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Fund Returns: IShares Tech Plays Up, Oil Falls - Mid-Cap Winners And Losers

Benzinga ·  Oct 11, 2023 04:59

We performed a screening of mid-cap ETFs, defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.

Winners

iShares Expanded Tech Sector ETF (NYSE:IGM)

IGM is up 2.68% over the trailing week.

The iShares Expanded Tech Sector ETF offers exposure to the U.S. tech market. It is a relatively low-cost option and extremely liquid.

The fund has $3.15 billion in AUM and an expense ratio of 0.41%. IGM has holdings in 280 companies, with the 10 largest comprising 54.72% of the fund.

The fund's largest holdings are Alphabet Inc. Class A (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) making up 8.83% and 8.68% of the fund, respectively.

IGM is up 40.52% YTD.

iShares Russell Top 200 Growth ETF (NYSE:IWY)

IWY is up 2.34% over the trailing week.

The iShares Russell Top 200 Growth ETF tracks the Russell Top 200 Growth Index, offering exposure to large-cap companies within the growth sector of the U.S. equity market.

IWY has $6.53 billion in AUM and an expense ratio of 0.20%. The fund has holdings in 112 companies, with the 10 largest comprising 59.90% of the fund.

The fund's largest holdings are Apple Inc (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) making up 14.23% and 13.08% of the fund, respectively.

IWY is up 31.33% YTD.

Losers

Vanguard Extended Duration Treasury ETF (NYSE:EDV)

EDV is down 6.17% over the trailing week.

The Vanguard Extended Duration Treasury ETF provides exposure to long-dated US treasuries. The maturity dates range from 20 to 30 years.

The fund has $2.15 billion in AUM and an expense ratio of .06%.

EDV is down 19.40% YTD.

VanEck Oil Services ETF (NYSE:OIH)

OIH is down 5.78% over the trailing week.

The VanEck Oil Services ETF tracks the 25 largest US-listed Oil companies involved in the exploration, drilling, and refining of oil. Some of the equities, about a quarter, are foreign companies listed in both their local exchanges and a US exchange.

The fund has $2.34 billion in AUM and an expense ratio of 0.35%. OIH has holdings in 26 companies, with the 10 largest comprising 72.94% of the fund.

The fund's largest holdings are Schlumberger N.V. (NYSE:SLB) and Halliburton Company (NYSE:HAL) making up 19.99% and 11.52% of the fund, respectively.

OIH is up 6.92% YTD.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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