IWB News and Press, iShares Russell 1000 From 03/08/23

2023-03-08 05:25:17 ET Summary PRF selects 1,000 large-cap U.S. companies based on four factors: dividends, free cash flow, sales, and book value. Fees are 0.39% and the ETF has $6 billion in assets. The portfolio is solid and well-diversified. However, there are cheaper alternati...

Summary FNDX holds 700+ U.S. large-cap stocks weighted by leverage-adjusted sales, retained operating cash flow, and shareholder yield. Its expense ratio is 0.25% and the ETF has $10 billion in assets. I prefer forward-looking metrics, but FNDX trades at 17.79x forward earnings and is w...

Summary QDF is a large-cap dividend ETF with a 2.31% dividend yield, 0.37% expense ratio, and $1.56 billion in assets under management. Delivering a sustainable yield is the primary investment objective. However, most peers deliver the same thing for less cost and risk. QDF was a poor p...

Summary The forward 12-month EPS is a time-weighted average between FY1 (2023) and FY2 (2024). During the height of the pandemic, we saw aggressive downgrades in EPS estimates during March-June 2020 as shown in the 2020, 2021 , and 2022 worm. Both the Russell 1000 and Russell 1000 G...

Summary After seeing the total market cap for the Russell 1,000 fall by $10.9 trillion in 2022, we’ve seen a rebound of $2.9 trillion in market cap so far in 2023. Consumer Discretionary’s market cap has risen by $701 billion, followed by Communication Services at $516.9 b...

Summary Vanguard Russell 1000 Value ETF tracks the Russell 1000 Value Index. The top 3 sectors are financials, healthcare and industrials. VONV has outperformed the Russell 1000 recently, but is behind other value ETFs. Moreover, the underlying index performance since 2000 is un...

Summary The Federal Reserve appears to be losing control of the market. Financial conditions have eased dramatically since the December FOMC meeting. The Fed needs to push back against the market before it is too late. It appears that the Federal Reserve is losing control ...

The growth outlook in China has improved decisively, according to the Goldman Sachs equity strategy team. "The sudden reversal of China’s long-standing zero covid policy means the country is reopening more swiftly than expected," strategist David Kostin wrote in a note. "Our China econ...

Summary Trading activity on the Tradeweb European ETF marketplace reached EUR 47.8 billion in December, while the proportion of transactions processed via Tradeweb’s Automated Intelligent Execution (AiEX) tool was 80%. Total consolidated U.S. ETF notional value traded in December...

Summary US Large Cap stocks are still in a short-term downtrend but the long-term uptrend is intact. International Large Cap stocks are in a short-term uptrend versus US Large Cap. The trend has been driven by the falling dollar. US Large Cap value is in a short-term uptrend versus ...