Xtrackers MSCI USA Information Technology

ETF description

This ETF is designed to provide investors with exposure to companies in the information technology sector in the United States. It tracks a range of well‑known technology companies involved in areas such as software, hardware, cybersecurity, and telecommunications. By investing in this ETF, you are essentially buying shares in a diversified group of tech firms that are at the forefront of innovation and development in the digital age.

This ETF may appeal to investors who are interested in the growth potential of the technology sector, which has been a significant driver of economic expansion in recent years. It offers a way to invest in established companies that are leading the way in tech advancements, alongside newer firms that may be rapidly expanding.

Issuer details

Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.

Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

Index details

The MSCI USA Information Technology 20 – 35 Custom Index aims to reflect the performance of large and mid cap companies from USA part of the Information Technology sector as classified by GICS, weighted by free‑float adjusted market capitalization with the largest group entity in the index limited to 35% and the weight of the other entities limited to 20% with a buffer of 10% applied on these limits at each index rebalancing.