IETC vs SUPP

IETCAiShares U.S. Tech Independence Focused ETF

SUPPDTCW Transform Supply Chain ETF

In short

IETC Most reshoring funds buy factories. This one buys the tech behind them: an active BlackRock portfolio that uses geolocation data to favor U.S. tech firms with more capability, revenue and production at home. Running since 2018.

SUPP Reshoring, stock-picked. SUPP is an active, roughly 30-name book on the companies rebuilding North American supply chains: factories, freight and the automation in between, run by TCW's analysts since February 2023.

Stated mandate

IETC The fund seeks long-term growth through actively managed exposure to U.S. technology companies with resilient value chains, domestic capabilities, and a greater proportion of U.S. technological capabilities, revenues, and production.

SUPP The fund seeks concentrated exposure to companies driving or benefiting from the relocation of supply chains to North America, particularly across manufacturing, transportation, and automation.

Why people hold it

• IETC At 0.18%, it costs a fraction of the typical fund in this theme, where the median sits at 0.75%. That is unusual pricing for anything actively managed.
• Actively managed, not index-tracking. BlackRock uses geolocation data and proprietary models to identify U.S. tech companies with a greater share of capabilities, revenue and production onshore.ishares.com
• The definition of "tech" here is not the standard sector box. A proprietary classification system decides who counts, which can reach names a traditional sector screen files elsewhere.ishares.com
• One of the stronger implementations in its peer group, and it has been trading since 2018, before reshoring became a crowded fund-marketing category.

• SUPP Active by design: TCW's managers pick roughly 30 names rather than taking whatever a reshoring screen spits out.tcw.com
• Covers the whole chain, not just the factory floor: manufacturing, transportation and automation tied to the shift toward North America.tcw.com
• Trading since February 2023, so the theme comes with a live multi-year record of real decisions instead of a backtest.

Worth knowing

• IETC Roughly 100 stocks in one sector, and it sits at the higher-volatility end of what we track. Tech drawdowns land with little inside the portfolio to cushion them.
• "Tech independence" is BlackRock's own call, set by proprietary models rather than a public index, and iShares notes the classification system may not achieve its intended results.ishares.com
• Mid-sized and moderately traded rather than a headline-volume ETF, so limit orders are the sensible habit on larger tickets.

• SUPP A small fund that trades thinly. Spreads can be wider than on big index ETFs, and larger orders can move the price.
• The 0.75% fee is par for active thematics, but index-built rivals like IETC and MADE charge far less for reshoring exposure.
• About 30 holdings, concentrated by mandate: individual picks and a couple of sectors carry real weight in the ride.

Full IETC profile⁠

Full SUPP profile⁠