15.4%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−54.0%−55.7%IXN (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.540.57IYW (slight)Return above Treasury bills per unit of volatility.
Sortino0.780.83IYW (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.220.23IYW (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,298 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

70%

By the books each fund has filed, IXN and IYW hold 70% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

70% in common

Positions both hold · largest shared weight first IXN IYW
NVIDIA 13.39% 16.81%
APPLE 12.86% 16.60%
MICROSOFT 10.02% 13.07%
BROADCOM INC 4.13% 3.14%
ADVANCED MICRO DEVICES 3.51% 3.04%
MICRON TECHNOLOGY 4.03% 2.73%
INTEL CORPORATION 1.79% 2.12%
PALANTIR TECHNOLOGIES CLASS A 1.76% 2.18%
PALO ALTO NETWORKS 1.26% 1.60%
APPLIED MATERIAL INC 1.21% 1.55%
LAM RESEARCH 1.16% 1.49%
TEXAS INSTRUMENT 1.08% 1.39%
Only in one fund ↓
Only in IXN
TAIWAN SEMICONDUCTOR MANUFACTURING 4.52%
SAMSUNG ELECTRONICS LTD 2.94%
ASML HOLDING 2.43%
SK HYNIX 2.28%
CISCO SYSTEMS INC 1.69%
SAP 0.93%
SHOPIFY SUBORDINATE VOTING CLASS A 0.77%
ARISTA NETWORKS 0.75%
Only in IYW
META PLATFORMS CLASS A 3.02%
ALPHABET CLASS A 2.38%
ALPHABET CLASS C 1.92%
SNOWFLAKE 0.56%
CLOUDFLARE CLASS A 0.52%
DOORDASH CLASS A 0.32%
APPLOVIN CLASS A 0.31%
STRATEGY INC CLASS A 0.25%
Check overlap with more funds →

Side by side

IXN iShares Global Tech ETF IYW iShares U.S. Technology ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of U.S. Technology
Total return, 1 year +30.8% +23.2%
Its benchmark over the same days not measured +13.1% (IWB)
Gap to its benchmark not measured +10.1 pts vs IWB
Expense ratio 0.37% 0.37%
Already in the S&P 500 75.1% 94.3%
Holdings 133 150
Net assets, IXN as of Oct 28, 2026 and IYW as of Oct 27, 2026 $9.5bn $25.0bn

IXN and IYW on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-80CAFDA557

IXN and IYW are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IXN follows S&P Global 1200 Information Technology 4 and IYW follows Russell 1000 Technology RIC 22.
  2. One-year total return. Over 1 year to Oct 28, 2026 IXN returned +30.8% and IYW +23.2% with distributions reinvested, a gap of 7.6 points.
  3. Holdings in common (similar). 70% of the weight is in the same securities (holdings dated Oct 27, 2026).

Data as of Oct 28, 2026.

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About each fund
IXN

IXN tracks an index. Over the year to Oct 28, 2026 it returned +30.8% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 75% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 60.1%. It sat 5.9% below its high of Oct 6, 2026 on Oct 28, 2026.

IYW

IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 65.1%. It sat 5.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IXN or IYW?
In the year to Oct 28, 2026, with distributions reinvested, IXN returned +30.8% and IYW +23.2%.
Which is cheaper, IXN or IYW?
Neither: IXN and IYW both charge 0.37% a year. Fees come from each fund's prospectus.
How much do IXN and IYW overlap with the S&P 500?
By their latest filed holdings, 75% of IXN and 94% of IYW by weight is stocks the S&P 500 already holds.
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ETFIQ, IXN against IYW, data as of Oct 28, 2026. https://etfiq.com/compare/any/ixn-vs-iyw

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