IETC vs. BLCV

Last updated Jun 4, 2026

IETC (iShares Evolved U.S. Technology ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - IETC is a Technology Equities fund actively managed by iShares, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. Over the past 3 years, IETC returned 30.53%/yr vs 18.65%/yr for BLCV. At a 0.48 correlation, their price movements are largely independent. IETC charges 0.18%/yr vs 0.55%/yr for BLCV.

Performance

IETC vs. BLCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Technology ETF (IETC) and Blackrock Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IETC achieves a 13.88% return, which is significantly higher than BLCV's 7.47% return.

IETC

• 1D: -2.13%
• 1M: 11.52%
• YTD: 13.88%
• 6M: 12.87%
• 1Y: 30.45%
• 3Y*: 30.53%
• 5Y*: 18.23%
• 10Y*: —

BLCV

• 1D: -0.12%
• 1M: 3.44%
• YTD: 7.47%
• 6M: 9.37%
• 1Y: 21.57%
• 3Y*: 18.65%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IETC vs. BLCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IETC iShares Evolved U.S. Technology ETF	13.88%	19.56%	37.57%	27.98%
BLCV Blackrock Large Cap Value ETF	7.47%	19.96%	12.63%	15.71%

Correlation

The correlation between IETC and BLCV is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 24, 2023	0.48

IETC vs. BLCV - Sectors Allocation Comparison

Sectors	IETC	BLCV
Technology	79.1%	16.8%
Communication Services	8.4%	9.1%
Consumer Cyclical	4.7%	9.0%
Industrials	3.7%	13.8%
Financial Services	3.1%	16.5%
Real Estate	0.7%	2.7%
Healthcare	0.1%	12.3%
Basic Materials	-	2.3%
Consumer Defensive	-	6.3%
Energy	-	6.3%
Utilities	-	4.9%

Return for Risk

IETC vs. BLCV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IETC

IETC Risk / Return Rank: 34
IETC Sharpe Ratio Rank: 40
IETC Sortino Ratio Rank: 38
IETC Omega Ratio Rank: 37
IETC Calmar Ratio Rank: 29
IETC Martin Ratio Rank: 28

BLCV

BLCV Risk / Return Rank: 52
BLCV Sharpe Ratio Rank: 55
BLCV Sortino Ratio Rank: 57
BLCV Omega Ratio Rank: 53
BLCV Calmar Ratio Rank: 44
BLCV Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IETC vs. BLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) and Blackrock Large Cap Value ETF (BLCV). 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.

	IETC	BLCV	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.89	-0.43
Sortino ratio: Return per unit of downside risk	1.98	2.74	-0.76
Omega ratio: Gain probability vs. loss probability	1.25	1.33	-0.08
Calmar ratio: Return relative to maximum drawdown	1.44	2.18	-0.74
Martin ratio: Return relative to average drawdown	4.06	8.80	-4.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IETC vs. BLCV - Sharpe Ratio Comparison

The current IETC Sharpe Ratio is 1.46, which is comparable to the BLCV Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of IETC and BLCV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IETC	BLCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.89	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	1.47	-0.60

Drawdowns

IETC vs. BLCV - Drawdown Comparison

The maximum IETC drawdown since its inception was -38.48%, which is greater than BLCV's maximum drawdown of -13.44%. Use the drawdown chart below to compare losses from any high point for IETC and BLCV.

Drawdown Indicators

	IETC	BLCV	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	-13.44%	-25.04%
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	-9.92%	-11.27%
Max Drawdown (3Y) Largest decline over 3 years	-25.17%	-13.44%	-11.73%
Max Drawdown (5Y) Largest decline over 5 years	-38.48%	—	—
Current Drawdown Current decline from peak	-2.25%	-0.12%	-2.13%
Average Drawdown Average peak-to-trough decline	-8.14%	-2.04%	-6.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.51%	2.46%	+5.05%

Volatility

IETC vs. BLCV - Volatility Comparison

iShares Evolved U.S. Technology ETF (IETC) has a higher volatility of 6.43% compared to Blackrock Large Cap Value ETF (BLCV) at 2.85%. This indicates that IETC's price experiences larger fluctuations and is considered to be riskier than BLCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IETC	BLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.43%	2.85%	+3.58%
Volatility (6M) Calculated over the trailing 6-month period	16.49%	8.79%	+7.70%
Volatility (1Y) Calculated over the trailing 1-year period	21.04%	11.52%	+9.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.53%	12.77%	+11.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.37%	12.77%	+12.60%

IETC vs. BLCV - Expense Ratio Comparison

IETC has a 0.18% expense ratio, which is lower than BLCV's 0.55% expense ratio.

Dividends

IETC vs. BLCV - Dividend Comparison

IETC's dividend yield for the trailing twelve months is around 0.34%, less than BLCV's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCV Blackrock Large Cap Value ETF	1.26%	1.37%	1.63%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%
IETC iShares Evolved U.S. Technology ETF	0.34%	0.38%	0.52%	0.79%	0.92%	0.73%	0.48%	0.95%	1.27%

Frequently Asked Questions

Can I hold both IETC and BLCV in my portfolio?

IETC and BLCV have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IETC or BLCV?

IETC has higher volatility (6.43%) compared to BLCV (2.85%). In terms of maximum drawdown, IETC dropped -38.48% vs BLCV's -13.44%.

Which ETF is better, IETC or BLCV?

On 3-year performance, IETC leads with 30.53% vs 18.65% for BLCV. On fees, IETC is cheaper at 0.18% per year. On volatility, BLCV has been the lower-risk option at 2.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IETC or BLCV?

Over the 3-year period, IETC has performed better with a 30.53% return vs 18.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IETC or BLCV?

IETC is cheaper with a 0.18% expense ratio, compared with 0.55% for BLCV.

Which ETF pays a higher dividend yield, IETC or BLCV?

BLCV has the higher dividend yield at 1.26%, compared with 0.34% for IETC.

What is the main difference between IETC and BLCV?

IETC is categorized as Technology Equities, while BLCV is Large Cap Value Equities. They also come from different issuers: iShares and BlackRock. Their fees differ too: 0.18% for IETC and 0.55% for BLCV.

Which has better risk-adjusted returns?

BLCV currently has the higher Sharpe Ratio (1.89 vs 1.46), 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.