If you’re interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the TCW Transform 500 ETF (VOTE), a passively managed exchange traded fund launched on 06/22/2021.

The fund is sponsored by Tcw. It has amassed assets over $843.86 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.

Large cap companies usually have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies.

Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.

When considering an ETF’s total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

Annual operating expenses for this ETF are 0.05%, making it one of the least expensive products in the space.

It has a 12-month trailing dividend yield of 1.10%.

Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund’s holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation to the Information Technology sector–about 33.40% of the portfolio. Financials and Consumer Discretionary round out the top three.

Looking at individual holdings, Nvidia Corp (NVDA) accounts for about 6.87% of total assets, followed by Microsoft Corp (MSFT) and Apple Inc (AAPL).

The top 10 holdings account for about 35.56% of total assets under management.

VOTE seeks to match the performance of the MORNINGSTAR US LARGE CAP SELECT INDEX before fees and expenses. The Morningstar US Large Cap Select Index is market cap-weighted and tracks the 500 largest companies in the US.

The ETF has gained about 9.19% so far this year and is up about 19.39% in the last one year (as of 07/25/2025). In the past 52-week period, it has traded between $58.20 and $74.71.

The ETF has a beta of 1.01 and standard deviation of 16.99% for the trailing three-year period. With about 509 holdings, it effectively diversifies company-specific risk.

TCW Transform 500 ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VOTE is an outstanding option for investors seeking exposure to the Style Box – Large Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.