ANGU vs ILCV: Grades, Fees and Holdings Compared

SEI Ang Research Enhanced U.S. Large Cap ETF

ANGUBNasdaq

iShares Morningstar Value ETF

ILCVANYSE Arca

Overlap

49.7%by weight

Expense ratio

ILCV −0.06pt a year

ANGU0.10%ILCV0.04%

Avg volume · 30D

ANGU 13.0×the volume

ANGU317KILCV24.4K

ANGU vs ILCV Performance

Sep 30, 2026 – Oct 30, 2026

−1.4%ANGU+3.7%ILCV

Expense ratio: ANGU 0.10%; ILCV 0.04%, better
Fund size: ANGU $456M; ILCV $1.37B
1Y total return: ANGU No data; ILCV +21.0%
Yield (12M): ANGU No data; ILCV 1.51%
Holdings: ANGU 237; ILCV 375
Avg volume (30D): ANGU 317K sh, better; ILCV 24.4K sh
NAV per share: ANGU $24.87; ILCV $109.27
52W range

ETF.net Grade

Pillar letters and Scores for ANGU, ILCV, with each pillar’s weight
Pillar	ANGU	ILCV
Cost30% weight	A93	A99Higher
Mission25% weight	Not scored	A82
Risk15% weight	B60	A90Higher
Tradability15% weight	C54	B64Higher
Holdings10% weight	D38	D39Higher
Durability5% weight	D25	A82Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. ANGU and ILCV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

ILCV ranks 2nd and ANGU 32nd of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 2AVYMVanguard High Dividend Yield ETFScore 81
Rank 30BVFMFVanguard U.S. Multifactor ETFScore 67
Rank 32BANGUSEI Ang Research Enhanced U.S. Large Cap ETFScore 66
Rank 32BMFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETFScore 66

Our read on each fund

ETF.net Research

ANGUBSEI Ang Research Enhanced U.S. Large Cap ETF

ILCVAiShares Morningstar Value ETF

In short

ANGU No data

ILCV Value done the thorough way: roughly 400 large- and mid-cap US stocks screened on five separate value measures, not just cheap book value. Running since 2004 at four basis points, it's one of the cheapest tickets into the value factor.

Stated mandate

ANGU No data

ILCV The fund seeks to track an index of U.S. large- and mid-cap stocks selected with value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield.

Why people hold it

ANGU No data

ILCV Charges 0.04% a year against a 0.32% median for its factor peer group. Undercuts well-regarded rivals like VONV (0.06%) and FNDX (0.25%).
Value gets defined five ways: forward earnings, book value, sales, cash flow and dividend yield. Wider lens than a single price-to-book screen.ishares.com
Spreads the bet across about 400 large- and mid-cap names and distributes quarterly.
Trading since 2004 and now a multi-billion-dollar fund, it ranks among the strongest implementations in its factor cohort.

Worth knowing

ANGU No data

ILCV One of the quieter tickers in its category. Thin volume means spreads matter more here than on a mega-cap index fund, and limit orders are the usual tool.
Value-only by design. It skips the market's priciest growth leaders, so it moves differently from a total-market fund in both directions.ishares.com
Large and mid caps only. Small-cap value sits outside the mandate.

Full ANGU profile⁠

Full ILCV profile⁠

ANGU vs ILCV Holdings

How ANGU and ILCV differ

Overlap by weight

49.7%

Shared holdings make up 73.2% of ILCV and 68.4% of ANGU.

Level by level

Holdings142 in both49.7%
Countryby domicile99.3%
Asset classEquity100%

Sector

No Sector split for ANGU.

Country, concentration and asset class

Country by domicile

Country weights in ANGU and ILCV, widest gap first
Country	More in ANGUMore in ILCV	ANGU	ILCV
United States	ANGU +0.7 points	99.9%	99.2%
Other countries (5)	ILCV +0.7 points	0.1%	0.8%

