iShares Global Tech ETF

IXN

市值 US$90.5億

iShares Global Tech ETF  IXN is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and has gained just 1% from its 52-week low price of $151.40 per share.

I reiterate a buy rating on iShares Global Tech ETF after a 34% gain and significant multiple compression. IXN now trades at a high-teens P/E, with a compelling 28.5% long-term EPS growth rate and increased global diversification. The ETF's concentrated portfolio and AI exposure present risks, but technicals and upcoming seasonality trends are supportive.

It's easy for investors to assume that everything interesting in the tech space is happening in the United States, but that is simply not the case. Frontier AI developers like Mistral in France and DeepSeek in China are among a growing number of firms advancing technology and threatening the dominance of U.S. companies.

New Chinese AI Model Kimi K3 is raising questions for established players. Investors are questioning whether AI industry still has pricing power.

IXN offers global exposure to leading tech companies driving the AI cycle, but current valuations already reflect significant optimism. I rate IXN a HOLD due to high concentration risk and stretched valuations, preferring a more attractive entry point or clearer AI-driven earnings growth. IXN's top 10 holdings make up nearly 60% of assets, amplifying both upside and downside tied to a handful of AI leaders.

SK Hynix surges after unveiling a $29.4 billion Nasdaq listing. See three tech ETFs with top exposure ahead of its July 10 US debut.

I reiterate a buy rating on iShares Global Tech ETF, citing a compelling valuation and strong recent momentum. IXN trades at under 18x earnings with a PEG ratio below 1, supported by a 19.1% long-term earnings growth rate. The ETF offers global large-cap tech exposure, with 25% international allocation and significant AI-driven growth potential.

As the 2026 market landscape takes shape, artificial intelligence (AI) continues to serve as the primary catalyst for global equity performance.  According to BlackRock's 2026 outlook, AI remains the “dominant theme” for the investment community, fueling a capital-intensive expansion that is fundamentally supporting corporate earnings and broader macroeconomic growth.

I recommend the iShares Global Tech ETF with a "Buy" rating, driven by robust global AI and IT investment trends into 2026. IXN offers diversified technology exposure but is top-heavy, with 62% of assets in its top 10 holdings, predominantly U.S. mega-cap tech. While IXN provides some international exposure, its heavy U.S. weighting may not sufficiently hedge against U.S. equity risk for global allocators.

BlackRock's extensive ETF lineup, comprising roughly 200 funds, is offering a broad view of how long-term thematic and sector exposures have evolved.