OEF: ISHARES S&P 100 ETF
Understanding the ISHARES S&P 100 ETF (OEF)
The ISHARES S&P 100 ETF (ticker: OEF) is an exchange-traded fund designed to track the performance of large companies. It focuses on some of the biggest names in the market.
What this ETF is trying to do
OEF seeks to provide exposure to a group of large-cap companies. Based on its top holdings, the fund is heavily weighted toward major technology and growth companies. These include NVIDIA CORP, APPLE INC, MICROSOFT CORP, and AMAZON.COM INC. Because it holds a concentrated group of large companies, its performance is tied to the success of these major players.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes both price changes and distributions).
• Year-to-Date (YTD): The YTD price return is approximately 13.51%, while the YTD total return is approximately 14.29%.
• One-Year: The one-year price return was approximately 16.04%, and the one-year total return was approximately 17.12%.
• Three-Year: Over the last three years, the price return was approximately 92.14%, while the total return was approximately 97.96%.
An estimated price from roughly one year ago was $335.50. The current price is $389.32.
Income and distribution explanation
OEF provides some income through distributions. The current distribution yield is approximately 0.84%. This means the cash paid out relative to the share price is less than 1%. The fund usually pays distributions on a quarterly basis, with 4 payments recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, the fund's erosion-risk score is 100, which is labeled as "No price erosion detected." The severity of this risk is rated as "good," and there is no severe erosion-risk flag present.
Pros
• Strong Price Growth: The fund has shown significant price returns over the one-year and three-year periods.
• High-Quality Holdings: The portfolio includes some of the largest companies in the world, such as NVIDIA and Apple.
• Low Erosion Risk: The data shows no detected price erosion.
Cons
• Lower Yield: For investors looking specifically for high cash income, the distribution yield of 0.84% is relatively low.
• Concentration: Because the top holdings (like NVIDIA at 11.28%) make up a large portion of the fund, the performance is very dependent on a few specific companies.
Beginner takeaway
OEF is an ETF that focuses on large, well-known companies. It has recently shown strong growth in both its share price and its total return. While it provides some income, it is primarily characterized by its price movement rather than high dividend payments. Always remember that top holdings can change over time, and past performance does not guarantee future results.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 11.28% |
| 2 | APPLE INC | AAPL | 9.92% |
| 3 | MICROSOFT CORP | MSFT | 7.77% |
| 4 | AMAZON.COM INC | AMZN | 4.99% |
| 5 | ALPHABET INC CLASS A | GOOGL | 4.12% |
| 6 | BROADCOM INC | AVGO | 3.41% |
| 7 | ALPHABET INC CLASS C | GOOG | 3.30% |
| 8 | META PLATFORMS INC CLASS A | META | 3.26% |
| 9 | MICRON TECHNOLOGY INC | MU | 2.45% |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 2.04% |