TECB vs. FTEC ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to Fidelity MSCI Information Technology Index ETF (FTEC)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.90

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	TECB	FTEC
30 Days	6.07%	4.14%
60 Days	7.19%	7.90%
90 Days	9.19%	7.31%
12 Months	37.00%	36.13%

77 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in FTEC	Overlap
AAPL	C	4.02%	15.03%	4.02%
ACIW	B	0.04%	0.1%	0.04%
ADBE	C	3.07%	1.51%	1.51%
ADI	D	1.42%	0.67%	0.67%
ADSK	A	0.87%	0.46%	0.46%
AI	B	0.04%	0.07%	0.04%
AKAM	D	0.36%	0.13%	0.13%
ALKT	B	0.01%	0.05%	0.01%
ALRM	C	0.08%	0.07%	0.07%
ALTR	B	0.08%	0.11%	0.08%
AMD	F	3.01%	1.39%	1.39%
ANSS	B	0.39%	0.24%	0.24%
APPN	B	0.02%	0.03%	0.02%
ATEN	B	0.03%	0.03%	0.03%
BASE	C	0.01%	0.02%	0.01%
BILL	A	0.05%	0.15%	0.05%
BL	B	0.02%	0.07%	0.02%
BSY	D	0.08%	0.1%	0.08%
CALX	D	0.05%	0.04%	0.04%
CFLT	B	0.09%	0.12%	0.09%
CGNX	C	0.09%	0.1%	0.09%
CRM	B	4.67%	2.04%	2.04%
CRWD	B	2.06%	0.54%	0.54%
CVLT	B	0.1%	0.11%	0.1%
CWAN	B	0.02%	0.1%	0.02%
CXM	C	0.01%	0.02%	0.01%
DBX	B	0.1%	0.11%	0.1%
DOCN	D	0.03%	0.05%	0.03%
FRSH	C	0.04%	0.07%	0.04%
FSLY	D	0.01%	0.02%	0.01%
FTNT	C	1.66%	0.43%	0.43%
GDDY	A	0.34%	0.22%	0.22%
GTLB	B	0.1%	0.12%	0.1%
GWRE	A	0.1%	0.17%	0.1%
HPQ	B	0.53%	0.27%	0.27%
HUBS	A	0.5%	0.28%	0.28%
INFA	D	0.05%	0.04%	0.04%
INTA	A	0.02%	0.07%	0.02%
INTC	D	1.34%	0.69%	0.69%
INTU	C	1.14%	1.23%	1.14%
JNPR	F	0.33%	0.13%	0.13%
LSCC	D	0.09%	0.1%	0.09%
MCHP	D	0.46%	0.25%	0.25%
MDB	C	0.3%	0.19%	0.19%
MSFT	F	3.52%	13.23%	3.52%
MSTR	C	0.81%	0.45%	0.45%
NCNO	B	0.02%	0.08%	0.02%
NOW	A	3.1%	1.33%	1.33%
NTAP	C	0.36%	0.19%	0.19%
NTNX	A	0.25%	0.18%	0.18%
NVDA	C	4.33%	16.06%	4.33%
OKTA	C	0.33%	0.12%	0.12%
ORCL	B	4.39%	1.9%	1.9%
PANW	C	3.38%	0.81%	0.81%
PAR	B	0.02%	0.06%	0.02%
PEGA	A	0.05%	0.09%	0.05%
PRGS	A	0.04%	0.07%	0.04%
PSTG	D	0.22%	0.14%	0.14%
QCOM	F	2.38%	1.14%	1.14%
QLYS	C	0.15%	0.1%	0.1%
QTWO	A	0.04%	0.12%	0.04%
RPD	C	0.07%	0.06%	0.06%
S	B	0.19%	0.11%	0.11%
SLAB	D	0.04%	0.08%	0.04%
SNOW	C	0.56%	0.29%	0.29%
TDC	D	0.04%	0.07%	0.04%
TEAM	A	0.56%	0.33%	0.33%
TENB	C	0.13%	0.09%	0.09%
TWLO	A	0.23%	0.19%	0.19%
TXN	C	2.53%	1.16%	1.16%
VERX	B	0.02%	0.06%	0.02%
VRNS	D	0.15%	0.09%	0.09%
WDC	D	0.3%	0.18%	0.18%
WK	B	0.03%	0.1%	0.03%
YOU	D	0.06%	0.05%	0.05%
ZS	C	0.5%	0.17%	0.17%
ZUO	B	0.02%	0.03%	0.02%

