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ETFs

iShares Future Cloud 5G and Tech ETF

IDAT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 8, 2021
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$10,723
AUM
$5,584,649
Associated Index
Morningstar Global Digital Infrastructure & Connectivity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AVGO
Broadcom Inc
3.72%
SOFI
SoFi Technologies Inc
3.61%
ANET
Arista Networks Inc
3.31%
TWLO
Twilio Inc - Ordinary Shares Class A
3.07%
NET
Cloudflare Inc - Ordinary Shares - Class A
3.05%
DDOG
Datadog Inc - Ordinary Shares - Class A
3.04%
INTC
Intel Corp.
2.83%
AKAM
Akamai Technologies Inc
2.83%
PSTG
Pure Storage Inc - Ordinary Shares - Class A
2.82%
NXPI
NXP Semiconductors NV
2.8%
Invest with IDAT
Trade IDAT Options

What is IDAT?

The iShares Cloud 5G and Tech ETF seeks to track the investment results of an index composed of companies from developed and emerging markets that could benefit from providing products, services, and technologies related to cloud computing and 5G.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

IDAT
Performance Measures**

for the time period Dec 5, 2024 to Aug 19, 2025

Returns

1M Trailing Return: -0.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -27.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 30.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.59

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.52

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIDAT

ETFs correlated to IDAT include FXL, XT, RSPT

IDAT
iShares Trust - iShares Future Cloud 5G and Tech ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
WTAI
WisdomTree Trust - WisdomTree Artificial Intelligence and Innovation Fund
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
FIVG
ETF Series Solutions Trust - Defiance Next Gen Connectivity ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
ROBT
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Artificial Intelligence and Robotics ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IDAT is a Global Equities ETF. The iShares Cloud 5G and Tech ETF seeks to track the investment results of an index composed of companies from developed and emerging markets that could benefit from providing products, services, and technologies related to cloud computing and 5G.

IDAT tracks the Morningstar Global Digital Infrastructure & Connectivity Index.

No, IDAT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IDAT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IDAT is -0.0124%. This is the percent change in the value of IDAT over the most recent 1-month period. The 3-month return on IDAT is -0.0079%. This is the percent change in the value of IDAT over the most recent 3-month period.

The standard deviation of IDAT for the past year is 0.2448%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IDAT include IXJ, SMH, and URA.

ETFs correlated to IDAT include FXL, XT, and RSPT.

ETFs that are inversely correlated to IDAT include HIBS, SOXS, and TECS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.