IETC vs. KULR
IETC (iShares U.S. Tech Independence Focused ETF) is Technology Equities fund actively managed by iShares, while KULR (KULR Technology Group, Inc.) is a stock. Over the past 5 years, IETC returned 15.73%/yr vs -28.07%/yr for KULR. At a 0.23 correlation, their price movements are largely independent.
Performance
IETC vs. KULR - Performance Comparison
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Returns By Period
In the year-to-date period, IETC achieves a 4.48% return, which is significantly lower than KULR's 28.04% return.
IETC
- 1D
- -0.07%
- 1M
- 0.03%
- YTD
- 4.48%
- 6M
- 4.29%
- 1Y
- 17.62%
- 3Y*
- 25.69%
- 5Y*
- 15.73%
- 10Y*
- —
KULR
- 1D
- -0.79%
- 1M
- -6.42%
- YTD
- 28.04%
- 6M
- -0.26%
- 1Y
- -61.48%
- 3Y*
- -12.23%
- 5Y*
- -28.07%
- 10Y*
- —
IETC vs. KULR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 4.48% | 19.56% | 37.57% | 54.35% | -32.78% | 29.73% | 46.59% | 43.09% | -14.85% |
KULR KULR Technology Group, Inc. | 28.04% | -89.58% | 1,818.92% | -84.58% | -56.52% | 87.76% | -2.00% | -42.31% | 136.36% |
Correlation
The correlation between IETC and KULR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018 | 0.23 |
Over the past year, IETC and KULR have become more correlated (0.44) than their long-term average of 0.23, meaning their price movements have been converging.
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Return for Risk
IETC vs. KULR — Risk / Return Rank
IETC
KULR
IETC vs. KULR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Independence Focused ETF (IETC) and KULR Technology Group, Inc. (KULR). 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 | KULR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.94 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | -0.79 | +1.62 |
| Martin ratioReturn relative to average drawdown | 2.30 | -1.06 | +3.36 |
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Drawdowns
IETC vs. KULR - Drawdown Comparison
The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum KULR drawdown of -97.23%. Use the drawdown chart below to compare losses from any high point for IETC and KULR.
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Drawdown Indicators
| IETC | KULR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.48% | -97.23% | +58.75% |
Max Drawdown (1Y)Largest decline over 1 year | -21.19% | -78.04% | +56.85% |
Max Drawdown (3Y)Largest decline over 3 years | -25.17% | -94.74% | +69.57% |
Max Drawdown (5Y)Largest decline over 5 years | -38.48% | -96.86% | +58.38% |
Current DrawdownCurrent decline from peak | -10.32% | -90.13% | +79.81% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -66.25% | +58.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 60.77% | -53.10% |
Volatility
IETC vs. KULR - Volatility Comparison
The current volatility for iShares U.S. Tech Independence Focused ETF (IETC) is 9.62%, while KULR Technology Group, Inc. (KULR) has a volatility of 38.71%. This indicates that IETC experiences smaller price fluctuations and is considered to be less risky than KULR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IETC | KULR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 38.71% | -29.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 77.01% | -59.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 105.97% | -83.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.70% | 126.04% | -101.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 127.06% | -101.62% |
Dividends
IETC vs. KULR - Dividend Comparison
IETC's dividend yield for the trailing twelve months is around 0.37%, while KULR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
KULR KULR Technology Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IETC and KULR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KULR has higher volatility (38.71%) compared to IETC (9.62%). In terms of maximum drawdown, IETC dropped -38.48% vs KULR's -97.23%.
IETC currently has the higher Sharpe Ratio (0.80 vs -0.58), 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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