TECB Overweight 87 Positions Relative to FTEC

Symbol	Grade	Weight
NFLX	A	4.51%
META	D	4.19%
AMZN	C	4.0%
GOOGL	C	3.67%
V	A	2.93%
MRK	F	2.66%
MA	C	2.64%
ISRG	A	2.47%
GILD	C	2.02%
REGN	F	1.5%
MELI	D	1.35%
EQIX	A	1.24%
DLR	B	0.85%
FI	A	0.75%
BAH	F	0.61%
AME	A	0.58%
PYPL	B	0.54%
IRM	D	0.48%
EBAY	D	0.45%
CPNG	D	0.42%
COIN	C	0.36%
CACI	D	0.33%
INCY	C	0.31%
SQ	B	0.29%
FIS	C	0.29%
MRNA	F	0.25%
PINS	D	0.24%
SAIC	F	0.21%
GPN	B	0.18%
SRPT	D	0.17%
EXEL	B	0.17%
BR	A	0.16%
SNAP	C	0.15%
CPAY	A	0.15%
RVMD	C	0.14%
LUMN	C	0.12%
SSNC	B	0.1%
BPMC	C	0.1%
AFRM	B	0.09%
PARA	C	0.09%
TW	A	0.09%
TOST	B	0.09%
ETSY	D	0.09%
JKHY	D	0.08%
SOFI	A	0.08%
ACLX	C	0.07%
MKTX	D	0.06%
WEX	D	0.05%
PTON	B	0.04%
FOUR	B	0.04%
LGND	B	0.04%
BEAM	D	0.04%
IOVA	F	0.04%
SWTX	C	0.04%
OMF	A	0.04%
TWST	D	0.04%
EEFT	B	0.03%
BCRX	D	0.03%
CCCS	B	0.03%
NTLA	F	0.03%
DVAX	C	0.03%
UPST	B	0.03%
GERN	D	0.03%
SYM	C	0.02%
ENVA	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
VIRT	B	0.02%
NVAX	F	0.02%
SIRI	C	0.02%
AVPT	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
PRLB	A	0.01%
RCUS	F	0.01%
PAYO	A	0.01%
VIR	D	0.01%
VMEO	B	0.01%
LPRO	C	0.0%
WRLD	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 198 Positions Relative to FTEC

