We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. IShares U.S. Equity Factor ETF LRGF remains a conservative multifactor strategy whose comprehensive constraints water down its factor exposure. The fund is cheap and has sensible components, but its modest and uneven factor tilts dull its edge. The following text is from April 19, 2023.
iShares U.S. Equity Factor ETF LRGF
Morningstar’s Analysis LRGF
Will LRGF outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 6.78 | 137.7 Mil | Technology |
Apple Inc | 6.55 | 132.9 Mil | Technology |
NVIDIA Corp | 6.25 | 126.8 Mil | Technology |
Amazon.com Inc | 2.95 | 60.0 Mil | Consumer Cyclical |
Broadcom Inc | 2.32 | 47.2 Mil | Technology |
Alphabet Inc Class C | 2.08 | 42.2 Mil | Communication Services |
Meta Platforms Inc Class A | 2.06 | 41.8 Mil | Communication Services |
JPMorgan Chase & Co | 1.55 | 31.4 Mil | Financial Services |
Procter & Gamble Co | 1.35 | 27.4 Mil | Consumer Defensive |
Eli Lilly and Co | 1.33 | 27.0 Mil | Healthcare |