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Wednesday, August 19, 2026The Morning Brief →Sign in
GARPISHARES FACTORS US GROWTH STYLE ETFINDEX

ISHARES FACTORS US GROWTH STYLE ETF

$83.01-0.13% today
618552-WK
Price & daily flows
80.073.066.183.01DAILY NET FLOWAug 19Dec 16Apr 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET +$2.3B OVER THIS RANGE

The desk’s read

Money keeps arriving — +$303M of net buying over the past month, about 10.2% of the fund's asset base, while the price has returned +21.1% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$3Bassets under management
expense ratio
+$303Mnet flow, trailing month
355Kavg daily volume, 30 days
0holdings · US-domiciled
2024listed August 30, 2024 · beta 1.46
The book at a glance
MSFT+0.5%MU-0.9%AAPL+1.8%NVDA-0.0%KLAC-3.6%V+1.0%LLY+4.2%AVGO-3.9%ADBE+4.2%META+1.3%NFLX+3.5%FTNT-3.4%GOOGL+0.1%LRCX-6.1%PLTR+2.2%GE-4.9%MA+0.3%AMD-3.7%AMZN+2.0%MELI+7.1%ABNB+1.9%ANET-2.4%RCL+0.5%APH-2.0%PWR-3.7%PSX-0.4%ORCL+0.6%GOOG-0.1%UBERADSKDASHCDNSDELL

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1MSFTMICROSOFT5.17%$484.39+0.5%
2MUMICRON TECHNOLOGY5.22%$932.74-0.9%
3AAPLAPPLE4.60%$315.75+1.8%
4NVDANVIDIA4.59%$219.71-0.0%
5KLACKLA4.32%$187.76-3.6%
6VVISA3.82%$367.93+1.0%
7LLYELI LILLY3.61%$1277.74+4.2%
8AVGOBROADCOM4.04%$364.88-3.9%
9ADBEADOBE3.29%$274.24+4.2%
10METAMETA3.31%$550.52+1.3%
11NFLXNETFLIX2.97%$80.46+3.5%
12FTNTFORTINET3.14%$153.04-3.4%
13GOOGLALPHABET2.71%$344.57+0.1%
14LRCXLAM RESEARCH2.95%$307.90-6.1%
15PLTRPALANTIR2.58%$175.42+2.2%

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Sector weights
Information Technology53.58%
Communication10.4%
Consumer Discretionary9.62%
Industrials8.21%
Financials7.78%
Health Care5.25%
Energy3.03%
Materials1.15%
Utilities0.9%
Cash and/or Derivatives0.12%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.2%
1 month+5.0%
3 months+8.9%
6 months+23.1%
YTD+21.1%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$107M
1 month+$303M
3 months+$674M
YTD+$1.6B
1 year+$1.9B

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
20%realized volatility, 30 days (annualized)
20%realized volatility, 1 year
-13.7%deepest fall from a peak, 1 year
-2.5%where it sits vs. that peak today

The top holding is 5.2% of the book; the top ten carry 42%. Spread across 134+ names, it behaves like roughly 38 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against GARP

Due diligence cuts both ways. These funds sit on the same shelf and beat GARP on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ESMV iShares ESG MSCI USA Min Vol Factor ETF0.18%$7904.06T−$41K2659609× the assetsHead-to-head
SPY SPDR S&P 500 ETF Trust0.09%$818.3B+$2.8B275× the assets · +$2.8B in over the monthHead-to-head
QQQ Invesco QQQ Trust0.20%$498.5B+$9.6B168× the assets · +$9.6B in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B54× the assets · +$1.9B in over the monthHead-to-head
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M33× the assets · +$245M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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