etf comparison

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

etf comparison

Currency in USD · Last updated May 18, 2025

Asset Allocation

Position	Category/Sector	Target Weight
FTEC Fidelity MSCI Information Technology Index ETF	Technology Equities	8.33%
FTXL First Trust Nasdaq Semiconductor ETF	Technology Equities	8.33%
IETC iShares Evolved U.S. Technology ETF	Technology Equities, Actively Managed	8.33%
IGM iShares Expanded Tech Sector ETF	Technology Equities	8.33%
IXN iShares Global Tech ETF	Technology Equities	8.33%
PSI Invesco Dynamic Semiconductors ETF	Technology Equities	8.33%
PTF Invesco DWA Technology Momentum ETF	Technology Equities	8.33%
QQQ Invesco QQQ	Large Cap Blend Equities	8.33%
SOXX iShares PHLX Semiconductor ETF	Technology Equities	8.33%
SPXL Direxion Daily S&P 500 Bull 3X Shares	Leveraged Equities, Leveraged	8.33%
VGT Vanguard Information Technology ETF	Technology Equities	8.33%
XLK Technology Select Sector SPDR Fund	Technology Equities	8.33%

Benchmark

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Mar 23, 2018, corresponding to the inception date of IETC

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	1.30%	12.79%	1.49%	12.35%	15.12%	10.89%
etf comparison	-1.71%	23.93%	1.54%	10.18%	21.55%	N/A
Portfolio components:
SPXL Direxion Daily S&P 500 Bull 3X Shares	-7.08%	41.22%	-7.92%	16.23%	34.29%	21.70%
IXN iShares Global Tech ETF	0.70%	20.32%	4.52%	12.92%	19.74%	18.67%
FTXL First Trust Nasdaq Semiconductor ETF	-2.00%	27.14%	-0.72%	-6.14%	17.47%	N/A
SOXX iShares PHLX Semiconductor ETF	-0.97%	27.97%	1.20%	-6.01%	22.62%	22.14%
XLK Technology Select Sector SPDR Fund	1.20%	21.79%	3.05%	11.66%	20.73%	19.90%
PSI Invesco Dynamic Semiconductors ETF	-7.41%	27.55%	0.74%	-6.83%	19.65%	19.82%
FTEC Fidelity MSCI Information Technology Index ETF	-0.63%	22.11%	2.53%	16.51%	20.60%	19.80%
VGT Vanguard Information Technology ETF	-0.69%	21.99%	2.54%	16.42%	20.42%	20.05%
IETC iShares Evolved U.S. Technology ETF	2.91%	22.43%	8.67%	24.80%	21.08%	N/A
PTF Invesco DWA Technology Momentum ETF	-10.02%	18.50%	-6.29%	10.08%	18.22%	16.57%
IGM iShares Expanded Tech Sector ETF	1.47%	21.77%	5.15%	18.04%	19.83%	19.81%
QQQ Invesco QQQ	2.16%	17.43%	5.35%	16.14%	18.86%	17.81%

*Annualized

Monthly Returns

The table below presents the monthly returns of etf comparison, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2025	1.25%	-4.60%	-10.06%	-0.15%	13.31%								-1.71%
2024	1.84%	7.99%	2.95%	-5.98%	8.03%	7.67%	-2.67%	1.02%	2.10%	-2.18%	6.72%	-0.66%	28.90%
2023	11.65%	-0.38%	8.67%	-2.47%	9.52%	7.59%	4.47%	-2.84%	-7.48%	-3.97%	14.88%	7.70%	54.99%
2022	-10.70%	-3.76%	2.69%	-14.36%	0.73%	-12.57%	15.49%	-7.41%	-13.22%	6.85%	9.90%	-9.31%	-34.21%
2021	0.51%	4.06%	1.22%	4.39%	-0.25%	6.42%	2.46%	3.96%	-5.79%	8.61%	4.06%	2.92%	36.94%
2020	1.73%	-7.69%	-12.69%	16.60%	8.93%	6.38%	8.08%	9.11%	-4.69%	-2.59%	16.11%	6.31%	49.73%
2019	11.20%	6.34%	3.75%	7.55%	-11.06%	10.18%	4.49%	-2.64%	0.92%	4.53%	5.16%	5.15%	53.44%
2018			0.97%	-1.66%	8.02%	-1.42%	3.11%	6.57%	-1.47%	-10.98%	0.63%	-9.57%	-7.26%

