TECB
iShares U.S. Tech Breakthrough Multisector ETF
TECB tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 500.3 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Jan 08, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | None |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PALO ALTO NETWORKS INC | 5.1 % |
| ADVANCED MICRO DEVICES | 4.6 % |
| MICROSOFT CORP | 4.5 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 4.5 % |
| META PLATFORMS INC | 4.3 % |
| MERCK & CO. INC. | 4.3 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 4.1 % |
| VISA INC. CLASS A | 4.0 % |
| NVIDIA CORP | 3.9 % |
| APPLE INC | 3.9 % |
Constituent Breakdown
| Number of holdings | 183 |
| Herfindahl-Hirschman Index | 280 |
| Wgt avg mkt cap (mns) | $965,653 |
| Large cap (>$10bn) | 95.6% |
| Mid cap ($2-10bn) | 2.3% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 97.6% |
| Emerging mkts. | 0.9% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 98.3 % |
 |
ARGENTINA | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 29.6% | 30.8% | 24.1% | 29.3% | 14.0% | -- | -- | 18.4% |
| Dividend Yield | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% | -- | -- | 0.6% |
| Total Returns | 29.9% | 31.2% | 24.5% | 29.7% | 14.4% | -- | -- | 19.0% | Ann. Volatility | 20.4% | 19.8% | 21.7% | 20.4% | 23.9% | -- | -- | 25.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.34 | 77% |
| MSCI EAFE | 0.77 | 39% |
| MSCI Emg Mkts | 0.53 | 46% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $72.06 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 1.31/0.82 |
| Bollinger Bands (Upper/Lower) | $76.92/$66.43 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. TECB |
Expenses vs. TECB |
ALTAR Score™ vs. TECB |
|---|---|---|---|---|
| USMD | CoreValues America First Technology ETF | 47.8% | +47 bp | -1.0% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 47.5% | +28 bp | -0.5% |
| XPND | First Trust Expanded Technology ETF | 45.2% | +25 bp | +0.5% |
| IGM | iShares Expanded Tech Sector ETF | 44.5% | +1 bp | +0.7% |
| AIX | Defiance US 100 Tech AI Moat ETF | 43.6% | +25 bp | -0.5% |
| QQWZ | Pacer Cash COWZ 100-Nasdaq100 Rotator ETF | 42.6% | +9 bp | +6.6% |
| BAY | Corgi Bay Area Based ETF | 42.6% | -20 bp | -0.1% |
| IQQ | iShares Nasdaq 100 ETF | 42.6% | -30 bp | +1.2% |
| QNDX | State Street SPDR Portfolio Nasdaq 100 ETF | 42.5% | -30 bp | +1.0% |
| QQQ | Invesco QQQ Trust Series I | 42.4% | -20 bp | +1.1% |
Risk and Returns: TECB vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.4%
ALTAR SCORE™
16th
PERCENTILE
AVOID
ETFRC RATING
There are 1,394 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. TECB's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places TECB in the 16th percentile
among funds in the category.
Sell-Side Consensus
$90.8
PRICE TARGET
+18.9%
UPSIDE