PortfoliosLab logo
IXN vs. IETC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IXN and IETC 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

IXN vs. IETC - Performance Comparison

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

160.00%180.00%200.00%220.00%240.00%260.00%280.00%300.00%NovemberDecember2025FebruaryMarchApril
210.51%
241.87%
IXN
IETC

Key characteristics

Sharpe Ratio

IXN:

0.28

IETC:

0.60

Sortino Ratio

IXN:

0.59

IETC:

1.00

Omega Ratio

IXN:

1.08

IETC:

1.14

Calmar Ratio

IXN:

0.33

IETC:

0.66

Martin Ratio

IXN:

1.03

IETC:

2.31

Ulcer Index

IXN:

8.06%

IETC:

7.17%

Daily Std Dev

IXN:

29.77%

IETC:

27.67%

Max Drawdown

IXN:

-55.67%

IETC:

-38.48%

Current Drawdown

IXN:

-13.57%

IETC:

-13.36%

Returns By Period

In the year-to-date period, IXN achieves a -9.85% return, which is significantly lower than IETC's -8.62% return.


IXN

YTD

-9.85%

1M

0.88%

6M

-8.03%

1Y

6.87%

5Y*

17.95%

10Y*

17.51%

IETC

YTD

-8.62%

1M

3.60%

6M

-2.29%

1Y

14.87%

5Y*

19.32%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


IXN vs. IETC - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than IETC's 0.18% expense ratio.


Expense ratio chart for IXN: current value is 0.46%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IXN: 0.46%
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

IXN vs. IETC — Risk-Adjusted Performance Rank

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

IXN
The Risk-Adjusted Performance Rank of IXN is 4646
Overall Rank
The Sharpe Ratio Rank of IXN is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of IXN is 4646
Sortino Ratio Rank
The Omega Ratio Rank of IXN is 4646
Omega Ratio Rank
The Calmar Ratio Rank of IXN is 5050
Calmar Ratio Rank
The Martin Ratio Rank of IXN is 4545
Martin Ratio Rank

IETC
The Risk-Adjusted Performance Rank of IETC is 6767
Overall Rank
The Sharpe Ratio Rank of IETC is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of IETC is 6767
Sortino Ratio Rank
The Omega Ratio Rank of IETC is 6767
Omega Ratio Rank
The Calmar Ratio Rank of IETC is 7272
Calmar Ratio Rank
The Martin Ratio Rank of IETC is 6565
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.

IXN vs. IETC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) and iShares Evolved U.S. Technology ETF (IETC). 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 IXN, currently valued at 0.28, compared to the broader market-1.000.001.002.003.004.00
IXN: 0.28
IETC: 0.60
The chart of Sortino ratio for IXN, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.00
IXN: 0.59
IETC: 1.00
The chart of Omega ratio for IXN, currently valued at 1.08, compared to the broader market0.501.001.502.002.50
IXN: 1.08
IETC: 1.14
The chart of Calmar ratio for IXN, currently valued at 0.33, compared to the broader market0.002.004.006.008.0010.0012.00
IXN: 0.33
IETC: 0.66
The chart of Martin ratio for IXN, currently valued at 1.03, compared to the broader market0.0020.0040.0060.00
IXN: 1.03
IETC: 2.31

The current IXN Sharpe Ratio is 0.28, which is lower than the IETC Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of IXN and IETC, 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
0.28
0.60
IXN
IETC

Dividends

IXN vs. IETC - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.47%, less than IETC's 0.55% yield.


TTM20242023202220212020201920182017201620152014
IXN
iShares Global Tech ETF
0.47%0.43%0.55%0.81%0.58%0.63%1.06%0.94%0.93%1.03%1.12%1.14%
IETC
iShares Evolved U.S. Technology ETF
0.55%0.52%0.79%0.92%0.73%0.48%0.79%1.27%0.00%0.00%0.00%0.00%

Drawdowns

IXN vs. IETC - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than IETC's maximum drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for IXN and IETC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.57%
-13.36%
IXN
IETC

Volatility

IXN vs. IETC - Volatility Comparison

iShares Global Tech ETF (IXN) and iShares Evolved U.S. Technology ETF (IETC) have volatilities of 18.48% and 17.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.48%
17.82%
IXN
IETC