iShares Morningstar Large Cap Growth
ALTAR
Score™
4.0% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
29.7x P/Sales
ratio
4.6x
P/BV
ratio
6.3x Div.
yield
0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Morningstar Large Growth Index seeks investment results that correspond to the price and yield performance of the Morningstar Large Growth Index. The Index measures the performace of c

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jul 02, 2004
Assets (mns) $1,190
Currency USD
Expense ratio 25 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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 72
Wgt avg mkt cap (mns) $304,392
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 8.5 %
AMAZON.COM INC 5.5 %
FACEBOOK 3.9 %
ALPHABET INC. CLASS C 3.1 %
ALPHABET INC. CLASS A 3.0 %
VISA INC-CLASS A SHARES 2.8 %
UNITEDHEALTH GROUP INC 2.6 %
MASTERCARD INC-CLASS A 2.4 %
ADOBE SYSTEMS INC 1.7 %
ABBOTT LABORATORIES 1.7 %
Total 35.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.3 %
BRITAIN 1.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
29.0% 18.5% 13.1% 14.7% 9.7%

Market Correlations
versus... Beta R-squared
S&P500 1.01 88%
MSCI EAFE 0.94 63%
MSCI Emg. Mkts. 0.70 56%

Technical Indicators
Recent close $203.40
30d moving avg. $198.39
Annualized volatility 13.0%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.0%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 17
Turnover 0.3%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $45,788

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: JKE Expense: 25 bp ALTAR Score™: 4.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JKE
Ticker Fund
Name
Overlap1
vs JKE
(%)
Expense
ratio
(bp)
Savings
vs JKE
(bp)
ALTAR
Score™
(%)
ALTAR
vs JKE
(%)
MGK Vanguard Mega Cap 300 Growth 58.5 7 18 5.0 +1.0
IWY iShares Russell Top 200 Growth 54.6 20 5 5.0 +1.0
VUG Vanguard Growth ETF 53.4 4 21 4.9 +0.9
SCHG Schwab U.S. Large-Cap Growth 50.9 4 21 4.9 +0.9
TMFC Motley Fool 100 Index 50.0 50 -25 4.3 +0.3
IWF iShares Russell 1000 Growth 47.0 19 6 5.0 +1.0
NULG NuShares ESG Large-Cap Growth 46.9 35 -10 4.1 +0.1
VONG Vanguard Russell 1000 Growth 46.8 12 13 5.1 +1.1
SPYG SPDR Portfolio S&P 500 Growth 46.3 4 21 5.0 +1.0
IVW iShares S&P 500 Growth 46.3 18 7 4.9 +0.9
VOOG Vanguard S&P 500 Growth 46.1 15 10 4.9 +0.9
QYLD Global X NASDAQ 100 Covered Call ETF 46.0 60 -35 4.8 +0.8
QQQ Invesco QQQ 45.7 20 5 5.2 +1.2
IGM iShares S&P N. American Technology 44.2 46 -21 4.6 +0.6
PWB Invesco Dynamic Large Cap Growth 44.1 55 -30 4.2 +0.2
IUSG iShares Core U.S. Growth 43.4 4 21 5.0 +1.0
IETC iShares Evolved U.S. Technology 42.9 18 7 4.8 +0.8
LRGE ClearBridge Large Cap Growth ESG 39.4 60 -35 4.2 +0.2
XOUT GraniteShares XOUT US Large Cap 38.1 60 -35 5.1 +1.1
OQAL Invesco Russell 1000 Quality Factor ETF 37.0 19 6 5.3 +1.3

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Morningstar Large Cap Growth
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 22.6 %
Divided by: Fwd. P/BV 5.3 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 4.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.39 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.