Key stats
About iShares Future Cloud 5G and Tech ETF
Expense ratio
0.47%
Home page
Inception date
Jun 8, 2021
IDAT targets global digital infrastructure technology providers which are specifically identified by Morningstars research team as companies that benefit from having significant exposure to two primary themes: cloud computing and 5G. Eligible firms that meet size and liquidity screens are further evaluated based on their current and projected 5-, 10-, and 20-year revenue from cloud computing- and 5G-related businesses. Companies are then scored based on their given betas relative to each theme.The top 25 companies within each primary theme are selected and weighted by market-cap. Individual positions are capped at 2.5% weight. Holdings are rebalanced and reconstituted annually to have equal allocations on each primary theme group.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.