iShares Core S&P US Growth ETF
ALTAR
Score™
4.7% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
24.3x P/Sales
ratio
4.0x
P/BV
ratio
5.5x Div.
yield
1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Core U.S. Growth Index Fund seeks investment results that correspond to the price and yield performance of the large cap growth sector of the U.S. stock market, as represented by the Russell 3000 Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Jul 28, 2000
Assets (mns) $8,539
Currency USD
Expense ratio 4 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 505
Wgt avg mkt cap (mns) $452,978
Large cap (>$10bn) 94.4%
Mid cap ($2-10bn) 5.6%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 8.7 %
APPLE INC 8.3 %
AMAZON.COM INC 4.7 %
FACEBOOK 3.2 %
ALPHABET INC. CLASS A 2.8 %
ALPHABET INC. CLASS C 2.8 %
VISA INC-CLASS A SHARES 2.2 %
MASTERCARD INC-CLASS A 1.9 %
JPMORGAN CHASE & CO 1.3 %
HOME DEPOT INC 1.2 %
Total 36.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
BRITAIN 1.0 %
IRELAND 0.8 %
SWITZERLAND 0.2 %
BERMUDA 0.1 %
NETHERLANDS 0.0 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.0% 23.9% 14.0% 15.1% 5.1%

Market Correlations
versus... Beta R-squared
S&P500 0.97 94%
MSCI EAFE 0.86 61%
MSCI Emg. Mkts. 0.57 46%

Technical Indicators
Recent close $72.86
30d moving avg. $70.70
Annualized volatility 12.2%
Short interest (ETF) 0.1%
Short interest (Underlying) 3.1%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 842
Turnover 0.7%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $120,893

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares Core S&P US Growth ETF ETF based on the alternatives' overlap in portfolio holdings with IUSG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IUSG Expense: 4 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IUSG
Ticker Fund
Name
Overlap1
vs IUSG
(%)
Expense
ratio
(bp)
Savings
vs IUSG
(bp)
ALTAR
Score™
(%)
ALTAR
vs IUSG
(%)
IVW iShares S&P 500 Growth 93.5 18 -14 4.6 -0.1
SPYG SPDR Portfolio S&P 500 Growth 93.4 4 0 4.7 +0.1
VOOG Vanguard S&P 500 Growth 93.3 10 -6 4.7 0.0
OMOM Invesco Russell 1000 Momentum Factor ETF 80.4 19 -15 5.8 +1.2
IWF iShares Russell 1000 Growth 76.7 19 -15 4.5 -0.1
VONG Vanguard Russell 1000 Growth 76.6 8 -4 4.7 -0.0
OQAL Invesco Russell 1000 Quality Factor ETF 73.9 19 -15 6.0 +1.3
MMTM SPDR S&P1500 Momentum Tilt 73.7 12 -8 5.1 +0.5
VUG Vanguard Growth ETF 73.3 4 0 4.2 -0.4
SCHG Schwab U.S. Large-Cap Growth 70.6 4 0 4.3 -0.3
SPXE ProShares S&P 500 Ex-Energy 67.8 27 -23 5.5 +0.8
SPXN ProShares S&P 500 Ex-Financials 67.6 27 -23 5.5 +0.8
PBP Invesco S&P 500 Buy/Write 67.6 49 -45 5.2 +0.6
IWY iShares Russell Top 200 Growth 67.4 20 -16 4.6 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 67.2 20 -16 5.6 +0.9
XOUT GraniteShares XOUT US Large Cap 66.9 60 -56 4.8 +0.1
SFY SoFi Select 500 66.8 0 4 5.3 +0.6
SPY S&P 500 SPDR 66.7 9 -5 5.6 +0.9
HSPX Global X S&P 500 Covered Call 66.6 65 -61 5.1 +0.4
IVV iShares Core S&P 500 66.6 4 0 5.6 +1.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Core S&P US Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 25.1 %
Divided by: Fwd. P/BV 5.3 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 CATEGORY
AVERAGE
1.56
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.