Expense Ratio

etf comparison has an expense ratio of 0.40%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

SPXL

Direxion Daily S&P 500 Bull 3X Shares

FTXL

First Trust Nasdaq Semiconductor ETF

PTF

Invesco DWA Technology Momentum ETF

PSI

Invesco Dynamic Semiconductors ETF

IXN

iShares Global Tech ETF

SOXX

iShares PHLX Semiconductor ETF

IGM

iShares Expanded Tech Sector ETF

QQQ

Invesco QQQ

IETC

iShares Evolved U.S. Technology ETF

XLK

Technology Select Sector SPDR Fund

VGT

Vanguard Information Technology ETF

FTEC

Fidelity MSCI Information Technology Index ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of etf comparison is 12, meaning it’s performing worse than 88% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
SPXL Direxion Daily S&P 500 Bull 3X Shares	0.29	0.87	1.13	0.41	1.33
IXN iShares Global Tech ETF	0.42	0.86	1.12	0.56	1.73
FTXL First Trust Nasdaq Semiconductor ETF	-0.15	0.15	1.02	-0.12	-0.27
SOXX iShares PHLX Semiconductor ETF	-0.15	0.16	1.02	-0.11	-0.24
XLK Technology Select Sector SPDR Fund	0.38	0.82	1.11	0.53	1.65
PSI Invesco Dynamic Semiconductors ETF	-0.16	0.15	1.02	-0.14	-0.32
FTEC Fidelity MSCI Information Technology Index ETF	0.53	1.03	1.14	0.67	2.20
VGT Vanguard Information Technology ETF	0.54	1.02	1.14	0.67	2.19
IETC iShares Evolved U.S. Technology ETF	0.88	1.43	1.20	1.05	3.54
PTF Invesco DWA Technology Momentum ETF	0.26	0.74	1.09	0.37	0.96
IGM iShares Expanded Tech Sector ETF	0.62	1.14	1.16	0.77	2.48
QQQ Invesco QQQ	0.64	1.12	1.16	0.78	2.53

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

etf comparison Sharpe ratios as of May 18, 2025 (values are recalculated daily):

1-Year: 0.29
5-Year: 0.75
All Time: 0.67

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.57 to 1.05, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of etf comparison compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

etf comparison provided a 0.49% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.49%	0.46%	0.62%	0.75%	0.41%	0.52%	0.83%	0.98%	0.93%	0.79%	0.72%	0.95%
Portfolio components:
SPXL Direxion Daily S&P 500 Bull 3X Shares	0.86%	0.74%	0.98%	0.33%	0.11%	0.22%	0.84%	1.02%	3.88%	0.00%	0.00%	0.00%
IXN iShares Global Tech ETF	0.42%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%	1.14%
FTXL First Trust Nasdaq Semiconductor ETF	0.50%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.70%	0.47%	0.12%	0.00%	0.00%
SOXX iShares PHLX Semiconductor ETF	0.70%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%	1.56%
XLK Technology Select Sector SPDR Fund	0.66%	0.66%	0.76%	1.04%	0.65%	0.92%	1.16%	1.60%	1.37%	1.74%	1.79%	1.75%
PSI Invesco Dynamic Semiconductors ETF	0.17%	0.15%	0.40%	0.61%	0.14%	0.21%	0.52%	0.83%	0.21%	0.68%	0.16%	1.77%
FTEC Fidelity MSCI Information Technology Index ETF	0.49%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%	1.09%
VGT Vanguard Information Technology ETF	0.52%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%	1.12%
IETC iShares Evolved U.S. Technology ETF	0.49%	0.52%	0.79%	0.92%	0.73%	0.48%	0.79%	1.27%	0.00%	0.00%	0.00%	0.00%
PTF Invesco DWA Technology Momentum ETF	0.23%	0.00%	0.07%	0.00%	0.00%	0.00%	0.00%	0.08%	0.04%	0.26%	0.00%	0.68%
IGM iShares Expanded Tech Sector ETF	0.23%	0.22%	0.52%	0.53%	0.16%	0.32%	0.50%	0.57%	0.57%	0.90%	0.79%	0.88%
QQQ Invesco QQQ	0.57%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%	1.41%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the etf comparison. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the etf comparison was 41.18%, occurring on Oct 14, 2022. Recovery took 296 trading sessions.

