TECBiShares U.S. Tech Breakthrough Multisector ETF
TECB Fund Description
TECB tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted.
TECB Factset Analytics Insight
TECB tracks a rules-based equity index of US listed companies engaged in the research and development of products and services in one of five thematic segments: (i) robotics and artificial intelligence, (ii) cyber security, (iii) cloud and data tech, (iv) financial technology, and (v) genomics and immunology. Components are grouped utilizing RBICS classifications. To be included in the index, securities must meet market cap and ADTV requirements and most of their revenues must be derived from their specific themes, with an additional screen to the Genomics and Immunology theme. The index provider uses automated semantic search algorithms to identify supply chain relationships in the Genomics and Immuno Biopharmaceutical segment. A composite relationship score for each stock in the segment is calculated with the top 50 being selected. Weighting of the portfolio is a mix of segment weight, set at a minimum of 10%, and individual security, set at a maximum of 4%. The Index will be reconstituted annually and rebalanced semiannually.
TECB MSCI ESG Analytics Insight
iShares U.S. Tech Breakthrough Multisector ETF has an MSCI ESG Fund Rating of A based on a score of 6.80 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares U.S. Tech Breakthrough Multisector ETF ranks in the 63th percentile within its peer group and in the 72nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
TECB MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
TECB Summary Data
TECB Portfolio Data
TECB Index Data
TECB Portfolio Management
TECB Tax Exposures
TECB Fund Structure
TECB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TECB. TECB is rated a 5 out of 5.
TECB Economic Development
TECB Performance Statistics
TECB MSCI ESG Ratings
TECB Benchmark Comparison Summary
TECB Benchmark Comparison Market Cap Size