iShares Evolved U.S. Technology ETF (IETC)
IETC is an actively managed ETF by iShares. IETC launched on Mar 21, 2018 and has a 0.18% expense ratio.
ETF Info
US46431W6488
46431W648
Mar 21, 2018
North America (U.S.)
1x
No Index (Active)
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Evolved U.S. Technology 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 Evolved U.S. Technology ETF had a return of 30.28% year-to-date (YTD) and 39.67% in the last 12 months.
IETC
30.28%
0.52%
14.85%
39.67%
21.99%
N/A
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of IETC, 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 | 4.07% | 7.07% | 1.98% | -5.90% | 3.84% | 8.81% | -0.64% | 1.27% | 3.81% | -0.31% | 30.28% | ||
| 2023 | 8.15% | -1.00% | 8.30% | -0.16% | 10.52% | 6.02% | 3.09% | 0.47% | -6.45% | -0.79% | 12.42% | 5.28% | 54.35% |
| 2022 | -8.16% | -4.88% | 3.33% | -13.66% | -2.47% | -8.86% | 11.89% | -5.13% | -11.70% | 4.02% | 5.69% | -5.84% | -32.78% |
| 2021 | -0.57% | 2.16% | 0.64% | 7.12% | -1.18% | 7.18% | 3.36% | 4.43% | -6.03% | 7.55% | 1.10% | 1.41% | 29.73% |
| 2020 | 4.61% | -6.72% | -8.52% | 15.66% | 7.17% | 6.32% | 6.36% | 10.80% | -5.73% | -3.11% | 10.71% | 4.59% | 46.59% |
| 2019 | 10.03% | 4.51% | 4.25% | 6.45% | -7.52% | 6.97% | 3.57% | -2.49% | 0.24% | 2.89% | 5.20% | 3.28% | 42.85% |
| 2018 | -2.73% | 2.72% | 6.63% | -0.38% | 3.32% | 7.42% | -0.31% | -9.52% | -0.78% | -8.48% | -3.52% |
Expense Ratio
IETC has an expense ratio of 0.18%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IETC is 70, 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 Evolved U.S. Technology ETF (IETC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Evolved U.S. Technology ETF provided a 0.57% dividend yield over the last twelve months, with an annual payout of $0.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.49 | $0.37 | $0.45 | $0.23 | $0.26 | $0.29 |
Dividend yield | 0.57% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Evolved U.S. Technology 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 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.33 | |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.49 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.17 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.28 | $0.45 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.23 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.26 |
| 2018 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.19 | $0.29 |
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 Evolved U.S. Technology 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 Evolved U.S. Technology ETF was 38.48%, occurring on Nov 3, 2022. Recovery took 280 trading sessions.
The current iShares Evolved U.S. Technology ETF drawdown is 3.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.48% | Dec 28, 2021 | 216 | Nov 3, 2022 | 280 | Dec 15, 2023 | 496 |
| -30.07% | Feb 20, 2020 | 18 | Mar 16, 2020 | 57 | Jun 5, 2020 | 75 |
| -23.39% | Sep 4, 2018 | 78 | Dec 24, 2018 | 67 | Apr 2, 2019 | 145 |
| -12.85% | Sep 3, 2020 | 14 | Sep 23, 2020 | 53 | Dec 8, 2020 | 67 |
| -11.5% | Jul 11, 2024 | 18 | Aug 5, 2024 | 32 | Sep 19, 2024 | 50 |
Volatility
Volatility Chart
The current iShares Evolved U.S. Technology ETF volatility is 6.19%, 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.