Concentration

Weight in the 10 largest Holdings

ANGU38.0%
ILCV34.4%

Securities held

ANGU236
ILCV372

Asset class

ANGU: Equity
ILCV: Equity

Holdings

Only in ANGU94
In both142
Only in ILCV230

Only in ANGU

94 securities, 31.5% of ANGU by weight

NVIDIA Corp7.67%
Broadcom Inc2.27%
Eli Lilly & Co2.17%
Advanced Micro Devices1.23%
Palantir Technologies Inc-A0.75%
Lam Research Corp0.57%
Applied Materials Inc0.54%
Space Exploration Techn-Cl A0.53%
Ge Aerospace0.46%
Intel Corp0.42%
Netflix Inc0.41%
Ge Vernova Inc0.36%
Arista Networks Inc0.35%
Amphenol Corp-Cl A0.35%
Moody's Corp0.34%
Ww Grainger Inc0.34%
Everest Group Ltd0.33%
Kla Corp0.33%
Reinsurance Group of America0.32%
Idex Corp0.31%
Aercap Holdings NV0.31%
Seagate Technology Holdings0.31%
Airbnb Inc-Class A0.28%
Crowdstrike Holdings Inc - A0.27%
Ball Corp0.27%
Idexx Laboratories Inc0.26%
Johnson Controls Internation0.26%
Ascendis Pharma A/S0.26%
Gartner Inc0.25%
Monster Beverage Corp0.25%
Linde PLC0.25%
Palo Alto Networks Inc0.25%
Elevance Health Inc0.25%
Western Digital Corp0.25%
Corebridge Financial Inc0.24%
Spotify Technology SA0.23%
Franklin Templeton Inc0.23%
Cencora Inc0.23%
Verisign Inc0.22%
Best Buy Co Inc0.22%
Marvell Technology Inc0.22%
Masco Corp0.21%
Howmet Aerospace Inc0.21%
Vertiv Holdings Co-A0.21%
Neurocrine Biosciences Inc0.20%
Cummins Inc0.20%
Fortinet Inc0.19%
Dexcom Inc0.19%
Msci Inc0.18%
Applovin Corp-Class A0.17%

Only in ILCV

230 securities, 26.6% of ILCV by weight

Chevron1.23%
Procter & Gamble1.06%
Linde PLC0.66%
Morgan Stanley0.64%
Mcdonalds Corp0.52%
Abbott Laboratories0.51%
Conocophillips0.51%
Union Pacific0.51%
Nextera Energy0.49%
BlackRock0.46%
Danaher0.43%
Accenture PLC Class A0.43%
Chubb0.36%
Capital One Financial Corp0.36%
Medtronic PLC0.35%
American Express0.35%
Prologis Reit0.35%
Lowes Companies Inc0.33%
Southern0.30%
Duke Energy Corp0.28%
Us Bancorp0.27%
Eaton PLC0.26%
Pnc Financial Services Group0.26%
3M0.26%
Elevance Health Inc0.25%
Deere0.25%
Waste Management Inc0.24%
Eog Resources0.24%
United Parcel Service Inc Class B0.23%
Slb0.23%
Mondelez International Class A0.23%
Stryker0.23%
Moderna0.22%
Hewlett Packard Enterprise0.22%
Honeywell International Inc0.20%
Hca Healthcare0.20%
Kinder Morgan0.19%
Cheniere Energy0.19%
Blackstone0.18%
Boston Scientific0.18%
Truist Financial0.17%
Oneok0.17%
Marsh0.17%
Starbucks Corp0.17%
Sempra0.16%
Devon Energy0.16%
Aflac0.16%
Dominion Energy0.16%
Becton Dickinson0.15%
Metlife0.15%

Weight gaps

The 100 widest of 142 Holdings in both funds.

