TECBiShares U.S. Tech Breakthrough Multisector ETF

Grow my money6y track recordRanked #864 of 2,960 in this goal

Seeks to track the investment results of an index composed of U.S. companies that could benefit from various breakthrough technologies.

By iShares · Launched 2020

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$495M

#1,571 of 5,562 · large

Return (1Y)Goal

+26.0%

Track Record

6 years

#2,042 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,732+27.3%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Information technology

Focus

Artificial Intelligence

Index tracked

NYSE FactSet US Tech Breakthrough Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.9% of fundmoderately concentrated

Merck & Co., Inc.

4.6%

Advanced Micro Devices, Inc.

4.5%

Meta Platforms, Inc.

4.4%

Alphabet, Inc.

4.4%

NVIDIA Corp.

4.4%

Amazon.com, Inc.

4.3%

Apple, Inc.

3.9%

Microsoft Corp.

3.7%

Netflix, Inc.

3.5%

Palantir Technologies, Inc.

3.3%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

64.3%

Communication

10.8%

Healthcare

10.8%

Financial Services

5.6%

Consumer Cyclical

5.3%

Real Estate

1.7%

Industrials

0.8%

Energy

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.2%Moderate

Year-on-year price swings

Max drawdown

-41.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.98Decent risk-adjusted returns

Sortino (3Y)

1.42Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index composed of U.S. companies that could benefit from various breakthrough technologies.
Strategy: Tracks the NYSE FactSet U.S. Tech Breakthrough Index, measuring performance of U.S. companies engaged in breakthrough technologies like robotics, AI, cybersecurity, and genomics.
Inception date: January 8, 2020
Fund family: iShares