XT — iShares Future Exponential Technologies ETF

XT Price Performance — Growth of $10,000

Value of a $10,000 investment in XT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XT Drawdown

The "underwater" chart: XT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Future Exponential Technologies ETF (XT) operates within the Thematic category, where ETFValuer tracks a total of 17 funds. Issued by iShares, this fund holds an overall rank of #177 among 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 64.5 out of 100. The fund manages $3.96 billion in assets while trading at a price of $78.74, indicating significant investor adoption relative to its category peers. It charges an expense ratio of 0.46% and currently offers a dividend yield of 0.97%. The combination of a substantial asset base and a mid-tier ranking suggests the fund has established a presence despite its average performance grade. Its cost structure and income profile are standard for a thematic equity fund of this size.

Short-term performance shows recent declines, with the fund down -0.67% over one day, -1.62% over one week, and -1.59% over one month. However, the trend shifts to positive gains over longer horizons, as the fund posted a 3-month return of +4.78% and a 6-month return of +9.35%. Year-to-date performance has accelerated further to +12.65%, while the one-year return stands at +25.91%. This upward trajectory continues into the three-year period, which has delivered a cumulative return of +47.41%. The data indicates a divergence where recent short-term weakness contrasts with strong multi-month and multi-year growth patterns.

The fund carries a Moderate volatility label and exhibits a beta of 1.35, suggesting it is more sensitive to market movements than the broader index. A Sharpe ratio of 1.19 indicates that the fund has generated a favorable risk-adjusted return relative to the volatility it has experienced. Despite these positive metrics, the fund has faced a maximum drawdown of -22.09%, highlighting the potential for significant temporary losses during market downturns. This combination of moderate volatility and a beta above 1.0 implies the fund tends to amplify market moves in both directions. The high Sharpe ratio alongside the substantial drawdown suggests that while the fund has rewarded investors with strong returns over time, it has done so with periods of notable price fluctuation.

AI-generated summary based on the data on this page.

XT Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 34.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XT's top 10 — ESGU overlaps most, holding 6 of the same companies as XT's top 10 (20.5% of XT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.34% and average daily volume is 124K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $3.96B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XT Performance History

How XT Compares to Other Thematic ETFs