TMO - iShares Core S&P US Growth ETF's Long-Term Growth Outlook Remains Intact But Its Valuation Is Expensive
ETF Overview
iShares Core S&P US Growth ETF (IUSG) owns a portfolio of large-cap and medium-cap growth stocks in the U.S. The fund has a high exposure to defensive sectors that should continue to perform well in a post-COVID-19 world. Many technology and communication stocks in its portfolio will continue to benefit from the requirement of social distancing and working from home trend. In addition, many healthcare stocks in its portfolio will benefit from demand for medical products and services. IUSG’s shares are currently trading at a premium valuation. Hence, we recommend investors