5 min readBy Ron Koren ETF Insider
WCLD VS ARKK
Compare the WCLD and ARKK ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
The iShares Morningstar US Large-Mid Cap Growth ETF (ILCG) is managed by BlackRock Fund Advisors (BFA) and aims to replicate the performance of the Morningstar® US Large-Mid Cap Broad Growth IndexSM. This index measures the performance of U.S. stocks issued by large-mid capitalization companies that exhibit above-average growth characteristics as determined by Morningstar, Inc. The fund employs an indexing approach, investing in a representative sample of securities that closely mirror the characteristics of the underlying index. As of April 30, 2023, a significant portion of the underlying index consists of technology sector securities. The ILCG ETF seeks to provide investors with exposure to the growth-oriented segment of the U.S. stock market while maintaining low costs and efficient tracking of its benchmark.
The iShares Morningstar U.S. Large-Mid Cap Growth ETF (ILCG) primarily seeks to mirror the performance of the Morningstar® US Large-Mid Cap Broad Growth IndexSM, which comprises U.S. stocks from large-mid capitalization companies exhibiting above-average growth characteristics. While this ETF prioritizes capital appreciation, its dividend distribution is influenced by the constituent companies' individual dividend policies and performances. Typically, dividend distributions occur quarterly, with the ETF emphasizing growth-oriented companies, making it appealing to investors seeking both capital appreciation and some dividend returns. Please note that ILCG's investment approach is indexed, aiming to align with the underlying index's performance and minimize the risks associated with active management.
The ILCG ETF seeks to replicate the performance of the Morningstar® US Large-Mid Cap Broad Growth IndexSM, a benchmark that assesses the performance of U.S. stocks issued by large-mid capitalization companies displaying above-average growth characteristics, as determined by Morningstar, Inc. These large-mid capitalization stocks typically represent the top 90% of market capitalization in the Morningstar® US Market Extended IndexSM. The ETF focuses on stocks categorized as growth due to their historical and projected earnings, sales, book value, and cash flow growth. As of April 30, 2023, the index has a significant representation from the technology sector. ILCG aims to mirror the index's performance by primarily investing in component securities or similar instruments, while maintaining low portfolio turnover, and it does not seek to outperform the index actively. This strategy seeks to minimize costs and improve after-tax returns for investors. The ETF may also engage in securities lending and follow an industry concentration policy similar to that of its underlying index.
The correlation aspect of the iShares Morningstar U.S. Growth ETF (ILCG) is vital for understanding its performance in relation to the Morningstar® US Large-Mid Cap Broad Growth IndexSM, which measures the performance of U.S. stocks issued by large-mid capitalization companies with above-average growth characteristics. Given its tracking of a growth-focused index, ILCG tends to have a strong positive correlation with growth-oriented U.S. stocks. Investors often use ILCG's correlation to assess its suitability for growth-oriented investment strategies or as a benchmark for analyzing growth stock performance. For a more in-depth analysis of ILCG's correlations and its overlap with various market sectors, ETF Insider offers a user-friendly web app, providing valuable insights into investment decisions.
The ILCG (Morningstar® US Large-Mid Cap Broad Growth IndexSM) Sector primarily focuses on large-mid capitalization companies in the United States that exhibit above-average growth characteristics, as determined by Morningstar, Inc. These companies typically have higher historical and forecasted earnings, sales, book value, and cash flow growth. As of April 30, 2023, a significant portion of the index is represented by securities in the technology industry or sector. The ILCG Sector seeks to provide investors with exposure to growth-oriented stocks, aiming to track the performance of the underlying index while managing risk through a representative sampling indexing strategy.
The exposure characteristic of the iShares Morningstar Growth ETF (ILCG) is centered around U.S. large-mid capitalization companies exhibiting strong growth characteristics. Tracking the Morningstar® US Large-Mid Cap Broad Growth IndexSM, this ETF provides investors access to a diverse portfolio of stocks with above-average historical and forecasted earnings, sales, book value, and cash flow growth. As of the last available data in April 2023, a significant portion of the Underlying Index is represented by securities in the technology sector, reflecting its growth-oriented focus. For detailed insights into ILCG''s exposure, including overlap and correlations with other ETFs, you can utilize the ETF Insider web app, which offers comprehensive data visualization tools for a deeper understanding of U.S. ETFs.
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5 min readCompare the WCLD and ARKK ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
4 min readThe ILCG ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
5 min readThe FGD ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
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