The Large Cap Blend style ranks fourth out of the twelve fund styles detailed in our 3Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Blend style ranked third. The category receives our Neutral rating, which is based on aggregate ratings of 105 ETFs and 604 mutual funds in the Large Cap Blend style as of July 17, 2023. See a recap of our 2Q23 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 14 to 1,517). This variation creates drastically different investment implications and, therefore, ratings.