MLRG
iShares MSCI USA ETF
ILCB tracks a market-cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
3 bp
EXPENSES
Fund Basics
| Inception date | Jun 28, 2004 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 7.9 % |
| APPLE INC | 7.4 % |
| MICROSOFT CORP | 5.6 % |
| AMAZON.COM INC | 3.8 % |
| ALPHABET INC. CLASS A | 3.1 % |
| BROADCOM INC. | 2.4 % |
| ALPHABET INC. CLASS C | 2.4 % |
| META PLATFORMS INC | 2.4 % |
| MICRON TECHNOLOGY INC | 1.7 % |
| TESLA MOTORS INC | 1.6 % |
Constituent Breakdown
| Number of holdings | 535 |
| Herfindahl-Hirschman Index | 219 |
| Wgt avg mkt cap (mns) | $1,626,053 |
| Large cap (>$10bn) | 99.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.2% |
| Emerging mkts. | 0.1% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.6 % |
 |
IRELAND | 1.4 % |
 |
BRITAIN | 0.5 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.0% | 14.3% | 15.5% | 21.5% | 11.7% | 12.7% | 9.3% | 9.2% |
| Dividend Yield | 0.8% | 1.2% | 1.3% | 1.5% | 1.5% | 1.8% | 2.0% | 2.0% |
| Total Returns | 12.8% | 15.5% | 16.8% | 23.0% | 13.2% | 14.5% | 11.3% | 11.2% | Ann. Volatility | 13.3% | 13.2% | 16.3% | 15.2% | 17.2% | 18.2% | 18.5% | 17.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.01 | 99% |
| MSCI EAFE | 0.65 | 62% |
| MSCI Emg Mkts | 0.40 | 59% |
Liquidity Measures
| Avg. volume (000) | 18 |
| ADV traded (mns) | $2 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.06% |
Technical Indicators
| 30d moving avg. (EMA) | $104.88 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 1.21/0.89 |
| Bollinger Bands (Upper/Lower) | $109.25/$100.30 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MLRG |
Expenses vs. MLRG |
ALTAR Score™ vs. MLRG |
|---|---|---|---|---|
| VOTE | TCW Transform 500 ETF | 96.2% | +2 bp | +0.0% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 96.2% | -3 bp | +0.0% |
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 95.8% | -1 bp | +0.1% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 94.9% | +6 bp | 0.0% |
| GXLC | Global X U.S. 500 ETF | 94.7% | -1 bp | 0.0% |
| STXF | Strive 500 ETF | 94.1% | +2 bp | 0.0% |
| SPY | SPDR S&P 500 ETF | 93.7% | +6 bp | +0.1% |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | 93.7% | -1 bp | +0.1% |
| VOO | Vanguard S&P 500 ETF | 93.5% | 0 bp | +0.2% |
| PBUS | Invesco MSCI USA ETF | 93.5% | +1 bp | +0.1% |
Risk and Returns: MLRG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/26/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.1%
ALTAR SCORE™
43rd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,391 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. MLRG's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places MLRG in the 43rd percentile
among funds in the category.
Sell-Side Consensus
$128.34
PRICE TARGET
+21.8%
UPSIDE