Key stats
About iShares U.S. Tech Independence Focused ETF
Home page
Inception date
Mar 21, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IETC is part of an iShares sector suite that redefines the US market into evolved sectors by using text analysis and data science to group similar firms. This forward-looking, proprietary classification system based on public filings, allows a company to be classified into multiple sectors rather than being solely assigned to a single sector. The fund provides exposure to the information technology evolved sector, including tech-related firms in the infrastructure and security industries. Though these companies have economic characteristics correlated to the traditional IT sector, the fund may not provide the same investment returns. Holdings are weighted by market cap, targeting an increased exposure to companies scoring highly on technological capabilities, revenues, and production in the US and select global markets. Sectors are reviewed quarterly and may change over time. Prior to Dec. 1, 2022, the fund name was iShares Evolved US Technology ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.79%
Technology Services48.45%
Electronic Technology35.55%
Retail Trade7.93%
Finance4.47%
Commercial Services1.43%
Transportation1.00%
Producer Manufacturing0.62%
Health Technology0.15%
Consumer Services0.08%
Industrial Services0.07%
Consumer Non-Durables0.04%
Consumer Durables0.01%
Bonds, Cash & Other0.21%
Cash0.21%
Stock breakdown by region
North America97.26%
Europe2.74%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IETC invests in stocks. The fund's major sectors are Technology Services, with 48.45% stocks, and Electronic Technology, with 35.55% of the basket. The assets are mostly located in the North America region.
IETC top holdings are Broadcom Inc. and NVIDIA Corporation, occupying 13.93% and 8.82% of the portfolio correspondingly.
IETC last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 26.10% increase.
IETC assets under management is 621.62 M USD. It's risen 9.02% over the last month.
IETC fund flows account for 282.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IETC pays dividends to its holders with the dividend yield of 0.47%. The last dividend (Jun 20, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
IETC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 21, 2018, and its management style is Active.
IETC expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
IETC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IETC invests in stocks.
IETC price has risen by 2.64% over the last month, and its yearly performance shows a 19.74% increase. See more dynamics on IETC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.62% over the last month, showed a 17.73% increase in three-month performance and has increased by 22.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.62% over the last month, showed a 17.73% increase in three-month performance and has increased by 22.12% in a year.
IETC trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.