IETC

iShares Evolved U.S. Technology ETF
*Unless otherwise stated, data provided by FactSet.

IETC Fund Description

IETC is an actively-managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the technology sector, according to an alternative classification system defined by machine learning algorithms.

IETC Factset Analytics Insight

IETC provides exposure to US technology companies as part of a suite of alternative sector funds from iShares. The suite, which is actively-managed but follows a rules-based methodology, redefines the US market into “evolved” sectors by using artificial intelligence to scan through annual reports and identify groups of similar firms. The methodology weights holdings by market cap, but allows a single company’s weight to be split proportionally between funds (say, 70% in one and 30% in another) if it doesn’t fit neatly into one sector. Classifications are reviewed quarterly, and the sectors may change over time. The suite offers an intriguing alternative for those who want market-weighted sector exposure, though the results can be markedly conventional in some sectors.

PERFORMANCE [as of 07/01/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IETC -7.88% -22.84% -30.24% -22.08% 13.96% -- --
IETC (NAV) -7.83% -22.70% -30.12% -21.96% 14.03% -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI Information Technology -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IETC Summary Data

Blackrock
iShares
03/21/18
Open-Ended Fund
0.18%
$97.50M
$559.57K
0.11%

IETC Portfolio Data

$959.12B
30.87
8.10
1.07%
09/26/22
254

IETC Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI Information Technology

IETC Portfolio Management

0.18%
--
--
--

IETC Tax Exposures

20.00% / 39.60%
0.22%
Qualified dividends
No

IETC Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

IETC Factset Analytics Block Liquidity

As of 07/04/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IETC. IETC is rated a 5 out of 5.

IETC Tradability

12,495
$559.57K
9,657
$421.17K
0.11%
$0.05
0.02%
0.24% / -2.36%
None
99.00%
50,000
0.19
0.05%
0.00%
6
$42.65
5

IETC Sector/Industry Breakdown


IETC
Segment Benchmark
53.10%
--
26.59%
--
6.98%
--
5.59%
--
2.67%
--
1.20%
--
0.75%
--
0.71%
--
0.59%
--
0.52%
--

IETC Top 10 Holdings[View All]

Apple Inc. 12.16%
56.83%

IETC Countries


IETC
Segment Benchmark
100.00%
--

IETC Regions


IETC
Segment Benchmark
100.00%
--

IETC Economic Development


IETC
Segment Benchmark
100.00%
--

IETC Performance Statistics

--
--
--
--
--
MSCI USA IMI Information Technology

IETC Benchmark Comparison Holdings

254
--
--
--

IETC Benchmark Comparison Summary


IETC
Segment Benchmark
254
--
$959.12B
--
30.87
--
8.10
--
0.66%
--
High
--

IETC Benchmark Comparison Market Cap Size


IETC
Segment Benchmark
95.63%
--
4.29%
--
0.08%
--
0.00%
--