TECB

iShares U.S. Tech Breakthrough Multisector ETF

$61.04

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The iShares U.S. Tech Breakthrough Multisector ETF (TECB) seeks to track the investment results of an index composed of U.S. companies involved in breakthrough technology sectors.

Overview

ETF tracking iShares U.S. Tech Breakthrough Multisector ETF

Category Technology

Issuer BlackRock

Inception Date 2020-01-10

Market Cap $457.8M

Average Volume N/A

Dividend Yield 0.27%

52-Week Range $43.20 - $64.12

VWAP $60.83

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares U.S. Tech Breakthrough Multisector ETF (TECB) seeks to track the investment results of an index composed of U.S. companies involved in breakthrough technology sectors.

🎯 Investment Strategy

TECB seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index, which is designed to measure the performance of U.S. companies involved in breakthrough technology sectors such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. The fund invests in a diversified portfolio of these technology companies.

✨ Key Features

Exposure to a broad range of U.S. companies in breakthrough technology sectors
Seeks to track an index focused on innovative and disruptive technologies
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the technology sector
Volatility risk as technology stocks can be subject to rapid price swings
Lack of long-term performance history to evaluate the fund's track record
Liquidity risk due to the fund's small asset size

👤 Best For

TECB may be suitable for investors seeking exposure to a diversified portfolio of U.S. companies involved in breakthrough technology sectors as part of a broader, long-term investment strategy. However, the fund's limited history and small asset size mean it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.