IETC vs. BLCV

Last updated Jul 17, 2026

IETC (iShares U.S. Tech Independence Focused 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. At a 0.47 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 U.S. Tech Independence Focused ETF (IETC) and Blackrock Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IETC

• 1D: -2.46%
• 1M: -4.25%
• 6M: 1.66%
• YTD: 1.54%
• 1Y: 7.97%
• 3Y*: 22.45%
• 5Y*: 13.87%
• 10Y*: —

BLCV

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 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 U.S. Tech Independence Focused ETF	1.54%	19.56%	37.57%	26.62%
BLCV Blackrock Large Cap Value ETF	6.47%	19.96%	12.63%	14.56%

Correlation

The correlation between IETC and BLCV is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (All Time) Calculated using the full available price history since May 23, 2023	0.47

IETC vs. BLCV - Sectors Allocation Comparison

Sectors	IETC	BLCV
Technology	79.0%	18.3%
Communication Services	8.5%	9.5%
Consumer Cyclical	4.3%	9.9%
Industrials	4.3%	14.2%
Financial Services	3.0%	14.9%
Real Estate	0.6%	2.7%
Healthcare	0.1%	11.6%
Basic Materials	-	2.4%
Consumer Defensive	-	6.1%
Energy	-	6.0%
Utilities	-	4.4%

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: 15
IETC Sharpe Ratio Rank: 15
IETC Sortino Ratio Rank: 15
IETC Omega Ratio Rank: 15
IETC Calmar Ratio Rank: 14
IETC Martin Ratio Rank: 15

BLCV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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 U.S. Tech Independence Focused 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.

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	BLCV	Difference
Sharpe ratio: Return per unit of total volatility	0.34	—	—
Sortino ratio: Return per unit of downside risk	0.62	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.38	—	—
Martin ratio: Return relative to average drawdown	0.97	—	—

Drawdowns

Drawdown Indicators

	IETC	BLCV	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.48%	—	—
Current Drawdown Current decline from peak	-12.84%	—	—
Average Drawdown Average peak-to-trough decline	-8.16%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.26%	—	—

Volatility

Volatility by Period

	IETC	BLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.43%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.50%	—	—

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 0.41%, while BLCV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCV Blackrock Large Cap Value ETF	1.01%	1.37%	1.63%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%
IETC iShares U.S. Tech Independence Focused ETF	0.41%	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 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IETC or BLCV?

On fees, IETC is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 1.01%, compared with 0.41% 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.