iShares Factors US Growth Style ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 24.7x P/Sales
ratio		 2.6x
P/BV
ratio		 9.6x Div.
yield		 0.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
STLG tracks an index of US large and midcap growth stocks selected based on a combination of five investment factors.

FUND BASICS
Category US Equities
Fund Sponsor Blackrock Inc.
Website www.ishares.com
Inception date Jan 14, 2020
Assets (mns) $45
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives Yes
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 105
Wgt avg mkt cap (mns) $1,070,730
Large cap (>$10bn) 92.2%
Mid cap ($2-10bn) 7.6%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 10.6 %
APPLE INC 10.0 %
NVIDIA CORP 7.9 %
AMAZON.COM INC 5.0 %
META PLATFORMS INC 3.9 %
ELI LILLY & CO 2.8 %
BROADCOM INC. 2.5 %
FAIR ISAAC CORP 1.9 %
ALPHABET INC. CLASS A 1.7 %
MANHATTAN ASSOCIATES INC 1.7 %
Total 47.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.5 %
BERMUDA 0.0 %









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.
15.9% 45.2% -- -- 19.0%

Market Correlations
versus... Beta R-squared
S&P500 1.12 91%
MSCI EAFE 0.92 58%
MSCI Emg. Mkts. 0.65 30%

Technical Indicators
Recent close $45.17
30d moving avg. $39.09
Annualized volatility 20.7%
Short interest (ETF) 1.7%
Short interest (Underlying) 2.4%
Relative strength (RSI) 83

Liquidity measures
Avg. volume (thou.) 35
Turnover 3.5%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $129,969

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 34 potential alternatives to the iShares Factors US Growth Style ETF ETF based on the alternatives' overlap in portfolio holdings with STLG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: STLG Expense: 25 bp ALTAR Score™: 6.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH STLG
Ticker Fund
Name		 Overlap1
vs STLG
(%)		 Expense
ratio
(bp)		 Savings
vs STLG
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs STLG
(%)
QYLE Global X Nasdaq 100 ESG Covered Call ETF 47.9 60 -35 4.4 -1.9
QYLD Global X NASDAQ 100 Covered Call ETF 46.4 60 -35 4.2 -2.1
QRMI Global X NASDAQ 100 Risk Managed Income ETF 46.2 60 -35 4.2 -2.0
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 46.1 60 -35 4.2 -2.0
QTR Global X NASDAQ 100 Tail Risk ETF 45.5 26 -1 4.6 -1.7
NUSI Nationwide Nasdaq-100 Risk-Managed Income ETF 45.3 68 -43 4.2 -2.1
QCLR Global X NASDAQ 100 Collar 95-110 ETF 45.2 25 0 4.6 -1.7
XYLE Global X S&P 500 ESG Covered Call ETF 40.4 60 -35 4.9 -1.3
EFIV SPDR S&P 500 ESG ETF 40.0 10 15 5.3 -1.0
FTQI First Trust Nasdaq BuyWrite Income ETF 39.6 75 -50 4.0 -2.3
JEPQ J.P. Morgan Nasdaq Equity Premium Income ETF 39.4 35 -10 4.5 -1.8
XYLD Global X S&P 500 Covered Call ETF 38.5 60 -35 4.7 -1.6
XRMI Global X S&P 500 Risk Managed Income ETF 38.2 60 -35 4.7 -1.6
XYLG Global X S&P 500 Covered Call & Growth ETF 38.2 60 -35 4.7 -1.6
PBP Invesco S&P 500 BuyWrite ETF 37.9 49 -24 4.8 -1.5
XTR Global X S&P 500 Tail Risk ETF 37.7 26 -1 5.2 -1.1
XCLR Global X S&P 500 Collar 95-110 ETF 37.4 25 0 5.2 -1.1
MMLG First Trust Multi-Manager Large Growth ETF 37.3 85 -60 2.1 -4.1
SFLR Innovator Equity Managed Floor ETF 36.5 89 -64 4.3 -2.0
FTHI First Trust BuyWrite Income ETF 34.7 75 -50 5.5 -0.8
ACIO Aptus Collared Investment Opportunity ETF 33.0 79 -54 4.3 -2.0
TYLG Global X Information Technology Covered Call & Growth ETF 28.9 60 -35 4.7 -1.5
SIXH ETC 6 Meridian Hedged Equity Index Option ETF 25.0 82 -57 5.6 -0.7
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 23.2 58 -33 2.6 -3.7
THNQ ROBO Global Artificial Intelligence ETF 16.1 68 -43 1.8 -4.5
DJIA Global X Dow 30 Covered Call ETF 14.4 60 -35 5.4 -0.9
DYLG Global X Dow 30 Covered Call & Growth ETF 14.3 60 -35 5.4 -0.9
LCG Sterling Capital Focus Equity ETF 13.3 59 -34 3.4 -2.9
DIVO Amplify CWP Enhanced Dividend Income ETF 11.7 55 -30 5.7 -0.6
CCOR Core Alternative ETF 11.1 107 -82 5.0 -1.3
XVOL Acruence Active Hedge U.S. Equity ETF 8.1 83 -58 6.1 -0.2
HYLG Global X Health Care Covered Call & Growth ETF 6.3 60 -35 6.6 +0.4
KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF 4.4 75 -50 5.6 -0.7
FYLG Global X Financials Covered Call & Growth ETF 0.3 60 -35 5.5 -0.8

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares Factors US Growth Style 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 57.0 %
Divided by: Fwd. P/BV 8.7 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.55
 
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.