IYY: Diversification Does Not Boost Risk-Adjusted Returns, A Hold

Group 1 - The iShares Dow Jones U.S. ETF (IYY) is considered a more diversified investment vehicle compared to the iShares Core S&P 500 ETF (IVV) [1] Group 2 - Vasily Zyryanov focuses on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations, particularly in the energy sector [2] - The analysis includes various industries such as mining, chemicals, and luxury goods, emphasizing the importance of Free Cash Flow and Return on Capital for deeper insights [2] - Zyryanov acknowledges that some growth stocks may deserve their premium valuations, highlighting the need for thorough analysis to determine the accuracy of market opinions [2]