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£BTEK

The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the NASDAQ Biotechnology Index. The Index measures the performance of companies listed on the NASDAQ Stock Market that are classified as either biotechnology companies or pharmaceutical companies, according to their Industry Classification Benchmark (ICB) and that also meet other eligibility criteria as determined by NASDAQ, Inc. (the Index Provider), including minimum market capitalisation and liquidity requirements.
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$BTEC

The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the NASDAQ Biotechnology Index. The Index measures the performance of companies listed on the NASDAQ Stock Market that are classified as either biotechnology companies or pharmaceutical companies, according to their Industry Classification Benchmark (ICB) and that also meet other eligibility criteria as determined by NASDAQ, Inc. (the Index Provider), including minimum market capitalisation and liquidity requirements.
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Key takeaways

The ETFs track the same security, and so are effectively the same fund. £BTEK is traded in British pounds (£) on the London Stock Exchange, while $BTEC is traded in US dollars ($) on the same exchange.

Fund highlights

Fund name
iShares Nasdaq US Biotechnology
iShares Nasdaq US Biotechnology
Share currency
GBP
USD
Base currency
USD
USD
Use of income
Accumulating
Accumulating
Fund size
£693M
$937M
Beta
-
0.92
Last price
£6.56
$8.92
Annual fund charges
0.35%
0.35%
Fund manager
Benchmark
NASDAQ Biotechnology Index (Net Total Return)
NASDAQ Biotechnology Index (Net Total Return)
Risk
Ticker
£BTEK
$BTEC
Primary listing
LSE
LSE
Market data provided by CBOE Europe and Deutsche Börse.

Performance

CumulativeRolling yearsLump sum investment
£BTEK
$BTEC
Past performance is no guarantee of future returns.
The “cumulative” calculation shows returns on a price basis (i.e. excluding dividends). If an instrument trades in a different currency from your home currency, currency fluctuations may affect returns. These instruments are traded in different currencies, and performance is shown in the instruments' trading currencies

Sector exposure

ChartTable
£BTEK
$BTEC

Top holdings

Gilead Sciences

7.48%

Amgen

7.24%

Vertex Pharmaceuticals

7.05%

Regeneron

6.05%

Alnylam Pharmaceuticals

3.32%

Insmed

2.40%

Revolution Medicines

2.31%

Biogen

2.02%

United Therapeutics

1.99%

Other

60.14%

Gilead Sciences

7.48%

Amgen

7.24%

Vertex Pharmaceuticals

7.05%

Regeneron

6.05%

Alnylam Pharmaceuticals

3.32%

Insmed

2.40%

Revolution Medicines

2.31%

Biogen

2.02%

United Therapeutics

1.99%

Other

60.14%

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