Tech companies worldwide
Pure tech sector: the IT companies inside the developed-world index. Microsoft, Apple and Nvidia alone are about half the fund. Even more tech-concentrated than the Nasdaq 100. Launched in 2024, so very little price history.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Pure-play developed-world tech exposure
- Very low fee (0.18%) for a sector fund
- Excludes Tesla, Amazon: only 'real' IT companies
- Less than 2 years of price history: unknown in downturns
- Microsoft + Apple + Nvidia = roughly half the fund
- Quoted in pence: extra FX hop from USD
About this fund
Newer fund (listed Jan 2024) - less than 2 years of price history. Heavily concentrated in Microsoft, Apple, Nvidia.
Available on Interactive Brokers
Low-cost access to Tech companies worldwide and 10,000+ funds worldwide.
Frequently asked questions
Is WITS.L accumulating or distributing?
iShares MSCI World IT Sector Advanced UCITS ETF (WITS.L) is a distributing ETF, so it pays its dividends out to you as cash, usually a few times a year. If you would rather have dividends reinvested automatically, look for an accumulating share class of the same index.
What is the annual fee (TER) for WITS.L?
WITS.L has a total expense ratio (TER) of 0.18% per year. On a $10,000 holding that is roughly $18 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy WITS.L on Interactive Brokers?
Yes. WITS.L trades on LSE, GBP and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does WITS.L invest in?
iShares MSCI World IT Sector Advanced UCITS ETF (WITS.L) tracks the MSCI World Information Technology. Pure tech sector: the IT companies inside the developed-world index. You buy one fund and get the whole basket in a single trade.
Is WITS.L a UCITS ETF, and where is it domiciled?
Yes, WITS.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is WITS.L?
On the TickerCompare 1 to 5 scale, WITS.L is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.