iShares Russell 1000 ETF
ALTAR
Score™
5.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
25.6x P/Sales
ratio
2.4x
P/BV
ratio
3.2x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Russell 1000 Index Fund seeks investment results that correspond generally to the price and yield performance of the large capitalization sector of the U.S. equity market, as represented by the Russell 1000 Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 19, 2000
Assets (mns) $21,783
Currency USD
Expense ratio 15 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 998
Wgt avg mkt cap (mns) $322,094
Large cap (>$10bn) 92.1%
Mid cap ($2-10bn) 7.7%
Small cap (<$2bn) 0.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 5.0 %
APPLE INC 4.7 %
AMAZON.COM INC 3.7 %
FACEBOOK 1.9 %
ALPHABET INC. CLASS A 1.5 %
ALPHABET INC. CLASS C 1.5 %
JOHNSON & JOHNSON 1.4 %
BERKSHIRE HATHAWAY INC-CL B 1.3 %
VISA INC-CLASS A SHARES 1.2 %
JPMORGAN CHASE & CO 1.1 %
Total 23.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.6 %
IRELAND 1.5 %
BRITAIN 1.0 %
SWITZERLAND 0.3 %
BERMUDA 0.2 %
LUXEMBOURG 0.1 %
CHINA 0.1 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.1% 12.2% 9.4% 12.9% 6.0%

Market Correlations
versus... Beta R-squared
S&P500 1.02 100%
MSCI EAFE 1.02 85%
MSCI Emg. Mkts. 0.75 71%

Technical Indicators
Recent close $173.36
30d moving avg. $161.31
Annualized volatility 17.3%
Short interest (ETF) 1.1%
Short interest (Underlying) 2.6%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 869
Turnover 0.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $307,637

