Key Highlights

  • The fund selects U.S. stocks using five factors: value, quality, momentum, low Volatility and size.
  • The portfolio includes 302 holdings, led by Apple, Nvidia and Microsoft.
  • The expense ratio is 0.08 percent, with quarterly distributions.
  • Net Assets were about $3.7 billion on November 11, 2026.

The iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) closed at $77.50 on November 11, 2026, with net assets of about $3.7 billion. The fund seeks to track an index of U.S. stocks selected using value, quality, momentum, low volatility and size factors. Its approach represents a rules-based method of building a diversified core equity portfolio rather than selecting companies on a discretionary basis.

Ticker and exchange

LRGF, NYSE Arca

Benchmark index

STOXX U.S. Equity Factor Index

Net asset value

$77.51 (Nov 11, 2026)

Daily NAV change

Up $0.98 (1.28%)

Net assets

$3,708,656,961

Number of holdings

302

Expense ratio

0.08%

30-day SEC yield

0.92%

Distribution frequency

Quarterly

Fund inception

April 28, 2015

How the Factor Approach Works

Factor investing groups stocks by characteristics that have been associated with returns over long periods. The index used by LRGF screens for value, quality, momentum, low volatility and size, then combines those signals to determine which companies enter the portfolio and how much weight each receives.

Because the strategy is rules-based, the fund's holdings change according to index Rebalancing rather than manager judgment. The index documentation notes that factor exposures can underperform in some market environments for extended periods, a point that applies to any fund built on this method.

Holdings and Weighting

Apple represents about 7.28 percent of market value, followed by Nvidia at 5.82 percent and Microsoft at 5.55 percent. Amazon accounts for roughly 3.45 percent and Alphabet Class C for about 3.35 percent. Broadcom, Meta Platforms, JPMorgan Chase, Eli Lilly and Visa also appear among the largest positions.

The portfolio holds 302 companies, which gives broader coverage than a concentrated factor fund. Large technology companies nevertheless carry significant weight, reflecting their size within the U.S. market.

Trading and Distribution Details

About 207,629 shares traded on November 11, 2026, compared with a 30-day Average Daily Volume of roughly 200,741 shares. The 30-day median bid-ask spread was 0.03 percent, and the fund had 47.85 million shares outstanding.

The fund distributes income quarterly, and the September 2026 payment totaled $0.202969 per share. The 30-day SEC Yield was 0.92 percent and the 12-month trailing yield was 1.07 percent, both calculated at the end of October 2026.

Final Word

LRGF provides a multifactor approach to U.S. equities, drawing on value, quality, momentum, low volatility and size characteristics within a 302-company portfolio. Its 0.08 percent expense ratio and quarterly distribution schedule set the cost and income framework. The fund's results will depend on how these factor signals perform across changing market conditions.