2024-03-15 01:53:44 ET
Summary
- We examine how the iShares Russell Top 200 Growth ETF compares relative to the SPDR Portfolio S&P 500 Growth ETF.
- SPYG is more economical and has a better income profile, but IWY appears to have more well-rounded screeners which have made a difference when it comes to risk-adjusted returns.
- IWY's heavy exposure to the overvalued tech space is not ideal, whilst its own valuations don't quite justify the earnings growth on offer.
- Large-cap growth looks overbought relative to large-cap value, and the risk-reward on the standalone weekly chart looks unappealing.
Introduction
As the name suggests, the iShares Russell Top 200 Growth ETF ( IWY ) is a financial product that seeks to exposure coverage towards the largest growth stocks from the Russell 1000 universe....
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For further details see:
IWY Vs. SPYG, And Other Considerations For Prospective Owners