iShares Dynamic Equity Active ETF

BlackRock ETF Trust

Actively managed U.S. equity fund
$2.75B NAV
336 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares Dynamic Equity Active ETF is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed

Fund profile

As filed in the prospectus · 2025 Q3

The iShares Dynamic Equity Active ETF (the Fund) seeks to provide total return.

Strategy · summarised

The fund is actively managed and seeks to identify long-term trends across global markets, industries, and issuers, adjusting its allocation of equity and fixed-income securities in response to changing economic conditions. The manager considers factors including economic growth rates, natural resources, capital reinvestment, and the social and political environment when selecting among developed, emerging, and frontier markets. The fund may use short positions, derivatives, and currency positioning to enhance returns or hedge risks, and may gain commodity exposure by investing up to 25% of assets in a wholly-owned Cayman Islands subsidiary that invests primarily in commodity-related instruments. Because the fund's returns depend on the manager's ability to identify outperforming markets, industries, and issuers relative to others, performance will diverge from any benchmark.

Expenses
0.40%one share class
Share classGrossNet
C0002577130.42%0.40%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 101.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.13%
of net assets
Stocks95.06%
Cash & short-term5.11%
Other0.00%
Derivatives-0.05%

Look-through blends 7 underlying funds; 1.707% of NAV was not looked through and stays direct-classified.

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology22.5%
International20.1%
Communication Services9.4%
Consumer Discretionary8.4%
9 smaller39.6%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 91 new82 exited

Largest new: AstraZeneca PLC, Cenovus Energy Inc, PH, CFG, ROK, TRGP, Chicago Mercantile Exchange, Roche Holding AG

Largest exited: COF, SAP SE, INTU, Medtronic PLC, BSX, Cie de Saint-Gobain SA, APO, Adyen NV

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
9 of 12 months
3-year
9 of 36 months
5-year
9 of 60 months
Volatility
Worst 3-yr fall
Cumulative return· Aug 2025 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Alphabet IncGOOG5.66%$155.43M
NVIDIA CorpNVDA5.54%$152.12M
Apple IncAAPL4.47%$122.82M
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES4.34%$119.41M
Amazon.com IncAMZN3.10%$85.18M
Broadcom IncAVGO2.62%$72.13M
Microsoft CorpMSFT2.30%$63.10M
Meta Platforms IncMETA2.04%$56.06M
Micron Technology IncMU1.71%$47.03M
SPDR Gold Shares1.71%$46.92M
Showing 10 of 336Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 33.48% of net assets, top 25 51.51%, across 251 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free