Broadcom

Amazon

Microsoft

NVIDIA

Accenture Plc

Salesforce

Oracle

Apple

Alphabet

Motorola Solutions

iShares Evolved U.S. Technology ETF

IETC is an actively managed fund of US stocks in the information technology sector according to an alternative classification system defined by machine learning algorithms. The market cap-weighted fund targets an increased exposure to firms with high Technology Independence Score.

iShares U.S. Tech Independence Focused ETF targets U.S.-based tech companies using alternative data, emphasizing long-term growth in a digital economy. IETC's portfolio is AI-driven, with top holdings like Broadcom, Amazon, Microsoft, and Nvidia, presenting both risks and opportunities. Valuation metrics suggest a forward P/E ratio of 27.56x and an IRR potential of 8-11%, but active management adds uncertainty.

IETC: An Actively Managed U.S. Tech Fund With Strong IRR Potential

Global X Artificial Intelligence & Technology ETF

Sprott Copper Miners ETF

Global X Copper Miners ETF

iShares Copper and Metals Mining ETF

iShares U.S. Digital Infrastructure and Real Estate ETF

Tema American Reshoring ETF

VanEck Vectors Semiconductor ETF

iShares PHLX Semiconductor ETF

Engine No 1 Transform Supply Chain ETF

Robo Global Artificial Intelligence ETF

SPDR S&P Metals & Mining ETF

Halfway through the year, thematic equity ETFs have exhibited wide levels of dispersion but continue to capture the market's attention heading into the second half of 2024.

BlackRock's Top Thematic Trends to Watch in 2H

iShares U.S. Tech Independence Focused ETF (IETC) is a hold due to its focus on U.S. tech independence, which may result in a lack of diversified supply chains and sub-optimal performance. IETC is an actively-managed fund but has a lower expense ratio than most active funds and even some passively managed information technology ETFs. IETC has lower weight on companies with significant international revenue, such as Apple, which may limit its potential for growth.

IETC: Achieving US Tech Independence Is Unrealistic And Even Sub-Optimal

iShares U.S. Tech Independence Focused ETF focuses on U.S. companies with a focus on tech independence and resilient value chains. The fund's investment strategy is based on BlackRock's proprietary data and uses quantitative analysis to allocate companies to sectors. IETC has a "black box" approach, with no minimum holding period and the ability to buy or sell securities whenever deemed appropriate by fund management.

IETC: Big U.S. Technology Companies Continue To Offer Upside Potential

First Trust Dow Jones Internet Index Fund

MicroSectors FANG+ ETN

iShares North American Tech ETF

Roundhill Ball Metaverse ETF

Invesco NASDAQ Internet ETF

iShares U.S. Tech Breakthrough Multisector ETF

First Trust Expanded Technology ETF

Strong corporate earnings has resulted in strong gains for tech ETFs, with many hitting a new one-year high.

Tech ETFs Riding the Wave of Strong Earnings

iShares U.S. Tech Independence Focused ETF is an actively managed fund that aims to capture the evolving landscape of tech-focused companies. IETC's holdings are diversified across various sectors, with a significant emphasis on the technology industry. Over the last three years, the Fund has underperformed similar passive Technology sector ETFs, raising doubts about the effectiveness of active management in this space.

IETC: An Active Technology Play That Isn't Outperforming

The iShares U.S. Tech Independence Focused ETF is an actively managed Tech ETF that's delivered a 155% total return since its March 2018 launch. Fees are surprisingly low at 0.18%. Despite being actively managed, portfolio turnover is in the single digits. Investors will gain consistent exposure to stocks like Amazon, Meta Platforms, and Alphabet due to IETC's multi-sector approach. Competing Tech ETFs like XLK are too concentrated in two stocks: Apple and Microsoft. IETC solves that problem, and is noticeably underweight Apple at just 3.25%.

IETC: Actively Managed Tech ETF Flying Under The Radar

Qraft AI-Enhanced US Large Cap Momentum ETF

Fidelity Cloud Computing ETF

Visionary Education Technology Holdings Group Inc

First Trust NASDAQ Technology Dividend Index Fund

Oracle (ORCL) reported lackluster first-quarter fiscal 2024 results. The software giant provided downbeat guidance, citing strong competition in the cloud-computing industry and a digital spending pullback.

Oracle Sinks Post Lackluster Q1 Earnings: ETFs in Focus

Fidelity Disruptive Technology ETF

iShares North American Tech-Software ETF

Salesforce (CRM) reported its second quarter earnings on Wednesday after the bell, recording beats on both lines.

