ILCG: Growth ETF Lagging Competitors

May 22, 2024 5:47 PM ETiShares Morningstar Growth ETF (ILCG), , , , ,

Summary

  • iShares Morningstar Growth ETF holds over 300 stocks with historical and forecasted growth characteristics.
  • Like many growth funds, the ILCG ETF is overweight in technology and in a few mega-cap companies.
  • ILCG has outperformed the S&P 500 since its inception in 2004 and shows attractive quality metrics.
  • However, its performance has been underwhelming relative to several growth ETFs over the last 14 years.
  • Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here »

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Nastassia Samal

ILCG strategy

iShares Morningstar Growth ETF (NYSEARCA:ILCG) started investing operations on 06/28/2004 and tracks the Morningstar U.S. Large-Mid Cap Broad Growth Index. It has 392 holdings, a 30-day SEC yield of 0.54%, and a cheap expense ratio of 0.04%.

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This article was written by

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Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010.

Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMZN, GOOGL, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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About ILCG ETF

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