Symbol	Grade	Weight
AVGO	D	-4.31%
CSCO	B	-1.47%
ACN	C	-1.42%
IBM	C	-1.18%
AMAT	F	-0.98%
PLTR	B	-0.81%
MU	D	-0.7%
ANET	C	-0.66%
LRCX	F	-0.64%
KLAC	D	-0.57%
APH	A	-0.57%
CDNS	B	-0.55%
APP	B	-0.55%
SNPS	B	-0.55%
MSI	B	-0.55%
MRVL	B	-0.54%
WDAY	B	-0.41%
FICO	B	-0.41%
ROP	B	-0.41%
NXPI	D	-0.39%
IT	C	-0.31%
CTSH	B	-0.3%
GLW	B	-0.29%
DELL	C	-0.29%
DDOG	A	-0.28%
NET	B	-0.23%
HPE	B	-0.23%
TYL	B	-0.22%
ON	D	-0.22%
KEYS	A	-0.22%
PTC	A	-0.2%
TDY	B	-0.2%
MPWR	F	-0.2%
ZM	B	-0.2%
ZBRA	B	-0.19%
CDW	F	-0.19%
TRMB	B	-0.18%
DOCU	A	-0.18%
MANH	D	-0.17%
FSLR	F	-0.17%
STX	D	-0.17%
GEN	B	-0.17%
FFIV	B	-0.16%
EPAM	C	-0.16%
JBL	B	-0.16%
VRSN	F	-0.16%
FLEX	A	-0.16%
COHR	B	-0.16%
DT	C	-0.15%
IOT	A	-0.14%
ENTG	D	-0.14%
TER	D	-0.14%
SWKS	F	-0.13%
CIEN	B	-0.13%
PCOR	B	-0.12%
LITE	B	-0.12%
IDCC	A	-0.11%
FN	D	-0.11%
SMAR	A	-0.11%
KD	B	-0.11%
SNX	C	-0.11%
MARA	C	-0.11%
CRDO	B	-0.11%
MTSI	B	-0.11%
PATH	C	-0.1%
U	C	-0.1%
OLED	D	-0.1%
AUR	C	-0.1%
BDC	B	-0.1%
PLXS	B	-0.1%
MKSI	C	-0.1%
RMBS	C	-0.1%
BOX	B	-0.1%
BMI	B	-0.1%
VNT	B	-0.1%
ITRI	B	-0.1%
DLB	B	-0.09%
AVT	C	-0.09%
SITM	B	-0.09%
AEIS	B	-0.09%
HCP	B	-0.09%
DXC	B	-0.09%
ARW	D	-0.09%
APPF	B	-0.09%
LFUS	F	-0.09%
SANM	B	-0.09%
NOVT	D	-0.09%
ONTO	D	-0.09%
PI	D	-0.09%
ESTC	C	-0.09%
SPSC	C	-0.09%
CLSK	C	-0.08%
POWI	D	-0.08%
RIOT	C	-0.08%
BLKB	B	-0.08%
ENPH	F	-0.08%
ASGN	F	-0.08%
FORM	D	-0.07%
FIVN	C	-0.07%
FROG	C	-0.07%
DV	C	-0.07%
MIR	A	-0.07%
NSIT	F	-0.07%
SYNA	C	-0.07%
AGYS	A	-0.07%
SMTC	B	-0.07%
QRVO	F	-0.07%
SMCI	F	-0.07%
CRUS	D	-0.07%
ALGM	D	-0.06%
ACLS	F	-0.06%
TTMI	B	-0.06%
OSIS	B	-0.06%
KLIC	B	-0.06%
DIOD	D	-0.06%
CXT	B	-0.06%
RNG	B	-0.06%
AMKR	D	-0.06%
ZETA	D	-0.06%
VYX	B	-0.05%
EXTR	B	-0.05%
BRZE	C	-0.05%
PLUS	F	-0.05%
IPGP	D	-0.05%
VIAV	B	-0.05%
AMBA	B	-0.05%
RBRK	A	-0.05%
VRNT	C	-0.04%
VECO	F	-0.04%
UCTT	D	-0.04%
PLAB	C	-0.04%
CTS	C	-0.04%
NTCT	C	-0.04%
KN	B	-0.04%
WULF	C	-0.04%
ROG	D	-0.04%
BHE	B	-0.04%
PD	C	-0.04%
VSH	D	-0.04%
SOUN	C	-0.04%
RAMP	C	-0.04%
ICHR	C	-0.03%
ARLO	C	-0.03%
SCSC	B	-0.03%
ENV	B	-0.03%
MXL	C	-0.03%
DGII	B	-0.03%
COHU	C	-0.03%
ASAN	C	-0.03%
CIFR	B	-0.03%
NSSC	D	-0.03%
HLIT	D	-0.03%
INFN	C	-0.03%
SPT	C	-0.03%
CEVA	B	-0.02%
OLO	B	-0.02%
SWI	B	-0.02%
NTGR	B	-0.02%
AOSL	C	-0.02%
SEDG	F	-0.02%
DJCO	B	-0.02%
INDI	C	-0.02%
IBUY	A	-0.02%
HCKT	B	-0.02%
NABL	F	-0.02%
BELFB	C	-0.02%
BLND	B	-0.02%
YEXT	A	-0.02%
ACMR	F	-0.02%
APLD	A	-0.02%
CNXN	C	-0.02%
PRO	C	-0.02%
WOLF	F	-0.02%
PDFS	C	-0.02%
JAMF	F	-0.02%
XRX	F	-0.02%
GDYN	B	-0.02%
AAOI	B	-0.02%
VPG	D	-0.01%
CRSR	C	-0.01%
MEI	D	-0.01%
CLFD	D	-0.01%
LWLG	F	-0.01%
RBBN	C	-0.01%
SEMR	B	-0.01%
ENFN	A	-0.01%
BIGC	C	-0.01%
MITK	C	-0.01%
ETWO	F	-0.01%
WEAV	B	-0.01%
DMRC	C	-0.01%
LASR	D	-0.01%
KE	C	-0.01%
MLNK	B	-0.01%
NNBR	C	-0.01%
DAKT	B	-0.01%
VSAT	F	-0.01%
OSPN	A	-0.01%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Communication Equipment Information Technology Services Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information