Holding weights in ANGU and ILCV, widest gap first
Holding	More in ANGUMore in ILCV	ANGU	ILCV
Berkshire Hathaway Inc-Cl BBRK.B	ILCV +2.73 points	0.11%	2.84%
Microsoft CorpMSFT	ILCV +2.69 points	5.76%	8.45%
JPMorgan Chase & CoJPM	ILCV +2.16 points	0.44%	2.60%
Exxonmobil Holdings CorpXOM	ILCV +1.60 points	0.54%	2.14%
Johnson & JohnsonJNJ	ILCV +1.36 points	0.53%	1.89%
Allstate CorpALL	ANGU +1.11 points	1.20%	0.09%
Mastercard Inc - AMA	ANGU +1.00 points	1.63%	0.63%
Phillips 66PSX	ANGU +0.86 points	1.17%	0.31%
Colgate-Palmolive CoCL	ANGU +0.83 points	0.97%	0.14%
Bank of America CorpBAC	ILCV +0.81 points	0.13%	0.94%
Alphabet Inc-Cl CGOOG	ANGU +0.71 points	2.36%	1.65%
Philip Morris InternationalPM	ILCV +0.71 points	0.21%	0.92%
Travelers Cos Inc/TheTRV	ANGU +0.69 points	0.93%	0.24%
Home Depot IncHD	ILCV +0.65 points	0.28%	0.93%
AbbVie IncABBV	ILCV +0.65 points	0.81%	1.46%
Cisco Systems IncCSCO	ILCV +0.65 points	0.57%	1.22%
Wells Fargo & CoWFC	ILCV +0.64 points	0.09%	0.73%
Amazon.com IncAMZN	ANGU +0.62 points	3.70%	3.08%
Coca-Cola Co/TheKO	ILCV +0.62 points	0.41%	1.03%
Visa Inc-Class A SharesV	ANGU +0.62 points	1.62%	1.00%
KeycorpKEY	ANGU +0.61 points	0.67%	0.06%
UnitedHealth Group IncUNH	ILCV +0.60 points	0.45%	1.05%
Alphabet Inc-Cl AGOOGL	ANGU +0.60 points	2.64%	2.04%
Tesla IncTSLA	ANGU +0.59 points	1.83%	1.24%
Merck & Co. Inc.MRK	ILCV +0.55 points	0.48%	1.03%
Rtx CorporationRTX	ILCV +0.54 points	0.22%	0.76%
Meta Platforms IncMETA	ILCV +0.51 points	1.99%	2.50%
Goldman Sachs Group IncGS	ILCV +0.49 points	0.28%	0.77%
Altria Group IncMO	ANGU +0.48 points	0.84%	0.36%
Valero Energy CorpVLO	ANGU +0.46 points	0.77%	0.31%
Cincinnati Financial CorpCINF	ANGU +0.44 points	0.48%	0.04%
Zoom Communications IncZM	ANGU +0.43 points	0.50%	0.07%
Thermo Fisher Scientific IncTMO	ILCV +0.43 points	0.32%	0.75%
Gilead Sciences IncGILD	ILCV +0.41 points	0.17%	0.58%
Salesforce IncCRM	ILCV +0.41 points	0.11%	0.52%
Intl Business Machines CorpIBM	ILCV +0.39 points	0.30%	0.69%
Pfizer IncPFE	ILCV +0.38 points	0.11%	0.49%
Marathon Petroleum CorpMPC	ANGU +0.37 points	0.55%	0.18%
Citigroup IncC	ILCV +0.37 points	0.23%	0.60%
Annaly Capital Management InNLY	ANGU +0.37 points	0.41%	0.04%
Qualcomm IncQCOM	ILCV +0.35 points	0.21%	0.56%
Apple IncAAPL	ANGU +0.34 points	7.58%	7.24%
Vici Properties IncVICI	ANGU +0.34 points	0.42%	0.08%
Walt Disney Co/TheDIS	ILCV +0.32 points	0.22%	0.54%
Amgen IncAMGN	ILCV +0.30 points	0.41%	0.71%
Ross Stores IncROST	ANGU +0.30 points	0.36%	0.06%
Pepsico IncPEP	ILCV +0.29 points	0.23%	0.52%
Synchrony FinancialSYF	ANGU +0.29 points	0.36%	0.07%
Target CorpTGT	ANGU +0.26 points	0.46%	0.20%
Incyte CorpINCY	ANGU +0.25 points	0.28%	0.03%
Ameriprise Financial IncAMP	ANGU +0.23 points	0.30%	0.07%
Tjx Companies IncTJX	ANGU +0.22 points	0.50%	0.28%
Ferguson Enterprises IncFERG	ANGU +0.22 points	0.27%	0.05%
Micron Technology IncMU	ANGU +0.23 points	1.58%	1.35%
Vertex Pharmaceuticals IncVRTX	ILCV +0.21 points	0.06%	0.27%
Halliburton CoHAL	ANGU +0.19 points	0.28%	0.09%
Progressive CorpPGR	ILCV +0.19 points	0.19%	0.38%
Sysco CorpSYY	ANGU +0.20 points	0.31%	0.11%
The Cigna GroupCI	ANGU +0.19 points	0.41%	0.22%
Expeditors Intl Wash IncEXPD	ANGU +0.19 points	0.22%	0.03%
Ptc IncPTC	ANGU +0.19 points	0.20%	0.02%
P G & E CorpPCG	ANGU +0.18 points	0.26%	0.08%
Archer-Daniels-Midland CoADM	ANGU +0.17 points	0.27%	0.10%
Regeneron PharmaceuticalsREGN	ANGU +0.16 points	0.39%	0.23%
Mettler-Toledo InternationalMTD	ANGU +0.16 points	0.21%	0.05%
American Tower CorpAMT	ILCV +0.16 points	0.09%	0.25%
Bristol-Myers Squibb CoBMY	ANGU +0.15 points	0.51%	0.36%
United Airlines Holdings IncUAL	ANGU +0.15 points	0.25%	0.10%
Tyson Foods Inc-Cl ATSN	ANGU +0.14 points	0.19%	0.05%
Expedia Group IncEXPE	ANGU +0.14 points	0.18%	0.04%
Walmart IncWMT	ILCV +0.14 points	0.77%	0.91%
Kimberly-Clark CorpKMB	ANGU +0.14 points	0.24%	0.10%
Uber Technologies IncUBER	ILCV +0.13 points	0.14%	0.27%
SS&C Technologies HoldingsSSNC	ANGU +0.12 points	0.17%	0.05%
Schwab (Charles) CorpSCHW	ANGU +0.12 points	0.39%	0.27%
Caterpillar IncCAT	ANGU +0.12 points	0.50%	0.38%
Newmont CorpNEM	ANGU +0.12 points	0.45%	0.33%
Parker Hannifin CorpPH	ANGU +0.11 points	0.30%	0.19%
Corpay IncCPAY	ANGU +0.11 points	0.15%	0.04%
General Dynamics CorpGD	ANGU +0.10 points	0.36%	0.26%
Viatris IncVTRS	ANGU +0.10 points	0.16%	0.06%
Fortive CorpFTV	ANGU +0.09 points	0.15%	0.06%
Kroger CoKR	ANGU +0.09 points	0.20%	0.11%
Cme Group IncCME	ILCV +0.09 points	0.21%	0.30%
Cf Industries Holdings IncCF	ANGU +0.09 points	0.14%	0.05%
Mckesson CorpMCK	ILCV +0.09 points	0.15%	0.24%
Fedex CorpFDX	ILCV +0.08 points	0.11%	0.19%
Lockheed Martin CorpLMT	ANGU +0.08 points	0.44%	0.36%
Nucor CorpNUE	ANGU +0.08 points	0.15%	0.07%
Eqt CorpEQT	ANGU +0.09 points	0.15%	0.06%
General Motors CoGM	ANGU +0.09 points	0.30%	0.21%
Verisk Analytics IncVRSK	ANGU +0.08 points	0.11%	0.03%
Texas Instruments IncTXN	ILCV +0.09 points	0.36%	0.45%
Costco Wholesale CorpCOST	ANGU +0.08 points	0.79%	0.71%
Lululemon Athletica IncLULU	ANGU +0.08 points	0.11%	0.03%
Edison InternationalEIX	ANGU +0.08 points	0.14%	0.06%
Dell Technologies -CDELL	ANGU +0.08 points	0.19%	0.11%
PayPal Holdings IncPYPL	ILCV +0.08 points	0.06%	0.14%
Targa Resources CorpTRGP	ILCV +0.08 points	0.02%	0.10%
Te Connectivity PLCTEL	ANGU +0.07 points	0.14%	0.07%

