Should JLens 500 Jewish Advocacy U.S. ETF (TOV) Be on Your Investing Radar?

Launched on February 26, 2025, the JLens 500 Jewish Advocacy U.S. ETF (TOV) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.

The fund is sponsored by Jlens Invest Jewishly. It has amassed assets over $209.74 million, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market.

Why Large Cap Blend

Large cap companies typically have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies.

Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.

Costs

Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.

Annual operating expenses for this ETF are 0.18%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 0.75%.

Sector Exposure and Top Holdings

While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation to the Information Technology sector -- about 33.3% of the portfolio. Financials and Telecom round out the top three.

Looking at individual holdings, Nvidia Corp (NVDA) accounts for about 7.24% of total assets, followed by Apple Inc (AAPL) and Alphabet Inc (GOOGL).

The top 10 holdings account for about 38.21% of total assets under management.

Performance and Risk

TOV seeks to match the performance of the JLENS 500 JEWISH ADVOCACY U.S. INDEX before fees and expenses. The JLens 500 Jewish Advocacy U.S. Index seeks to provide exposure to large cap U.S. equity securities included in the VettaFi US Equity Large-Cap 500 Index while maintaining alignment with JLens Jewish value pillars.

The ETF has gained about 0.62% so far. In the past 52-week period, it has traded between $20.87 and $29.27.

With about 499 holdings, it effectively diversifies company-specific risk.

Alternatives

JLens 500 Jewish Advocacy U.S. ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, TOV is a good option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.

The iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) track a similar index. While iShares Core S&P 500 ETF has $752.07 billion in assets, Vanguard S&P 500 ETF has $856.47 billion. IVV has an expense ratio of 0.03% and VOO charges 0.03%.

Bottom-Line

Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

Boost Your Portfolio with Our Top ETF Insights

Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week.

Don’t miss out on this valuable resource. It’s free!

Get it now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

JLens 500 Jewish Advocacy U.S. ETF (TOV): ETF Research Reports

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research