XOEF

📎 Investment Objective

The iShares S&P 500 ex S&P 100 ETF seeks to track the performance of an index that provides exposure to large-cap U.S. equities, excluding the largest 100 companies in the S&P 500 Index.

✨ Key Features

• Provides exposure to large-cap U.S. stocks, excluding the largest 100 companies in the S&P 500 Index
• Passively managed, index-tracking strategy
• Low expense ratio of 0.00%
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
• Tracking error risk: The fund may not perfectly track the performance of its underlying index
• Concentration risk: The fund's performance may be more volatile than the overall market due to its focus on a specific segment of the large-cap U.S. equity market
• Liquidity risk: The ETF may experience lower trading volume or be less liquid than more established funds

👤 Best For

This ETF may be suitable for investors seeking broad exposure to large-cap U.S. equities, with a focus on companies outside the largest 100 stocks in the S&P 500 Index. It may be appropriate as a core holding or for diversification within a larger portfolio. Investors should be comfortable with the risks associated with investing in the U.S. equity market and be willing to hold the investment for the long term.