iShares U.S. Tech Breakthrough Multisector ETF

Frequently Asked Questions About TECB

What does TECB invest in?

The iShares U.S. Tech Breakthrough Multisector ETF, or "Fund," seeks to replicate the investment performance of an index. This index is composed of American businesses poised to benefit from a diverse range of innovative technologies. These include artificial intelligence and robotics, cloud computing and data solutions, cybersecurity, advancements in genomics and immunology, and financial technology.

What is the expense ratio of TECB?

iShares U.S. Tech Breakthrough Multisector ETF (TECB) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TECB?

iShares U.S. Tech Breakthrough Multisector ETF (TECB) manages $509.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TECB actively managed or an index fund?

TECB is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TECB's is 0.30%) because there's no security selection cost.

When was TECB launched?

iShares U.S. Tech Breakthrough Multisector ETF (TECB) launched in January 2020 and is managed by IShares.

How has TECB performed?

TECB's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.