BTEK vs. TECB
Compare and contrast key facts about Future Tech ETF (BTEK) and iShares U.S. Tech Breakthrough Multisector ETF (TECB).
BTEK and TECB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTEK is an actively managed fund by Blackrock Financial Management. It was launched on Sep 29, 2020. TECB is a passively managed fund by iShares that tracks the performance of the NYSE FactSet U.S. Tech Breakthrough Index. It was launched on Jan 8, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTEK or TECB.
Key characteristics
| BTEK | TECB |
|---|
Correlation
The correlation between BTEK and TECB is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BTEK vs. TECB - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BTEK vs. TECB - Expense Ratio Comparison
BTEK has a 0.88% expense ratio, which is higher than TECB's 0.40% expense ratio.
Risk-Adjusted Performance
BTEK vs. TECB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and iShares U.S. Tech Breakthrough Multisector ETF (TECB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BTEK vs. TECB - Dividend Comparison
BTEK has not paid dividends to shareholders, while TECB's dividend yield for the trailing twelve months is around 0.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
BTEK Future Tech ETF | 100.03% | 0.00% | 0.00% | 0.00% | 0.00% |
TECB iShares U.S. Tech Breakthrough Multisector ETF | 0.30% | 0.23% | 0.61% | 0.35% | 0.77% |
Drawdowns
BTEK vs. TECB - Drawdown Comparison
Volatility
BTEK vs. TECB - Volatility Comparison
The current volatility for Future Tech ETF (BTEK) is 0.00%, while iShares U.S. Tech Breakthrough Multisector ETF (TECB) has a volatility of 4.70%. This indicates that BTEK experiences smaller price fluctuations and is considered to be less risky than TECB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.