Key Highlights

  • The fund holds 46 global companies developing breakthrough environmental technologies.
  • Universal Display, NEXTPOWER and Allegro Microsystems are among the largest positions.
  • Net asset value is $22.98, after a one-day gain of $0.42, or 1.88%.
  • The expense ratio is 0.47%, and distributions are paid semi-annually.

Environmental technologies span energy efficiency, renewable power, water treatment and green transportation, and the iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) offers a single holding across those areas. Figures in this article are current to November 9, 2026. The fund seeks to track an index of global companies developing breakthrough environmental technologies, including renewable energy, water, pollution prevention and sustainable agriculture. Shares trade on Nasdaq and have been listed since March 2023.

Fund Fact

Detail

Exchange and ticker

NASDAQ: ETEC

Fund inception

March 28, 2023

Net assets

$3.7 million

Net asset value

$22.98

Daily NAV change

+$0.42 (+1.88%)

Expense ratio

0.47%

30-day SEC yield

0.52%

Distribution frequency

Semi-annual

Number of holdings

46

Leading Holdings and Technology Mix

Universal Display, a display technology developer, accounts for about 7.4% of market value. NEXTPOWER, Allegro Microsystems, BorgWarner and First Solar follow, each with weights between about 4.5% and 6%.

Water and industrial efficiency companies such as Kurita Water Industries and Yaskawa Electric add diversity, while battery maker Contemporary Amperex Technology and Enphase Energy reflect the energy storage and solar theme.

Trading and Price Movement

The net asset value rose $0.42 in the latest session, a gain of 1.88%. Average Daily Volume is about 1,200 shares, and the 30-day median bid-ask spread of 0.36% reflects costs that may matter for investors trading small amounts.

The premium to NAV was 0.24 in recent figures. With net Assets of about $3.7 million, the fund is small and its price may not track underlying holdings as closely as larger funds.

Screens, Costs and Technology Risk

The fund applies Business involvement screens for small arms, thermal coal, oil sands, tobacco, controversial weapons and nuclear weapons. Business involvement data reported for the fund show zero exposure across these categories.

The expense ratio is 0.47%, and distributions are paid semi-annually. Technologies perceived to displace older methods may not do so, companies developing novel technology may not Capitalize on it, and the fund's Standard Deviation of 24.4% reflects significant price swings.

Final Word

The iShares Breakthrough Environmental Solutions ETF offers a global, screened portfolio of companies developing environmental technologies across energy, water and transport. Its exclusionary screens, semi-annual income and moderate fee define its profile, while its small size affects trading. Investors will weigh the environmental theme against the fund's Volatility and limited liquidity.