iShares U.S. Tech Independence Focused ETF (IETC)

Key Metrics

TER 0.18% per year

Distribution policy Distributing

Fund size USD 668 M

Inception date March 20, 2018

Holdings 105

Fund currency USD

Fund domicile US

Provider iShares

For full official fund details, factsheets, and holdings, visit ishares.com (opens in new tab).

Historical Return

Last updated: Oct 01, 2026

1 Year +11.6% +0.3% Div

3 Years (avg.) +28.6% +0.3% Div

5 Years (avg.) +15.1% +0.3% Div

Risk & Analysis Metrics

Last updated: Oct 01, 2026

Volatility

23.74% 1 Year

23.04% 3 Years

24.87% 5 Years

25.22% 10 Years

Max Drawdown

-21.36% 1 Year

-25.23% 3 Years

-38.92% 5 Years

-38.92% 10 Years

Sharpe Ratio

0.35 1 Year

0.97 3 Years

0.50 5 Years

0.67 10 Years

Return Triangle (Heatmap)

Last updated: Oct 01, 2026

	2018	2019	2020	2021	2022	2023	2024	2025
2018	-4.6%	15.8%	24.3%	25.9%	10.7%	16.8%	19.8%	19.7%
2019		40.7%	41.9%	38.1%	15.0%	21.7%	24.5%	23.7%
2020			43.1%	36.9%	7.5%	17.3%	21.5%	21.1%
2021				30.9%	-6.8%	9.8%	16.6%	17.1%
2022					-33.7%	0.6%	12.2%	13.9%
2023						52.5%	45.9%	36.4%
2024							39.6%	28.9%
2025								19.1%

Distributions

*by ETF Portfolio Weight Last updated: Oct 01, 2026

Profit Margin Distribution

< 0%

1y 3y N/A N/A

0 - 5%

1y 3y N/A N/A

5 - 10%

1y 3y N/A N/A

10 - 15%

1y 3y N/A N/A

15 - 20%

13%

1y 3y N/A N/A

20 - 30%

20%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

47%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

1y 3y N/A N/A

10 - 15

1y 3y N/A N/A

15 - 20

16%

1y 3y N/A N/A

20 - 25

12%

1y 3y N/A N/A

25 - 35

21%

1y 3y N/A N/A

35 - 50

19%

1y 3y N/A N/A

> 50

28%

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

0.0%

1y 3y N/A N/A

Mid Cap

0.2%

1y 3y N/A N/A

Large Cap

28.8%

1y 3y N/A N/A

Mega Cap

71.0%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Oct 04, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$904B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	0.73%	2.02%
Beta Indicates the relationship between the price performance of a share and the market.	1.35	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	49.7	23.08
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-75.61	-
Profitable Companies	81%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	1343.76	19.24
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	6.86	9.85
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	14.45	12.6

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	46.54	11.97
Enterprise Value to Revenue Enterprise value divided by revenue	7.07	13.3
Total Debt to Enterprise Value Total debt divided by enterprise value	0.08	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	0.58	0.32
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	20.51%	21.62%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	-	+55.1%
Return on Equity Equity divided by market cap.	49.23%	1.73%
Return on Assets Indicates a company's profitability in relation to its total assets.	14.23%	3.97%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	26.01%	3.60%

Sectors

Manufacturing	52.9%
Information	27.8%
Professional, Scientific, and Technical Services	6.7%
Retail Trade	5.1%
Finance and Insurance	2.0%
Administrative and Support and Waste Management and Remediation Services	1.6%
Industrials	0.5%
Wholesale Trade	0.4%
Health Care and Social Assistance	0.2%
Technology	0.1%
Other	2.8%

Countries

United States	98.7%
Singapore	0.6%
Cayman Islands	0.3%
Australia	0.3%
Germany	0.2%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

NVIDIA Corp

NVDA - Manufacturing

Market Cap $5.67T

P/E Ratio 29.4

Dividends 0.2%

Total Investment $87.8M

Weight 13.14%

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Broadcom Inc - 8% PRF CONVERT 30/09/2022 USD 1000 - Ser A

AVGOP - Manufacturing

Market Cap $1.69T

P/E Ratio 44.1

Dividends 0.7%

Total Investment $60.15M

Weight 9.00%

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Microsoft Corporation

MSFT - Information

Market Cap $3.84T

P/E Ratio 28.8

Dividends 0.7%

Total Investment $34.44M

Weight 5.15%

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Amazon.com Inc.

