iShares S&P 100 ETF

OEF

Market cap $22B

OEF surges to a 52-week high, gaining 33.6% off its low as large-cap stocks ride market highs and rate-cut hopes.

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the iShares S&P 100 ETF (OEF) is a passively managed exchange traded fund launched on 10/23/2000.

OEF offers a simple, effective strategy by focusing on the largest 100 S&P 500 companies, leading to strong historical outperformance versus SPY. The ETF's heavy technology sector weighting and concentration in top performers drive returns, though they introduce some concentration risk. Despite a higher expense ratio than IVV, OEF's focus on winners and automatic removal of laggards make it a compelling choice for long-term investors.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the iShares S&P 100 ETF (OEF), a passively managed exchange traded fund launched on 10/23/2000.

The iShares S&P 100 Index Fund ETF (OEF) has outperformed the SPY but primarily due to a few top-performing stocks, not broad strategy. Risk-adjusted returns and backtesting show OEF's outperformance, but the excess returns lack statistical significance, driven by a concentrated few. Forward simulations indicate OEF underperforms the SPY, suggesting the outperformance is not sustainable under different market conditions.

The BlackRock Target Allocation team further embraced active ETFs at the end of February. The team runs model portfolios for advisors worth we believe approximately $150 billion.

The iShares S&P 100 ETF (OEF) was launched on 10/23/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.

Fourth-quarter earnings of the Mag 7 companies are expected to be up 20.9% from the same period last year on 12.2% higher revenues.

TMT stocks, especially the Mag 7, led 2024 gains, with NVIDIA, Meta, and Tesla outperforming significantly, contributing to OEF's 31% total return. Despite high valuation and concentrated allocation, OEF's technicals remain positive, with support around $275 and a bullish long-term trend. OEF's P/E ratio has risen to 23.5, and the PEG ratio is now 2.2, indicating a more expensive valuation despite solid growth prospects.

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the iShares S&P 100 ETF (OEF) is a passively managed exchange traded fund launched on 10/23/2000.