iShares U.S. Tech Breakthrough Multisector ETF (TECB) Performance
TECB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +27.5% since Dec 31, 2025
- 1 year
- +24.9% total return
- 5 years
- +13.2% a year
- Since first price
- +18.4% a year since 2020
TECB trailing returns vs SPY, QQQ, AGG
| Period | TECB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +12.8% | +12.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +25.7% | +25.5% | +7.8% | +8.4% | −1.5% |
| YTD | +27.5% | +27.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.9% | +24.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +118.3%+29.7%/yr | +116.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +85.5%+13.2%/yr | +82.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 10, 2020 | +215.0%+18.4%/yr | +205.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TECB vs SPY
From Jan 10, 2020: TECB grew to $31,503, SPY to $25,661.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TECB returns by calendar year
4 of 5 full years positive. Best 2023 (+57.5%), worst 2022 (−34.4%). 2026 is year to date.
TECB annual returns table
| Year | TECB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +27.5% | −14.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.9% | −23.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.4% | −12.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +57.5% | −12.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −34.4% | −38.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.6% | −11.2% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TECB largest drawdowns
Now 3.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −41.6% | Oct 14, 2022 | Jan 18, 2024 | 11 months | 2.2 years |
| Feb 19, 2020 | −28.0% | Mar 16, 2020 | May 20, 2020 | 26 days | 3 months |
| Feb 18, 2025 | −23.9% | Apr 8, 2025 | Jun 26, 2025 | 49 days | 4 months |
| Oct 28, 2025 | −16.2% | Mar 30, 2026 | May 1, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −12.3% | Aug 5, 2024 | Oct 8, 2024 | 26 days | 3 months |
| Sep 2, 2020 | −11.2% | Sep 23, 2020 | Dec 7, 2020 | 21 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TECB risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +29.7% | +14.4% | +19.1% |
| Volatility (annualized) | 19.4% | 22.2% | 21.7% |
| Sharpe ratio | 1.22 | 0.56 | 0.79 |
| Sortino ratio | 2.74 | 0.93 | 1.39 |
| Best month | +15.2% | +15.2% | +15.2% |
| Worst month | −8.3% | −13.9% | −13.9% |
| Best 12 months | +44.8% | +57.5% | +57.9% |
| Worst 12 months | +2.5% | −36.0% | −36.0% |
| Positive months | 64% | 55% | 57% |
| Beta vs S&P 500 | 1.37 | 1.25 | — |
| Correlation with S&P 500 | 0.88 | 0.88 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TECB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 70 | −36.0% | +24.2% | +57.9% | 83% |
| 3-year (a year) | 46 | +4.9% | +10.9% | +32.6% | 100% |
| 5-year (a year) | 22 | +9.8% | +13.5% | +17.7% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
TECB performance overview
iShares U.S. Tech Breakthrough Multisector ETF (TECB) returned +24.9% over the past year and +13.2% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +18.4% a year, turning $10,000 into about $31,503. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.6%, from Nov 8, 2021 to Oct 14, 2022, and it took 1.3 years to get back to the old high. TECB finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+57.5%) and the worst 2022 (−34.4%). Volatility has been 21.7% a year.
Related: TECB chart, TECB holdings, TECB dividends, TECB valuation. See the TECB overview for the latest quote and fund facts.
TECB performance FAQ
What is the TECB return over the past year?
TECB returned +24.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.5%.
What is the average annual return of TECB?
TECB has returned +13.2% a year over 5 years, +18.4% a year since January 10, 2020 (total return, distributions reinvested).
How much would $10,000 invested in TECB be worth?
$10,000 invested in TECB at its first recorded close on January 10, 2020 would be worth about $31,503 on October 23, 2026 with distributions reinvested.
What was the worst year for TECB?
The worst calendar year was 2022, with a total return of −34.4%. The best was 2023 at +57.5%.
What is the biggest drawdown of TECB?
The largest peak-to-trough decline was −41.6% between November 8, 2021 and October 14, 2022. It recovered to the old high on January 18, 2024, 1.3 years after the bottom.
How volatile is TECB?
Over the past 3 years TECB had an annualized volatility of 19.4% and a Sharpe ratio of 1.22 (excess return over 1–3 month T-bills per unit of risk).