5 Best Low Cost ETFs

2. iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

5-Year Share Price Performance as of April 15: 85.53%

Ranked 2nd on our list of best low cost ETFs, the iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) aims to reflect the performance of the S&P 900 Growth Index, which includes large and mid-sized US companies showing growth potential. The ETF was introduced on July 24, 2000. As of April 12, 2024, its net assets total $16.87 billion, and it holds a portfolio of 472 stocks. The expense ratio stands at 0.04%.

Broadcom Inc. (NASDAQ:AVGO) is among the largest holdings of the iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG). On March 8, Broadcom Inc. (NASDAQ:AVGO) declared a $5.25 per share quarterly dividend, in-line with previous. The dividend was paid to shareholders on March 29.

According to Insider Monkey’s fourth quarter database, 91 hedge funds were bullish on Broadcom Inc. (NASDAQ:AVGO), up from 87 funds in the preceding quarter.

Carillon Eagle Growth & Income Fund stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its fourth quarter 2023 investor letter:

“Broadcom Inc. (NASDAQ:AVGO) traded higher after closing on its acquisition of VMware. The company also announced earnings that were relatively in line with estimates with some benefit of better operating expenses. The stock appears to be one of the first real beneficiaries of generative artificial intelligence (AI) with meaningful revenue expected to show up in 2024.”