Key stats
About iShares U.S. Tech Breakthrough Multisector ETF
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Inception date
Jan 8, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
TECB tracks a rules-based equity index of US-listed companies engaged in the research and development of products and services in one of five thematic segments: (i) robotics and artificial intelligence, (ii) cyber security, (iii) cloud and data tech, (iv) financial technology, and (v) genomics and immunology. Companies are grouped based on RBICS. Eligible securities must meet market cap and ADTV requirements and significant revenue must be derived from specific themes, with an additional screen to the Genomics and Immunology theme. The index uses automated semantic search algorithms to identify supply chain relationships in the Genomics and Immuno Biopharmaceutical segment. A composite relationship score for each stock in the segment is calculated with the top 50 being selected. Weighting of the portfolio is a mix of segment weight, set at a minimum of 10%, and individual security, set at a maximum of 4%. The index is reconstituted annually and rebalanced semiannually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks99.85%
Technology Services52.31%
Electronic Technology18.92%
Health Technology10.30%
Finance9.01%
Retail Trade6.07%
Commercial Services1.85%
Producer Manufacturing0.61%
Industrial Services0.53%
Consumer Services0.24%
Process Industries0.01%
Communications0.01%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
North America97.74%
Latin America1.40%
Middle East0.87%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TECB invests in stocks. The fund's major sectors are Technology Services, with 52.31% stocks, and Electronic Technology, with 18.92% of the basket. The assets are mostly located in the North America region.
TECB top holdings are Netflix, Inc. and Meta Platforms Inc Class A, occupying 5.44% and 4.37% of the portfolio correspondingly.
TECB last dividends amounted to 0.03 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 31.57% decrease.
TECB assets under management is 416.20 M USD. It's risen 4.48% over the last month.
TECB fund flows account for −34.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TECB pays dividends to its holders with the dividend yield of 0.31%. The last dividend (Mar 21, 2025) amounted to 0.03 USD. The dividends are paid quarterly.
TECB shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jan 8, 2020, and its management style is Passive.
TECB expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
TECB follows the NYSE FactSet U.S. Tech Breakthrough Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TECB invests in stocks.
TECB price has risen by 8.72% over the last month, and its yearly performance shows a 11.41% increase. See more dynamics on TECB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.48% over the last month, showed a 0.62% increase in three-month performance and has increased by 11.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.48% over the last month, showed a 0.62% increase in three-month performance and has increased by 11.08% in a year.
TECB trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.