Salesforce Pops on Earnings Strength: ETFs in Focus

Fidelity MSCI Information Technology Index ETF

iShares U.S. Technology ETF

SPDR S&P Kensho New Economies Composite ETF

The artificial intelligence (AI) industry is growing rapidly, and investors are looking for ways to gain exposure to this market. One way to do this is through ETFs that invest in AI.

Comparing the Expense Ratios of ETFs Investing in AI: Which One Is Right for You?

First Trust Cloud Computing ETF

Oracle (ORCL) reported solid fourth-quarter fiscal 2023 results, beating both revenue and earnings estimates. The software giant forecast an upbeat first quarter.

Oracle Beats on Earnings in Q4, Shares Jump: ETFs to Tap

First Trust Nasdaq Semiconductor ETF

Pacer Data And Digital Revolution ETF

Apple and Broadcom recently entered into a partnership to collab on the development of 5G radio frequency components within the United States. Take a look into how the multi-billion dollar deal affects ETFs with exposure to Broadcom.

Take a Look Into How Apple-Broadcom Deal Puts ETFs in Focus

Vanguard Mega Cap Growth ETF

Invesco QQQ

T Rowe Price Blue Chip Growth ETF

The five biggest tech players - Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Meta Platforms (META) and Alphabet (GOOGL) - are set to report this week and the next. All these tech giants have gained between 18% and 70% this year.

ETFs in Focus Ahead of Big Tech Q1 Earnings

Most of the tech titans are expected to report slowing profit and revenue growth, or even year-over-year declines, for the three months ending in September, according to the analyst estimates.

What Lies Ahead for Big Tech ETFs in Q3 Earnings?

We are in the peak of the second-quarter earnings season and tech giants are in the spotlight this week.

ETFs in Focus Ahead of Big Tech Q2 Earnings

IETC has a flexible approach to selecting tech stocks, prioritizing economic characteristics assessed by analysts and AI. From March 2018 to April 2022, it easily trounced both QQQ and IVV, delivering a ~21.4% compound annual growth rate vs. QQQ's ~20.6% and IVV's ~17.7%.

IETC: Proceed With Caution As Valuations Remain Extreme

The technology has been the hardest hit sector since the start of 2022, thanks to soaring yields and a hawkish Fed.

What Lies Ahead for Big Tech ETFs in Q1 Earnings?

We are in the peak earnings season and tech giants are in the spotlight this week, with some of five biggest giants reporting this week.

ETFs in Focus Ahead of Big Tech Q4 Earnings

Total Q3 earnings from the group of five companies are expected to be up 24.3% on revenue growth of 25.1%.

ETFs in Focus as Big Tech Q3 Earnings Start to Unfold

Amplify Transformational Data Sharing ETF

iShares North American Tech-Multimedia Networking ETF

Pfizer

The 3D Printing ETF

The technology sector has regained strong momentum lately, making it one of the outperforming sectors of this year.

5 Tech ETFs Outperforming the Market This Year

Total Q2 earnings from the group of five tech titans are expected to be up 48.4% on revenue growth of 29.2%.

6 ETFs in the Spotlight Ahead of Big Tech Q2 Earnings

Vanguard Information Technology ETF

SPDR S&P Software & Services ETF

While Cathie Wood's ARK Innovation ETF gets a lot of attention, it is only one of many tech ETFs that investors can put money into. The post 3 Top Alternatives to Cathie Wood's ARKK appeared first on InvestorPlace.

3 Top Alternatives to Cathie Wood's ARKK

Technology Select Sector SPDR Fund

The technology sector, which generally performs better when interest rates are low, showed strength on the view that low interest rates will remain in place for at least more than a year. This should provide a boost to the stocks.

Tech ETFs Hit New Peaks Despite Hawkish Fed

WisdomTree U.S. SmallCap Earnings Fund

First Trust Nasdaq Retail ETF

First Trust Materials AlphaDEX Fund

Invesco KBW Bank ETF

Several equity ETFs have impressed with their performances and generated handsome returns over the trailing one-month period though inflation fears and the resultant market sell-off have suppressed the returns.

Q1 Earnings Effect: 5 Must-Watch ETF Charts

Total Q1 earnings from the group of five companies are expected to be up 43.5% on revenue growth of 31.4%. This reflects a solid improvement from the Q4 earnings growth of 41.2% and revenue growth of 29%.

News for iShares Evolved U.S. Technology ETF ETF (IETC)