iShares Breakthrough Environmental Solutions ETF

iShares Breakthrough Environmental Solutions ETF

About

iShares Breakthrough Environmental Solutions ETF (US46436E1973) is a US-listed equity ETF tracking the Morningstar Global Emerging Green Technologies Select Index (USD) (Net). With a expense ratio of 0.47%, its costs are on the higher end for an ETF, paying distributions. The fund holds 68 positions across 9 regions with 5M in assets, with heavy concentration — 45% in Industrials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.7 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.2
Liquidity (25%) 2.4 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker ETEC
ISIN
Fund Size $4.9M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 2023
Base Currency USD
Index Morningstar Global Emerging Green Technologies Select Index (USD) (Net)
Asset Class Equities

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.47%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +62.16%
3 Years +11.51%
5 Years
10 Years
YTD +27.19%
Since Inception +9.48%

Holdings

This fund invests into 68 individual investments.
#1
Allegro MicroSystems Inc
7.12%
#2
Kurita Water Industries Ltd
6.66%
#3
Universal Display Corp
5.82%
#4
BorgWarner Inc
5.51%
#5
Yaskawa Electric Corp
5.23%
#6
Contemporary Amperex Technology Co Ltd
4.98%
#7
Nextpower Inc
4.09%
#8
First Solar Inc
3.71%
#9
Enphase Energy Inc
3.61%
#10
GE Vernova Inc
3.49%
View all holdings (50)
# Holding Ticker Weight
1 Allegro MicroSystems Inc ALGM 711.77%
2 Kurita Water Industries Ltd 6370 665.59%
3 Universal Display Corp OLED 582.11%
4 BorgWarner Inc BWA 550.63%
5 Yaskawa Electric Corp 6506 523.17%
6 Contemporary Amperex Technology Co Ltd 3750 497.88%
7 Nextpower Inc NXT 408.54%
8 First Solar Inc FSLR 370.54%
9 Enphase Energy Inc ENPH 360.72%
10 GE Vernova Inc GEV 348.56%
11 NGK Corp 5333 324.74%
12 Nordex SE NDX1 311.89%
13 Kemira Oyj KEMIRA 311.42%
14 Vestas Wind Systems A/S VWS 279.95%
15 Xylem Inc/NY XYL 274.06%
16 JPY CASH JPY 267.31%
17 Tesla Inc TSLA 253.21%
18 Sanken Electric Co Ltd 6707 195.67%
19 LONGi Green Energy Technology Co Ltd 601012 188.76%
20 USD CASH USD 187.18%
21 Rivian Automotive Inc RIVN 175.04%
22 Ningbo Deye Technology Co Ltd 605117 174.86%
23 REPT BATTERO Energy Co Ltd 666 174.05%
24 Doosan Fuel Cell Co Ltd 336260 171.47%
25 NIO Inc 9866 169.35%
26 BYD Co Ltd 002594 166.92%
27 Li Auto Inc 2015 161.05%
28 New Issuer: BB Company ID:70038993 3931 150.21%
29 XPeng Inc 9868 147.44%
30 TWD CASH TWD 126.75%
31 Xinyi Solar Holdings Ltd 968 114.99%
32 Yutong Bus Co Ltd 600066 112.73%
33 Hangzhou First Applied Material Co Ltd 603806 103.59%
34 TCL Zhonghuan Renewable Energy Technology Co Ltd 002129 96.24%
35 Zhejiang Leapmotor Technology Co Ltd 9863 95.09%
36 Duk San Neolux Co Ltd 213420 78.63%
37 Advanced Energy Solution Holding Co Ltd 6781 76.29%
38 Everdisplay Optronics Shanghai Co Ltd 688538 74.23%
39 Gotion High-tech Co Ltd 002074 66.10%
40 Yadea Group Holdings Ltd 1585 55.13%
41 Goldwind Science & Technology Co Ltd 002202 54.77%
42 Jinko Solar Co Ltd 688223 53.47%
43 Seres Group Co Ltd 601127 48.71%
44 Lucid Group Inc LCID 47.57%
45 Trina Solar Co Ltd 688599 39.92%
46 Shanghai Aiko Solar Energy Co Ltd 600732 34.42%
47 JA Solar Technology Co Ltd 002459 33.26%
48 Ming Yang Smart Energy Group Ltd 601615 30.89%
49 BAIC BluePark New Energy Technology Co Ltd 600733 25.36%
50 AIMA Technology Group Co Ltd 603529 18.83%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 4496.00%
Technology 3038.00%
Consumer Discretionary 2065.00%
Materials 311.00%
Unknown 90.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 4083.00%
Japan 1709.00%
Hong Kong SAR China 1565.00%
China 1323.00%
Germany 312.00%
Finland 311.00%
Denmark 280.00%
South Korea 250.00%
UNKNOWN 91.00%
Taiwan 76.00%
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