iShares Morningstar Growth ETF (ILCG)ILCG

ETF iShares Morningstar Growth ETF (ISMD) Overview

Profile:

• Focus: Large and Mid-Cap U.S. Stocks exhibiting strong growth characteristics
• Asset Allocation: Primarily equities, with a focus on Technology (45.04%), Healthcare (19.93%), and Consumer Discretionary (14.38%) sectors.
• Investment Strategy: Aims to track the Morningstar US Growth Index, which selects stocks based on their growth potential, financial health, and valuation.

Objective:

• To provide long-term capital appreciation through investment in high-growth companies.

Issuer:

• Company: iShares by BlackRock
• Reputation & Reliability: iShares is a leading global provider of exchange-traded funds (ETFs) with a strong reputation for reliability and innovation. BlackRock, the parent company, is the world's largest asset manager.
• Management: The ETF is managed by a team of experienced portfolio managers with expertise in fundamental analysis and growth investing.

Market Share:

• 4.8% market share in the Growth-style ETF category.

Total Net Assets:

• $17.85 billion

Moat:

• Unique Strategy: Access to the Morningstar Growth Index, which provides a diversified portfolio of high-growth companies.
• Superior Management: Experienced portfolio management team with a strong track record.
• Niche Market Focus: Growth-focused investing in large and mid-cap U.S. stocks.

Financial Performance:

• Year-to-Date: 3.73%
• 1 Year: 11.78%
• 3 Years (Annualized): 16.67%
• 5 Years (Annualized): 15.34%

Benchmark Comparison:

• Outperforms the Russell 1000 Growth Index and the S&P 500 Growth Index over the past 3 and 5 years.

Growth Trajectory:

• Positive growth trajectory with increasing investor interest in growth-oriented investments.

Liquidity:

• Average Trading Volume: 392,130 shares
• Bid-Ask Spread: 0.04%

Market Dynamics:

• Economic growth, technological advancements, and investor sentiment towards growth stocks influence the ETF's performance.

Competitors:

• iShares Russell 1000 Growth ETF (IWF) - 51.9% market share
• Invesco QQQ Trust (QQQ) - 24.5% market share
• Vanguard Growth ETF (VUG) - 12.7% market share

Expense Ratio:

• 0.25%

Investment Approach & Strategy:

• Strategy: Tracks the Morningstar US Growth Index
• Composition: 79.8% Large-Cap stocks, 20.2% Mid-Cap stocks

Key Points:

• Diversified exposure to high-growth companies
• Strong track record of outperformance
• Experienced management team
• Low expense ratio

Risks:

• Volatility: High volatility due to its focus on growth stocks
• Market Risk: Subject to market fluctuations and potential downturns
• Sector Risk: Concentrated exposure to specific sectors like technology

Who Should Consider Investing:

• Investors seeking long-term capital appreciation through exposure to high-growth companies
• Investors with a high-risk tolerance
• Investors who believe in the future growth potential of the U.S. economy

Fundamental Rating Based on AI

Rating: 8.5 out of 10

Justification:

• Strong financial performance with consistent outperformance of benchmarks
• Experienced and reputable management team
• Diversified portfolio with a focus on high-growth companies
• Competitive expense ratio
• Positive growth trajectory and increasing investor interest

Resources:

• iShares Morningstar Growth ETF website: https://www.ishares.com/us/products/etf/product-detail?銘柄=ISMD
• Morningstar US Growth Index methodology: https://www.morningstar.com/indexes/us/equity/msuslgth

Disclaimer:

This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.