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Russell 1000 ETF ETF based on the alternatives' overlap in portfolio holdings with IWB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWB Expense: 15 bp ALTAR Score™: 5.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWB
Ticker Fund
Name
Overlap1
vs IWB
(%)
Expense
ratio
(bp)
Savings
vs IWB
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWB
(%)
VONE Vanguard Russell 1000 ETF 98.8 8 7 5.3 +0.1
SCHK Schwab 1000 Index ETF 97.4 5 10 5.3 +0.1
IYY iShares Dow Jones U.S. ETF 97.1 20 -5 5.2 -0.0
SCHX Schwab U.S. Large-Cap ETF 96.7 3 12 5.3 +0.1
PBUS Invesco PureBeta MSCI USA ETF 94.0 4 11 5.3 +0.1
IWV iShares Russell 3000 ETF 93.9 20 -5 5.1 -0.2
SPTM SPDR Portfolio Total Stock Market ETF 93.7 3 12 5.5 +0.3
SCHB Schwab U.S. Broad Market ETF 93.5 3 12 5.3 +0.1
VTI Vanguard Total Stock Market Index Fund 93.5 3 12 5.2 -0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 93.4 2 13 5.4 +0.1
VTHR Vanguard Russell 3000 Index Fund 93.3 10 5 5.2 -0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 93.2 3 12 5.2 -0.0
VV Vanguard Large-Cap Index Fund 92.6 4 11 5.3 +0.1
PBP Invesco S&P 500 BuyWrite ETF 89.9 49 -34 5.1 -0.1
IVV iShares Core S&P 500 ETF 89.9 4 11 5.4 +0.2
SPLG SPDR Portfolio Large Cap ETF 89.9 3 12 5.5 +0.2
SPY SPDR S&P 500 ETF Trust 89.9 9 6 5.4 +0.2
HSPX Global X S&P 500 Covered Call ETF 89.7 65 -50 4.9 -0.3
VOO VANGUARD S&P 500 ETF 89.6 3 12 5.5 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 87.3 27 -12 5.4 +0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 87.1 20 -5 5.4 +0.2
ESGV Vanguard ESG U.S. Stock ETF 83.5 12 3 5.3 +0.0
SFY SoFi Select 500 ETF 78.9 0 15 5.3 +0.1
MGC Vanguard Mega Cap Index Fund 78.9 7 8 5.3 +0.0
JHML John Hancock Multifactor Large Cap ETF 78.8 34 -19 5.5 +0.3
SPXN ProShares S&P 500 Ex-Financials ETF 77.9 27 -12 5.1 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 77.0 20 -5 5.0 -0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 76.7 25 -10 6.1 +0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 76.1 27 -12 5.1 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 76.0 29 -14 5.3 +0.1
IWL iShares Russell Top 200 ETF 74.5 15 0 5.1 -0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 73.5 9 6 5.5 +0.3
EPS WisdomTree U.S. Earnings 500 Fund 72.4 8 7 6.4 +1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 71.5 12 3 5.1 -0.2
ESGU iShares MSCI USA ESG Optimized ETF 70.7 15 0 5.1 -0.1
AVUS Avantis U.S. Equity ETF 70.6 15 0 5.7 +0.5
TOK iShares MSCI Kokusai ETF 70.1 25 -10 5.7 +0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 68.8 25 -10 6.4 +1.2
SNPE Xtrackers S&P 500 ESG ETF 68.5 11 4 5.2 -0.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 68.3 25 -10 6.4 +1.2
PRF Invesco FTSE RAFI US 1000 ETF 67.6 39 -24 6.7 +1.4
SPXT ProShares S&P 500 Ex-Technology ETF 66.5 27 -12 5.6 +0.4
IUSG iShares Core S&P US Growth ETF 66.3 4 11 4.5 -0.8
IQSU IQ Candriam ESG US Equity ETF 65.6 9 6 5.2 0.0
QUS SPDR MSCI USA StrategicFactors ETF 65.1 15 0 5.8 +0.5
URTH iShares MSCI World ETF 64.8 24 -9 5.8 +0.5
IUS Invesco Strategic US ETF 64.6 19 -4 6.1 +0.9
SPYG SPDR Portfolio S&P 500 Growth ETF 64.2 4 11 4.4 -0.8
IVW iShares S&P 500 Growth ETF 64.2 18 -3 4.3 -0.9
VOOG Vanguard S&P 500 Growth ETF 63.8 10 5 4.4 -0.8
VONG Vanguard Russell 1000 Growth Index Fund 62.5 8 7 4.4 -0.8
IWF iShares Russell 1000 Growth ETF 62.5 19 -4 4.3 -0.9
OEF iShares S&P 100 ETF 59.6 20 -5 4.9 -0.3
DTD WisdomTree U.S.Total Dividend Fund 59.4 28 -13 6.5 +1.3
VLU SPDR S&P 1500 Value Tilt ETF 59.2 12 3 7.0 +1.8
RWL Invesco S&P 500 Revenue ETF 59.2 39 -24 6.7 +1.5
DIVB iShares U.S. Dividend & Buyback ETF 58.9 25 -10 6.4 +1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 58.4 30 -15 6.6 +1.4
ESG FlexShares STOXX US ESG Impact Index Fund 57.6 32 -17 5.1 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 57.4 60 -45 4.5 -0.7
ACWI iShares MSCI ACWI ETF 57.3 32 -17 6.0 +0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 56.7 28 -13 6.3 +1.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 55.7 29 -14 4.3 -0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 55.3 29 -14 6.1 +0.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 55.2 15 0 6.3 +1.0
IUSV iShares Core S&P U.S. Value ETF 55.2 4 11 7.3 +2.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 55.0 20 -5 6.3 +1.1
SCHG Schwab U.S. Large-Cap Growth ETF 54.8 4 11 4.3 -1.0
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.7 20 -5 6.3 +1.1
EXT WisdomTree U.S. Total Earnings Fund 54.5 28 -13 5.7 +0.5
VT Vanguard Total World Stock Index Fund 53.9 8 7 6.2 +1.0
RECS Columbia Research Enhanced Core ETF 53.3 15 0 5.6 +0.4
SPYV SPDR Portfolio S&P 500 Value ETF 53.2 4 11 7.2 +2.0
IVE iShares S&P 500 Value ETF 53.2 18 -3 7.1 +1.8
VOOV Vanguard S&P 500 Value ETF 53.1 15 0 7.1 +1.9
VUG Vanguard Growth Index Fund 52.4 4 11 4.2 -1.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 52.3 42 -27 5.6 +0.3
DGRO iShares Core Dividend Growth ETF 51.1 8 7 6.4 +1.2
QWLD SPDR MSCI World StrategicFactors ETF 50.6 30 -15 6.0 +0.8
NACP Impact Shares NAACP Minority Empowerment ETF 50.5 75 -60 4.5 -0.7
IWY iShares Russell Top 200 Growth ETF 50.5 20 -5 4.3 -0.9
IWD iShares Russell 1000 Value ETF 50.1 19 -4 6.9 +1.7
VONV Vanguard Russell 1000 Value Index Fund 49.8 8 7 7.0 +1.8
DSI iShares MSCI KLD 400 Social ETF 49.5 25 -10 5.2 -0.0
AFLG First Trust Active Factor Large Cap ETF 49.3 55 -40 5.5 +0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 48.8 9 6 6.2 +0.9
VEGN US Vegan Climate ETF 48.7 60 -45 5.2 -0.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.6 9 6 5.8 +0.6
XLG Invesco S&P 500 Top 50 ETF 48.4 20 -5 4.7 -0.6
EUSA iShares MSCI USA Equal Weighted ETF 48.3 15 0 5.9 +0.7
SIZE iShares Edge MSCI USA Size Factor ETF 47.7 15 0 5.8 +0.6
SUSL iShares ESG MSCI USA Leaders ETF 47.4 10 5 5.4 +0.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.3 10 5 5.4 +0.2
WOMN Impact Shares YWCA Women's Empowerment ETF 47.3 75 -60 4.5 -0.7
MXDU Nationwide Maximum Diversification US Core Equity ETF 47.0 34 -19 5.2 -0.1
KRMA Global X Conscious Companies ETF 46.7 43 -28 5.2 -0.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 46.3 19 -4 5.6 +0.4
RSP Invesco S&P 500 Equal Weight ETF 46.2 20 -5 6.7 +1.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 45.9 49 -34 4.1 -1.1
EQWL Invesco Russell Top 200 Equal Weight ETF 45.2 25 -10 5.9 +0.7

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 Russell 1000 ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.1 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 CATEGORY
AVERAGE
1.53
 
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.