The Large Cap Blend style ranks fourth out of the twelve fund styles detailed in our 1Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Blend style ranked fourth as well. The category receives our Neutral rating, which is based on aggregate ratings of 106 ETFs and 634 mutual funds in the Large Cap Blend style as of January 19, 2023. See a recap of our 4Q22 Style Ratings here.
Figures 1 and 2 show the five best and worst-rated ETFs and mutual funds in the style. Not all Large Cap Blend style ETFs and mutual funds are created equal. The number of holdings varies widely (from 12 to 1,532). This variation creates drastically different investment implications and, therefore, ratings.