BlackRock Future Innovators ETF
Data updated: 2023-10-13
C000221228 — BlackRock Future Innovators ETF. Emerging Markets Growth Equity · $7.20M AUM · 0.80% expense ratio. Holdings, fees, performance and SEC filings.
C000221228 Fund Overview
BlackRock Future Innovators ETF is a US ETF managed by BlackRock ETF Trust, categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: BlackRock ETF Trust
- Category: Emerging Markets Growth Equity
- Assets under management: $7.20M
- 1-year return: 7.6%
- SEC CIK: 0001761055
- SEC series ID: S000069262
- Share class ID: C000221228
C000221228 Investment Objective and Strategy
BlackRock Future Innovators ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock ETF Trust.
Investment objective
The BlackRock Future Innovators ETF (the Fund ) seeks long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by mid- and small-capitalization companies that BFA believes have above-average earnings growth potential. Equity securities include common stocks, preferred stocks, convertible securities, warrants and depositary receipts, though the Fund seeks to buy primarily common stock. Although universal definitions of small-capitalization companies and mid-capitalization companies do not exist, the Fund generally defines small-capitalization and mid-capitalization companies as those companies with market capitalizations, at the time of the Funds investment, comparable in size to the companies in the Russell 2500 Growth Index (between $11 million and $20 billion as of October 31, 2022).
In the future, the Fund may define small- or mid-capitalization companies using a different index or classification system. In selecting investments for the Fund, BFA focuses on equity securities of small- and mid-capitalization growth companies that are innovative. These are companies that have introduced, or are seeking to introduce, a new product or service that potentially changes the marketplace. In evaluating innovative companies, BFA seeks to identify, using its own internal research and analysis, companies capitalizing on innovation or that are enabling the further development of the theme of innovation in the markets in which they operate. The Fund may invest in shares of companies through initial public offerings (IPOs). The Fund may invest up to 25% of its assets in securities of foreign companies, including companies located in emerging markets.
Foreign securities in which the Fund may invest may be U.S. dollar-denominated or non-U.S. dollar-denominated. The Fund may also invest in securities of other open- or closed-end investment companies, subject to applicable regulatory limits, that invest primarily in securities of the types in which the Fund may invest directly. The Fund classifies its investments in such investment companies as equity securities for purposes of its investment policies based upon such investment companies stated investment objectives, policies and restrictions. During temporary defensive periods ( i.e. , in response to adverse market, economic or political conditions), the Fund may depart from its principal investment strategies and may invest up to 100% of its total assets in liquid, short-term investments, including high quality, short-term securities.
The Fund may not achieve its investment objectives under these circumstances. BFAs determination that it is temporarily unable to follow the Funds investment strategy or that it is impractical to do so will generally occur only in situations in which a market disruption event has occurred and where trading in the securities selected through application of the Funds investment strategy is extremely limited or absent. The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received).
C000221228 Performance
Total returns for C000221228 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.6% |
| 3 years (annualised) | -5.6% |
C000221228 Risk Information
Risk metrics for C000221228, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.4%
C000221228 Costs and Fees
C000221228 costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 0.80%
- Portfolio turnover: 45%
- Brokerage commissions: 2.16 bps of average net assets (SEC N-CEN)
C000221228 Cashflows
Over the 12 months to 2023-07, BlackRock Future Innovators ETF had net outflows of $1.08M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | $0 |
| 2023-06 | $0 |
| 2023-05 | $0 |
| 2023-04 | −$800.55K |
| 2023-03 | $0 |
| 2023-02 | $0 |
C000221228 Debt Constituents
No individual debt constituents are reported in BlackRock Future Innovators ETF's latest SEC N-PORT filing.
C000221228 Prospectus and SEC Filings
Official BlackRock Future Innovators ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-11-23
- Prospectus (485BPOS) — filed 2020-09-22
- Prospectus supplement (497) — filed 2022-12-02
- Portfolio holdings (N-PORT) — filed 2023-09-26
- Portfolio holdings (N-PORT) — filed 2023-06-27
- Portfolio holdings (N-PORT) — filed 2023-03-29
- Annual census (N-CEN) — filed 2023-10-13
- Annual census (N-CEN) — filed 2022-10-12
Related Funds
Other Emerging Markets Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.