iShares Russell 1000 Growth ETF
ALTAR
Score™
4.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
23.3x P/Sales
ratio
3.3x
P/BV
ratio
6.2x Div.
yield
1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Russell 1000 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 1000 Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 26, 2000
Assets (mns) $48,945
Currency USD
Expense ratio 19 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 530
Wgt avg mkt cap (mns) $450,702
Large cap (>$10bn) 95.2%
Mid cap ($2-10bn) 4.8%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 8.5 %
MICROSOFT CORP 8.3 %
AMAZON.COM INC 5.3 %
FACEBOOK 3.1 %
ALPHABET INC. CLASS C 2.7 %
ALPHABET INC. CLASS A 2.7 %
VISA INC-CLASS A SHARES 2.2 %
MASTERCARD INC-CLASS A 1.8 %
UNITEDHEALTH GROUP INC 1.7 %
MERCK & CO. INC. 1.2 %
Total 37.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.6 %
IRELAND 1.1 %
BRITAIN 0.6 %
BERMUDA 0.1 %
LUXEMBOURG 0.1 %
CHINA 0.1 %
CANADA 0.0 %
CAYMAN ISLANDS 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.
2.3% 27.6% 15.3% 15.8% 5.4%

Market Correlations
versus... Beta R-squared
S&P500 1.03 93%
MSCI EAFE 0.92 61%
MSCI Emg. Mkts. 0.61 46%

Technical Indicators
Recent close $175.87
30d moving avg. $185.23
Annualized volatility 13.0%
Short interest (ETF) 0.7%
Short interest (Underlying) 2.8%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 1,711
Turnover 0.6%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $141,689

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares Russell 1000 Growth ETF ETF based on the alternatives' overlap in portfolio holdings with IWF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWF Expense: 19 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWF
Ticker Fund
Name
Overlap1
vs IWF
(%)
Expense
ratio
(bp)
Savings
vs IWF
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWF
(%)
VONG Vanguard Russell 1000 Growth Index Fund 99.6 8 11 5.1 +0.1
IWY iShares Russell Top 200 Growth ETF 79.3 20 -1 5.0 +0.1
VUG Vanguard Growth Index Fund 76.6 4 15 4.6 -0.3
IUSG iShares Core S&P US Growth ETF 76.4 4 15 5.1 +0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 75.9 4 15 5.1 +0.2
IVW iShares S&P 500 Growth ETF 75.9 18 1 5.0 +0.1
VOOG Vanguard S&P 500 Growth ETF 75.9 10 9 5.1 +0.1
SCHG Schwab U.S. Large-Cap Growth ETF 75.7 4 15 4.7 -0.2
OQAL Invesco Russell 1000 Quality Factor ETF 75.3 19 0 6.0 +1.1
OMOM Invesco Russell 1000 Momentum Factor ETF 72.6 19 0 5.8 +0.9
XOUT GraniteShares XOUT U.S. Large Cap ETF 67.8 60 -41 5.3 +0.3
MGK Vanguard Mega Cap Growth ETF 66.9 7 12 4.8 -0.2
IQSU IQ Candriam ESG US Equity ETF 64.1 9 10 5.8 +0.9
SPXN ProShares S&P 500 Ex-Financials ETF 63.6 27 -8 5.9 +1.0
SFY SoFi Select 500 ETF 61.7 0 19 5.7 +0.8
ESGV Vanguard ESG U.S. Stock ETF 61.3 12 7 5.8 +0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 61.1 12 7 5.5 +0.6
IWL iShares Russell Top 200 ETF 60.6 15 4 5.8 +0.8
OVOL Invesco Russell 1000 Low Volatility Factor ETF 60.3 19 0 6.6 +1.6
MGC Vanguard Mega Cap Index Fund 60.3 7 12 5.9 +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 Russell 1000 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 30.7 %
Divided by: Fwd. P/BV 6.0 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 4.9 %
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.