iShares U.S. Tech Breakthrough Multisector ETF (TECB)
TECB is a passive ETF by iShares tracking the investment results of the NYSE FactSet U.S. Tech Breakthrough Index. TECB launched on Jan 8, 2020 and has a 0.40% expense ratio.
ETF Info
US46436E5024
46436E502
Jan 8, 2020
North America (U.S.)
1x
NYSE FactSet U.S. Tech Breakthrough Index
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares U.S. Tech Breakthrough Multisector ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares U.S. Tech Breakthrough Multisector ETF had a return of 24.66% year-to-date (YTD) and 36.80% in the last 12 months.
TECB
24.66%
2.46%
10.77%
36.80%
N/A
N/A
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of TECB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.52% | 5.46% | 1.31% | -6.06% | 5.18% | 6.58% | -2.64% | 2.59% | 1.91% | 0.31% | 24.66% | ||
| 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% |
| 2020 | -0.68% | -4.80% | -6.42% | 14.73% | 7.97% | 4.48% | 5.32% | 9.46% | -4.25% | -4.40% | 10.34% | 3.99% | 38.67% |
Expense Ratio
TECB features an expense ratio of 0.40%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TECB is 70, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares U.S. Tech Breakthrough Multisector ETF provided a 0.31% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.17 | $0.10 | $0.17 | $0.15 | $0.27 |
Dividend yield | 0.31% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.15 | |
| 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 |
| 2020 | $0.14 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.27 |
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.
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 3.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.62% | Nov 9, 2021 | 235 | Oct 14, 2022 | 315 | Jan 18, 2024 | 550 |
| -27.96% | Feb 20, 2020 | 18 | Mar 16, 2020 | 46 | May 20, 2020 | 64 |
| -12.26% | Jul 11, 2024 | 18 | Aug 5, 2024 | 45 | Oct 8, 2024 | 63 |
| -11.23% | Sep 3, 2020 | 14 | Sep 23, 2020 | 52 | Dec 7, 2020 | 66 |
| -11.2% | Feb 16, 2021 | 15 | Mar 8, 2021 | 27 | Apr 15, 2021 | 42 |
Volatility
Volatility Chart
The current iShares U.S. Tech Breakthrough Multisector ETF volatility is 5.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.