iShares Core S&P U.S. Growth ETF (IUSG) Valuation

NASDAQ: IUSGP/E, earnings yield and other ratios of the holdings combined.

IUSG valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 27.1
Forward P/E: 22.3
Price / sales: 7.07
Price / book: 8.22
EV / EBITDA: 19.7
Earnings yield: 3.69%
Dividend yield: 0.58%
Return on equity: 30.3%
Net margin: 26.1%
Beta: 1.34

IUSG valuation vs other stock ETFs

P/E (TTM)Forward P/E

IUSG valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
IUSG	27.1	22.3	7.07	8.22	0.58%	30.3%	26.1%	0.9%
SPY	25.9	19.9	3.67	5.47	1.08%	21.1%	14.2%	1.9%
QQQ	34.2	23.4	5.93	9.27	0.58%	27.1%	17.4%	6.9%
DIA	20.9	18.4	3.16	5.52	1.55%	26.4%	15.1%	0.0%
VTI	28.2	19.4	3.31	5.00	1.07%	17.7%	11.8%	4.6%
IWM	n/m	13.9	1.25	2.03	1.38%	−1.7%	−1.0%	28.1%

Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.

IUSG valuation by sector

P/E (TTM)Forward P/E

IUSG valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	50.6%	31.9	22.9	11.48	14.53	0.48%	45.6%
Communication Services	14.3%	19.6	21.7	8.25	7.01	0.26%	35.8%
Financial Services	9.2%	17.0	18.1	4.19	2.73	0.94%	16.1%
Consumer Cyclical	8.4%	26.6	24.9	3.88	7.69	0.37%	28.9%
Healthcare	7.3%	39.9	20.8	6.41	11.15	0.98%	27.9%
Industrials	6.1%	34.4	26.1	3.52	8.13	0.69%	23.6%
Consumer Defensive	1.1%	30.3	23.4	6.33	14.56	2.08%	48.1%
Real Estate	0.9%	35.3	38.7	9.84	3.17	3.10%	9.0%
Basic Materials	0.5%	16.6	13.0	4.51	3.52	0.81%	21.2%
Utilities	0.4%	30.6	14.8	2.25	4.28	0.86%	14.0%
Energy	0.1%	17.2	17.9	3.12	3.83	1.46%	22.2%

IUSG earnings yield vs bond yields

IUSG earnings yield (forward)

4.49%

IUSG earnings yield (trailing)

3.69%

IUSG dividend yield

0.58%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.

How IUSG weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

IUSG largest holdings: valuation

IUSG largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
NVDA	NVIDIA Corporation	13.14%	27.1	24.9	17.1	0.47%	13.30%
MSFT	Microsoft Corporation	10.32%	29.5	25.1	11.8	0.74%	9.59%
AAPL	Apple Inc.	6.62%	39.4	35.2	10.7	0.31%	4.60%
GOOGL	Alphabet Inc.	4.98%	17.1	22.8	9.3	0.26%	7.98%
GOOG	Alphabet Inc.	4.28%	16.9	21.8	9.2	0.26%	6.94%
AVGO	Broadcom Inc.	4.09%	43.3	19.4	17.6	0.79%	2.59%
META	Meta Platforms, Inc.	3.74%	26.7	22.1	7.9	0.30%	3.83%
AMZN	Amazon.com, Inc.	3.50%	20.1	23.6	3.5	—	4.76%
LLY	Eli Lilly and Company	2.74%	42.2	24.4	14.1	0.55%	1.78%
MU	Micron Technology, Inc.	2.67%	11.8	7.0	7.5	0.07%	6.18%
BRK.B	Berkshire Hathaway Inc.	2.67%	13.4	22.7	3.0	—	5.46%
AMD	Advanced Micro Devices, Inc.	2.29%	134.9	39.5	20.9	—	0.47%
TSLA	Tesla, Inc.	1.72%	328.4	158.7	13.5	—	0.14%
JPM	JPMorgan Chase & Co.	1.65%	14.2	13.5	4.7	1.94%	3.17%
PLTR	Palantir Technologies Inc.	1.18%	160.4	85.5	72.6	—	0.20%
V	Visa Inc.	1.05%	34.3	24.0	17.0	0.67%	0.84%
JNJ	Johnson & Johnson	1.04%	38.8	21.0	6.2	2.10%	0.73%
MA	Mastercard Incorporated	0.95%	34.0	24.2	15.4	0.56%	0.77%
CAT	Caterpillar Inc.	0.89%	31.5	25.4	4.5	0.89%	0.77%
AMAT	Applied Materials, Inc.	0.80%	35.3	23.4	10.5	0.52%	0.62%
LRCX	Lam Research Corporation	0.79%	45.8	33.7	14.2	0.50%	0.47%
NFLX	Netflix, Inc.	0.76%	22.2	18.7	6.1	—	0.94%
RTX	RTX Corporation	0.70%	34.1	24.6	2.8	1.51%	0.56%
CRWD	CrowdStrike Holdings, Inc.	0.64%	—	208.3	43.1	—	0.00%
ABBV	AbbVie Inc.	0.61%	80.6	16.4	7.8	2.42%	0.21%

Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.

About IUSG valuation

Adding up its 399 holdings with company data, IUSG trades at 27.1 times trailing earnings and 22.3 times analysts' forward estimates, with a price-to-book ratio of 8.22 and a dividend yield of 0.58%. Its earnings yield of 3.69% is 1.64 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 56.1% of the fund and earn 61.5% of its combined profit. By sector, Healthcare is the most expensive at 39.9 times earnings and Basic Materials the cheapest at 16.6. Companies that lost money over the past year are 0.9% of the covered weight.

How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

IUSG valuation FAQ

What is the P/E ratio of IUSG?

Based on its holdings, IUSG has a trailing P/E of 27.1 and a forward P/E of 22.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of IUSG?

The trailing earnings yield is 3.69% (1 ÷ P/E) and the forward earnings yield 4.49%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is IUSG more expensive than the S&P 500?

IUSG trades at 27.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.3 and 19.9.

What is the price-to-book ratio of IUSG?

The holdings of IUSG trade at 8.22 times book value, with a combined return on equity of 30.3%.

Which sector in IUSG has the highest P/E?

Healthcare has the highest P/E at 39.9 and Basic Materials the lowest at 16.6.