IETC vs QOWZ
iShares U.S. Tech Independence Focused ETF against Invesco Nasdaq Free Cash Flow Achievers ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
26%
13 shared positions
Fee gap
—
same fee
1-year return gap
10.3 pts
IETC is ahead
Larger fund
IETC
$735M
Side by side
| IETC | QOWZ | |
|---|---|---|
| Fund | iShares U.S. Tech Independence Focused ETF | Invesco Nasdaq Free Cash Flow Achievers ETF |
| Issuer | iShares | Invesco |
| Category | Technology | Cash Flow & Buybacks |
| Expense ratio | 0.18% | — |
| Assets | $735M | $10M |
| Average daily dollar volume | $1.8M | $17K |
| Listed | Mar 21, 2018 | Dec 6, 2023 |
| FrenzyCap score | 61 | 18 |
| 1-month return | +8.0% | +4.7% |
| 3-month return | +10.8% | +7.8% |
| Year to date | +14.9% | +4.6% |
| 1-year return | +12.3% | +2.0% |
| 30-day volatility | 19.5% | 13.4% |
| Worst drawdown, 1 year | −21.4% | −17.9% |
| Trailing 12-month yield | 0.35% | 0.24% |
| Holdings | 112 | 52 |
| Top 10 weight | 49.5% | 42.6% |
| Look-through P/E | 36.7 | 29.6 |
| Holdings vs fair value | −3.7% | +5.5% |
| Holdings above 200-day average | 83% | 65% |
| Net flow, latest 3 reported months | −$115M thru Jul 2026 | — |
| 30-day implied volatility | 23.5% | — |
| Holdings as of | as of Oct 8, 2026issuer data | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
29% of IETC · 44% of QOWZ
Sector mix of the stock holdings
| Sector | IETC | QOWZ | Gap |
|---|---|---|---|
| Technology | 87.1% | 68.6% | +18.5% |
| Industrials | 6.5% | 13.4% | −6.9% |
| Health Care | 0.2% | 7.5% | −7.3% |
| Consumer Discretionary | 3.1% | 1.5% | +1.6% |
| Utilities | 0.0% | 3.7% | −3.7% |
| Consumer Staples | 0.0% | 3.7% | −3.7% |
| Financials | 1.8% | 0.9% | +0.9% |
| Other | 0.0% | 0.8% | −0.8% |
| Real Estate | 0.4% | 0.0% | +0.4% |
| Communication Services | 0.1% | 0.0% | +0.1% |
More: full overlap table · IETC holdings · QOWZ holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.