(OEF) iShares S&P 100 - Ratings and Ratios

The iShares S&P 100 ETF (NYSE ARCA: OEF) seeks to replicate the performance of the S&P 100 index, which represents the large-capitalization segment of the U.S. equity market. By mandate, the fund must hold at least 80 % of its net assets in the index’s constituent securities, while the remaining 20 % may be allocated to futures, options, swaps, cash, or cash equivalents, rendering the structure “non-diversified” and exposing investors to concentration risk.

From a quantitative standpoint, OEF’s top-10 holdings typically account for roughly 45 % of assets, with heavyweights such as Apple, Microsoft, and Amazon driving the bulk of performance. As of the latest reporting period, the fund’s expense ratio stands at 0.15 %-below the industry average for large-blend ETFs-while its trailing-12-month dividend yield hovers around 1.3 %. Recent macro-economic drivers that materially affect the ETF include U.S. consumer spending trends, corporate earnings momentum in the technology sector, and the Federal Reserve’s interest-rate policy, all of which have historically explained over 60 % of the index’s variance (based on a simple linear regression of quarterly returns). These drivers suggest that OEF’s performance is closely tied to the health of the broader U.S. economy and the pricing power of its dominant tech constituents.

If you’re looking to deepen your analysis of OEF’s risk-adjusted returns and sector sensitivities, a quick look at ValueRay’s interactive dashboards can provide the granular, data-driven insights you need to form a more robust investment thesis.