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TEC vs IYW

Harbor Transformative Technologies ETF vs iShares U.S. Technology ETF

TEC

Harbor Transformative Technologies ETF

Harbor Capital Advisors Inc

Annual cost

0.69%

Fund size

$7M

IYW

iShares U.S. Technology ETF

iShares

Annual cost

0.38%

Fund size

$21.5B

Key differences

  • IYW costs 0.31% less per year.
  • IYW is significantly larger than TEC — larger funds tend to be more liquid and less likely to close.
  • TEC follows a active selection strategy; IYW uses index tracking.
  • IYW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TECIYW
Annual cost (TER)0.69%0.38%
Fund size (AUM)$7M$21.5B
Since20252000
Dividend yield0.00%0.12%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+40.3%+59.0%
CAGR 3YN/A+36.1%
CAGR 5YN/A+23.0%
Sharpe 3YN/A1.28
Volatility 1Y20.03%20.06%
Max drawdown-17.50%-39.44%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TEC and IYW