(IETC) Evolved U.S. Technology - Overview
Etf: Technology, Common Stock, U.S., Large-Cap, Mid-Cap, Small-Cap
Dividends
| Dividend Yield | 0.40% |
| Yield on Cost 5y | 0.79% |
| Yield CAGR 5y | -3.68% |
| Payout Consistency | 90.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 32.9% |
| Relative Tail Risk | 4.95% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.14 |
| Alpha | -13.95 |
| Character TTM | |
|---|---|
| Beta | 1.283 |
| Beta Downside | 1.200 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.17% |
| CAGR/Max DD | 1.14 |
Description: IETC Evolved U.S. Technology January 26, 2026
The iShares Evolved U.S. Technology ETF (BATS:IETC) aims to allocate at least 80% of its net assets to U.S.-listed common stock of large, mid, and small-cap companies that belong to the “Technology Evolved” sector, a classification that captures firms whose economic traits historically align with traditional technology businesses. The fund is classified as non-diversified, meaning it may hold a relatively concentrated portfolio.
As of the most recent filing (30 Nov 2025), IETC reported an expense ratio of 0.30% and total assets under management of roughly $1.2 billion. Its top five holdings accounted for about 28% of the portfolio and included Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Amazon (AMZN) – classified under cloud services – and Alphabet (GOOGL). The ETF’s sector exposure is 62% software & services, 22% semiconductors, and 16% communications equipment, reflecting the current composition of the broader U.S. tech market.
Key drivers for the fund’s performance in 2024-25 include: (1) sustained corporate AI spending, projected by IDC to grow at a 23% CAGR through 2027; (2) a rebound in data-center demand supporting semiconductor sales, with the Semiconductor Industry Association reporting a 9% YoY increase in shipments Q3 2025; and (3) a tight labor market that keeps wages for tech talent above inflation, pressuring profit margins for smaller cap firms. These macro-level trends suggest a bias toward large-cap, cash-rich companies that can fund R&D without eroding earnings.
For a deeper, data-driven assessment of IETC’s risk-adjusted return profile, consider exploring the ValueRay platform’s quantitative dashboards.
What is the price of IETC shares?
Over the past week, the price has changed by -4.72%, over one month by -9.56%, over three months by -9.09% and over the past year by +4.44%.
Is IETC a buy, sell or hold?
What are the forecasts/targets for the IETC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 110.8 | 19.2% |
IETC Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 900.4m USD (900.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 900.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 900.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.64% (E(900.4m)/V(900.4m) * Re(10.64%) + (debt-free company))
Discount Rate = 10.64% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)