IETC

iShares U.S. Tech Independence Focused ETF

$101.20
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares U.S. Tech Independence Focused ETF (IETC) seeks to track the investment results of an index composed of U.S. companies that are considered to be independent technology companies.

Overview

ETF tracking iShares U.S. Tech Independence Focused ETF

Category Technology
Issuer BlackRock
Inception Date 2018-03-23
Market Cap $905.7M
Average Volume N/A
Dividend Yield 0.36%
52-Week Range $67.28 - $107.97
VWAP $100.94

Performance

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Investment Summary

📎 Investment Objective

The iShares U.S. Tech Independence Focused ETF (IETC) seeks to track the investment results of an index composed of U.S. companies that are considered to be independent technology companies.

🎯 Investment Strategy

The ETF seeks to track the investment results of the S&P U.S. Tech Independence Index, which is designed to measure the performance of U.S. companies that are considered to be independent technology companies. The fund invests in a representative sample of the index's component securities to seek to track the index.

✨ Key Features

  • Focuses on U.S. technology companies that are considered independent
  • Seeks to track the performance of the S&P U.S. Tech Independence Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the technology sector
  • Potential for higher volatility compared to broader market indexes
  • Limited diversification as the fund is focused on a specific segment of the technology industry
  • Lack of long-term performance history to evaluate the fund's track record

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. technology sector, with a focus on independent technology companies. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon who are looking to potentially benefit from the growth of the technology industry.