BGRO vs. IUSG

Last updated Jun 5, 2026

BGRO (BlackRock Large Cap Growth ETF) and IUSG (iShares Core S&P U.S. Growth ETF) are both Large Cap Growth Equities funds from iShares. BGRO is actively managed, while IUSG is passively managed. Over the past year, BGRO returned 24.69% vs 33.47% for IUSG. With a 0.96 correlation, they move nearly in lockstep. BGRO charges 0.55%/yr vs 0.04%/yr for IUSG.

Performance

BGRO vs. IUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Large Cap Growth ETF (BGRO) and iShares Core S&P U.S. Growth ETF (IUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BGRO having a 13.75% return and IUSG slightly higher at 14.00%.

BGRO

• 1D: 0.03%
• 1M: 7.41%
• YTD: 13.75%
• 6M: 13.14%
• 1Y: 24.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSG

• 1D: -0.07%
• 1M: 6.40%
• YTD: 14.00%
• 6M: 13.31%
• 1Y: 33.47%
• 3Y*: 27.62%
• 5Y*: 15.67%
• 10Y*: 17.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGRO vs. IUSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BGRO BlackRock Large Cap Growth ETF	13.75%	12.37%	10.92%
IUSG iShares Core S&P U.S. Growth ETF	14.00%	21.23%	13.87%

Correlation

The correlation between BGRO and IUSG is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024	0.96

The correlation between BGRO and IUSG has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

BGRO vs. IUSG - Sectors Allocation Comparison

Sectors	BGRO	IUSG
Technology	50.8%	48.0%
Industrials	13.8%	7.5%
Communication Services	11.8%	17.1%
Consumer Cyclical	10.0%	9.3%
Healthcare	5.3%	6.2%
Real Estate	3.3%	0.9%
Financial Services	1.6%	8.8%
Basic Materials	1.3%	0.5%
Consumer Defensive	1.1%	1.0%
Energy	0.9%	0.2%
Utilities	-	0.5%

Return for Risk

BGRO vs. IUSG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGRO

BGRO Risk / Return Rank: 35
BGRO Sharpe Ratio Rank: 39
BGRO Sortino Ratio Rank: 37
BGRO Omega Ratio Rank: 37
BGRO Calmar Ratio Rank: 29
BGRO Martin Ratio Rank: 32

IUSG

IUSG Risk / Return Rank: 61
IUSG Sharpe Ratio Rank: 65
IUSG Sortino Ratio Rank: 63
IUSG Omega Ratio Rank: 62
IUSG Calmar Ratio Rank: 53
IUSG Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGRO vs. IUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) and iShares Core S&P U.S. Growth ETF (IUSG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BGRO	IUSG	Difference
Sharpe ratio: Return per unit of total volatility	1.37	2.14	-0.77
Sortino ratio: Return per unit of downside risk	1.88	2.90	-1.01
Omega ratio: Gain probability vs. loss probability	1.24	1.37	-0.13
Calmar ratio: Return relative to maximum drawdown	1.41	2.57	-1.17
Martin ratio: Return relative to average drawdown	4.71	10.95	-6.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BGRO vs. IUSG - Sharpe Ratio Comparison

The current BGRO Sharpe Ratio is 1.37, which is lower than the IUSG Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of BGRO and IUSG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BGRO	IUSG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	2.14	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.38	+0.44

Drawdowns

BGRO vs. IUSG - Drawdown Comparison

The maximum BGRO drawdown since its inception was -24.94%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for BGRO and IUSG.

Drawdown Indicators

	BGRO	IUSG	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-63.41%	+38.47%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	-13.07%	-4.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.35%	—
Current Drawdown Current decline from peak	-2.02%	-1.05%	-0.97%
Average Drawdown Average peak-to-trough decline	-4.75%	-21.44%	+16.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.26%	3.06%	+2.20%

Volatility

BGRO vs. IUSG - Volatility Comparison

BlackRock Large Cap Growth ETF (BGRO) has a higher volatility of 4.93% compared to iShares Core S&P U.S. Growth ETF (IUSG) at 4.22%. This indicates that BGRO's price experiences larger fluctuations and is considered to be riskier than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGRO	IUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	4.22%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	14.23%	12.23%	+2.00%
Volatility (1Y) Calculated over the trailing 1-year period	18.17%	15.71%	+2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.54%	20.86%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.54%	20.40%	+3.14%

BGRO vs. IUSG - Expense Ratio Comparison

BGRO has a 0.55% expense ratio, which is higher than IUSG's 0.04% expense ratio.

Dividends

BGRO vs. IUSG - Dividend Comparison

BGRO's dividend yield for the trailing twelve months is around 0.03%, less than IUSG's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGRO BlackRock Large Cap Growth ETF	0.03%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSG iShares Core S&P U.S. Growth ETF	0.47%	0.53%	0.59%	1.12%	1.07%	0.59%	0.93%	1.64%	1.32%	1.28%	1.48%	1.29%

Frequently Asked Questions

Can I hold both BGRO and IUSG in my portfolio?

With a correlation of 0.95, BGRO and IUSG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BGRO or IUSG?

BGRO has higher volatility (4.93%) compared to IUSG (4.22%). In terms of maximum drawdown, BGRO dropped -24.94% vs IUSG's -63.41%.

Which ETF is better, BGRO or IUSG?

On 1-year performance, IUSG leads with 33.47% vs 24.69% for BGRO. On fees, IUSG is cheaper at 0.04% per year. On volatility, IUSG has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BGRO or IUSG?

Over the 1-year period, IUSG has performed better with a 33.47% return vs 24.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BGRO or IUSG?

IUSG is cheaper with a 0.04% expense ratio, compared with 0.55% for BGRO.

Which ETF pays a higher dividend yield, BGRO or IUSG?

IUSG has the higher dividend yield at 0.47%, compared with 0.03% for BGRO.

What is the main difference between BGRO and IUSG?

Their fees differ too: 0.55% for BGRO and 0.04% for IUSG.

Which has better risk-adjusted returns?

IUSG currently has the higher Sharpe Ratio (2.14 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.