The iShares Russell 1000 Growth ETF (IWF) is outperforming the broader stock market index, driven by robust tech stocks earnings growth. Market fundamentals also appear favorable for growth stocks, with a strong outlook.
The iShares Russell 1000 Growth ETF (IWF) has been outperforming the broader stock market index, driven by robust earnings growth among tech stocks. Market fundamentals also appear favorable for growth stocks, with a strong outlook.
According to Validea's ETF fundamental report [1], IWF, a Large-Cap Quality ETF, has a significant exposure to the Technology sector, with the largest industry being Software & Programming. The ETF's exposure to major investing factors, such as momentum (87) and quality (96), is particularly notable. This strong momentum and high-quality profile contribute to its outperformance.
Nvidia Corporation (NASDAQ:NVDA), a leading semiconductor and technology company, is set to release its quarterly earnings on Wednesday, July 3, 2025 [2]. Nvidia's performance is crucial for the broader tech sector and numerous ETFs that track the technology industry. Analysts expect strong growth in its data center business, with revenue growth of 53% year-over-year, but concerns remain regarding the impact of the COVID-19 pandemic on its gaming business.
Investors are closely monitoring Nvidia's performance, as its guidance and forward-looking commentary from CEO Jensen Huang will provide insights into the company's future trajectory. A strong earnings report could drive AI optimism and boost investor confidence in the broader tech sector [2].
References:
[1] https://www.nasdaq.com/articles/iwf-fundamental-analysis-1
[2] https://www.ainvest.com/news/nvidia-earnings-report-impact-hundreds-etfs-2508/
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