iShares Cloud 5G and Tech ETF (IDAT)
IDAT is a passive ETF by iShares tracking the investment results of the Morningstar Global Digital Infrastructure & Connectivity Index. IDAT launched on Jun 8, 2021 and has a 0.47% expense ratio.
ETF Info
| ISIN | US46435U1271 |
|---|---|
| Issuer | iShares |
| Inception Date | Jun 8, 2021 |
| Region | Global (Broad) |
| Category | Technology Equities, Cloud Computing |
| Leveraged | 1x |
| Index Tracked | Morningstar Global Digital Infrastructure & Connectivity Index |
| Home Page | www.blackrock.com |
| Asset Class | Equity |
Expense Ratio
IDAT features an expense ratio of 0.47%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: IDAT vs. FCLD, IDAT vs. VGT, IDAT vs. IIPR, IDAT vs. SKYY, IDAT vs. SOXX, IDAT vs. KNG, IDAT vs. TIME, IDAT vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Cloud 5G and Tech ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Cloud 5G and Tech ETF had a return of 16.28% year-to-date (YTD) and 31.16% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.28% | 25.48% |
| 1 month | -1.75% | 2.14% |
| 6 months | 5.74% | 12.76% |
| 1 year | 31.16% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of IDAT, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.13% | 5.93% | 0.99% | -4.66% | 5.79% | 5.47% | -2.07% | 0.67% | 1.11% | -0.09% | 16.28% | ||
| 2023 | 11.11% | -1.37% | 3.22% | -8.35% | 7.46% | 4.59% | 4.97% | -3.64% | -4.73% | -4.80% | 13.27% | 9.46% | 32.52% |
| 2022 | -8.08% | -3.94% | 0.19% | -11.99% | -1.75% | -11.57% | 10.88% | -4.16% | -10.79% | 3.23% | 13.60% | -6.42% | -29.62% |
| 2021 | 2.05% | 1.30% | 3.33% | -4.51% | 6.51% | 4.79% | 4.65% | 19.15% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IDAT is 52, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Cloud 5G and Tech ETF (IDAT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Cloud 5G and Tech ETF provided a 0.77% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.25 | $0.19 | $0.18 | $0.14 |
Dividend yield | 0.77% | 0.68% | 0.85% | 0.46% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Cloud 5G and Tech ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.18 |
| 2021 | $0.14 | $0.14 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Cloud 5G and Tech ETF. 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 iShares Cloud 5G and Tech ETF was 38.40%, occurring on Oct 12, 2022. Recovery took 347 trading sessions.
The current iShares Cloud 5G and Tech ETF drawdown is 3.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.4% | Dec 28, 2021 | 200 | Oct 12, 2022 | 347 | Mar 1, 2024 | 547 |
| -15.13% | Jul 17, 2024 | 16 | Aug 7, 2024 | 65 | Nov 7, 2024 | 81 |
| -10.93% | Mar 8, 2024 | 30 | Apr 19, 2024 | 21 | May 20, 2024 | 51 |
| -7.42% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
| -4.1% | Nov 22, 2021 | 7 | Dec 1, 2021 | 15 | Dec 22, 2021 | 22 |
Volatility
Volatility Chart
The current iShares Cloud 5G and Tech ETF volatility is 5.12%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.