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Launched · SEC filings

iShares Breakthrough Environmental Solutions ETF

ETECNasdaqiSharesC

$22.26+0.57 (+2.62%)

At close: Nov 2, 2026, 4:00 PM ET

C40/ 100

Rank 6 of 8 in Climate & Sustainability

C40/100Rank 6 of 8inClimate & Sustainability
Intraday session: up, 79 prints from 21.69 to 22.26. Range 21.21 to 22.48. Use the arrow keys to read each point.21.2521.5022.0022.5010 AM12 PM2 PM4 PM
Expense ratio
0.47%
Fund size
$3M
1Y total return
−14.8%
Yield · Last 12 months
0.60%
Holdings
59
Avg volume · 30D
609 sh
52W range
low $21.51high $32.40
Launched
Filings
SEC EDGAR

The ETF.net ETEC Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Climate & Sustainability⁠
Rank
6 of 8
Six-pillar profile for ETEC. Scores out of 100: Cost 59, Risk 21, Mission not scored, Tradability 35, Holdings 38, Durability 52. Strongest: Cost (59). Weakest: Risk (21). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
43
This cap took
−3
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B59 out of 100
    Rank 4 of 8

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F21 out of 100
    Rank 8 of 8

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D35 out of 100
    Rank 5 of 8

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 7 of 8

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 5 of 8

Our read on ETEC

ETF.net Research

In short

CiShares' bet on the next wave of green tech rather than today's incumbents: roughly 50 global names across eight environmental themes, from water to sustainable farming, priced under the typical global thematic fund.

Stated mandate

Seeks to track an index of global companies developing breakthrough environmental technologies across energy efficiency, green buildings, green transportation, pollution prevention, renewable energy, water, resource efficiency, and sustainable agriculture.

Why people hold it

  • At 0.47% a year, it costs less than the median fund in its global thematic peer group.
  • Eight environmental themes in one index (renewable energy, water, green buildings, green transport, pollution prevention, efficiency, resource efficiency, sustainable agriculture), so it isn't a one-technology bet.ishares.com
  • Plain plumbing: a passive 1940 Act index fund from iShares tracking a Morningstar green-technology index. No leverage, no derivatives overlay.

Worth knowing

  • Launched in 2023, still a small and thinly traded fund, so spreads can run wider and fills less predictable than in heavily traded ETFs.
  • About 50 stocks betting on emerging technologies makes for concentrated exposure. Individual names carry real weight in the portfolio.
  • Distributions land once or twice a year. Income is not what this mandate is built around.

ETEC Holdings

Holdings pillarD38 out of 100Rank 7 of 8 in Climate & Sustainability
Asset class
Stocks
Holdings
59
Top-10 weight
48%
Largest holding
OLED7.2%

Sectors

  • Industrials40.7%
  • Technology33.1%
  • Consumer Discretionary22.3%
  • Materials3.9%

Geography

  • United States42.09%
  • China30.32%
  • Japan16.03%
  • Finland4.04%
  • Germany3.00%
  • Denmark2.79%
  • South Korea1.73%

Developed 45% · Emerging 55% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1OLEDUniversal Display Corp7.23%3,000$252K158
2ALGMAllegro Microsystems Inc5.91%6,748$206K135
3BWABorgwarner5.42%3,656$189K207
46370.TKurita Water Industries4.94%4,800$172K71
56506.TYaskawa Electric4.80%6,600$167K85
6NXTNextpower Inc4.68%2,055$163K210
7FSLRFirst Solar4.26%852$149K332
8KEMIRA.HEKemira4.12%8,435$144K62
9TSLATesla Inc3.51%306$122K528
103750.HKContemporary Amperex Technology Class3.35%2,700$117K99
11GEVGe Vernova3.25%132$113K485
12ENPHEnphase Energy3.07%4,169$107K146
13NDX1.DENordex2.97%2,458$104K77
14XYLXylem Inc2.89%1,088$101K295
15VWS.COVestas Wind Systems2.79%3,442$97.3K148

Showing 1–15 of 59 holdings

ETEC Performance

Launched Mar 28, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
ETEC$8,525
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ETEC $8,525. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ETEC. Periods over one year show the average yearly return.
PeriodETEC
Year to date−12.6%
1 month−10.7%
3 months−17.3%
1 year−14.8%
3 yearsper year+4.5%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ETEC
YearReturn barETEC
2026 YTD−12.6%
2025+31.9%
2024−18.2%
2023−7.5%

History from Mar 31, 2023

ETEC in the news

ETEC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.60%Last 12 months
Payout per share
$0.13Last 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2023–2026

One bar per payment. 7 payments from 2023 to 2026 YTD. Jun 7, 2023 $0.10; Dec 20, 2023 $0.87; Jun 11, 2024 $0.09; Dec 17, 2024 $0.14; Jun 16, 2025 $0.05; Dec 16, 2025 $0.03; Jun 15, 2026 $0.10. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.10
Dec 16, 2025Dec 19, 2025$0.03
Jun 16, 2025Jun 20, 2025$0.05
Dec 17, 2024Dec 20, 2024$0.14
Jun 11, 2024Jun 17, 2024$0.09
Dec 20, 2023Dec 27, 2023$0.87
Jun 7, 2023Jun 13, 2023$0.10

$10,000 in ETEC 3 years ago paid $603 in dividends.

ETEC Risk

Risk pillarF21 out of 100Rank 8 of 8 in Climate & Sustainability
How much the fund’s monthly returns vary, scaled to a year.
24.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.12
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−39.6%
42 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.34
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ETEC Cost

Compare ETEC and KLMT

Overpaying vs KLMT, cheapest in Climate & Sustainability

$7,312

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ETEC 0.47%

    $9,418

  • KLMT 0.10% Cheapest

    $2,106

$10,000
30 years

Cost over time

  • ETEC 0.47%
  • KLMT 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ETEC $9,418KLMT $2,106

Year by year

YearETECKLMTOverpaying
10$847$183$664
20$3,261$717$2,544
30$9,418$2,106$7,312

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