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TECBvsNLSIETF Comparison

ETF 1
TECB

iShares U.S. Tech Breakthrough Multisector ETF

This fund is part of
Disruptive Technology
+1.26%
VS
ETF 2
NLSI

NEOS Long/Short Equity Income ETF

This fund is part of
Alternatives
+0.56%

iShares U.S. Tech Breakthrough Multisector ETF (TECB) belongs to the Disruptive Technology segment. NEOS Long/Short Equity Income ETF (NLSI) is part of the Alternatives segment. TECB's top 3 sector exposures are Information Technology, Health Care and Communication Services. In contrast, NLSI's top sector exposures are Information Technology, Communication Services and Financials. TECB is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 2.89% for NLSI. TECB is up 3.89% year-to-date (YTD) with -$6M in YTD flows. NLSI performs worse with -6.57% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of TECB and NLSI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TECB vs NLSI performance and flow charts

Performance

0510%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-6,000,000-5,000,000-4,000,000-3,000,000-2,000,000-1,000,0000Mar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
TECB
NLSI
+13.70%+2.45%
+3.45%-4.21%
+3.89%-6.57%
+28.94%n/a
+96.55%n/a
+68.65%n/a
Flows
TECB
NLSI
-$6M-$457K
-$3M-$2M
-$6M-$3M
-$48M-
-$160M-
-$118M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
TECB
NLSI
+21.80%+21.31%
+17.18%n/a
+20.20%n/a
+23.61%n/a
Max drawdown
TECB
NLSI
-12.46%-10.15%
-16.16%n/a
-23.96%n/a
-41.59%n/a
Max drawdown duration
TECB
NLSI
78d88d
178dn/a
127dn/a
800dn/a
Trading data

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TECB
NLSI
Last sale
4/27/2026 at 1:30 PM
$63.13
Previous close
04/24/2026
$63.19
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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NLSI
is actively managed and doesn’t replicate an index

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TECB
NLSI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
TECB
NLSI
Last price
$63.13
1D performance
-0.10%
AuM$448.95 M$1.89 M
E/R0.3%2.89%
Characteristics
TECB
NLSI
Management strategyPassiveActive
ProvideriSharesNEOS Investment Management
BenchmarkNYSE FactSet U.S. Tech Breakthrough Index-
N° of holdings16159
Asset classEquities-
Trailing 12m distribution yield
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Inception dateJanuary 8, 2020December 10, 2025
ESGNoNo
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Exposure

Countries

TECB
USA
99.98%
Other
0.02%
NLSI
Data will be available soon

Sectors

TECB
Information Techn.
60.08%
Health Care
14.52%
Communication Ser.
12.34%
Other
13.06%
NLSI
Data will be available soon
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Diversification

TECB

Total weight of top 15 holdings out of 15

55.72%
NLSI
Data will be available soon

Top 15 holdings

Data as of March 31, 2026
TECB
MERCK & CO INC
5.41%
NETFLIX
4.30%
NVIDIA
4.29%
ADVANCED MICRO DEVICES
4.19%
APPLE
4.08%
AMAZON.COM INC
4.07%
ALPHABET INC-CL
4.02%
META PLATFORMS
3.81%
PALANTIR TECHNOLOGIES
3.61%
MICROSOFT-T
3.44%
VISA INCORPORATION
3.33%
PALO ALTO NETWORKS
2.93%
VERTEX PHARMACEUTICALS
2.83%
ORACLE SYS
2.73%
MASTERCARD
2.68%
NLSI
Data will be available soon
Frequently asked questions about TECB and NLSI

How have the TECB and NLSI ETFs performed in 2026?

As of April 24, 2026, TECB is up 3.89% year-to-date (YTD), while NLSI has lost -6.57%. That puts TECB better performer ahead so far this year.

Which ETF is attracting more investor money: TECB or NLSI?

Year-to-date, the TECB ETF saw -$6M in flows, compared to -$3M for NLSI.

Which ETF is bigger: TECB or NLSI?

As of April 24, 2026, TECB holds $448.95 M in assets under management (AUM), while NLSI manages $1.89 M.

What sectors do the TECB and NLSI ETFs invest in?

TECB leans toward sectors like Information Technology, Health Care and Communication Services. Meanwhile, NLSI focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the TECB ETF and NLSI ETF?

TECB top holdings include MERCK & CO INC, NETFLIX and NVIDIA. NLSI holds in its top three: MICRON TECHNOLOGY, OCCIDENTAL U and T-MOBILE US INC.

Which ETF is more diversified: TECB or NLSI?

TECB holds 183 securities with 55.72% of its assets in the top 15. NLSI has 60 securities and a top 15 weight of 64.38%.

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