ETECiShares Breakthrough Environmental Solutions ETF

Grow my money3y track recordRanked #2,371 of 2,960 in this goal

Seeks to track the investment results of an index composed of U.S. and non-U.S. companies involved in breakthrough innovations.

By iShares · Launched 2023

Annual Cost

0.47%

#2,305 of 5,562 · average

Fund Size

$5M

#5,070 of 5,562 · small

Return (1Y)Goal

+58.8%

Track Record

3 years

#2,968 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$15,745+57.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

ESG, General Innovation

Index tracked

Morningstar Global Emerging Green Technologies Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 60.8% of fundconcentrated

BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares

11.9%

ALLEGRO MICROSYSTEMS, INC

7.0%

Kurita Water Industries Ltd.

6.5%

BORGWARNER INC.

6.4%

NEXTPOWER INC.

5.4%

UNIVERSAL DISPLAY CORPORATION

5.3%

YASKAWA Electric Corporation

5.2%

Contemporary Amperex Technology Co., Ltd.

4.9%

Kemira Oyj

4.4%

FIRST SOLAR, INC.

3.7%

Asset allocation

Stocks

99.7%

Cash

0.3%

By sector

Industrials

41.5%

Technology

34.9%

Consumer Cyclical

20.7%

Basic Materials

3.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.9%High

Year-on-year price swings

Max drawdown

-39.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.28Below average

Sortino (3Y)

0.41Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to track the investment results of an index composed of U.S. and non-U.S. companies involved in breakthrough innovations.
Strategy: Seeks to track the investment results of the Morningstar Global Emerging Green Technologies Select Index, which measures equity securities of companies involved in breakthrough innovations promoting sustainability. The Index Provider applies revenue screens to select companies with significant sustainable activities involvement and assigns scores based on innovation stages to determine eligibility for the Underlying Index.
Inception date: March 28, 2023
Fund family: iShares