iShares S&P 500 Growth ETF
ALTAR
Score™
5.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
20.4x P/Sales
ratio
3.3x
P/BV
ratio
4.8x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P 500 Growth Index Fund seeks investment results that correspond to the price and yield performance of U.S. large-cap growth stocks as represented by the S&P 500/Citigroup Growth Index, based on a multifactor methodology.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 26, 2000
Assets (mns) $21,372
Currency USD
Expense ratio 18 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 273
Wgt avg mkt cap (mns) $424,895
Large cap (>$10bn) 98.4%
Mid cap ($2-10bn) 1.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 9.9 %
APPLE INC 8.8 %
AMAZON.COM INC 6.7 %
FACEBOOK 3.3 %
ALPHABET INC. CLASS A 2.9 %
ALPHABET INC. CLASS C 2.9 %
VISA INC-CLASS A SHARES 2.3 %
MASTERCARD INC-CLASS A 1.8 %
NETFLIX INC 1.4 %
NVIDIA CORP 1.3 %
Total 41.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
BRITAIN 1.0 %
IRELAND 0.8 %
SWITZERLAND 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.5% -2.6% 9.3% 12.4% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.93 95%
MSCI EAFE 0.83 74%
MSCI Emg. Mkts. 0.61 59%

Technical Indicators
Recent close $161.36
30d moving avg. $173.80
Annualized volatility 14.5%
Short interest (ETF) 0.4%
Short interest (Underlying) 2.2%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 2,143
Turnover 1.6%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $232,513

