LRGF - LRGF: A Promising Multifactor Strategy Worth Shortlisting

2024-07-22 02:18:13 ET

Summary

• LRGF is a passively managed multifactor ETF that tracks the STOXX U.S. Equity Factor Index.
• LRGF's returns since the index change in June 2022 have been outstanding, as it has outmaneuvered a few peers and the S&P 500 ETF.
• LRGF's factor mix is notable for a minor value tilt, which is assisted by slightly weaker growth exposure compared to IVV. Its quality is mostly solid.
• However, as the ETF has yet a lot to prove, a Hold rating looks reasonable.

Expanding the universe of multifactor ETFs I cover, today I would like to offer a deep delve into the strategy and portfolio of the iShares U.S. Equity Factor ETF ( LRGF ). After researching its performance and factor credentials using my regular ETF analysis techniques, in part based on the Seeking Alpha Quant data, I would like to conclude that this is a solid candidate for shortlisting....

For further details see: