IETC vs. ARQQ
IETC (iShares U.S. Tech Independence Focused ETF) is Technology Equities fund actively managed by iShares, while ARQQ (Arqit Quantum Inc.) is a stock. Over the past 3 years, IETC returned 25.69%/yr vs -28.53%/yr for ARQQ. At a 0.29 correlation, their price movements are largely independent.
Performance
IETC vs. ARQQ - Performance Comparison
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Returns By Period
In the year-to-date period, IETC achieves a 4.48% return, which is significantly higher than ARQQ's -37.84% return.
IETC
- 1D
- -0.07%
- 1M
- 0.03%
- YTD
- 4.48%
- 6M
- 4.29%
- 1Y
- 17.62%
- 3Y*
- 25.69%
- 5Y*
- 15.73%
- 10Y*
- —
ARQQ
- 1D
- -0.66%
- 1M
- -1.66%
- YTD
- -37.84%
- 6M
- -52.03%
- 1Y
- -49.10%
- 3Y*
- -28.53%
- 5Y*
- —
- 10Y*
- —
IETC vs. ARQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 4.48% | 19.56% | 37.57% | 54.35% | -32.78% | 3.19% |
ARQQ Arqit Quantum Inc. | -37.84% | -43.67% | 227.76% | -86.87% | -84.93% | 158.92% |
Correlation
The correlation between IETC and ARQQ is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2021 | 0.30 |
The correlation between IETC and ARQQ shifts across timeframes, from 0.29 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IETC vs. ARQQ — Risk / Return Rank
IETC
ARQQ
IETC vs. ARQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Independence Focused ETF (IETC) and Arqit Quantum Inc. (ARQQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IETC | ARQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.98 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | -0.62 | +1.45 |
| Martin ratioReturn relative to average drawdown | 2.30 | -0.91 | +3.22 |
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Drawdowns
IETC vs. ARQQ - Drawdown Comparison
The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum ARQQ drawdown of -99.60%. Use the drawdown chart below to compare losses from any high point for IETC and ARQQ.
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Drawdown Indicators
| IETC | ARQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.48% | -99.60% | +61.12% |
Max Drawdown (1Y)Largest decline over 1 year | -21.19% | -79.78% | +58.59% |
Max Drawdown (3Y)Largest decline over 3 years | -25.17% | -89.76% | +64.59% |
Max Drawdown (5Y)Largest decline over 5 years | -38.48% | — | — |
Current DrawdownCurrent decline from peak | -10.32% | -98.57% | +88.25% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -88.78% | +80.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 53.78% | -46.11% |
Volatility
IETC vs. ARQQ - Volatility Comparison
The current volatility for iShares U.S. Tech Independence Focused ETF (IETC) is 9.62%, while Arqit Quantum Inc. (ARQQ) has a volatility of 35.65%. This indicates that IETC experiences smaller price fluctuations and is considered to be less risky than ARQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IETC | ARQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 35.65% | -26.03% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 64.49% | -46.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 104.65% | -82.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.70% | 134.12% | -109.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 134.12% | -108.68% |
Dividends
IETC vs. ARQQ - Dividend Comparison
IETC's dividend yield for the trailing twelve months is around 0.37%, while ARQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARQQ Arqit Quantum Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IETC iShares U.S. Tech Independence Focused ETF | 0.37% | 0.38% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.95% | 1.27% |
Frequently Asked Questions
IETC and ARQQ have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARQQ has higher volatility (35.65%) compared to IETC (9.62%). In terms of maximum drawdown, IETC dropped -38.48% vs ARQQ's -99.60%.
IETC currently has the higher Sharpe Ratio (0.80 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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