iShares U.S. Tech Breakthrough Multisector ETFiShares U.S. Tech Breakthrough Multisector ETFiShares U.S. Tech Breakthrough Multisector ETF

iShares U.S. Tech Breakthrough Multisector ETF

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Key stats


Assets under management (AUM)
‪416.80 M‬USD
Fund flows (1Y)
‪−34.61 M‬USD
Dividend yield (indicated)
0.31%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪7.75 M‬
Expense ratio
0.30%

About iShares U.S. Tech Breakthrough Multisector ETF


Brand
iShares
Home page
Inception date
Jan 8, 2020
Structure
Open-Ended Fund
Index tracked
NYSE FactSet U.S. Tech Breakthrough Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
TECB tracks a rules-based equity index of US-listed companies engaged in the research and development of products and services in one of five thematic segments: (i) robotics and artificial intelligence, (ii) cyber security, (iii) cloud and data tech, (iv) financial technology, and (v) genomics and immunology. Companies are grouped based on RBICS. Eligible securities must meet market cap and ADTV requirements and significant revenue must be derived from specific themes, with an additional screen to the Genomics and Immunology theme. The index uses automated semantic search algorithms to identify supply chain relationships in the Genomics and Immuno Biopharmaceutical segment. A composite relationship score for each stock in the segment is calculated with the top 50 being selected. Weighting of the portfolio is a mix of segment weight, set at a minimum of 10%, and individual security, set at a maximum of 4%. The index is reconstituted annually and rebalanced semiannually.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Broad technology
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Fundamental
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
1%97%0.9%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to TECB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TECB trades at 53.59 USD today, its price has fallen −0.11% in the past 24 hours. Track more dynamics on TECB price chart.
TECB net asset value is 53.70 today — it's risen 6.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TECB assets under management is ‪416.80 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TECB price has risen by 8.72% over the last month, and its yearly performance shows a 11.41% increase. See more dynamics on TECB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.48% over the last month, showed a 0.62% increase in three-month performance and has increased by 11.08% in a year.
TECB fund flows account for ‪−34.61 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TECB invests in stocks. See more details in our Analysis section.
TECB expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TECB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TECB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TECB shows the buy signal. See more of TECB technicals for a more comprehensive analysis.
Yes, TECB pays dividends to its holders with the dividend yield of 0.31%.
TECB trades at a premium (0.19%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TECB shares are issued by BlackRock, Inc.
TECB follows the NYSE FactSet U.S. Tech Breakthrough Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 8, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.