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IETC - ETF AI Analysis
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iShares Evolved US Technology ETF (IETC)
Rating:74Outperform
Price Target:―
Positive Factors
Large, Established Tech Leaders
The ETF’s biggest positions are well-known, financially strong technology and internet companies, which can provide a solid core for long-term growth.
Low Expense Ratio
The fund charges a relatively low fee, so less of your potential return is lost to costs each year.
Meaningful Asset Base
With a sizable amount of money invested in the fund, it benefits from good trading liquidity and appears to have solid investor interest.
Negative Factors
Recent Weak Performance
The ETF has shown negative returns over the past month, three months, and year-to-date, indicating recent performance has been weak.
High Concentration in a Few Stocks
A small number of holdings, such as Palantir, Broadcom, and Nvidia, make up a large share of the portfolio, increasing the impact if any of these stocks struggle.
Heavy U.S. Tech and Single-Country Exposure
The fund is almost entirely invested in U.S. companies and is heavily tilted toward the technology sector, which can make it more sensitive to downturns in U.S. tech markets.
IETC vs. SPDR S&P 500 ETF (SPY)
AUM793.43M
RegionNorth America
Expense Ratio0.18%
Beta1.43
IssueriShares
Inception DateMar 21, 2018
Dividend Yield0.42%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume102,021
30 Day Avg. Volume63,823
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
125.20Price Target Upside― Downside
Rating ConsensusStrong 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 a fund that focuses mainly on U.S. technology companies, without tracking a fixed index. It holds a mix of well-known tech names like Microsoft, Nvidia, Amazon, and Alphabet (Google), along with other software, chip, and internet firms. Someone might invest in IETC if they want growth potential from the U.S. tech sector in a single, diversified investment instead of picking individual stocks. A key risk is that the fund is heavily tilted toward technology, so its price can rise or fall sharply with swings in the tech market.
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 a U.S.-focused tech story with a clear tilt toward AI and cloud heavyweights, but its leaders are catching their breath. Palantir, the fund’s largest holding, has been lagging lately, turning from star to stumbling block. Broadcom and Nvidia, key semiconductor engines, are more mixed, no longer powering ahead as strongly as before. Microsoft and Oracle are also losing steam, weighing on returns. Offsetting some of that pressure, Amazon and Alphabet have been steadier bright spots, but overall the ETF remains heavily concentrated in big U.S. tech and AI themes.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Broadcom | 11.72% | $93.50M | $1.54T | 42.29% | 76 Outperform | |
| Palantir Technologies | 10.07% | $80.32M | $313.21B | 5.45% | 74 Outperform | |
| Nvidia | 8.00% | $63.80M | $4.44T | 32.69% | 76 Outperform | |
| Microsoft | 5.33% | $42.54M | $2.98T | -2.03% | 79 Outperform | |
| Oracle | 4.91% | $39.14M | $460.26B | -10.93% | 66 Neutral | |
| Amazon | 4.02% | $32.10M | $2.13T | -11.25% | 71 Outperform | |
| Salesforce | 3.31% | $26.41M | $177.77B | -42.33% | 80 Outperform | |
| International Business Machines | 3.06% | $24.43M | $245.26B | -0.26% | 79 Outperform | |
| Alphabet Class A | 2.94% | $23.48M | $3.70T | 66.36% | 85 Outperform | |
| Meta Platforms | 2.72% | $21.67M | $1.62T | -10.69% | 76 Outperform |
IETC Technical Analysis
Negative
―
Price Trends
99.93
Negative
101.16
Negative
97.32
Negative
Market Momentum
-2.62
Positive
33.45
Neutral
16.03
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IETC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 96.02, equal to the 50-day MA of 99.93, and equal to the 200-day MA of 97.32, indicating a bearish trend. The MACD of -2.62 indicates Positive momentum. The RSI at 33.45 is Neutral, neither overbought nor oversold. The STOCH value of 16.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IETC.
IETC Peer Comparison
Comparison Results
Performance Comparison
IETC
iShares Evolved US Technology ETF
91.06
2.24
2.52%
GTOP
Goldman Sachs Technology Opportunities ETF
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CHPY
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PINK
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RSHO
Tema American Reshoring ETF
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IYRI
NEOS Real Estate High 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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