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Total Returns and Sector Exposure for Growth Indexes—Continued

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S&P 900 Growth and S&P 900 Pure Growth

The S&P 900 Growth and S&P 900 Pure Growth indexes have three-year annualized returns of 13% and 9.7%, respectively. They have five-year annualized returns of 15% and 12.7%, respectively. They have YTD (year-to-date) returns of 5.4% and 6.1%, respectively.

The S&P 900 Growth index has 39.6% exposure to IT. The top five constituents are the same as that of the S&P 500 Growth index.

The S&P 900 Pure Growth index has 33.1% exposure to IT. Abiomed (ABMD), NetFlix (NFLX), Adobe Systems (ADBE), Amazon.com (AMZN), and Red Hat (RHT) form the top five constituents of the index.

 

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S&P Composite 1500 Growth and S&P Composite 1500 Pure Growth

The S&P Composite 1500 Growth and S&P Composite 1500 Pure Growth indexes have three-year annualized returns of 13% and 10.5%, respectively. They have five-year annualized returns of 15% and 13.5%, respectively. They have YTD returns of 5.4% and 5.5%, respectively.

The S&P Composite 1500 Growth index has 39% exposure to IT. The top five constituents are the same as the S&P 500 Growth index’s.

The S&P Composite 1500 Pure Growth index has 28.6% exposure to IT. Enanta Pharmaceuticals (ENTA), Abiomed (ABMD), Qualys (QLYS), BioTelemetry (BEAT), and Netflix (NFLX) form the top five constituents of the index.

Growth stock ETFs

The Technology Select Sector SPDR Fund (XLK) has 92% exposure to technology. It has a PE (price-to-earnings ratio) of 18.4x and YTD return of 8.4%. The iShares S&P 500 Growth ETF (IVW) has 42% exposure to technology. It has a PE of 25.2x and a YTD return of 5.4%.

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