Should iShares S&P 500 Growth ETF (IVW) Be on Your Investing Radar?
From Nasdaq: 2024-05-28 06:20:06
The iShares S&P 500 Growth ETF (IVW) offers exposure to the Large Cap Growth segment of the US equity market. Sponsored by Blackrock, it has over $45.92 billion in assets. Large cap companies have market capitalization above $10 billion and are less volatile, making growth stocks a more stable option. The ETF has a low expense ratio of 0.18%.
IVW has a heavy sector allocation to Information Technology at 48.90%. Top holdings include Microsoft Corp, Apple Inc, and Nvidia Corp. With a performance of about 16.74% year to date and 32.12% in the last year, IVW seeks to match the S&P 500 Growth Index. It has a medium risk profile, with 231 holdings for diversification.
Investors seeking Large Cap Growth exposure can also consider Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ). IVW holds a Zacks ETF Rank of 2 (Buy). Passively managed ETFs like IVW offer low costs, transparency, and flexibility, making them suitable for long-term investors. For more information on ETFs, visit Zacks ETF Center.
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