ETF Evaluator:
iShares Blockchain and Tech ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Equity Digital Assets Over the Last Year
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Risk
Index
Risk
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ETF Details
iShares Blockchain and Tech ETF Overview
iShares Blockchain and Tech ETF (IBLC) is a passively managed Sector Equity Equity Digital Assets exchange-traded fund (ETF). iShares launched the ETF in 2022.
The investment seeks to track the NYSE FactSet Global Blockchain Technologies Index composed of U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.
About iShares Blockchain and Tech ETF (IBLC)
There are 4 members of the management team with an average tenure of 2.07 years: Jennifer Hsui (2022), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: NYSE FactSet Glb Blockchain Tech TR USD index with a weighting of 100%. iShares Blockchain and Tech ETF has 52 securities in its portfolio. The top 10 holdings constitute 62.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares Blockchain and Tech ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Blockchain and Tech ETF has 16.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.5% There is 16.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares Blockchain and Tech ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $80 million in total assets, which is below the $181 million average for the Equity Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IBLC Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Blockchain and Tech ETF expense ratio is average compared to funds in the Equity Digital Assets category. iShares Blockchain and Tech ETF has an expense ratio of 0.47%, which is 29% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Blockchain and Tech ETF has a portfolio turnover rate of 69%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 91% for the Equity Digital Assets category.
Recently, in the month of July 2026, iShares Blockchain and Tech ETF returned -9.7%, which earned it a grade of D, as the Equity Digital Assets category had an average return of -8.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares Blockchain and Tech ETF has a trailing yield of 1.27%, which is below the 5.75% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares Blockchain and Tech ETF Grades
Year to date, the ETF has returned 5.4%, 3.9 percentage points worse than the category, which translates into a grade of C. The fund has returned 8.9% over the past year (grade of C) and 25.7% over the past three years (grade of D).
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IBLC Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IBLC Return (NAV) | -9.7% | -3.6% | 8.9% | 25.7% | na | na |
| IBLC Return (Price) | -9.9% | -3.6% | 8.7% | 25.7% | na | na |
| NAV +/- Price Return | 0.197% | 0.003% | 0.185% | 0.063% | na | na |
| Equity Digital Assets Avg | -8.3% | -2.1% | 14.8% | 28.7% | 0.9% | na |
| IBLC Grade (NAV) | D | C | C | D | na | na |
| +/- Category (NAV) | -1.4% | -1.4% | -6.0% | -2.9% | na | na |
| IBLC Tax-Cost Ratio | na | na | 2.2% | 1.1% | na | na |
IBLC Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IBLC Return (NAV) | 5.4% | 27.8% | 18.1% | 201.8% | na | na | na | na | na | na | na |
| IBLC Return (Price) | 6.0% | 26.9% | 18.6% | 201.6% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.102% | -0.031% | 0.030% | -0.001% | na | na | na | na | na | na | na |
| Equity Digital Assets Avg | 9.3% | 25.2% | 41.5% | 213.3% | -78.9% | 31.6% | 88.2% | 29.2% | na | na | na |
| IBLC Grade (NAV) | C | B | F | D | na | na | na | na | na | na | na |
| +/- Category | -3.9% | 2.6% | -23.4% | -11.6% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 3.57 |
| R-Squared: | 52% |
| Standard Deviation: | 62.9% |
| Category Risk Index: | 0.97 |
| Category Risk Rating: | Average |
| Total Risk Index: | 5.13 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 1.3% |
| Total Assets: | $ 80 Mil |
| Share Class Assets: | $ 80 Mil |
| Turnover: | 69.0% |
| Expense Ratio: | 0.47% |
| Index Fund: | Yes |
| Index Tracked: | NYSE FactSet Glb Blockchain Tech TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 4.3 years | |||
| Average Tenure: 2.1 years | |||
| Managers (Year): Hsui Jennifer (2022), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 52 |
| % in Top 10 Holdings: | 62.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 16.4% |
Portfolio Allocation |
|
| Domestic Stock: | 83.5% |
| Foreign Stock: | 16.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | April 25, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.47% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.67% |
