XT
iShares Exponential Technologies ETF
iShares Exponential Technologies ETF holds companies from developed and emerging market countries that create or use exponential technologies as defined by Morningstar.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
3.3 B
ASSETS UNDER MGMT
46 bp
EXPENSES
Fund Basics
| Fund sponsor | BlackRock |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 19, 2015 |
| Assets (mns) | $3,334 |
| Expense ratio | 46 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PALANTIR TECHNOLOGIES INC. CLASS A | 2.1 % |
| NVIDIA CORP | 1.4 % |
| TOAST, INC. CLASS A | 1.2 % |
| BROADCOM INC. | 1.1 % |
| MARVELL TECHNOLOGY, INC. | 1.1 % |
| COINBASE GLOBAL, INC. CLASS A | 1.1 % |
| SOFI TECHNOLOGIES INC | 1.0 % |
| ARISTA NETWORKS INC | 0.9 % |
| DOCUSIGN, INC. | 0.9 % |
| TECHNOLOGY ONE LTD | 0.9 % |
Constituent Breakdown
| Number of holdings | 190 |
| Herfindahl-Hirschman Index | 60 |
| Wgt avg mkt cap (mns) | $123,960 |
| Large cap (>$10bn) | 81.3% |
| Mid cap ($2-10bn) | 17.0% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 89.5% |
| Emerging mkts. | 10.5% |
Country Exposure
 |
UNITED STATES | 58.2 % |
 |
JAPAN | 4.6 % |
 |
CHINA | 4.4 % |
 |
NETHERLANDS | 3.6 % |
 |
TAIWAN | 3.3 % |
 |
GERMANY | 2.5 % |
 |
BRITAIN | 2.2 % |
 |
IRELAND | 1.9 % |
 |
AUSTRALIA | 1.7 % |
 |
FRANCE | 1.6 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 3.3% | 11.6% | 10.5% | -1.0% | 9.0% | -- | 10.6% | Volatility | 17.6% | 17.9% | 19.5% | 22.3% | 23.4% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.16 | 86% |
| MSCI EAFE | 1.07 | 71% |
| MSCI Emg Mkts | 0.94 | 54% |
Liquidity Measures
| Avg. volume (000) | 298 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.09% |
| ADV of underlying (mns) | $127,130 |
Technical Indicators
| Recent close | $60.40 |
| 30d moving avg. | $61.35 |
| Annualized volatility | 22.1% |
| Relative strength (RSI) | 46 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XT |
Expenses vs. XT |
ALTAR Score™ vs. XT |
|---|---|---|---|---|
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 27.1% | -6 bp | 0.0% |
| MVPS | Amplify Thematic All-Stars ETF | 26.1% | +3 bp | -1.9% |
| SPHB | Invesco S&P 500 High Beta ETF | 24.4% | -21 bp | +0.2% |
| FXL | First Trust Technology AlphaDEX Fund | 24.0% | +15 bp | +0.0% |
| IXN | iShares Global Tech ETF | 23.3% | -5 bp | -0.4% |
| IGM | iShares Expanded Tech Sector ETF | 23.1% | -5 bp | -0.5% |
| VGT | Vanguard Information Technology ETF | 23.0% | -36 bp | -0.4% |
| WRND | IQ Global Equity R&D Leaders ETF | 22.6% | -28 bp | +2.6% |
| COWG | Pacer US Large Cap Cash Cows Growth Leaders ETF | 22.1% | +3 bp | -0.2% |
| WTAI | WisdomTree Artificial Intelligence and Innovation Fund | 22.0% | -1 bp | -1.8% |
Risk and Returns: XT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
XT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
XT
4.8%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. XT's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places XT in the 55th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XTSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| XT (46 bp) Percentile rank | 31 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| XT | 46.0 | 9.2 | 55.2 |
| Peer Avg. | 45.0 | 21.6 | 66.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .