TEND vs. BTEK

Last updated Jun 5, 2026

TEND (iShares Large Cap 10% Target Buffer Dec ETF) and BTEK (Future Tech ETF) are both exchange-traded funds - TEND is a Defined Outcome fund actively managed by BlackRock, while BTEK is a Technology Equities fund actively managed by BlackRock. Both are actively managed. TEND charges 0.50%/yr vs 0.88%/yr for BTEK.

Performance

TEND vs. BTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Large Cap 10% Target Buffer Dec ETF (TEND) and Future Tech ETF (BTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TEND

• 1D: 0.30%
• 1M: 2.69%
• YTD: 7.23%
• 6M: 7.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTEK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TEND vs. BTEK - Yearly Performance Comparison

	2026 (YTD)	2025
TEND iShares Large Cap 10% Target Buffer Dec ETF	7.23%	1.72%
BTEK Future Tech ETF	0.00%	0.00%

Return for Risk

TEND vs. BTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap 10% Target Buffer Dec ETF (TEND) and Future Tech ETF (BTEK). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TEND	BTEK	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	—	—

Drawdowns

Drawdown Indicators

	TEND	BTEK	Difference
Max Drawdown Largest peak-to-trough decline	-5.92%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.75%	—	—

Volatility

Volatility by Period

	TEND	BTEK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.06%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.06%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.06%	—	—

TEND vs. BTEK - Expense Ratio Comparison

TEND has a 0.50% expense ratio, which is lower than BTEK's 0.88% expense ratio.

Dividends

TEND vs. BTEK - Dividend Comparison

TEND's dividend yield for the trailing twelve months is around 0.13%, while BTEK has not paid dividends to shareholders.

Position	TTM	2025
BTEK Future Tech ETF	0.00%	0.00%
TEND iShares Large Cap 10% Target Buffer Dec ETF	0.13%	0.14%

Frequently Asked Questions

Which ETF is better, TEND or BTEK?

On fees, TEND is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TEND or BTEK?

TEND is cheaper with a 0.50% expense ratio, compared with 0.88% for BTEK.

Which ETF pays a higher dividend yield, TEND or BTEK?

TEND has the higher dividend yield at 0.13%, compared with 0.00% for BTEK.

What is the main difference between TEND and BTEK?

TEND is categorized as Defined Outcome, while BTEK is Technology Equities. Their fees differ too: 0.50% for TEND and 0.88% for BTEK.