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IETC vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IETC vs. VOO

Last updated Jun 18, 2026

IETC (iShares U.S. Tech Independence Focused ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - IETC is a Technology Equities fund actively managed by iShares, while VOO is a S&P 500 fund tracking the S&P 500 Index. IETC is actively managed, while VOO is passively managed. Over the past 5 years, IETC returned 15.69%/yr vs 13.84%/yr for VOO. Their correlation of 0.88 suggests significant overlap in exposure. IETC charges 0.18%/yr vs 0.03%/yr for VOO.

Performance

IETC vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Tech Independence Focused ETF (IETC) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IETC achieves a 5.11% return, which is significantly lower than VOO's 9.00% return.

IETC

1D
-0.89%
1M
0.18%
YTD
5.11%
6M
8.61%
1Y
18.80%
3Y*
25.22%
5Y*
15.69%
10Y*
—

VOO

1D
-1.21%
1M
0.37%
YTD
9.00%
6M
11.04%
1Y
25.53%
3Y*
20.52%
5Y*
13.84%
10Y*
15.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IETC vs. VOO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IETC
iShares U.S. Tech Independence Focused ETF		5.11%19.56%37.57%54.35%-32.78%29.73%46.59%43.09%-3.75%
VOO
Vanguard S&P 500 ETF		9.00%17.82%24.98%26.32%-18.17%28.79%18.32%31.37%-3.71%

Correlation

The correlation between IETC and VOO is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.87

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Mar 23, 2018

0.88

The correlation between IETC and VOO has been stable across timeframes, ranging from 0.82 to 0.90 - a consistent structural relationship.

IETC vs. VOO - Sectors Allocation Comparison

Sectors
IETC
VOO

Technology

79.4%
35.6%

Communication Services

8.4%
11.1%

Consumer Cyclical

4.3%
10.1%

Industrials

3.7%
8.0%

Financial Services

3.0%
11.6%

Real Estate

0.7%
1.9%

Healthcare

0.1%
8.5%

Basic Materials

-

1.8%

Consumer Defensive

-

4.9%

Energy

-

3.5%

Utilities

-

2.8%

Technology

IETC
79.4%
VOO
35.6%

Communication Services

IETC
8.4%
VOO
11.1%

Consumer Cyclical

IETC
4.3%
VOO
10.1%

Industrials

IETC
3.7%
VOO
8.0%

Financial Services

IETC
3.0%
VOO
11.6%

Real Estate

IETC
0.7%
VOO
1.9%

Healthcare

IETC
0.1%
VOO
8.5%

Basic Materials

IETC

-

VOO
1.8%

Consumer Defensive

IETC

-

VOO
4.9%

Energy

IETC

-

VOO
3.5%

Utilities

IETC

-

VOO
2.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. Tech Independence Focused ETF

Vanguard S&P 500 ETF

Often compared with IETC:
IETC vs. IYWIETC vs. VGTIETC vs. IGMIETC vs. ARTYIETC vs. IXNIETC vs. SCHGIETC vs. SPY
Often compared with VOO:
VOO vs. VTIVOO vs. QQQVOO vs. SCHDVOO vs. VTVOO vs. SPYVOO vs. FXAIXVOO vs. IVV

Return for Risk

IETC vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IETC
IETC Risk / Return Rank: 2222
Overall Rank
IETC Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
IETC Sortino Ratio Rank: 2323
Sortino Ratio Rank
IETC Omega Ratio Rank: 2323
Omega Ratio Rank
IETC Calmar Ratio Rank: 2020
Calmar Ratio Rank
IETC Martin Ratio Rank: 2121
Martin Ratio Rank
VOO
VOO Risk / Return Rank: 6868
Overall Rank
VOO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 6666
Sortino Ratio Rank
VOO Omega Ratio Rank: 6969
Omega Ratio Rank
VOO Calmar Ratio Rank: 6161
Calmar Ratio Rank
VOO Martin Ratio Rank: 7474
Martin Ratio Rank
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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Independence Focused ETF (IETC) and Vanguard S&P 500 ETF (VOO). 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.

IETCVOODifference
Sharpe ratioReturn per unit of total volatility
0.84
2.08

-1.24

Sortino ratioReturn per unit of downside risk
1.23
2.81

-1.58

Omega ratioGain probability vs. loss probability

1.16

1.38

-0.22

Calmar ratioReturn relative to maximum drawdown

0.89

2.88

-1.99

Martin ratioReturn relative to average drawdown

2.44

12.99

-10.55

IETC vs. VOO - Sharpe Ratio Comparison

The current IETC Sharpe Ratio is 0.84, which is lower than the VOO Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of IETC and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IETC vs. VOO - Drawdown Comparison

The maximum IETC drawdown since its inception was -38.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IETC and VOO.

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Drawdown Indicators

IETCVOODifference

Max Drawdown

Largest peak-to-trough decline

-38.48%

-33.99%

-4.49%

Max Drawdown (1Y)

Largest decline over 1 year

-21.19%

-8.90%

-12.29%

Max Drawdown (3Y)

Largest decline over 3 years

-25.17%

-18.69%

-6.48%

Max Drawdown (5Y)

Largest decline over 5 years

-38.48%

-24.52%

-13.96%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.99%

—

Current Drawdown

Current decline from peak

-9.78%

-2.41%

-7.37%

Average Drawdown

Average peak-to-trough decline

-8.14%

-3.68%

-4.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.73%

1.97%

+5.76%

Volatility

IETC vs. VOO - Volatility Comparison

iShares U.S. Tech Independence Focused ETF (IETC) has a higher volatility of 10.32% compared to Vanguard S&P 500 ETF (VOO) at 4.65%. This indicates that IETC's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IETCVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

10.32%

4.65%

+5.67%

Volatility (6M)

Calculated over the trailing 6-month period

18.01%

9.76%

+8.25%

Volatility (1Y)

Calculated over the trailing 1-year period

22.47%

12.37%

+10.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.78%

16.91%

+7.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.47%

18.05%

+7.42%

IETC vs. VOO - Expense Ratio Comparison

IETC has a 0.18% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IETC vs. VOO - Dividend Comparison

IETC's dividend yield for the trailing twelve months is around 0.39%, less than VOO's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
IETC
iShares U.S. Tech Independence Focused ETF		0.39%0.38%0.52%0.79%0.92%0.73%0.48%0.95%1.27%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF		1.05%1.13%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%

Frequently Asked Questions

IETC and VOO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IETC has higher volatility (10.32%) compared to VOO (4.65%). In terms of maximum drawdown, IETC dropped -38.48% vs VOO's -33.99%.

On 5-year performance, IETC leads with 15.69% vs 13.84% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IETC has performed better with a 15.69% return vs 13.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VOO is cheaper with a 0.03% expense ratio, compared with 0.18% for IETC.

VOO has the higher dividend yield at 1.05%, compared with 0.39% for IETC.

IETC is categorized as Technology Equities, while VOO is S&P 500. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.18% for IETC and 0.03% for VOO.

VOO currently has the higher Sharpe Ratio (2.08 vs 0.84), 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.

Portfolio Optimizer

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