Key Highlights

  • The fund holds 193 companies that produce or use exponential technologies across multiple sectors.
  • Eli Lilly, Texas Instruments and Microsoft are among the largest positions.
  • Net asset value is $82.66, following a one-day gain of $2.78, or 3.48%.
  • The expense ratio is 0.46%, and distributions are paid semi-annually.

Technologies that can displace established Business models or create new markets have become a frequent focus for investors, and the iShares Future Exponential Technologies ETF (NASDAQ:XT) offers global exposure to companies working in that area. Figures in this article are current to November 9, 2026. The fund seeks to track an index of companies that produce or use technologies with the potential to displace established models, spanning sectors from health care to semiconductors. The fund trades on Nasdaq and has been listed since March 2015.

Fund Fact

Detail

Exchange and ticker

NASDAQ: XT

Fund inception

March 19, 2015

Net assets

$3.94 billion

Net asset value

$82.66

Daily NAV change

+$2.78 (+3.48%)

Expense ratio

0.46%

30-day SEC yield

0.66%

Distribution frequency

Semi-annual

Number of holdings

193

Sector Spread Beyond Traditional Technology

The fund is not confined to software and hardware. Eli Lilly accounts for about 4.9% of market value, Texas Instruments 4.5% and Microsoft 4.4%. Johnson & Johnson and AbbVie also appear among the top holdings, reflecting a meaningful health care presence.

Tesla, Analog Devices, Palo Alto Networks and NVIDIA add positions in automotive technology, semiconductors and cybersecurity. The spread indicates that the index classifies exponential technology broadly, drawing on several industries.

Trading Patterns and Market Activity

The net asset value rose $2.78, or 3.48%, in the latest session. Shares outstanding total about 47.7 million, and the 30-day average Volume of roughly 62,500 shares suggests a smaller trading base than larger funds of this type.

The 30-day median bid-ask spread of 0.16% is worth noting, since spreads affect the cost of entering and exiting a position. The premium or discount to NAV was -0.17 in recent figures.

Costs, Distributions and Risk Factors

The expense ratio is 0.46%, based on a management fee of the same amount. The semi-annual distribution in June 2026 totaled about $0.36 per share, and the 30-day SEC Yield of 0.66% signals a limited income component.

Companies developing novel technology may not be able to Capitalize on it, and technologies expected to displace older models may not do so. The fund also carries international risk, including currency fluctuations and regulatory differences.

Final Word

The iShares Future Exponential Technologies ETF offers a global, multi-sector route to companies tied to technologies that may reshape industries. Its spread across health care, semiconductors and software gives it a broader profile than a pure technology fund. Those evaluating the fund will consider how its thematic breadth and risks fit within their wider holdings.