LQAI vs. IETC

Last updated Jun 24, 2026

LQAI (LG QRAFT AI-Powered U.S. Large Cap Core ETF) and IETC (iShares U.S. Tech Independence Focused ETF) are both exchange-traded funds - LQAI is a Large Cap Blend Equities fund actively managed by QRAFT, while IETC is a Technology Equities fund actively managed by iShares. Both are actively managed. Over the past year, LQAI returned 37.58% vs 16.71% for IETC. Their correlation of 0.82 suggests significant overlap in exposure. LQAI charges 0.75%/yr vs 0.18%/yr for IETC.

Performance

LQAI vs. IETC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) and iShares U.S. Tech Independence Focused ETF (IETC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LQAI achieves a 19.67% return, which is significantly higher than IETC's 3.27% return.

LQAI

• 1D: -2.97%
• 1M: 2.10%
• YTD: 19.67%
• 6M: 18.21%
• 1Y: 37.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IETC

• 1D: -3.43%
• 1M: -3.33%
• YTD: 3.27%
• 6M: 1.39%
• 1Y: 16.71%
• 3Y*: 25.64%
• 5Y*: 14.77%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LQAI vs. IETC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	19.67%	13.70%	27.82%	9.29%
IETC iShares U.S. Tech Independence Focused ETF	3.27%	19.56%	37.57%	12.79%

Correlation

The correlation between LQAI and IETC is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023	0.82

The correlation between LQAI and IETC has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

LQAI vs. IETC - Sectors Allocation Comparison

Sectors	LQAI	IETC
Technology	47.3%	79.5%
Consumer Cyclical	12.8%	4.2%
Communication Services	10.3%	8.2%
Financial Services	8.7%	3.0%
Industrials	5.3%	4.3%
Healthcare	4.5%	0.1%
Consumer Defensive	3.3%	-
Energy	3.2%	-
Real Estate	2.3%	0.6%
Utilities	2.2%	-
Basic Materials	0.1%	-

Return for Risk

LQAI vs. IETC — Risk / Return Rank

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

LQAI

LQAI Risk / Return Rank: 71
LQAI Sharpe Ratio Rank: 75
LQAI Sortino Ratio Rank: 67
LQAI Omega Ratio Rank: 73
LQAI Calmar Ratio Rank: 78
LQAI Martin Ratio Rank: 63

IETC

IETC Risk / Return Rank: 20
IETC Sharpe Ratio Rank: 22
IETC Sortino Ratio Rank: 21
IETC Omega Ratio Rank: 21
IETC Calmar Ratio Rank: 19
IETC Martin Ratio Rank: 19

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.

LQAI vs. IETC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) and iShares U.S. Tech Independence Focused 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.

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.

	LQAI	IETC	Difference
Sharpe ratio: Return per unit of total volatility	2.21	0.73	+1.48
Sortino ratio: Return per unit of downside risk	2.82	1.10	+1.72
Omega ratio: Gain probability vs. loss probability	1.40	1.14	+0.26
Calmar ratio: Return relative to maximum drawdown	3.78	0.79	+2.99
Martin ratio: Return relative to average drawdown	10.64	2.15	+8.49

LQAI vs. IETC - Sharpe Ratio Comparison

The current LQAI Sharpe Ratio is 2.21, which is higher than the IETC Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of LQAI and IETC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LQAI vs. IETC - Drawdown Comparison

The maximum LQAI drawdown since its inception was -21.24%, smaller than the maximum IETC drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for LQAI and IETC.

Drawdown Indicators

	LQAI	IETC	Difference
Max Drawdown Largest peak-to-trough decline	-21.24%	-38.48%	+17.24%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-21.19%	+11.19%
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	-2.97%	-11.36%	+8.39%
Average Drawdown Average peak-to-trough decline	-3.04%	-8.14%	+5.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	7.79%	-4.25%

Volatility

LQAI vs. IETC - Volatility Comparison

The current volatility for LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) is 8.59%, while iShares U.S. Tech Independence Focused ETF (IETC) has a volatility of 11.06%. This indicates that LQAI experiences smaller price fluctuations and is considered to be less risky than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LQAI	IETC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	11.06%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	13.43%	18.31%	-4.88%
Volatility (1Y) Calculated over the trailing 1-year period	17.09%	22.86%	-5.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	24.86%	-7.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.51%	25.50%	-7.99%

LQAI vs. IETC - Expense Ratio Comparison

LQAI has a 0.75% expense ratio, which is higher than IETC's 0.18% expense ratio.

Dividends

LQAI vs. IETC - Dividend Comparison

LQAI's dividend yield for the trailing twelve months is around 0.91%, more than IETC's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IETC iShares U.S. Tech Independence Focused ETF	0.40%	0.38%	0.52%	0.79%	0.92%	0.73%	0.48%	0.95%	1.27%
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	0.91%	1.14%	0.69%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LQAI and IETC in my portfolio?

LQAI and IETC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LQAI or IETC?

IETC has higher volatility (11.06%) compared to LQAI (8.59%). In terms of maximum drawdown, LQAI dropped -21.24% vs IETC's -38.48%.

Which ETF is better, LQAI or IETC?

On 1-year performance, LQAI leads with 37.58% vs 16.71% for IETC. On fees, IETC is cheaper at 0.18% per year. On volatility, LQAI has been the lower-risk option at 8.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LQAI or IETC?

Over the 1-year period, LQAI has performed better with a 37.58% return vs 16.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LQAI or IETC?

IETC is cheaper with a 0.18% expense ratio, compared with 0.75% for LQAI.

Which ETF pays a higher dividend yield, LQAI or IETC?

LQAI has the higher dividend yield at 0.91%, compared with 0.40% for IETC.

What is the main difference between LQAI and IETC?

LQAI is categorized as Large Cap Blend Equities, while IETC is Technology Equities. They also come from different issuers: QRAFT and iShares. Their fees differ too: 0.75% for LQAI and 0.18% for IETC.

Which has better risk-adjusted returns?

LQAI currently has the higher Sharpe Ratio (2.21 vs 0.73), 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.