iShares U.S. Tech Independence Focused ETF (IETC) is a technology-hardware ETF. As of October 28, 2026, ETF Copilot scores IETC 7.2 out of 10 — highest on Growth (9.8), lowest on Risk (1.7). It trades at 30.0 times earnings, against its own median of 33.7. Its ten largest holdings are 49% of the fund.
What stands out in IETC's data
U.S. tech independence leaders, focused on hardware and innovation.
Earns more on its capital than most peers — a sign of real pricing power in the hardware space.
Return on invested capital of 34.1% runs ahead of most peers, above the category median of 28.1%. Growth estimates of 41% also top the norm of 32%.
A satellite sleeve for portfolios that want direct exposure to U.S. tech independence.
How is IETC rated? ETF Copilot scores iShares U.S. Tech Independence Focused ETF (IETC) 7.2 out of 10
As of October 28, 2026, ETF Copilot scores iShares U.S. Tech Independence Focused ETF (IETC) 7.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.2 / 10
- Growth: 9.8 / 10
- Value: 6.0 / 10
- Risk: 1.7 / 10
- Quality: 9.6 / 10
- Return: 7.7 / 10
Is IETC expensive right now? It trades at 30.0 times earnings, against its own median of 33.7
As of October 28, 2026, IETC is cheaper than 67% of its own last 9 years.
Trailing 12 months, built from IETC's holdings. How we calculate this →
What's inside IETC? 85% Tech
What's inside IETC: Size (Large 93%, Mid 7%, Small 0%); Geography (International 1%, US 99%); Tech 84.8%; Magnificent 7 30.1%; AI 45.5%; Semiconductors 42.6%; Memory 32.8%.
What are IETC's top holdings? The ten largest are 49% of the fund
Nvidia, Broadcom, Advanced Micro Devices, Micron Technology, Apple, Palantir Technologies, Alphabet, Amazon.com and Facebook are IETC's largest holdings, in that order.
More concentrated than 62% of Tech Hardware ETFs.
Half of IETC's weight sits in its 11 largest positions, and once those weights are taken into account it behaves like 24 equally weighted holdings.
What is IETC's expense ratio? 0.18% a year
As of October 28, 2026, IETC charges 0.18% a year, yields 0.37% and holds $681M in assets across 110 positions.
| Measure | IETC |
|---|---|
| Expense ratio | 0.18% |
| Dividend yield | 0.37% |
| Assets under management | $681M |
| Holdings | 110 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares U.S. Tech Independence Focused ETF (IETC) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/ietc
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