iShares S&P 100 ETF (OEF) offers large-cap exposure with 18.31% return this year.

From Nasdaq: 2024-06-17 06:20:06

The iShares S&P 100 ETF (OEF) is a large-cap blend ETF with over $12.80 billion in assets, tracking the S&P 100 Index. Its top holdings include Microsoft Corp, Apple Inc, and Nvidia Corp, with a 1.06% dividend yield and an expense ratio of 0.20%. The ETF has returned 18.31% this year and 30.26% in the last year.

Large-cap companies offer stability with market capitalization over $10 billion. OEF has a sector allocation of 33.30% in Information Technology, followed by Telecom and Financials. With a beta of 0.99 and 105 holdings, it provides medium risk exposure to the US equity market as part of the S&P 500.

Investors looking for large-cap exposure can also consider alternatives like the Vanguard S&P 500 ETF (VOO) and the SPDR S&P 500 ETF (SPY), which track a similar index. With low costs, transparency, and tax efficiency, passively managed ETFs like OEF are popular choices for long-term investors seeking broad market exposure.



Read more at Nasdaq: Should iShares S&P 100 ETF (OEF) Be on Your Investing Radar?