- ISIN
- US46436E5024
- CUSIP
- 46436E502
- Issuer
- iShares
- Inception Date
- Jan 8, 2020
- Region
- North America (U.S.)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NYSE FactSet U.S. Tech Breakthrough Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $495M
Share Price Chart
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Performance
TECB Performance Chart
iShares U.S. Tech Breakthrough Multisector ETF (TECB) is up 19.8% since the beginning of the year. TECB is currently trading at $73 per share. Investors who bought $1,000 worth of TECB shares 5 years ago would now be looking at an investment worth $1,977.
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Returns By Period
iShares U.S. Tech Breakthrough Multisector ETF (TECB) has returned 19.78% so far this year and 34.41% over the past 12 months.
iShares U.S. Tech Breakthrough Multisector ETF
- 1D
- -0.89%
- 1M
- 12.64%
- YTD
- 19.78%
- 6M
- 18.27%
- 1Y
- 34.41%
- 3Y*
- 26.35%
- 5Y*
- 14.60%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
TECB Monthly Returns History
Based on dividend-adjusted daily data since Jan 10, 2020, TECB's average daily return is +0.08%, while the average monthly return is +1.59%. At this rate, an investment would double in approximately 3.7 years.
Historically, 58% of months were positive and 42% were negative. The best month was May 2026 with a return of +15.2%, while the worst month was Apr 2022 at -13.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TECB closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -11.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.68% | -4.18% | -3.22% | 14.82% | 15.18% | -0.67% | 19.78% | ||||||
| 2025 | 3.64% | -3.24% | -8.27% | 2.99% | 6.41% | 7.12% | 0.77% | 0.67% | 3.83% | 5.28% | -3.55% | -0.55% | 14.86% |
| 2024 | 4.52% | 5.46% | 1.31% | -6.06% | 5.18% | 6.58% | -2.64% | 2.59% | 1.91% | 0.31% | 6.83% | -3.04% | 24.38% |
| 2023 | 12.48% | -1.27% | 9.64% | -1.50% | 9.47% | 5.67% | 4.15% | -1.47% | -5.81% | -2.60% | 13.93% | 5.87% | 57.53% |
| 2022 | -10.34% | -4.82% | 2.20% | -13.90% | -1.97% | -8.56% | 9.78% | -4.90% | -10.75% | 7.42% | 4.91% | -7.16% | -34.39% |
| 2021 | 0.43% | 0.99% | -0.64% | 5.97% | -0.88% | 7.90% | 2.80% | 5.18% | -5.06% | 4.60% | -0.28% | -2.20% | 19.60% |
Benchmark Metrics
iShares U.S. Tech Breakthrough Multisector ETF has an annualized alpha of 3.20%, beta of 1.12, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since January 13, 2020.
- This ETF captured 122.13% of S&P 500 Index gains and 105.91% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 3.20% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.12 and R2 of 0.82, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.20%
- Beta
- 1.12
- R²
- 0.82
- Upside Capture
- 122.13%
- Downside Capture
- 105.91%
Expense Ratio
TECB has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TECB ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) and compare them to S&P 500 Index.
| TECB | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 2.24 | -0.21 |
Sortino ratioReturn per unit of downside risk | 2.75 | 3.07 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.13 | 2.93 | -0.80 |
Martin ratioReturn relative to average drawdown | 6.24 | 13.52 | -7.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
iShares U.S. Tech Breakthrough Multisector ETF provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.20 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.19 | $0.10 | $0.17 | $0.15 | $0.27 |
Dividend yield | 0.28% | 0.33% | 0.35% | 0.23% | 0.61% | 0.35% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. Tech Breakthrough Multisector ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.20 |
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.04 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares U.S. Tech Breakthrough Multisector ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares U.S. Tech Breakthrough Multisector ETF was 41.62%, occurring on Oct 14, 2022. Recovery took 315 trading sessions.
The current iShares U.S. Tech Breakthrough Multisector ETF drawdown is 1.70%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -41.62%Oct 2022 | 11mo 9d | 1y 3mo | 2y 2moNov 2021 - Jan 2024 |
COVID crash2020 | -27.96%Mar 2020 | 25d | 2mo 5d | 3moFeb 2020 - May 2020 |
2025 selloff2025 | -23.91%Apr 2025 | 1mo 18d | 2mo 19d | 4mo 7dFeb 2025 - Jun 2025 |
2026 correction2026 | -16.24%Mar 2026 | 5mo 2d | 1mo 2d | 6mo 4dOct 2025 - May 2026 |
2024 correction2024 | -12.26%Aug 2024 | 25d | 2mo 4d | 2mo 29dJul 2024 - Oct 2024 |
Drawdown Indicators
| TECB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -56.78% | +15.16% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -9.10% | -7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | -18.90% | -5.01% |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | -25.43% | -16.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.70% | -0.74% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -10.18% | -10.72% | +0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 1.97% | +3.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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