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IETC vs. IYW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IETC and IYW is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

IETC vs. IYW - Performance Comparison

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

200.00%220.00%240.00%260.00%280.00%300.00%320.00%NovemberDecember2025FebruaryMarchApril
235.38%
251.41%
IETC
IYW

Key characteristics

Sharpe Ratio

IETC:

0.56

IYW:

0.38

Sortino Ratio

IETC:

0.95

IYW:

0.73

Omega Ratio

IETC:

1.13

IYW:

1.10

Calmar Ratio

IETC:

0.62

IYW:

0.43

Martin Ratio

IETC:

2.20

IYW:

1.43

Ulcer Index

IETC:

7.08%

IYW:

7.90%

Daily Std Dev

IETC:

27.62%

IYW:

29.92%

Max Drawdown

IETC:

-38.48%

IYW:

-81.89%

Current Drawdown

IETC:

-15.00%

IYW:

-15.91%

Returns By Period

In the year-to-date period, IETC achieves a -10.36% return, which is significantly higher than IYW's -12.08% return.


IETC

YTD

-10.36%

1M

-4.51%

6M

-3.91%

1Y

14.37%

5Y*

19.61%

10Y*

N/A

IYW

YTD

-12.08%

1M

-6.62%

6M

-9.12%

1Y

9.04%

5Y*

20.35%

10Y*

18.61%

*Annualized

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IETC vs. IYW - Expense Ratio Comparison

IETC has a 0.18% expense ratio, which is lower than IYW's 0.42% expense ratio.


Expense ratio chart for IYW: current value is 0.42%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IYW: 0.42%
Expense ratio chart for IETC: current value is 0.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IETC: 0.18%

Risk-Adjusted Performance

IETC vs. IYW — Risk-Adjusted Performance Rank

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

IETC
The Risk-Adjusted Performance Rank of IETC is 6666
Overall Rank
The Sharpe Ratio Rank of IETC is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of IETC is 6565
Sortino Ratio Rank
The Omega Ratio Rank of IETC is 6565
Omega Ratio Rank
The Calmar Ratio Rank of IETC is 7171
Calmar Ratio Rank
The Martin Ratio Rank of IETC is 6464
Martin Ratio Rank

IYW
The Risk-Adjusted Performance Rank of IYW is 5454
Overall Rank
The Sharpe Ratio Rank of IYW is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of IYW is 5555
Sortino Ratio Rank
The Omega Ratio Rank of IYW is 5353
Omega Ratio Rank
The Calmar Ratio Rank of IYW is 5959
Calmar Ratio Rank
The Martin Ratio Rank of IYW is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IETC vs. IYW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) and iShares U.S. Technology ETF (IYW). 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.


The chart of Sharpe ratio for IETC, currently valued at 0.56, compared to the broader market-1.000.001.002.003.004.00
IETC: 0.56
IYW: 0.38
The chart of Sortino ratio for IETC, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.00
IETC: 0.95
IYW: 0.73
The chart of Omega ratio for IETC, currently valued at 1.13, compared to the broader market0.501.001.502.00
IETC: 1.13
IYW: 1.10
The chart of Calmar ratio for IETC, currently valued at 0.62, compared to the broader market0.002.004.006.008.0010.0012.00
IETC: 0.62
IYW: 0.43
The chart of Martin ratio for IETC, currently valued at 2.20, compared to the broader market0.0020.0040.0060.00
IETC: 2.20
IYW: 1.43

The current IETC Sharpe Ratio is 0.56, which is higher than the IYW Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of IETC and IYW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.56
0.38
IETC
IYW

Dividends

IETC vs. IYW - Dividend Comparison

IETC's dividend yield for the trailing twelve months is around 0.56%, more than IYW's 0.23% yield.


TTM20242023202220212020201920182017201620152014
IETC
iShares Evolved U.S. Technology ETF
0.56%0.52%0.79%0.92%0.73%0.48%0.79%1.27%0.00%0.00%0.00%0.00%
IYW
iShares U.S. Technology ETF
0.23%0.21%0.53%0.50%0.31%0.56%0.72%0.91%0.82%1.13%1.12%1.13%

Drawdowns

IETC vs. IYW - Drawdown Comparison

The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for IETC and IYW. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.00%
-15.91%
IETC
IYW

Volatility

IETC vs. IYW - Volatility Comparison

The current volatility for iShares Evolved U.S. Technology ETF (IETC) is 17.89%, while iShares U.S. Technology ETF (IYW) has a volatility of 19.26%. This indicates that IETC experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
17.89%
19.26%
IETC
IYW