Key Highlights

  • The fund tracks 302 U.S. stocks selected across five factors: value, quality, momentum, low Volatility and size.
  • Apple, NVIDIA and Microsoft are the largest positions by market value.
  • Net asset value stands at $76.81, after a one-day gain of $1.84, or 2.46%.
  • The expense ratio is 0.08%, and distributions are paid quarterly.

Multifactor investing has drawn interest from investors seeking a diversified core Equity holding built on systematic rules, and the iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) follows that model. Figures in this article are current to November 9, 2026. The fund seeks to track an index of U.S. stocks chosen using value, quality, momentum, low volatility and size characteristics, with the goal of building a broadly diversified core U.S. equity portfolio. Shares trade on NYSE Arca, and the fund has been listed since April 2015.

Fund Fact

Detail

Exchange and ticker

NYSE Arca: LRGF

Fund inception

April 28, 2015

Net assets

$3.65 billion

Net asset value

$76.81

Daily NAV change

+$1.84 (+2.46%)

Expense ratio

0.08%

30-day SEC yield

0.91%

Distribution frequency

Quarterly

Number of holdings

302

How the Five Factors Shape the Portfolio

The index applies five factor screens, and the resulting holdings span large-cap technology, consumer and financial names. Apple accounts for about 7.3% of market value, NVIDIA 6.1% and Microsoft 5.7%. Amazon, Alphabet and Broadcom round out the leading positions.

Because factors are weighted systematically, the portfolio can differ meaningfully from a traditional market-capitalization index. Factor exposures shift as companies enter and leave the index over time.

Sector Mix and Portfolio Characteristics

Information technology is the largest sector, followed by communication services, consumer discretionary and financials. Holding 302 positions spreads exposure across hundreds of companies rather than a short list of names.

The three-year Standard Deviation of 12.65% and an equity Beta of 1.01 suggest a portfolio that moves closely with broad market conditions. The fund’s 47.55 million shares outstanding support regular trading activity.

Costs, Distributions and Risks

The expense ratio is 0.08%, comprising a management fee of the same amount. Quarterly distributions have been modest, with the most recent payment in September 2026 at about $0.20 per share. The 30-day SEC Yield stands at 0.91%.

Factor strategies can underperform broad markets for extended periods, and the index does not adjust its factor targets in response to changing conditions. The fund’s Average Daily Volume of about 200,000 shares and median bid-ask spread of 0.03% describe efficient trading.

Final Word

The iShares U.S. Equity Factor ETF offers a systematic route to a diversified U.S. core holding, combining five factor tilts within a single product. Its low expense ratio and broad holdings define a practical structure for investors who prefer rules-based construction. Its fit within any portfolio rests on individual goals and the role the fund is expected to play.