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TEK vs IETC

iShares Technology Opportunities Active ETF vs iShares U.S. Tech Independence Focused ETF

TEK

iShares Technology Opportunities Active ETF

BlackRock

Annual cost

0.75%

Fund size

$37M

IETC

iShares U.S. Tech Independence Focused ETF

iShares

Annual cost

0.18%

Fund size

$774M

Key differences

  • IETC costs 0.57% less per year.
  • IETC is significantly larger than TEK — larger funds tend to be more liquid and less likely to close.
  • TEK covers global markets; IETC covers north america.
  • IETC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TEKIETC
Annual cost (TER)0.75%0.18%
Fund size (AUM)$37M$774M
Since20242018
Dividend yield1.37%0.39%
Asset classequityequity
Regionglobalnorth america
Strategyactive selectionactive selection
CAGR 1Y+58.7%+27.0%
CAGR 3YN/A+31.4%
CAGR 5YN/A+17.6%
Sharpe 3YN/A1.17
Volatility 1Y25.25%20.48%
Max drawdown-28.24%-38.48%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TEK and IETC