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BTEC
+2.00 · +5.62%
$37.69 · NASDAQ

Principal Healthcare Innovators ETF (BTEC) ETF Analysis | Health

Principal Funds · United States
AUM:$16.2M
#– of – in Health ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 18.4% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.42% — moderate cost. Consider how fees compound over long holding periods.

What is BTEC?

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the healthcare sector. It invests significantly in early-stage companies within the healthcare equipment and supplies, pharmaceuticals, biotechnology, and life sciences industries that are not yet consistently profitable.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
BTEC delivered 18.4% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.42%. Consider how fees compound over a long holding period.
Broadly Diversified
Top 10 holdings represent just 0.1% of the ETF — exposure spread across many positions.
ETF Information
AUM$16.2M
Expense Ratio0.42%
Dividend Yield0.00%
Holdings1
Inception DateAug 2016
DomicileUnited States
DistributionNA
Index–
ProviderPrincipal Funds
Beta1.03
CategoryHealth
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+16.5%
1Y
+47.7%
3Y
-68.9%
5Y
-81.1%
OpenBook InsightIf you had invested £10,000 in BTEC 5 years ago, it would have fallen to £1,894 — a loss of £8,106.

Annual Returns

Calendar year performance

BTEC delivered positive returns in 3 of the last 5 calendar years.
YearBTEC
2026 YTD+20.8%
2025+31.0%
2024-82.8%
2023+9.7%
2022-30.6%
CAGR 4yr-35.6%
3/5 positive yearsAvg return: -10.4%Worst year: -82.8% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
42.3%
Very High
Momentum
+22.0%
30-day change
Support Level
8.33
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Momentum is upward with a 22.0% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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