TECB vs CMBS

Comparison between ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF (TECB, ETF) and ISHARES CMBS ETF (CMBS, ETF).

5-Year PerformanceTECB has outperformed CMBS, delivering a return of +12.0% compared to +0.5%

TECB vs CMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TECB(ETF)	CMBS(ETF)
Net Assets	$478M	$476M
Expense Ratio	0.30%	0.25%
Max Drawdown	41.92%	20.92%
Sharpe Ratio	0.98	-0.05
5Y Beta	1.20	0.00
P/E Ratio	37.88	N/A
Forward P/E	23.53	N/A
5Y Dividends CAGR	5.71%	3.57%
5Y EPS CAGR	22.64%	N/A
Debt to Equity	35.65%	N/A
P/S Ratio	6.40	N/A
P/B Ratio	6.60	N/A

Net Assets

Winner

TECB

$478M

CMBS

$476M

Expense Ratio

TECB

0.30%

Winner

CMBS

0.25%

Max Drawdown

TECB

41.92%

Winner

CMBS

20.92%

Sharpe Ratio

Winner

TECB

0.98

CMBS

-0.05

5Y Beta

TECB

1.20

Winner

CMBS

0.00

P/E Ratio

TECB

37.88

CMBS

N/A

Forward P/E

TECB

23.53

CMBS

N/A

5Y Dividends CAGR

Winner

TECB

5.71%

CMBS

3.57%

5Y EPS CAGR

TECB

22.64%

CMBS

N/A

Debt to Equity

TECB

35.65%

CMBS

N/A

P/S Ratio

TECB

6.40

CMBS

N/A

P/B Ratio

TECB

6.60

CMBS

N/A

TECB vs CMBS - Historical Returns

Returns include dividend reinvestment.

Period	TECB	CMBS
1 month	-0.13%	-0.15%
3 months	+15.26%	-0.26%
6 months	+17.53%	-0.08%
1 year	+22.01%	+3.16%
5 years(CAGR)	+12.02%	+0.53%
10 years(CAGR)	N/A	+1.90%
Max(CAGR)	+17.57%	+2.35%

Winner

TECB

-0.13%

CMBS

-0.15%

Winner

TECB

+15.26%

CMBS

-0.26%

Winner

TECB

+17.53%

CMBS

-0.08%

Winner

TECB

+22.01%

CMBS

+3.16%

5Y(CAGR)

Winner

TECB

+12.02%

CMBS

+0.53%

10Y(CAGR)

TECB

N/A

CMBS

+1.90%

Max(CAGR)

Winner

TECB

+17.57%

CMBS

+2.35%

TECB vs CMBS - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	TECB	CMBS
2026	+17.12%	-0.02%
2025	+14.64%	+7.26%
2024	+26.69%	+4.46%
2023	+57.53%	+5.03%
2022	-34.46%	-10.84%
2021	+21.42%	-1.82%
2020	+39.91%	+7.84%
2019	N/A	+7.93%
2018	N/A	+1.05%
2017	N/A	+3.29%
2016	N/A	+3.06%
2015	N/A	+0.69%
2014	N/A	+2.56%
2013	N/A	+0.39%
2012	N/A	+4.54%

TECB vs CMBS Drawdown Comparison

The maximum drawdown for TECB was -41.62%, occurring on Oct 14, 2022. Recovery took 550 trading sessions.

The maximum drawdown for CMBS was -15.87%, occurring on Nov 3, 2022. Recovery took 1014 trading sessions.

The current TECB drawdown is -4.49%. The current CMBS drawdown is -1.79%.

Rank	TECB	CMBS
#1	-41.62% Nov 8, 2021 - Jan 18, 2024	-15.87% Jul 20, 2021 - Aug 4, 2025
#2	-27.96% Feb 19, 2020 - May 20, 2020	-9.89% Mar 9, 2020 - Jul 30, 2020
#3	-23.91% Feb 18, 2025 - Jun 26, 2025	-4.94% Sep 7, 2016 - Sep 5, 2017
#4	-16.24% Oct 28, 2025 - May 1, 2026	-3.82% Sep 7, 2017 - Jan 3, 2019
#5	-12.26% Jul 10, 2024 - Oct 8, 2024	-3.33% May 21, 2013 - Apr 14, 2014
#6	-11.22% Sep 2, 2020 - Dec 7, 2020	-2.55% Jan 29, 2021 - Jul 20, 2021
#7	-11.20% Feb 12, 2021 - Apr 15, 2021	-2.44% Feb 27, 2026 - Mar 27, 2026
#8	-8.54% Mar 12, 2024 - May 20, 2024	-2.20% Feb 2, 2015 - Oct 14, 2015
#9	-8.52% Jun 1, 2026 - Jun 10, 2026	-2.05% Oct 14, 2015 - Jan 20, 2016
#10	-8.37% Apr 15, 2021 - Jun 10, 2021	-2.04% Sep 4, 2019 - Jan 27, 2020
#11	-8.30% Sep 3, 2021 - Nov 4, 2021	-1.84% Feb 11, 2016 - Apr 1, 2016
#12	-7.65% Dec 6, 2024 - Feb 18, 2025	-1.82% Jul 3, 2012 - Jul 25, 2012
#13	-5.34% Jun 10, 2020 - Jun 22, 2020	-1.60% Mar 7, 2012 - Jun 26, 2012
#14	-4.30% Jul 20, 2020 - Aug 3, 2020	-1.54% Oct 2, 2020 - Dec 11, 2020
#15	-4.30% Feb 9, 2024 - Feb 29, 2024	-1.38% Nov 28, 2014 - Jan 7, 2015

Correlation

Correlation between TECB and CMBS is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2012 - 2026)

TECB vs CMBS dividend yield comparison.

Year	TECB	CMBS
2026	0.13%	1.83%
2025	0.33%	3.45%
2024	0.35%	3.31%
2023	0.23%	2.97%
2022	0.61%	2.65%
2021	0.35%	2.46%
2020	0.77%	2.83%
2019	0.00%	2.74%
2018	0.00%	2.70%
2017	0.00%	2.50%
2016	0.00%	2.29%
2015	0.00%	2.31%
2014	0.00%	2.15%
2013	0.00%	2.00%
2012	0.00%	2.22%