ZACKSยท2025-09-02 11:21Core Insights - The iShares S&P 100 ETF (OEF) is a passively managed fund launched on October 23, 2000, with assets exceeding $22.02 billion, targeting the Large Cap Blend segment of the US equity market [1] Group 1: Fund Characteristics - OEF is designed to provide broad exposure to large-cap companies, typically with market capitalizations above $10 billion, offering stability and reliable cash flows compared to mid and small-cap companies [2] - The ETF has annual operating expenses of 0.2% and a 12-month trailing dividend yield of 0.88%, making it competitive within its peer group [3] Group 2: Sector Exposure and Holdings - The ETF has a significant allocation of approximately 40.1% to the Information Technology sector, with Telecom and Financials following as the next largest sectors [4] - Nvidia Corp (NVDA) is the largest holding at about 11.42% of total assets, with Microsoft Corp (MSFT) and Apple Inc (AAPL) also among the top three holdings; the top 10 holdings represent about 53.53% of total assets [5] Group 3: Performance Metrics - OEF aims to match the performance of the S&P 100 Index, which includes blue-chip stocks and represents about 45% of the market capitalization of listed U.S. equities [6] - The ETF has returned approximately 11.1% year-to-date and 18.9% over the past year, with a trading range between $240.38 and $322.43 in the last 52 weeks; it has a beta of 1.01 and a standard deviation of 17.43% over the trailing three years, indicating medium risk [7] Group 4: Alternatives and Market Position - OEF holds a Zacks ETF Rank of 2 (Buy), indicating strong expected returns and favorable expense ratios, making it a solid choice for investors interested in the Large Cap Blend segment [8] - Other comparable ETFs include the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO), with assets of $661.34 billion and $725.27 billion respectively, both having an expense ratio of 0.03% [9] Group 5: Investment Appeal - Passively managed ETFs like OEF are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10]