TECB vs TAOZ

Comparison between ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF (TECB, ETF) and THORNBURG AMERICAN OPPORTUNITIES FUND ETF CLASS (TAOZ, ETF).

TECB vs TAOZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TECB(ETF)	TAOZ(ETF)
Net Assets	$495M	$494M
Expense Ratio	0.30%	0.79%
Max Drawdown	41.92%	3.85%
Sharpe Ratio	1.22	2.18
5Y Beta	1.20	0.73
P/E Ratio	36.97	23.73
Forward P/E	23.20	16.76
PEG Ratio	N/A	0.47
5Y Dividends CAGR	-2.76%	N/A
5Y EPS CAGR	22.06%	19.32%
Debt to Equity	30.76%	77.09%
P/S Ratio	6.23	2.89
P/B Ratio	7.07	4.03

Net Assets

Winner

TECB

$495M

TAOZ

$494M

Expense Ratio

Winner

TECB

0.30%

TAOZ

0.79%

Max Drawdown

TECB

41.92%

Winner

TAOZ

3.85%

Sharpe Ratio

TECB

1.22

Winner

TAOZ

2.18

5Y Beta

TECB

1.20

Winner

TAOZ

0.73

P/E Ratio

TECB

36.97

Winner

TAOZ

23.73

Forward P/E

TECB

23.20

Winner

TAOZ

16.76

PEG Ratio

TECB

N/A

TAOZ

0.47

5Y Dividends CAGR

TECB

-2.76%

TAOZ

N/A

5Y EPS CAGR

Winner

TECB

22.06%

TAOZ

19.32%

Debt to Equity

Winner

TECB

30.76%

TAOZ

77.09%

P/S Ratio

TECB

6.23

Winner

TAOZ

2.89

P/B Ratio

TECB

7.07

Winner

TAOZ

4.03

TECB vs TAOZ - Holdings Comparison

TECB and TAOZ have 8 common holdings. Overlap is 17.51%

TECB's top 25 holdings weight is 78.74%. TAOZ's top 25 holdings weight is 77.60%.

Rank	TECB	TAOZ
#1	ADVANCED MICRO DEVICES INC (AMD) - 7.59%	ALPHABET INC CLASS A (GOOGL) - 7.56%
#2	INTEL CORP (INTC) - 5.20%	APPLE INC (AAPL) - 5.52%
#3	MERCK & CO INC (MRK) - 4.34%	THORNBURG CAPITAL MANAGEMENT (n/a) - 5.52%
#4	ALPHABET INC CLASS A (GOOGL) - 4.22%	COLLIERS INTERNATIONAL GROUP INC SHS SUBORD VOTING (n/a) - 3.79%
#5	NVIDIA CORP (NVDA) - 4.18%	NETFLIX INC (NFLX) - 3.72%
#6	AMAZON.COM INC (AMZN) - 4.11%	META PLATFORMS INC CLASS A (META) - 3.60%
#7	APPLE INC (AAPL) - 3.92%	COHERENT CORP (COHR) - 3.47%
#8	PALO ALTO NETWORKS INC (PANW) - 3.75%	ELI LILLY AND CO (LLY) - 3.43%
#9	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 3.37%	CHARLES SCHWAB CORP (SCHW) - 3.34%
#10	META PLATFORMS INC CLASS A (META) - 3.21%	LPL FINANCIAL HOLDINGS INC (LPLA) - 3.28%
#11	NETFLIX INC (NFLX) - 3.13%	CITIGROUP INC (C) - 3.19%
#12	MICROSOFT CORP (MSFT) - 3.07%	ARCA CONTINENTAL SAB DE CV CLASS B ORDINARY SHARES (n/a) - 2.96%
#13	TEXAS INSTRUMENTS INC (TXN) - 2.87%	TALEN ENERGY CORP ORDINARY SHARES NEW (TLN) - 2.70%
#14	VISA INC CLASS A (V) - 2.86%	CONSTELLATION SOFTWARE INC (n/a) - 2.57%
#15	ORACLE CORP (ORCL) - 2.81%	BUILDERS FIRSTSOURCE INC (BLDR) - 2.43%
#16	n/a (PLTR) - 2.66%	ROUND ONE CORP (n/a) - 2.34%
#17	QUALCOMM INC (QCOM) - 2.60%	MAREX GROUP PLC (MRX) - 2.27%
#18	VERTEX PHARMACEUTICALS INC (VRTX) - 2.17%	IQVIA HOLDINGS INC (IQV) - 2.23%
#19	MASTERCARD INC CLASS A (MA) - 2.11%	LUMINE GROUP INC COMMON STOCK (n/a) - 2.03%
#20	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 2.06%	SHARKNINJA INC (SN) - 2.00%
#21	ANALOG DEVICES INC (ADI) - 1.98%	TRANSUNION (TRU) - 2.00%
#22	SANDISK CORP ORDINARY SHARES (SNDK) - 1.77%	MASTERCARD INC CLASS A (MA) - 1.98%
#23	FORTINET INC (FTNT) - 1.73%	BOOKING HOLDINGS INC (BKNG) - 1.91%
#24	INTUITIVE SURGICAL INC (ISRG) - 1.58%	CAPITAL POWER CORP (n/a) - 1.89%
#25	SALESFORCE INC (CRM) - 1.45%	SHELL PLC ADR (REPRESENTING ORDINARY SHARES) (SHEL) - 1.87%
Total Holdings	186	42

