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
449.5 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Blackrock |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 08, 2020 |
| Assets (mns) | $450 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | None |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ALPHABET INC. CLASS A | 5.8 % |
| NVIDIA CORP | 4.8 % |
| APPLE INC | 4.8 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 4.7 % |
| ADVANCED MICRO DEVICES | 4.7 % |
| ORACLE CORP | 4.4 % |
| AMAZON.COM INC | 4.1 % |
| MERCK & CO. INC. | 3.9 % |
| MICROSOFT CORP | 3.8 % |
| REGENERON PHARMACEUTICALS | 3.3 % |
Constituent Breakdown
| Number of holdings | 168 |
| Herfindahl-Hirschman Index | 291 |
| Wgt avg mkt cap (mns) | $1,074,449 |
| Large cap (>$10bn) | 96.2% |
| Mid cap ($2-10bn) | 1.9% |
| Small cap (<$2bn) | 1.0% |
| Developed mkts. | 97.5% |
| Emerging mkts. | 1.5% |
Country Exposure
 |
UNITED STATES | 96.8 % |
 |
ARGENTINA | 1.1 % |
 |
ISRAEL | 0.8 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.5% | 23.7% | 33.6% | 31.3% | 15.7% | -- | -- | 17.0% |
| Dividend Yield | 0.1% | 0.1% | 0.3% | 0.4% | 0.4% | -- | -- | 0.5% |
| Total Returns | 19.6% | 23.8% | 33.9% | 31.6% | 16.1% | -- | -- | 17.5% | Ann. Volatility | 24.8% | 23.8% | 20.7% | 21.5% | 23.7% | -- | -- | 26.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 76% |
| MSCI EAFE | 0.53 | 18% |
| MSCI Emg Mkts | 0.44 | 15% |
Liquidity Measures
| Avg. volume (000) | 15 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.06% |
Technical Indicators
| Recent close | $61.16 |
| 30d moving avg. | $61.88 |
| Annualized volatility | 18.4% |
| Relative strength (RSI) | 52 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| XPND | First Trust Expanded Technology ETF | 49.2% | +25 bp | +3.8% |
| IGM | iShares Expanded Tech Sector ETF | 46.5% | +1 bp | +3.8% |
| LRND | IQ U.S. Large Cap R&D Leaders ETF | 45.3% | -26 bp | +5.1% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 45.0% | -12 bp | +4.2% |
| GGUS | Marketbeta Russell 1000 Growth Equity ETF | 44.8% | -28 bp | +4.7% |
| XNTK | State Street SPDR NYSE Technology ETF | 44.4% | -5 bp | +3.6% |
| HAPI | Harbor Human Capital Factor US Large Cap ETF | 41.9% | -4 bp | +4.9% |
| IYW | iShares U.S. Technology ETF | 41.7% | 0 bp | +3.9% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 41.7% | +28 bp | +3.6% |
| MGK | Vanguard Mega Cap Growth ETF | 41.4% | -33 bp | +4.3% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 11/14/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
TECB
3.9%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 997 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.3%. TECB's ALTAR Score™ is approximately
0.8 standard deviations
below
the category average. This places TECB in the 22nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
TECBSELL
U/W
HOLD
O/W
BUY