ETF Evaluator:
iShares Technology Opports Act ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Technology Over the Last Year
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ETF Details
iShares Technology Opports Act ETF Overview
iShares Technology Opports Act ETF (TEK) is an actively managed Sector Equity Technology exchange-traded fund (ETF). BlackRock launched the ETF in 2024.
The investment seeks to provide long-term capital appreciation.
Under normal market conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities issued by U.S. and non‑U.S. technology companies in all market capitalization ranges, selected for their rapid and sustainable growth potential from the development, advancement and use of technology. The fund is non-diversified.
About iShares Technology Opports Act ETF (TEK)
There are 2 members of the management team with an average tenure of 1.78 years: Tony Kim (2024) and Reid Menge (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI Infrmtn Technlgy 10/40 NR USD index with a weighting of 100%. iShares Technology Opports Act ETF has 71 securities in its portfolio. The top 10 holdings constitute 56.1% 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 Technology Opports Act ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Technology Opports Act ETF has 25.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 73.4% There is 25.1% 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 Technology Opports Act ETF has 1.6% of the portfolio in cash.
Assets Under Management
The fund has $39 million in total assets, which is below the $3 billion average for the Technology 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.
TEK 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 Technology Opports Act ETF expense ratio is above average compared to funds in the Technology category. iShares Technology Opports Act ETF has an expense ratio of 0.75%, which is 39% higher than its category average, making the fund expense ratio grade a D. 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 Technology Opports Act ETF has a portfolio turnover rate of 67%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 39% for the Technology category.
Recently, in the month of July 2026, iShares Technology Opports Act ETF returned -14.6%, which earned it a grade of D, as the Technology category had an average return of -9.8%. 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 Technology Opports Act ETF has a trailing yield of 1.31%, which is above the 0.45% 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 Technology Opports Act ETF Grades
Year to date, the ETF has returned 21.5%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 27.8% over the past year (grade of C).
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TEK 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 |
|
| TEK Return (NAV) | -14.6% | 2.6% | 27.8% | na | na | na |
| TEK Return (Price) | -14.5% | 2.5% | 27.5% | na | na | na |
| NAV +/- Price Return | -0.089% | 0.099% | 0.223% | na | na | na |
| Technology Avg | -9.8% | 7.3% | 33.6% | 22.3% | 10.5% | 19.0% |
| TEK Grade (NAV) | D | D | C | na | na | na |
| +/- Category (NAV) | -4.8% | -4.7% | -5.8% | na | na | na |
| TEK Tax-Cost Ratio | na | na | 0.6% | na | na | na |
TEK Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TEK Return (NAV) | 21.5% | 18.9% | na | na | na | na | na | na | na | na | na |
| TEK Return (Price) | 21.4% | 18.6% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.001% | -0.015% | na | na | na | na | na | na | na | na | na |
| Technology Avg | 21.3% | 23.2% | 19.9% | 43.8% | -35.8% | 16.7% | 53.3% | 37.8% | -3.2% | 33.7% | 15.0% |
| TEK Grade (NAV) | C | D | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.1% | -4.3% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 1.3% |
| Total Assets: | $ 39 Mil |
| Share Class Assets: | $ 39 Mil |
| Turnover: | 67.0% |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR 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: 2 | |||
| Longest Tenure: 1.8 years | |||
| Average Tenure: 1.8 years | |||
| Managers (Year): Kim Tony (2024), Menge Reid (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 71 |
| % in Top 10 Holdings: | 56.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 25.1% |
Portfolio Allocation |
|
| Domestic Stock: | 73.4% |
| Foreign Stock: | 25.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | BlackRock |
| Phone Number: | 800-474-2737 |
| Website: | www.blackrock.com |
| Inception Date: | October 21, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.54% |
