Equity: Global - Large Cap
With 6 ETFs and over $3.87B in combined AUM, the Equity: Global - Large Cap segment provides exposure to the Global space with a focus on Large Cap securities.
Year-to-date, the best-performing ETF in the segment is the T. Rowe Price Equity Income ETF (TEQI), with a total return of 22.36%. Meanwhile, the most popular ETF is the iShares Global 100 ETF (IOO) with $3.57BB in assets under management.
Investors should take a look at the iShares Global 100 ETF (IOO). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. IOO tracks an index of 100 large-cap multinational stocks selected by the S&P Committee. IOO has an expense ratio of 0.40% and tracks the S&P Global 100 Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global - Large Cap segment is 74 out of 100, with the Applied Finance Valuation Large Cap ETF(VSLU) obtaining the highest rating of 79 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.44% per year, with the Siren Large Cap Blend Index ETF (SPQQ) having the lowest expense ratio, charging investors 0.20% yearly.
Investors should look for funds with tight tracking, such as the iShares Global 100 ETF (IOO), with a 12-month median tracking difference of 0.04%.
ETF.com Tradability Insight
The average tradability score in the Equity: Global - Large Cap segment is 65 out of 100, with the iShares Global 100 ETF(IOO) obtaining the highest rating of 93 out of 100.
The iShares Global 100 ETF (IOO) is the undisputed segment leader when it comes to liquidity. The fund trades 4.45M in daily average volume. Investors should also find ample liquidity in the Inspire Global Hope ETF (BLES), with $558.12K in daily dollar volume.
Use limit orders to trade funds such as the Inspire Global Hope ETF(BLES), due to their double-digit market spreads.
ETF.com Fit Insight
The MSCI ACWI Large Cap Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to IOO. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, TEQI follows a Active strategy and obtains a low Fit score compared with our neutral benchmark.