Skip to Content

BlackRock Future Tech ETF

BTEK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 29 2020
Expense Ratio
0.88%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$58,247
AUM
$11,631,708
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

SNPS
Synopsys, Inc.
3.22%
XTSLA
BLK CSH FND TREASURY SL AGENCY
3.19%
6920
Lasertec Corporation
2.46%
LSCC
Lattice Semiconductor Corp.
2.43%
ASM
ASM INTERNATIONAL NV
2.34%
WOLF
Wolfspeed Inc
2.22%
INF
INFORMA PLC
2.16%
SOI
SOITEC SA
2.09%
JBL
Jabil Inc
2.00%
TCOM
Trip.com Group Ltd - ADR
1.96%
Invest with BTEK

What is BTEK?

BlackRock Future Tech ETF will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S.technology and technology-related companies in any market capitalization range, selected for their rapid and sustainable growth potential from the development, advancement and use of technology. Technology or technology-related companies may include companies operating in any industry, including, but not limited to software, IT services, technology hardware, storage and peripherals, communications equipment, electronic equipment, instruments and components, semiconductors and semiconductor equipment, media, interactive home entertainment, interactive media and services, internet retail, consumer finance, life sciences tools & services, biotechnology, health care technology, diversified telecom services and wireless telecom services. It is anticipated that the Fund s investments will be focused on companies within such industries that BFA expects will generate a majority of their revenues from the development, advancement, use or sale of new and emerging, or next generation, technology-related products, processes or services. There is no assurance, however, that any of the Fund s assets will be invested in such companies at any time. BFA determines, in its discretion, whether a company is a technology or technology-related company.

ETFs related toBTEK

ETFs correlated to BTEK include GDEF, GJAN, TRFM

BTEKBlackRock ETF Trust - BlackRock Future Tech ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
TRFMETF Series Solutions Trust - AAM Transformers ETF
GTEKGoldman Sachs ETF Trust - Goldman Sachs Future Tech Leaders Equity ETF
ILDRFirst Trust Exchange-Traded Fund VIII - First Trust Innovation Leaders ETF
INNOHarbor ETF Trust - Harbor Disruptive Innovation ETF
FGROFidelity Covington Trust - Fidelity Growth Opportunities ETF
WUGIEsoterica Thematic Trust - AXS Esoterica NextG Economy ETF
BFTRBlackRock ETF Trust - BlackRock Future Innovators ETF
THNQExchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.