iShares US Tech Breakthrough Multisector ETF
TECB
Market cap $429M

52.34 USD

-0.13

0.25%

Updated Oct 22, 10:29 AM EDT

1 day

-0.25%

5 days

0.48%

1 month

2.39%

3 months

4.37%

6 months

17.07%

Year to date

24.21%

1 year

46.08%

5 years

106.23%

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

21% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 19

6% more funds holding

Funds holding: 63 [Q1] → 67 (+4) [Q2]

1% more capital invested

Capital invested by funds: $303M [Q1] → $304M (+$1.76M) [Q2]

2.04% less ownership

Funds ownership: 73.94% [Q1] → 71.89% (-2.04%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for TECB.

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Financial journalist opinion

Negative

Seeking Alpha

5 months ago

TECB: Not A Good Choice When Compared To Other Traditional Technology ETFs

iShares U.S. Tech Breakthrough Multisector ETF owns a diversified portfolio of U.S. large-cap stocks benefiting from breakthrough technologies. The Fund has generally outperformed the S&P 500 in bull markets but underperformed in bear markets since its inception in 2020. TECB's portfolio includes not only information technology stocks but also companies from other sectors, potentially impacting long-term returns compared to traditional technology ETFs.

Positive

Zacks Investment Research

8 months ago

Tech ETFs Riding the Wave of Strong Earnings

Strong corporate earnings has resulted in strong gains for tech ETFs, with many hitting a new one-year high.

Neutral

Seeking Alpha

9 months ago

TECB: More Evenly Diversified At The Cost Of Lower Performance

iShares U.S. Tech Breakthrough Multisector ETF warrants a hold rating due to mixed factors impacting the fund's performance looking forward. TECB has a more evenly diversified approach compared to other technology ETFs, including weight in non-IT sectors, but has seen lower historical performance compared to XLK, VGT, and QQQ. The Fund has a higher expense ratio, lower dividend yield, and negative dividend growth compared to other big tech ETFs examined in this article.

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iShares US Tech Breakthrough Multisector ETFTECB Market cap $429M