Wow, iShares OEF ETF Holds 11% in One Single Stock

For investors building wealth in tax-advantaged accounts, OEF offers a simple way to capture mega-cap performance without picking individual stocks. The low 4% turnover rate also makes it tax-efficient in taxable accounts. It's less appropriate as a sole equity holding due to sector concentration, but it pairs well with small-cap or international funds to balance exposure. When you own the 100 largest companies in America, you're betting on a simple idea: big gets bigger. The iShares S&P 100 ETF (NYSEARCA:O ...