iShares Breakthrough Environmental Solutions ETFiShares Breakthrough Environmental Solutions ETFiShares Breakthrough Environmental Solutions ETF

iShares Breakthrough Environmental Solutions ETF

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Key stats


Assets under management (AUM)
‪3.82 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
0.78%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪160.00 K‬
Expense ratio
0.47%

About iShares Breakthrough Environmental Solutions ETF


Brand
iShares
Home page
Inception date
Mar 28, 2023
Structure
Open-Ended Fund
Index tracked
Morningstar Global Emerging Green Technologies Select Index - Benchmark TR Net
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46436E1973
ETEC provides exposure to global equities categorized as emerging green technology. The initial universe excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue of less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Broaden your horizons with more funds linked to ETEC via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Environment
Strategy
ESG
Geography
Global
Weighting scheme
Market cap
Selection criteria
Principles-based
What's in the fund
Exposure type
StocksBonds, Cash & Other
Producer Manufacturing
Electronic Technology
Consumer Durables
Stock breakdown by region
32%12%54%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ETEC trades at 24.28 USD today, its price has fallen −1.17% in the past 24 hours. Track more dynamics on ETEC price chart.
ETEC net asset value is 24.41 today — it's risen 2.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ETEC assets under management is ‪3.82 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ETEC price has risen by 0.97% over the last month, and its yearly performance shows a 13.17% increase. See more dynamics on ETEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.25% over the last month, showed a 17.04% increase in three-month performance and has increased by 13.63% in a year.
ETEC fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ETEC invests in stocks. See more details in our Analysis section.
ETEC expense ratio is 0.47%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ETEC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ETEC technical analysis shows the neutral rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ETEC shows the buy signal. See more of ETEC technicals for a more comprehensive analysis.
Yes, ETEC pays dividends to its holders with the dividend yield of 0.78%.
ETEC trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ETEC shares are issued by BlackRock, Inc.
ETEC follows the Morningstar Global Emerging Green Technologies Select Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 28, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.