Should Strive 500 ETF (STRV) Be on Your Investing Radar?
From Nasdaq: 2024-05-15 06:20:05
The Strive 500 ETF (STRV) is a large cap blend ETF launched in 2022 with assets over $522.97 million, tracking the SOLACTIVE GBS UNITED STATES 500 INDEX. It has an expense ratio of 0.05% and a 1.14% dividend yield. With a heavy allocation to Information Technology, top holdings include Microsoft, Apple, and Nvidia.
Large cap companies offer stability with predictable cash flows, making them less volatile than mid and small cap companies. Blend ETFs combine growth and value stocks, providing a balanced approach. Cost is a crucial factor, and STRV’s expense ratio of 0.05% is relatively low, contributing to its performance.
The Strive 500 ETF (STRV) has returned approximately 10.27% year-to-date and 29.45% in the last year, tracking the SOLACTIVE GBS UNITED STATES 500 INDEX. With an expense ratio of 0.05%, it is a cost-effective option for investors seeking exposure to large cap blend equities. Top alternatives include IVV and SPY ETFs.
Passively managed ETFs like STRV offer low costs, transparency, and tax efficiency, making them popular among investors. With a Zacks ETF Rank of 3 (Hold), STRV is a suitable choice for exposure to the large cap blend market segment. Consider researching other ETF options for a diversified investment portfolio.
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