Is iShares U.S. Equity Factor ETF (LRGF) a Strong ETF Right Now?
From Nasdaq: 2024-05-22 06:20:06
The iShares U.S. Equity Factor ETF (LRGF) is a smart beta ETF launched in 2015, offering exposure to the All Cap Value category. Smart beta ETFs track non-cap weighted strategies based on fundamental characteristics for better risk-return performance. LRGF, managed by Blackrock, seeks to match the MSCI USA Diversified Multiple-Factor Index.
With assets over $1.98 billion, LRGF has expense ratios of 0.08% and a 1.30% dividend yield. It has heavy exposure to Information Technology, with top holdings in Microsoft Corp, Apple Inc, and Nvidia Corp. The ETF has gained 13.65% this year and operates with a medium risk profile.
Investors seeking alternatives can consider ETFs like Dimensional U.S. Targeted Value (DFAT) and iShares Core S&P U.S. Value (IUSV) in the market. For those looking for cheaper options, traditional market cap weighted ETFs are recommended. To learn more about ETFs, visit Zacks ETF Center for analysis and top-performing ETFs.
Zacks Investment Research provides comprehensive information and analysis on ETFs, including LRGF. Investors can subscribe to Zacks’ free Fund Newsletter for weekly updates on ETF news and performance. For the latest stock recommendations, Zacks offers a download of the 7 Best Stocks for the Next 30 Days. For more information, visit Zacks.com for detailed reports and analysis on various ETFs.
Read more at Nasdaq: Is iShares U.S. Equity Factor ETF (LRGF) a Strong ETF Right Now?