Netflix

Salesforce

Oracle

NVIDIA

Apple

Amazon

Alphabet

Microsoft

Palo Alto Networks

iShares U.S. Tech Breakthrough Multisector ETF

TECB tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted.

iShares U.S. Tech Breakthrough Multisector ETF owns a diversified portfolio of U.S. large-cap stocks benefiting from breakthrough technologies. The Fund has generally outperformed the S&P 500 in bull markets but underperformed in bear markets since its inception in 2020. TECB's portfolio includes not only information technology stocks but also companies from other sectors, potentially impacting long-term returns compared to traditional technology ETFs.

TECB: Not A Good Choice When Compared To Other Traditional Technology ETFs

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Strong corporate earnings has resulted in strong gains for tech ETFs, with many hitting a new one-year high.

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iShares U.S. Tech Breakthrough Multisector ETF warrants a hold rating due to mixed factors impacting the fund's performance looking forward. TECB has a more evenly diversified approach compared to other technology ETFs, including weight in non-IT sectors, but has seen lower historical performance compared to XLK, VGT, and QQQ. The Fund has a higher expense ratio, lower dividend yield, and negative dividend growth compared to other big tech ETFs examined in this article.

TECB: More Evenly Diversified At The Cost Of Lower Performance

TECB invests in stocks benefiting from major tech innovations including AI, robotics, cybersecurity, genomics, and fintech. The fund has impressively outperformed the Nasdaq-100 over the past year. We highlight several advantages of the strategy and underlying portfolio methodology relative to alternative tech ETFs.

TECB: Well-Positioned For Positive Returns

iShares U.S. Tech Breakthrough Multisector ETF is a portfolio of major tech players, and it's not a coincidence that many have a dog in the AI race. To some extent, corporates paying the AI-option premium will not exercise them which will kill the hype. On the other hand, AI will create huge value among a couple of the winning players which could drive a portfolio of them like TECB. Valuation is a worry though.

News for iShares U.S. Tech Breakthrough Multisector ETF ETF (TECB)