IETCiShares U.S. Tech Independence Focused ETF
Seeks to provide access to U.S. companies with technology exposure and increased exposure to companies with higher Technology Independence Scores.
By iShares · Launched 2018
Annual Cost
0.18%
#794 of 6,040 · low cost
Fund Size
$699M
#1,412 of 6,040 · large
Return (1Y)
+7.9%
Track Record
8 years
#1,701 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,631+6.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Active selection
Sector
Information technologyHoldings
By weightConcentration
Top 10 holdings = 56.2% of fundmoderately concentrated
Broadcom, Inc.
13.5%
Palantir Technologies, Inc.
9.5%
NVIDIA Corp.
7.8%
Microsoft Corp.
4.8%
Amazon.com, Inc.
4.8%
Oracle Corp.
4.4%
Alphabet, Inc.
3.3%
Salesforce, Inc.
2.8%
Alphabet, Inc.
2.7%
Apple, Inc.
2.5%
Asset allocation
Stocks
99.6%
Cash
0.4%
By sector
Technology
82.5%
Communication
7.8%
Financial Services
3.4%
Consumer Cyclical
3.1%
Industrials
2.4%
Real Estate
0.6%
Healthcare
0.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
24.8%High
Year-on-year price swings
Max drawdown
-38.5%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.93Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide access to U.S. companies with technology exposure and increased exposure to companies with higher Technology Independence Scores.
- Strategy
- Actively manages a portfolio of U.S. listed common stock of large-, mid-, and small-capitalization technology companies, targeting increased exposure to those with greater technological capabilities and production in the U.S. and select global markets. The Fund does not seek to replicate a specified index and may have a higher degree of portfolio turnover.
- Inception date
- March 21, 2018
- Fund family
- iShares
Similar funds
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Data updated on 2026-09-18