The iShares S&P 100 ETF (OEF) is an exchange-traded fund designed to track the performance of some of the largest and most established publicly traded companies in the United States. The ETF is managed by BlackRock through the iShares platform and trades under the ticker OEF on the Nasdaq.

Classified as an equity ETF, the fund invests in large-cap U.S. stocks and seeks to replicate the performance of the S&P 100 Index, which consists of approximately 100 leading U.S. companies selected from the S&P 500 based on factors such as market capitalization, liquidity, and sector representation.

The ETF follows a passive management strategy and aims to closely match the performance of its benchmark index, providing exposure to market-leading companies across a broad range of industries.

Diversification and sector exposure

OEF provides exposure primarily associated with:

• Large-cap companies.

• Information technology.

• Financials.

• Healthcare.

• Consumer discretionary.

• Communication services.

• Industrials.

• Consumer staples.

The portfolio includes many of the largest and most established U.S. companies, providing exposure to businesses with global operations and leadership positions across multiple industries.

The ETF's performance generally reflects the performance of America's largest corporations, which have a significant influence on both the U.S. equity market and the global economy.

Structure and costs

OEF shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, helping keep the ETF's market price aligned with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund's distribution policy.

History and evolution of the ETF

The iShares S&P 100 ETF was launched in 2000 to provide investors with an efficient way to gain exposure to the performance of America's largest publicly traded companies through a single investment.

Since inception, the fund has tracked the S&P 100 Index, reflecting the performance of companies that hold leading positions within their industries and exert significant influence on global financial markets.

Over time, the ETF has been shaped by changing economic cycles, technological innovation, shifts in monetary policy, and the evolving composition of the largest U.S. corporations, while maintaining its objective of providing exposure to the leading companies in the U.S. equity market.

Additional Information

iShares S&P 100 ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $20.27 billion.

Over the past 12 months, iShares S&P 100 ETF recorded a return of 20.24%, with its price trading between $308.21 and $384.32 during the same period.

The ETF is traded under the ticker OEF.