LRGFiShares MSCI USA Multifactor ETF
LRGF Fund Description
LRGF tracks an index of US large- and midcap equities. Stocks are selected and weighted to increase exposure to 4 factors (quality, value, momentum and low size) while maintaining similar characteristics to the MSCI USA index.
LRGF Factset Analytics Insight
LRGF aims to provide a multi-factor take on US equities. The fund pulls from the MSCI USA Index, a cap-weighted collection of large- and midcap US stocks. Eligible securities are given a composite score according to the four style factors—quality, value, momentum, and low size. Quality score is measured by the company’s profitability, earnings variability, investability, and leverage ratios, whereas value is based on book-to-price and earnings yield. Momentum score refers to the performance of the securities as compared to the broader market over a period of time, and low size score measures the market value of a company against other eligible constituents. The fund uses an optimization process to increase exposure to the factors without exceeding the expected risk of the MSCI USA Index. LRGF’s constrained multifactor exposure suggests use as a core US equity allocation rather than a tactical play. The index rebalances on a semi-annual basis.
LRGF MSCI ESG Analytics Insight
iShares MSCI USA Multifactor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.96 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares MSCI USA Multifactor ETF ranks in the 85th percentile within its peer group and in the 96th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
LRGF MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
LRGF Summary Data
LRGF Portfolio Data
LRGF Index Data
LRGF Portfolio Management
LRGF Tax Exposures
LRGF Fund Structure
LRGF Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LRGF. LRGF is rated a 5 out of 5.
LRGF Sector/Industry Breakdown
LRGF Economic Development
LRGF Performance Statistics
LRGF MSCI ESG Ratings
LRGF Benchmark Comparison Summary
LRGF Benchmark Comparison Market Cap Size