ETF Evaluator:
iShares U.S. Equity Factor ETF (LRGF)
Follow This ETF
(as of Jul 31)
Best Performing in Large Blend Over the Last Year
| 82.8% | ARS Focused Opportunities Strategy ETF (AFOS) |
| 75.3% | Mohr Company Nav ETF (CNAV) |
| 44.9% | Invesco S&P 500® Momentum ETF (SPMO) |
| 43.7% | iShares MSCI USA Momentum Factor ETF (MTUM) |
| 41.7% | Inspire 100 ETF (BIBL) |
Risk
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Risk
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ETF Details
iShares U.S. Equity Factor ETF Overview
iShares U.S. Equity Factor ETF (LRGF) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). iShares launched the ETF in 2015.
The investment seeks to track the investment results of the STOXX U.S. Equity Factor Index.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index is composed of large- and mid-capitalization equity securities from the STOXX USA 900 index that are selected and weighted using an optimization process designed to maximize exposure to five target factors: momentum, quality, value, low volatility and size.
About iShares U.S. Equity Factor ETF (LRGF)
There are 4 members of the management team with an average tenure of 3.73 years: Jennifer Hsui (2015), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P US TMI TR USD index with a weighting of 100% and STOXX U.S. Equity Factor TR USD index with a weighting of 100%. iShares U.S. Equity Factor ETF has 297 securities in its portfolio. The top 10 holdings constitute 33.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares U.S. Equity Factor ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. iShares U.S. Equity Factor ETF has 1.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.8% There is 1.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares U.S. Equity Factor ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LRGF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares U.S. Equity Factor ETF expense ratio is low compared to funds in the Large Blend category. iShares U.S. Equity Factor ETF has an expense ratio of 0.08%, which is 81% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares U.S. Equity Factor ETF has a portfolio turnover rate of 20%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 162% for the Large Blend category.
Recently, in the month of June 2026, iShares U.S. Equity Factor ETF returned -0.8%, which earned it a grade of D, as the Large Blend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares U.S. Equity Factor ETF has a trailing yield of 1.08%, which is below the 1.12% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares U.S. Equity Factor ETF Grades
Year to date, the ETF has returned 9.5%, 0.8 percentage points worse than the category, which translates into a grade of C. The fund has returned 19.4% over the past year (grade of D), 20.8% over the past three years (grade of B) and 13.6% per year over the past five years (grade of A) and 14.0% per year over the past 10 years (grade of D).
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LRGF Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LRGF Return (NAV) | -0.8% | 14.9% | 19.4% | 20.8% | 13.6% | 14.0% |
| LRGF Return (Price) | -0.8% | 14.9% | 19.3% | 20.8% | 13.6% | 14.0% |
| NAV +/- Price Return | 0.012% | -0.002% | 0.048% | -0.015% | 0.004% | -0.003% |
| Large Blend Avg | -0.0% | 14.5% | 20.9% | 18.8% | 11.8% | 14.1% |
| LRGF Grade (NAV) | D | C | D | B | A | D |
| +/- Category (NAV) | -0.8% | 0.4% | -1.5% | 2.0% | 1.9% | -0.1% |
| LRGF Tax-Cost Ratio | na | na | 0.4% | 0.3% | 0.4% | 0.5% |
LRGF Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LRGF Return (NAV) | 9.5% | 16.5% | 26.7% | 25.8% | -14.8% | 24.9% | 11.3% | 26.2% | -9.8% | 21.3% | 13.4% |
| LRGF Return (Price) | 9.5% | 16.5% | 26.6% | 25.9% | -14.8% | 25.0% | 11.1% | 26.1% | -9.6% | 21.1% | 13.0% |
| NAV +/- Price Ret | -0.006% | 0.001% | -0.004% | 0.003% | -0.001% | 0.006% | -0.013% | -0.4% | -1.6% | -0.6% | -3.2% |
| Large Blend Avg | 10.3% | 15.4% | 21.8% | 22.9% | -17.1% | 26.9% | 18.6% | 29.7% | -5.0% | 21.6% | 11.2% |
| LRGF Grade (NAV) | C | C | A | C | B | D | F | F | F | C | B |
| +/- Category | -0.8% | 1.1% | 4.9% | 2.9% | 2.3% | -2.1% | -7.4% | -3.5% | -4.8% | -0.4% | 2.2% |
| Risk Measures | |
| Beta: | 1.00 |
| R-Squared: | 98% |
| Standard Deviation: | 13.2% |
| Category Risk Index: | 0.99 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.08 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.1% |
| Total Assets: | $ 3,510 Mil |
| Share Class Assets: | $ 3,510 Mil |
| Turnover: | 20.0% |
| Expense Ratio: | 0.08% |
| Index Fund: | Yes |
| Index Tracked: | S&P US TMI TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 11.2 years | |||
| Average Tenure: 3.7 years | |||
| Managers (Year): Hsui Jennifer (2015), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 297 |
| % in Top 10 Holdings: | 33.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.1% |
Portfolio Allocation |
|
| Domestic Stock: | 98.8% |
| Foreign Stock: | 1.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | April 28, 2015 |
Expenses and Fees
| Expense Ratio (%): | 0.08% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