All 236 ANGU holdings⁠All 372 ILCV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ANGU vs ILCV Cost

Overpaying ANGU vs ILCV

$1,257

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ANGU 0.10%
$2,106
ILCV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

ANGU 0.10%
ILCV 0.04%
Overpaying

Year by year

Year	ANGU	ILCV	Overpaying
10	$183	$73	$110
20	$717	$288	$429
30	$2,106	$849	$1,257

Expense ratio

0.10%ANGU
0.04%ILCV, cheaper

ILCV0.04%ANGU0.10%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

ILCV cheapest of 99 funds

ANGU 8th cheapest of 99 funds

ANGU vs ILCV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ANGU No data; ILCV 1.51%
Payout (12M): ANGU No data; ILCV $1.65
Last payment: ANGU $0.05; ILCV $0.42
Ex-dividend: ANGU Oct 5, 2026; ILCV Sep 15, 2026
Paid on: ANGU Oct 6, 2026; ILCV Sep 18, 2026
Frequency: ANGU Irregular; ILCV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ANGUIrregular · 1 paymentAll ANGU payments⁠

ILCVQuarterly · 39 paymentsAll ILCV payments⁠

ANGU vs ILCV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ANGU No dataILCV 10.7%
Return per unit of riskSharpe ratio, 3 years: ANGU No dataILCV 1.57
Worst fallMax drawdown, 5 years: ANGU No dataILCV −18.6%
Market sensitivityBeta, 5 years: ANGU 0.00ILCV 0.82; Market = 1

ANGU and ILCV in the news

All news⁠

Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026ANGU

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ANGU vs ILCV

In short

Stated mandate

Why people hold it

Worth knowing

How ANGU and ILCV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ANGU

Only in ILCV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

US multifactor funds ran 30 points apart