iShares Global Tech ETF (IXN) Valuation
IXN valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 32.9 trailing earnings
- Forward P/E
- 22.8 analyst estimates
- Price / sales
- 8.96
- Price / book
- 12.27
- EV / EBITDA
- 24.8
- Earnings yield
- 3.04% inverse of P/E
- Dividend yield
- 0.55% of the holdings
- Return on equity
- 37.3% combined
- Net margin
- 27.3% combined
- Beta
- 1.55 weighted, vs S&P 500
IXN valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IXN | 32.9 | 22.8 | 8.96 | 12.27 | 0.55% | 37.3% | 27.3% | 2.5% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
IXN valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 101.0% | 32.9 | 22.8 | 8.96 | 12.27 | 0.55% | 37.3% |
IXN earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How IXN weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IXN largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 14.09% | 27.1 | 24.9 | 17.1 | 0.47% | 21.59% |
| AAPL | Apple Inc. | 13.87% | 39.4 | 35.2 | 10.7 | 0.31% | 14.61% |
| MSFT | Microsoft Corporation | 10.22% | 29.5 | 25.1 | 11.8 | 0.74% | 14.39% |
| 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 4.60% | — | — | — | — | — |
| AVGO | Broadcom Inc. | 4.16% | 43.3 | 19.4 | 17.6 | 0.79% | 3.99% |
| MU | Micron Technology, Inc. | 3.98% | 11.8 | 7.0 | 7.5 | 0.07% | 13.95% |
| AMD | Advanced Micro Devices, Inc. | 3.45% | 134.9 | 39.5 | 20.9 | — | 1.06% |
| 005930 | Samsung Electronics Co Ltd | 2.98% | — | — | — | — | — |
| ASML | ASML Holding N.V. | 2.34% | — | — | — | — | — |
| 000660 | SK Hynix Inc | 2.13% | — | — | — | — | — |
| PLTR | Palantir Technologies Inc. | 1.80% | 160.4 | 85.5 | 72.6 | — | 0.47% |
| CSCO | Cisco Systems, Inc. | 1.72% | 32.2 | 19.8 | 6.7 | 1.56% | 2.21% |
| INTC | Intel Corporation | 1.69% | — | 63.3 | 8.3 | — | −1.65% |
| AMAT | Applied Materials, Inc. | 1.22% | 35.3 | 23.4 | 10.5 | 0.52% | 1.43% |
| LRCX | Lam Research Corporation | 1.16% | 45.8 | 33.7 | 14.2 | 0.50% | 1.05% |
| PANW | Palo Alto Networks, Inc. | 1.10% | 855.0 | 94.3 | 24.4 | — | 0.05% |
| TXN | Texas Instruments Incorporated | 1.03% | 42.1 | 27.5 | 13.0 | 2.20% | 1.01% |
| SAP | SAP SE | 1.00% | — | — | — | — | — |
| CRWD | CrowdStrike Holdings, Inc. | 0.97% | — | 208.3 | 43.1 | — | 0.01% |
| IBM | International Business Machines Corporation | 0.94% | 20.6 | 17.4 | 3.2 | 2.91% | 1.89% |
| ORCL | Oracle Corporation | 0.84% | 20.1 | 17.8 | 5.4 | 1.56% | 1.74% |
| CRM | Salesforce, Inc. | 0.84% | 22.0 | 14.0 | 4.5 | 0.73% | 1.58% |
| SHOP | Shopify Inc | 0.82% | — | — | — | — | — |
| ADI | Analog Devices, Inc. | 0.78% | 47.0 | 23.2 | 13.8 | 1.11% | 0.68% |
| KLAC | KLA Corporation | 0.77% | 45.3 | 34.8 | 15.9 | 0.56% | 0.71% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About IXN valuation
Adding up its 75 holdings with company data, IXN trades at 32.9 times trailing earnings and 22.8 times analysts' forward estimates, with a price-to-book ratio of 12.27 and a dividend yield of 0.55%. Its earnings yield of 3.04% is 2.28 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.8% of the fund and earn 72.0% of its combined profit. Companies that lost money over the past year are 2.5% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 78.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IXN chart, IXN performance, IXN holdings, IXN dividends.
IXN valuation FAQ
What is the P/E ratio of IXN?
Based on its holdings, IXN has a trailing P/E of 32.9 and a forward P/E of 22.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IXN?
The trailing earnings yield is 3.04% (1 ÷ P/E) and the forward earnings yield 4.39%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IXN more expensive than the S&P 500?
IXN trades at 32.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.8 and 19.9.
What is the price-to-book ratio of IXN?
The holdings of IXN trade at 12.27 times book value, with a combined return on equity of 37.3%.