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The iShares Russell 1000 Growth ETF is on a roll 🚀 Up 34.1% in the last year. Not bad. It outperforms the overall market, so they must be doing something right.
They bet on large and medium-sized companies with growth potential. And it seems to be working for them. Over 10 years, they have achieved an annual return of 15.3%. Better than the S&P 500, which is no small feat.
They have 441 stocks in their portfolio. Microsoft, Apple, Nvidia, Amazon... the big players as always 🔥 Curiously, 7 of their top 10 look good according to TipRanks.
It is a large fund, $91.5 billion. It lacks liquidity. They charge 0.19%, which is not bad considering how they perform.
The dividend is weak, at 0.6%. But they have been paying it for 22 consecutive years. They have consistency.
Wall Street sees it positively. They say it could rise another 11.6% 🌕 Who knows.
In short, if you are looking for growth stocks in the US, the IWF doesn't look bad. It has worked so far. We'll see if it continues like this.