The current etf comparison drawdown is 7.40%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-41.18%	Dec 28, 2021	202	Oct 14, 2022	296	Dec 19, 2023	498
-35.5%	Feb 20, 2020	22	Mar 20, 2020	56	Jun 10, 2020	78
-30.65%	Jan 24, 2025	52	Apr 8, 2025	—	—	—
-26.52%	Aug 30, 2018	80	Dec 24, 2018	68	Apr 3, 2019	148
-18.35%	Jul 11, 2024	20	Aug 7, 2024	65	Nov 7, 2024	85

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 12 assets, with an effective number of assets of 12.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	^GSPC	PTF	FTXL	PSI	SOXX	SPXL	IETC	QQQ	XLK	IGM	IXN	FTEC	VGT	Portfolio
^GSPC	1.00	0.75	0.77	0.78	0.80	1.00	0.89	0.92	0.91	0.90	0.91	0.91	0.91	0.92
PTF	0.75	1.00	0.77	0.80	0.79	0.75	0.84	0.83	0.82	0.86	0.82	0.85	0.85	0.88
FTXL	0.77	0.77	1.00	0.96	0.96	0.77	0.79	0.82	0.83	0.83	0.85	0.84	0.84	0.91
PSI	0.78	0.80	0.96	1.00	0.97	0.78	0.80	0.82	0.84	0.84	0.86	0.85	0.85	0.92
SOXX	0.80	0.79	0.96	0.97	1.00	0.79	0.83	0.85	0.87	0.87	0.89	0.88	0.88	0.94
SPXL	1.00	0.75	0.77	0.78	0.79	1.00	0.89	0.91	0.90	0.90	0.90	0.91	0.91	0.92
IETC	0.89	0.84	0.79	0.80	0.83	0.89	1.00	0.96	0.95	0.97	0.95	0.96	0.96	0.95
QQQ	0.92	0.83	0.82	0.82	0.85	0.91	0.96	1.00	0.97	0.98	0.96	0.97	0.97	0.96
XLK	0.91	0.82	0.83	0.84	0.87	0.90	0.95	0.97	1.00	0.97	0.99	0.99	0.99	0.97
IGM	0.90	0.86	0.83	0.84	0.87	0.90	0.97	0.98	0.97	1.00	0.97	0.98	0.98	0.97
IXN	0.91	0.82	0.85	0.86	0.89	0.90	0.95	0.96	0.99	0.97	1.00	0.99	0.99	0.98
FTEC	0.91	0.85	0.84	0.85	0.88	0.91	0.96	0.97	0.99	0.98	0.99	1.00	1.00	0.98
VGT	0.91	0.85	0.84	0.85	0.88	0.91	0.96	0.97	0.99	0.98	0.99	1.00	1.00	0.98
Portfolio	0.92	0.88	0.91	0.92	0.94	0.92	0.95	0.96	0.97	0.97	0.98	0.98	0.98	1.00

The correlation results are calculated based on daily price changes starting from Mar 26, 2018

Performance Analysis

Risk Analysis

Optimization

Factor Model

etf comparison

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

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