ERSX vs. IETC
Compare and contrast key facts about ERShares NextGen Entrepreneurs ETF (ERSX) and iShares Evolved U.S. Technology ETF (IETC).
ERSX and IETC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERSX is a passively managed fund by Capital Impact Advisors that tracks the performance of the Entrepreneur Non-US Small Cap Index. It was launched on Dec 28, 2018. IETC is an actively managed fund by iShares. It was launched on Mar 21, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERSX or IETC.
Key characteristics
| ERSX | IETC |
|---|
Correlation
The correlation between ERSX and IETC is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ERSX vs. IETC - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ERSX vs. IETC - Expense Ratio Comparison
ERSX has a 0.75% expense ratio, which is higher than IETC's 0.18% expense ratio.
Risk-Adjusted Performance
ERSX vs. IETC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ERShares NextGen Entrepreneurs ETF (ERSX) and iShares Evolved U.S. Technology ETF (IETC). 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.
Dividends
ERSX vs. IETC - Dividend Comparison
ERSX has not paid dividends to shareholders, while IETC's dividend yield for the trailing twelve months is around 0.65%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ERSX ERShares NextGen Entrepreneurs ETF | 1.75% | 0.34% | 0.00% | 22.15% | 0.49% | 1.55% | 0.00% |
IETC iShares Evolved U.S. Technology ETF | 0.65% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% |
Drawdowns
ERSX vs. IETC - Drawdown Comparison
Volatility
ERSX vs. IETC - Volatility Comparison
The current volatility for ERShares NextGen Entrepreneurs ETF (ERSX) is 0.00%, while iShares Evolved U.S. Technology ETF (IETC) has a volatility of 6.18%. This indicates that ERSX experiences smaller price fluctuations and is considered to be less risky than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.