IETC - ETF AI Analysis
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iShares Evolved US Technology ETF (IETC)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Chip and Tech Leaders
Several major holdings in semiconductors and big tech, like Nvidia, Broadcom, Micron, AMD, Amazon, Apple, Alphabet, and Lam Research, have shown strong gains this year, helping support the fund’s overall results.
Focused Technology Exposure
The ETF is heavily tilted toward the technology sector, which can benefit investors who want concentrated exposure to innovative, fast-growing companies.
Low Expense Ratio
The fund’s relatively low fee means more of any gains stay in investors’ pockets instead of going to costs.
Negative Factors
High Stock Concentration
A small group of large positions, especially in a few big tech and chip names, makes up a significant share of the portfolio, increasing the impact if any of these companies stumble.
Sector Concentration Risk
With most assets in U.S. technology and very little outside that area, the fund is vulnerable if the tech sector faces a downturn.
Mixed Performance Among Top Holdings
While many top holdings have done well, some key names like Microsoft and Palantir have shown weak performance this year, which can drag on the ETF’s returns.
IETC vs. SPDR S&P 500 ETF (SPY)
AUM681.13M
RegionNorth America
Expense Ratio0.18%
Beta1.48
IssueriShares
Inception DateMar 21, 2018
Dividend Yield0.39%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume21,705
30 Day Avg. Volume45,106
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
141.25Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering108
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IETC Summary
The iShares Evolved US Technology ETF (IETC) is a fund that focuses on U.S. technology and related companies, using its own rules instead of a traditional index. It mainly holds tech firms involved in software, chips, and digital services, plus some communication and consumer companies. Well-known names in the fund include Nvidia, Apple, Microsoft, Amazon, and Alphabet (Google). Someone might invest in IETC to seek long-term growth and get broad exposure to leading tech businesses in a single investment. A key risk is that it is heavily dependent on technology stocks, which can rise and fall sharply.
How much will it cost me?The iShares Evolved US Technology ETF (IETC) has an expense ratio of 0.18%, which means you’ll pay $1.80 per year for every $1,000 invested. This is lower than average for actively managed funds, as it uses a sophisticated approach to target the tech sector while keeping costs relatively low.
What would affect this ETF?The iShares Evolved US Technology ETF (IETC) could benefit from continued innovation in the tech sector, such as advancements in artificial intelligence and semiconductor technology, which are key areas for its top holdings like Nvidia and Broadcom. However, rising interest rates or stricter regulations on major tech companies could negatively impact growth prospects, especially for high-growth firms like Palantir and Amazon. Additionally, economic slowdowns or geopolitical tensions affecting the U.S. could pose risks to this ETF's performance given its concentrated exposure to the American technology sector.
IETC Top 10 Holdings
IETC is riding a powerful U.S. tech wave, with Nvidia in the driver’s seat as its standout gainer, helped by Micron and Lam Research, which are also rising on the AI and chip boom. Palantir has been sprinting lately too, adding some extra juice. On the flip side, Broadcom and AMD have seen more mixed, stop‑and‑go trading, while Apple feels a bit like it’s catching its breath rather than leading the charge. Overall, this is a highly concentrated U.S. technology and semiconductor story, with a side helping of Big Tech platforms.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 13.58% | $94.62M | $5.24T | 24.90% | 76 Outperform | |
| Broadcom | 8.05% | $56.11M | $1.75T | 24.01% | 76 Outperform | |
| Micron | 5.21% | $36.29M | $1.05T | 683.85% | 79 Outperform | |
| Advanced Micro Devices | 4.81% | $33.48M | $760.05B | 186.28% | 73 Outperform | |
| Apple | 3.74% | $26.02M | $4.67T | 37.72% | 79 Outperform | |
| Alphabet Class A | 3.02% | $21.01M | $4.22T | 62.79% | 85 Outperform | |
| Amazon | 2.96% | $20.59M | $2.87T | 16.34% | 71 Outperform | |
| Palantir Technologies | 2.83% | $19.72M | $447.67B | 18.88% | 74 Outperform | |
| Lam Research | 2.68% | $18.67M | $377.77B | 201.45% | 77 Outperform | |
| Alphabet Class C | 2.50% | $17.38M | $4.22T | 60.58% | 82 Outperform |
IETC Technical Analysis
Positive
―
Price Trends
106.28
Positive
106.20
Positive
101.33
Positive
Market Momentum
0.44
Positive
52.66
Neutral
41.28
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IETC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 109.25, equal to the 50-day MA of 106.28, and equal to the 200-day MA of 101.33, indicating a neutral trend. The MACD of 0.44 indicates Positive momentum. The RSI at 52.66 is Neutral, neither overbought nor oversold. The STOCH value of 41.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IETC.
IETC Peer Comparison
Comparison Results
Performance Comparison
IETC
iShares Evolved US Technology ETF
108.77
11.73
12.09%
SAMT
Strategas Macro Thematic Opportunities ETF
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GTOP
Goldman Sachs Technology Opportunities ETF
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PINK
Simplify Health Care ETF
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IYRI
NEOS Real Estate High Income ETF
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WELD
Tema U.S. Manufacturing & Reshoring ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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