ETEC

iShares Breakthrough Environmental Solutions ETF

$24.86

+0.00%

Market closed. Last update: 12:00 PM ET

📎 Investment Objective

The iShares Breakthrough Environmental Solutions ETF (ETEC) seeks to track the investment results of an index composed of companies that are expected to benefit from the transition to a more environmentally sustainable economy.

Overview

ETF tracking iShares Breakthrough Environmental Solutions ETF

Category Innovation

Issuer BlackRock

Inception Date 2023-03-30

Market Cap $4.0M

Average Volume N/A

Dividend Yield 0.76%

52-Week Range $15.72 - $25.95

VWAP $25.03

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

ETEC invests in a portfolio of global companies involved in the development and production of products and services that aim to provide solutions to environmental challenges. The fund's holdings span various sectors, including renewable energy, energy efficiency, water treatment, and waste management.

✨ Key Features

Provides exposure to companies at the forefront of environmental innovation and sustainability
Diversified portfolio across multiple environmental solution sectors
Seeks to track the performance of an index focused on environmental solutions
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector
Potential volatility due to the innovative and emerging nature of the underlying companies
Currency risk for investors as the fund holds international securities
Liquidity risk due to the relatively small size of the fund

👤 Best For

ETEC may be suitable for long-term investors seeking exposure to companies driving the transition to a more sustainable economy. Investors should have a higher risk tolerance and a long-term investment horizon to potentially benefit from the growth of the environmental solutions sector.