TECB vs TAOZ - Historical Returns

Returns include dividend reinvestment.

Period	TECB	TAOZ
1 month	+2.68%	+1.56%
3 months	+23.02%	N/A
6 months	+14.82%	N/A
1 year	+26.59%	N/A
5 years(CAGR)	+13.10%	N/A
Max(CAGR)	+17.68%	+35.58%

Winner

TECB

+2.68%

TAOZ

+1.56%

TECB

+23.02%

TAOZ

N/A

TECB

+14.82%

TAOZ

N/A

TECB

+26.59%

TAOZ

N/A

5Y(CAGR)

TECB

+13.10%

TAOZ

N/A

Max(CAGR)

TECB

+17.68%

Winner

TAOZ

+35.58%

TECB vs TAOZ - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	TECB	TAOZ
2026	+15.82%	+6.18%
2025	+14.64%	N/A
2024	+26.69%	N/A
2023	+57.53%	N/A
2022	-34.46%	N/A
2021	+21.42%	N/A
2020	+39.91%	N/A

TECB vs TAOZ Drawdown Comparison

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

The maximum drawdown for TAOZ was -3.85%, occurring on Apr 29, 2026. Recovery took 33 trading sessions.

The current TECB drawdown is -5.55%. The current TAOZ drawdown is -1.35%.

Rank	TECB	TAOZ
#1	-41.62% Nov 8, 2021 - Jan 18, 2024	-3.85% Apr 17, 2026 - Jun 4, 2026
#2	-27.96% Feb 19, 2020 - May 20, 2020	-2.29% Jun 4, 2026 - Jun 10, 2026
#3	-23.91% Feb 18, 2025 - Jun 26, 2025	-0.62% Apr 9, 2026 - Apr 13, 2026
#4	-16.24% Oct 28, 2025 - May 1, 2026	-0.50% Apr 15, 2026 - Apr 17, 2026
#5	-12.26% Jul 10, 2024 - Oct 8, 2024	-0.14% Apr 6, 2026 - Apr 8, 2026
#6	-11.22% Sep 2, 2020 - Dec 7, 2020	N/A
#7	-11.20% Feb 12, 2021 - Apr 15, 2021	N/A
#8	-8.54% Mar 12, 2024 - May 20, 2024	N/A
#9	-8.52% Jun 1, 2026 - Jun 10, 2026	N/A
#10	-8.37% Apr 15, 2021 - Jun 10, 2021	N/A
#11	-8.30% Sep 3, 2021 - Nov 4, 2021	N/A
#12	-7.65% Dec 6, 2024 - Feb 18, 2025	N/A
#13	-5.34% Jun 10, 2020 - Jun 22, 2020	N/A
#14	-4.30% Jul 20, 2020 - Aug 3, 2020	N/A
#15	-4.30% Feb 9, 2024 - Feb 29, 2024	N/A