ETF List

IWFH

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IWFH

ETF full name: iShares Virtual Work and Life Mltsct ETF (IWFH)

Segment:  Equity: Global Remote Work

ETF provider: iShares

IWFH key details
Issuer BlackRock
Dividend  $0.05
Inception date 29 September 2020
Expense ratio 0.47%
Management company BlackRock Fund Advisors
Average 3-5 EPS N/A
Average Annualized Return 4.12%
Investment objective The iShares Virtual Work and Life Multisector ETF seek to track the investment results of an index composed of U.S. and non-U.S. companies that provide products, services, and technologies that empower individuals to work remotely.
Investment geography Global
Benchmark NYSE FactSet Global Virtual Work and Life Index
Leveraged N/A
Median market capitalization $98.30 billion
ESG rating BBB (6.22 / 10)
Number of holdings 75
Weighting methodology  Tiered

About the IWFH ETF

The IWFH fund’s inception was on 29 September 2020. The fund issuer is BlackRock, and it trades on the NYSE Arca under the ticker symbol IWFH. BlackRock Fund Advisors manage the fund.

The iShares Virtual Work and Life Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that provide products, services, and technologies that empower individuals to work remotely.

IWFH Fact-set analytics insight

The IWFH fund has a total of $4.86 million assets under management. Furthermore, the fund has an expense ratio of 0.47%. The WFH ETF follows a tiered weighting methodology, and it has a median market cap of $98.30 billion.  The WFH fund has an average spread of 0.21%.

IWFH performance analysis

IWFH performance analysis
Regarding performance, the IWFH ETF generated a year-to-date return of -18.07%. However, it has an annual return of 4.12%. IWFH has a price per earnings ratio of -704.25. The fund has an annual dividend of $0.05.

IWFH ETF RATING

Resource ETF DATABASE ETF.com MarketWatch Morningstar.com Money.usnews.com
IWFH Rating A+ N/A Quintile 5 (96th percentile) N/A N/A
IWFH ESG Rating 6.22 / 10 BBB

(6.22 / 10)

N/A N/A N/A

IWFH key holdings

The IWFH ETF has 75 holdings. The fund invests 65.22% of its assets in North America, 19.16% in the Asia Pacific, 12.89% in Europe, and 2.72% in the Middle East and Africa. The top ten holdings contribute 30.53% to the overall weighting.

Below is the list of the IWFH fund’s top ten holding companies.

Ticker Holding name % Of assets
NET Cloudflare Inc Class A 5.17%
TEAM Atlassian Corp. Plc Class A 4.02%
MSFT Microsoft Corporation 3.10%
NICE NICE Ltd 3.05%
NFLX Netflix, Inc. 3.04%
SE Sea Ltd. (Singapore) Sponsored ADR Class A 2.79%
DOCU DocuSign, Inc. 2.43%
SPOT Spotify Technology SA 2.37%
DHER Delivery Hero SE 2.29%
SMAR Smartsheet, Inc. Class A 2.28%

Industry outlook

The iShares Virtual work and life ETF is a multisector fund. The fund’s objective is to invest in industries with ties to the work-from-home sector. Its competitor Direxion Work from Home ETF, was also recently launched; however, the Direxion fund’s performance is better.

The IWFH also has a higher expense ratio of 0.47%. Furthermore, the fund’s annualized returns are running in the red, mainly due to the losses in the technology sector. However, analysts predict that the dip in the technology shares was due to the re-election of Jerome Powell as Fed chair and foresee stocks to increase during the holiday season.

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