Meet the Unstoppable BlackRock ETF Obliterating the S&P 500, the Nasdaq-100, and the Dow Jones Right Now
The iShares Expanded Tech Sector ETF has delivered a 62% one-year gain, outperforming major U.S. stock market indexes. The ETF's significant exposure to the artificial intelligence boom and its holdings in top tech stocks like Nvidia and Broadcom have driven its success.
The iShares Expanded Tech Sector ETF, issued by BlackRock, has achieved a 62% one-year gain, surpassing the returns of major U.S. stock market indexes. The ETF provides exposure to American technology and technology-related companies, with a significant focus on the artificial intelligence industry. It holds 288 stocks across 12 sub-sectors of the technology industry, with over 30% of its portfolio invested in semiconductor stocks. Top holdings include Nvidia, Broadcom, Advanced Micro Devices, and Micron Technology, which have a combined market capitalization of $7.7 trillion. These stocks have delivered an average return of 126% over the last 12 months, driving the ETF's performance. The ETF has consistently outperformed the S&P 500 since its inception in 2001, with a compound annual return of 11.1% compared to the S&P 500's 8.5%.
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