IETCiShares U.S. Tech Independence Focused ETF

Grow my money8y track recordRanked #432 of 2,960 in this goal

Seeks access to U.S. companies with technology exposure and increased U.S. technological capabilities.

By iShares · Launched 2018

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$834M

#1,220 of 5,562 · large

Return (1Y)Goal

+21.9%

Track Record

8 years

#1,719 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,188+21.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

Sector

Information technology

What it actually holds

By weight

Concentration

Top 10 holdings = 56.7% of fundmoderately concentrated

Broadcom, Inc.

11.2%

Palantir Technologies, Inc.

10.5%

NVIDIA Corp.

7.8%

Microsoft Corp.

5.3%

Oracle Corp.

4.7%

Amazon.com, Inc.

4.5%

Salesforce, Inc.

3.5%

International Business Machines Corp.

3.3%

Alphabet, Inc.

3.0%

Meta Platforms, Inc.

2.8%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

81.7%

Communication

7.9%

Consumer Cyclical

4.6%

Financial Services

2.9%

Industrials

2.2%

Real Estate

0.6%

Healthcare

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.6%High

Year-on-year price swings

Max drawdown

-38.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.00Strong risk-adjusted returns

Sortino (3Y)

1.44Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks access to U.S. companies with technology exposure and increased U.S. technological capabilities.
Strategy: Invests primarily in U.S. listed common stocks of large-, mid-, and small-cap technology companies, targeting those with higher technological capabilities and production in the U.S. Uses a proprietary classification system to identify eligible companies and may engage in active trading.
Inception date: March 21, 2018
Fund family: iShares