TECB vs HPS

Comparison between ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF (TECB, ETF) and John Hancock Preferred Income Fund III (HPS, ETF).

5-Year PerformanceTECB has outperformed HPS, delivering a return of +13.5% compared to +2.9%

TECB vs HPS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TECB(ETF)	HPS(ETF)
Net Assets	$452M	$452M
Expense Ratio	0.30%	N/A
Max Drawdown	41.92%	77.70%
Sharpe Ratio	1.28	0.78
5Y Beta	1.20	0.42
P/E Ratio	38.72	N/A
Forward P/E	23.62	N/A
5Y Dividends CAGR	-2.76%	3.40%
5Y EPS CAGR	22.06%	N/A
Debt to Equity	40.54%	N/A
P/S Ratio	6.52	N/A
P/B Ratio	6.88	N/A

Net Assets

Winner

TECB

$452M

HPS

$452M

Expense Ratio

TECB

0.30%

HPS

N/A

Max Drawdown

Winner

TECB

41.92%

HPS

77.70%

Sharpe Ratio

Winner

TECB

1.28

HPS

0.78

5Y Beta

TECB

1.20

Winner

HPS

0.42

P/E Ratio

TECB

38.72

HPS

N/A

Forward P/E

TECB

23.62

HPS

N/A

5Y Dividends CAGR

TECB

-2.76%

Winner

HPS

3.40%

5Y EPS CAGR

TECB

22.06%

HPS

N/A

Debt to Equity

TECB

40.54%

HPS

N/A

P/S Ratio

TECB

6.52

HPS

N/A

P/B Ratio

TECB

6.88

HPS

N/A

TECB vs HPS - Historical Returns

Returns include dividend reinvestment.

Period	TECB	HPS
1 month	+6.32%	-1.37%
3 months	+19.89%	+0.49%
6 months	+12.23%	+2.99%
1 year	+28.34%	+10.95%
5 years(CAGR)	+13.54%	+2.86%
10 years(CAGR)	N/A	+5.33%
Max(CAGR)	+17.62%	+6.31%

Winner

TECB

+6.32%

HPS

-1.37%

Winner

TECB

+19.89%

HPS

+0.49%

Winner

TECB

+12.23%

HPS

+2.99%

Winner

TECB

+28.34%

HPS

+10.95%

5Y(CAGR)

Winner

TECB

+13.54%

HPS

+2.86%

10Y(CAGR)

TECB

N/A

HPS

+5.33%

Max(CAGR)

Winner

TECB

+17.62%

HPS

+6.31%

TECB vs HPS - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	TECB	HPS
2026	+15.12%	+3.41%
2025	+14.64%	+4.36%
2024	+26.69%	+14.60%
2023	+57.53%	+8.17%
2022	-34.46%	-16.45%
2021	+21.42%	+17.69%
2020	+39.91%	-3.55%
2019	N/A	+28.82%
2018	N/A	-8.46%
2017	N/A	+13.28%
2016	N/A	+7.82%
2015	N/A	+6.30%
2014	N/A	+23.11%
2013	N/A	-11.53%
2012	N/A	+17.90%
2011	N/A	+15.87%
2010	N/A	+15.98%
2009	N/A	+43.51%
2008	N/A	-32.58%
2007	N/A	-13.59%
2006	N/A	+19.64%
2005	N/A	-4.03%
2004	N/A	-0.54%
2003	N/A	+3.37%

TECB vs HPS Drawdown Comparison

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

The maximum drawdown for HPS was -69.92%, occurring on Mar 9, 2009. Recovery took 830 trading sessions.

The current TECB drawdown is -6.13%. The current HPS drawdown is -2.65%.

Rank	TECB	HPS
#1	-41.62% Nov 8, 2021 - Jan 18, 2024	-69.92% Apr 10, 2007 - Jul 26, 2010
#2	-27.96% Feb 19, 2020 - May 20, 2020	-52.10% Feb 6, 2020 - Mar 31, 2021
#3	-23.91% Feb 18, 2025 - Jun 26, 2025	-29.36% Nov 1, 2021 - Jun 27, 2024
#4	-16.24% Oct 28, 2025 - May 1, 2026	-22.85% May 9, 2013 - Nov 25, 2014
#5	-12.26% Jul 10, 2024 - Oct 8, 2024	-21.28% Sep 12, 2018 - Feb 28, 2019
#6	-11.22% Sep 2, 2020 - Dec 7, 2020	-19.34% Apr 1, 2004 - Oct 15, 2004
#7	-11.20% Feb 12, 2021 - Apr 15, 2021	-17.68% Sep 8, 2016 - Jun 6, 2017
#8	-8.54% Mar 12, 2024 - May 20, 2024	-17.54% Sep 30, 2024 - Apr 8, 2025
#9	-8.37% Apr 15, 2021 - Jun 10, 2021	-16.38% Jun 23, 2011 - Aug 29, 2011
#10	-8.30% Sep 3, 2021 - Nov 4, 2021	-13.48% Nov 24, 2004 - Aug 21, 2006
#11	-7.65% Dec 6, 2024 - Feb 18, 2025	-11.26% Sep 24, 2010 - May 12, 2011
#12	-6.13% Jun 1, 2026 - Jun 5, 2026	-11.17% Apr 9, 2015 - Dec 23, 2015
#13	-5.34% Jun 10, 2020 - Jun 22, 2020	-11.13% Sep 1, 2011 - Oct 27, 2011
#14	-4.30% Jul 20, 2020 - Aug 3, 2020	-10.92% Oct 8, 2012 - Jan 23, 2013
#15	-4.30% Feb 9, 2024 - Feb 29, 2024	-9.00% Jul 2, 2003 - Nov 28, 2003

Correlation

Correlation between TECB and HPS is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2003 - 2026)

TECB vs HPS dividend yield comparison.

Year	TECB	HPS
2026	0.05%	3.80%
2025	0.33%	9.16%
2024	0.35%	8.78%
2023	0.23%	9.34%
2022	0.61%	9.15%
2021	0.35%	7.04%
2020	0.77%	7.63%
2019	0.00%	7.41%
2018	0.00%	9.26%
2017	0.00%	7.82%
2016	0.00%	8.27%
2015	0.00%	7.53%
2014	0.00%	8.21%
2013	0.00%	9.41%
2012	0.00%	7.71%
2011	0.00%	8.54%
2010	0.00%	8.42%
2009	0.00%	9.18%
2008	0.00%	14.39%
2007	0.00%	9.88%
2006	0.00%	7.39%
2005	0.00%	9.65%
2004	0.00%	9.42%
2003	0.00%	3.60%