IWFH Profile
The
iShares Virtual Work and Life Multisector ETF (IWFH) is an
exchange-traded fund that seeks to track the investment results of the
Morgan Stanley Technology, Media and Telecom Index. This index is
designed to track the performance of U.S. companies that are engaged
in the virtual and remote work technology and services industry. The
ETF is focused on companies that have the potential to benefit from
the growing trend towards remote work, cloud computing, e-commerce,
online entertainment and education, and other virtual services.
The IWFH ETF was launched by BlackRock, the parent company of
iShares, in June 2020. As of September 2021, the ETF has net assets of
over $160 million and includes holdings in over 150 companies across
various sectors such as technology, e-commerce, cloud computing, and
online entertainment. Some of its top holdings include
Zoom Video
Communications, Shopify, Square, and
DocuSign.
The IWFH ETF offers investors exposure to the fast-growing virtual and
remote work technology and services industry. With the rise of remote
work and other virtual services due to the COVID-19 pandemic, the ETF
has seen increased interest from investors seeking to capitalize on
this trend. However, investors should be aware that the ETF may be
more volatile than other traditional technology or broad-based equity
ETFs due to its narrow focus on the virtual and remote work industry.
As with any investment, it is important for investors to conduct
their own research and understand the risks involved before investing
in the IWFH ETF. Additionally, investors should consider the ETF's
expense ratio, which is currently 0.47%, as well as any potential tax
implications of investing i
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