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IETC - ETF AI Analysis
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iShares Evolved US Technology ETF (IETC)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, like Broadcom, Palantir, and Nvidia, have delivered strong year-to-date performance, driving the fund’s returns.
Low Expense Ratio
The ETF has a competitive expense ratio, making it a cost-effective option for investors.
Sector Focus on Technology
The fund’s heavy exposure to the technology sector aligns with a high-growth industry that has performed well recently.
Negative Factors
High Concentration in Top Holdings
The top three holdings make up over 30% of the portfolio, increasing exposure to individual company risks.
Limited Geographic Diversification
With nearly all assets focused on U.S. companies, the ETF lacks exposure to international markets.
Mixed Performance in Holdings
While some holdings have performed strongly, others like Salesforce have lagged, creating uneven momentum.
IETC vs. SPDR S&P 500 ETF (SPY)
AUM943.90M
RegionNorth America
Expense Ratio0.18%
Beta1.44
IssueriShares
Inception DateMar 21, 2018
Dividend Yield0.37%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume39,755
30 Day Avg. Volume60,169
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
127.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering87
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IETC Summary
The iShares Evolved US Technology ETF (IETC) is an investment fund that focuses on the U.S. technology sector, including companies involved in software, semiconductors, and digital innovation. It includes well-known tech leaders like Nvidia and Microsoft, as well as emerging companies shaping the future of technology. Investors might consider IETC for its potential growth opportunities and exposure to a diverse range of tech-related businesses. However, since it is heavily focused on technology, its performance can be significantly impacted by market trends in the tech industry, which can be volatile.
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
The iShares Evolved US Technology ETF (IETC) leans heavily into the tech sector, with names like Palantir and Broadcom driving its performance thanks to their focus on AI and semiconductor innovation. Nvidia, while a key player, has shown mixed momentum recently, facing valuation concerns and inventory challenges. Meanwhile, Microsoft and Oracle have struggled to maintain steady growth, with bearish trends weighing on their outlook. The fund’s concentration in U.S. technology giants highlights its thematic focus, but its reliance on a few rising stars and lagging leaders creates a dynamic yet uneven performance story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palantir Technologies | 12.23% | $115.48M | $414.81B | 156.76% | 74 Outperform | |
| Broadcom | 11.20% | $105.77M | $1.63T | 50.35% | 76 Outperform | |
| Nvidia | 7.32% | $69.18M | $4.57T | 33.61% | 76 Outperform | |
| Microsoft | 5.77% | $54.48M | $3.51T | 13.29% | 79 Outperform | |
| Oracle | 5.36% | $50.63M | $553.34B | 19.58% | 66 Neutral | |
| Amazon | 4.19% | $39.61M | $2.49T | 8.47% | 71 Outperform | |
| Salesforce | 4.15% | $39.19M | $240.12B | -19.09% | 80 Outperform | |
| International Business Machines | 3.10% | $29.32M | $275.72B | 35.06% | 79 Outperform | |
| Alphabet Class A | 2.71% | $25.55M | $3.82T | 60.80% | 85 Outperform | |
| Apple | 2.56% | $24.14M | $3.95T | 8.32% | 79 Outperform |
IETC Technical Analysis
Positive
―
Price Trends
102.59
Positive
101.54
Positive
94.04
Positive
Market Momentum
-0.03
Positive
52.29
Neutral
40.34
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 102.51, equal to the 50-day MA of 102.59, and equal to the 200-day MA of 94.04, indicating a bullish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 52.29 is Neutral, neither overbought nor oversold. The STOCH value of 40.34 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
102.80
17.37
20.33%
GTOP
Goldman Sachs Technology Opportunities ETF
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PINK
Simplify Health Care ETF
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RSHO
Tema American Reshoring ETF
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IYRI
NEOS Real Estate High Income ETF
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CHPY
YieldMax Semiconductor Portfolio Option Income 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.
Disclaimer
This 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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