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares S&P 500 Growth ETF ETF based on the alternatives' overlap in portfolio holdings with IVW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IVW Expense: 18 bp ALTAR Score™: 5.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IVW
Ticker Fund
Name
Overlap1
vs IVW
(%)
Expense
ratio
(bp)
Savings
vs IVW
(bp)
ALTAR
Score™
(%)
ALTAR
vs IVW
(%)
SPYG SPDR Portfolio S&P 500 Growth ETF 99.7 4 14 5.8 +0.2
VOOG Vanguard S&P 500 Growth ETF 99.6 10 8 5.7 +0.1
IUSG iShares Core S&P US Growth ETF 94.3 4 14 5.8 +0.2
VUG Vanguard Growth Index Fund 78.4 4 14 5.5 -0.1
VONG Vanguard Russell 1000 Growth Index Fund 77.3 8 10 5.8 +0.1
IWF iShares Russell 1000 Growth ETF 76.8 19 -1 5.7 +0.0
HSPX Global X S&P 500 Covered Call ETF 73.3 65 -47 6.2 +0.5
IWY iShares Russell Top 200 Growth ETF 73.2 20 -2 5.5 -0.1
PBP Invesco S&P 500 BuyWrite ETF 72.7 49 -31 6.5 +0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 71.9 12 6 6.7 +1.1
SCHG Schwab U.S. Large-Cap Growth ETF 71.9 4 14 5.6 +0.0
MGK Vanguard Mega Cap Growth ETF 71.2 7 11 5.6 +0.0
SPXE ProShares S&P 500 Ex-Energy ETF 69.7 27 -9 7.0 +1.3
SPXN ProShares S&P 500 Ex-Financials ETF 69.6 27 -9 6.6 +1.0
SFY SoFi Select 500 ETF 69.6 0 18 6.7 +1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 69.3 20 -2 7.1 +1.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 69.3 60 -42 6.0 +0.3
SPY SPDR S&P 500 ETF Trust 68.9 9 9 7.1 +1.4
VOO VANGUARD S&P 500 ETF 68.8 3 15 7.1 +1.5
SPLG SPDR Portfolio Large Cap ETF 68.8 3 15 7.1 +1.5
IVV iShares Core S&P 500 ETF 68.8 4 14 7.1 +1.5
IQSU IQ Candriam ESG US Equity ETF 67.8 9 9 6.7 +1.1
MGC Vanguard Mega Cap Index Fund 67.6 7 11 6.8 +1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 67.5 27 -9 6.8 +1.2
VV Vanguard Large-Cap Index Fund 67.0 4 14 7.0 +1.3
IWL iShares Russell Top 200 ETF 66.8 15 3 6.6 +1.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 66.2 2 16 7.1 +1.4
PBUS Invesco PureBeta MSCI USA ETF 65.5 4 14 7.2 +1.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 64.7 49 -31 5.5 -0.2
SCHX Schwab U.S. Large-Cap ETF 64.7 3 15 7.0 +1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 64.7 20 -2 6.6 +1.0
SPTM SPDR Portfolio Total Stock Market ETF 64.3 3 15 7.3 +1.7
VONE Vanguard Russell 1000 ETF 63.9 8 10 7.0 +1.4
ESGV Vanguard ESG U.S. Stock ETF 63.5 12 6 7.0 +1.4
IWB iShares Russell 1000 ETF 63.3 15 3 7.0 +1.3
SCHK Schwab 1000 Index ETF 63.0 5 13 7.0 +1.4
IYY iShares Dow Jones U.S. ETF 62.5 20 -2 6.9 +1.3
SNPE Xtrackers S&P 500 ESG ETF 62.3 11 7 6.8 +1.2
OEF iShares S&P 100 ETF 62.0 20 -2 6.3 +0.7
XLG Invesco S&P 500 Top 50 ETF 60.8 20 -2 5.9 +0.3
VTHR Vanguard Russell 3000 Index Fund 60.7 10 8 6.9 +1.3
CATH Global X S&P 500 Catholic Values Custom ETF 60.7 29 -11 7.0 +1.4
SCHB Schwab U.S. Broad Market ETF 60.3 3 15 7.0 +1.4
VTI Vanguard Total Stock Market Index Fund 60.2 3 15 7.0 +1.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 60.1 3 15 7.0 +1.4
IWV iShares Russell 3000 ETF 60.0 20 -2 6.9 +1.2
ESGU iShares MSCI USA ESG Optimized ETF 59.4 15 3 6.7 +1.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 58.9 75 -57 5.0 -0.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 58.8 9 9 7.3 +1.7
IETC iShares Evolved U.S. Technology ETF 58.8 18 0 5.4 -0.2
TMFC Motley Fool 100 Index ETF 58.5 50 -32 5.1 -0.6
DSI iShares MSCI KLD 400 Social ETF 58.0 25 -7 6.7 +1.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 57.9 29 -11 5.6 0.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 57.7 21 -3 4.4 -1.3
IGM iShares North American Tech ETF 56.3 46 -28 5.3 -0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 55.4 15 3 6.9 +1.3
QQQ Invesco QQQ Trust 55.4 20 -2 5.4 -0.3
QYLD Global X NASDAQ 100 Covered Call ETF 55.4 60 -42 4.9 -0.7
NUSI Nationwide Risk-Managed Income ETF 55.4 68 -50 4.8 -0.8
SUSL iShares ESG MSCI USA Leaders ETF 54.7 10 8 6.9 +1.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 54.6 10 8 6.9 +1.3
JHML John Hancock Multifactor Large Cap ETF 54.2 34 -16 7.5 +1.8
EPS WisdomTree U.S. Earnings 500 Fund 53.5 8 10 8.5 +2.8
NACP Impact Shares NAACP Minority Empowerment ETF 53.2 75 -57 6.2 +0.6
SPXT ProShares S&P 500 Ex-Technology ETF 53.1 27 -9 7.3 +1.7
VEGN US Vegan Climate ETF 52.2 60 -42 7.1 +1.5
JKE iShares Morningstar Large-Cap Growth ETF 51.1 25 -7 4.7 -0.9
ESG FlexShares STOXX US ESG Impact Index Fund 50.8 32 -14 6.8 +1.1
RECS Columbia Research Enhanced Core ETF 50.8 15 3 7.5 +1.8
IUS Invesco Strategic US ETF 50.1 19 -1 7.9 +2.3
AVUS Avantis U.S. Equity ETF 49.4 15 3 8.0 +2.4
QUS SPDR MSCI USA StrategicFactors ETF 49.2 15 3 7.3 +1.6
TOK iShares MSCI Kokusai ETF 47.9 25 -7 7.3 +1.7
EXT WisdomTree U.S. Total Earnings Fund 47.4 28 -10 7.7 +2.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 47.2 25 -7 8.6 +3.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 46.8 19 -1 7.6 +1.9
FDMO Fidelity Momentum Factor ETF 46.7 29 -11 5.5 -0.1
WOMN Impact Shares YWCA Women's Empowerment ETF 45.8 75 -57 6.2 +0.6
JQUA JPMorgan U.S. Quality Factor ETF 44.8 12 6 6.6 +1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 44.6 25 -7 8.3 +2.7
DIVB iShares U.S. Dividend & Buyback ETF 44.4 25 -7 8.8 +3.2
IOO iShares Global 100 ETF 43.9 40 -22 6.1 +0.5
URTH iShares MSCI World ETF 43.9 24 -6 7.5 +1.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 43.1 30 -12 8.1 +2.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 42.8 25 -7 8.4 +2.8
JMOM JPMorgan U.S. Momentum Factor ETF 42.8 12 6 5.2 -0.5
FQAL Fidelity Quality Factor ETF 42.1 29 -11 7.0 +1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 42.0 28 -10 8.0 +2.4
SYG SPDR MFS Systematic Growth Equity ETF 41.1 60 -42 6.3 +0.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 40.8 12 6 6.3 +0.7
IYW iShares U.S. Technology ETF 40.5 42 -24 5.6 -0.0
LRGE ClearBridge Large Cap Growth ESG ETF 40.2 60 -42 5.4 -0.2
DTD WisdomTree U.S.Total Dividend Fund 40.1 28 -10 8.5 +2.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 39.9 42 -24 7.2 +1.6
FDLO Fidelity Low Volatility Factor ETF 39.8 29 -11 6.5 +0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 39.8 29 -11 8.2 +2.6
VLU SPDR S&P 1500 Value Tilt ETF 39.6 12 6 9.6 +4.0
AFLG First Trust Active Factor Large Cap ETF 39.4 55 -37 7.7 +2.1
PRF Invesco FTSE RAFI US 1000 ETF 39.3 39 -21 9.2 +3.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 39.2 20 -2 8.1 +2.5

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 S&P 500 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 26.4 %
Divided by: Fwd. P/BV 4.5 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.34 CATEGORY
AVERAGE
1.51
 
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.