BLGR vs ILCV

BLGRCBluemonte Large Cap Growth ETF

ILCVAiShares Morningstar Value ETF

In short

BLGR Most multifactor ETFs lean value or dividends. BLGR goes the other way: at least 80% in large US growth companies, picked by a proprietary growth, momentum and value model, at 0.23% net of a waiver through August 31, 2027.

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

BLGR The fund seeks capital growth and is designed to invest at least 80% of its assets in large, domestic growth companies.

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

• BLGR 0.23% a year, net of a waiver through August 31, 2027 (0.28% before the waiver), which lands below the typical fee in its multifactor category.
• The mandate is written down, not implied: at least 80% of assets in large domestic growth companies, measured against the Russell 1000 Growth Index.
• One ticker, three factors. Growth, momentum and value are blended inside a single model rather than stacked from separate single-factor funds.
• Plain-vanilla plumbing: a 1940 Act equity ETF that distributes quarterly, no K-1 at tax time.

• 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

• BLGR Thinly traded for its category, so the bid-ask spread can matter more than the expense ratio on the way in and out.
• Launched in 2025, so the track record is short, and the stock selection runs on a proprietary model rather than a published rulebook you can read line by line.
• Cheaper neighbors exist: VONV at 0.06% and ILCV at 0.04%. Both screen for value, though, so they are a different bet, not the same fund for less.

• 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 BLGR profile⁠

Full ILCV profile⁠