Australian (ASX) Stock Market Forum

Constituents of XIJ - S&P/ASX 200 Information Technology

Re: Constituents of XIJ - S&P/ASX200 Information Technology

That would be about it. Yes.

CPU and IRE

Tim
 
'Market Matters' likes prospects of local tech if you can pick the right ones. They suggest a few.

Is it time to tweak tech exposure as volatility lifts?
Yesterday saw weakness in Wisetech (WTC) drag the local tech sector down ~3%, but it still remains the standout performer of 2024, surging 39% compared to the materials sector, which has fallen 9.4%. Gains have been relatively broad-based, with only Megaport (MP1) and Data#3 Ltd (DTL) & Audinate (AD8) down year-to-date. We may not have the glamourous big tech names of the US, such as the Magnificent Seven, but it may surprise many to know the NASDAQ is only up 21% in 2024, i.e. ASX tech is outperforming the US.
  • We are bullish towards the local tech sector, but prudent stock selection will remain pivotal to portfolio returns.
MM believes the coming year 2025 will deliver some performance reversion
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ASX200 Sector Performance in 2024 – Source Bloomberg
LAST UPDATED 22/10/2024 09:06​
 
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