iShares U.S. Tech Breakthrough Multisector ETF
TECB
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- iShares U.S. Tech Breakthrough Multisector ETF (TECB) seeks to track the investment results of an index composed of U.S. companies positioned to benefit from breakthrough technologies, including robotics and artificial intelligence, cloud and data tech, cybersecurity, genomics and immunology, and financial technology; the fund holds a diversified portfolio of approximately 174 U.S. equities, with top holdings such as NVIDIA Corp., Palantir Technologies Inc., Oracle Corp., Alphabet Inc., and Apple Inc., representing over 40% of assets under management of around $445 million. Issued by BlackRock Inc. under its iShares brand, TECB provides investors with exposure to large-cap growth stocks across information technology subsectors like software, systems software, artificial intelligence software, and financial technology services. The ETF, domiciled in the United States and listed on NYSE Arca, maintains a low expense ratio of 0.30% and focuses on modified market-cap weighted U.S. equities in the technology sector. Launched on January 8, 2020, TECB operates as an open-ended investment company managed by BlackRock Fund Advisors, with a team including Jennifer Hsui, Paul Whitehead, and others. Headquartered in New York City, BlackRock, the parent company founded in 1988, oversees the iShares platform, which traces its origins to 1996 with the introduction of early ETFs. The fund targets institutional and retail investors seeking technology-driven growth, with geographic focus limited to U.S.-listed companies and minimal non-U.S. stock exposure of about 1.6%. No major strategic shifts, acquisitions, partnerships, funding rounds, or new product launches specific to TECB have occurred in the last 1-2 years; the ETF continues steady operations amid BlackRock's broader expansions, such as new active technology ETFs in 2024 and bond-ladder ETF filings in late 2025. Portfolio characteristics remain consistent, emphasizing high-growth tech innovators without pursuing ESG strategies. Recent performance includes a 1-year total return of 18.09% and inception-to-date growth of 146.42% as of late 2025.