AMZN - Retail Trade

Market Cap $2.71T

P/E Ratio 20.0

Dividends 0.0%

Total Investment $32.57M

Weight 4.87%

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Micron Technology Inc.

MU - Manufacturing

Market Cap $1.21T

P/E Ratio 14.3

Dividends 0.0%

Total Investment $26.98M

Weight 4.04%

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Advanced Micro Devices Inc.

AMD - Manufacturing

Market Cap $1.03T

P/E Ratio 160.9

Dividends 0.0%

Total Investment $26.22M

Weight 3.92%

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Apple Inc

AAPL - Manufacturing

Market Cap $4.9T

P/E Ratio 38.1

Dividends 0.3%

Total Investment $24.35M

Weight 3.64%

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Alphabet Inc - Ordinary Shares - Class C

GOOG - Information

Market Cap $4.16T

P/E Ratio 16.9

Dividends 0.3%

Total Investment $21.93M

Weight 3.28%

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Palantir Technologies Inc - Ordinary Shares - Class A

PLTR - Information

Market Cap $433.38B

P/E Ratio 149.8

Dividends 0.0%

Total Investment $21.65M

Weight 3.24%

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Alphabet Inc - Ordinary Shares - Class C

GOOG - Information

Market Cap $4.16T

P/E Ratio 16.9

Dividends 0.3%

Total Investment $18.36M

Weight 2.75%

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Lam Research Corp.

LRCX - Manufacturing

Market Cap $434.56B

P/E Ratio 60.0

Dividends 0.3%

Total Investment $17.23M

Weight 2.58%

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Cisco Systems, Inc.

CSCO - Manufacturing

Market Cap $442.23B

P/E Ratio 33.4

Dividends 1.5%

Total Investment $16.82M

Weight 2.52%

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Oracle Corp.

ORCL - Information

Market Cap $409.89B

P/E Ratio 22.0

Dividends 1.4%

Total Investment $15.62M

Weight 2.34%

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Arista Networks Inc

ANET - Professional, Scientific, and Technical Services

Market Cap $261.09B

P/E Ratio 64.6

Dividends 0.0%

Total Investment $15.41M

Weight 2.31%

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Meta Platforms Inc - Ordinary Shares - Class A

META - Information

Market Cap $1.85T

P/E Ratio 27.1

Dividends 0.3%

Total Investment $14M

Weight 2.10%

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Fortinet Inc

FTNT - Information

Market Cap $132.77B

P/E Ratio 63.3

Dividends 0.0%

Total Investment $12.97M

Weight 1.94%

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International Business Machines Corp.

IBM - Professional, Scientific, and Technical Services

Market Cap $209.76B

P/E Ratio 19.4

Dividends 3.0%

Total Investment $12.89M

Weight 1.93%

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Verisign Inc.

VRSN - Professional, Scientific, and Technical Services

Market Cap $26.06B

P/E Ratio 31.2

Dividends 1.1%

Total Investment $11.18M

Weight 1.67%

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Moody`s Corp.

MCO - Administrative and Support and Waste Management and Remediation Services

Market Cap $76.44B

P/E Ratio 27.9

Dividends 0.9%

Total Investment $10.42M

Weight 1.56%

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Monolithic Power System Inc

MPWR - Manufacturing

Market Cap $70.73B

P/E Ratio 87.8

Dividends 0.5%

Total Investment $10.12M

Weight 1.51%

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Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

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Average metrics of all companies in portfolio

Sectors

Countries