This Fund aims to replicate the investment performance of an underlying index. This index is composed of large and mid-sized American companies specifically chosen for their strong growth potential, alongside attractive value and quality attributes.

Microsoft Corporation

Apple Inc.

Visa Inc.

Meta Platforms, Inc.

NVIDIA Corporation

Micron Technology, Inc.

KLA Corporation

Lam Research Corporation

Caterpillar Inc.

Palantir Technologies Inc.

Information Technology

Consumer Discretionary

Communication

Industrials

Financials

Health Care

Materials

Utilities

Energy

Real Estate

iShares MSCI USA Quality GARP ETF

GARP focuses on large- and mid-cap US growth stocks that exhibit value and quality traits, or growth at a reasonable price. The selection process begins with the MSCI USA Index, where each stock is assigned a growth score based on five criteria: long-term and short-term forward EPS growth rates, historical EPS and sales per share growth trends, and current internal growth rate. Stocks with higher growth scores are selected until they represent approximately 50% of the parent index. Each stock receives a tilt score, which considers value (P/B, forward P/E, and EV/CFO) and quality (ROE, D/E, and earnings variability) metrics relative to its sector. The portfolio is then tilted toward securities that score favorably on both metrics, with weights adjusted for portfolio diversification. Index rebalancing is done quarterly. Before June 3, 2024, the fund was named iShares Factors US Growth Style ETF under the ticker STLG and tracked the Russell US Large Cap Factors Growth Style Index.

GARP Holdings & Sector Breakdown