If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the JLens 500 Jewish Advocacy U.S. ETF (TOV Quick QuoteTOV - Free Report) , a passively managed exchange traded fund launched on February 26, 2025.

The fund is sponsored by Jlens Invest Jewishly. It has amassed assets over $277.92 million, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market.

Why Large Cap Blend

Companies that fall in the large cap category tend to 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.

Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities.

Costs

Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.

Annual operating expenses for this ETF are 0.18%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 0.84%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. 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 38.5% of the portfolio. Financials and Healthcare round out the top three.

Looking at individual holdings, Nvidia Corp (NVDA) accounts for about 8.27% of total assets, followed by Apple Inc (AAPL) and Microsoft Corp (MSFT).

The top 10 holdings account for about 39.67% of total assets under management.

Performance and Risk

TOV seeks to match the performance of the JLENS 500 JEWISH ADVOCACY U.S. INDEX before fees and expenses. The JLens 500 Jewish Advocacy U.S. Index seeks to provide exposure to large cap U.S. equity securities included in the VettaFi US Equity Large-Cap 500 Index while maintaining alignment with JLens Jewish value pillars.

The ETF return is roughly 11.6% so far this year and is up roughly 11.78% in the last one year (as of 11/02/2026). In the past 52-week period, it has traded between $26.60 and $32.92.

The ETF has a beta of 1.03 and standard deviation of 16.41% for the trailing three-year period. With about 499 holdings, it effectively diversifies company-specific risk.

Alternatives

JLens 500 Jewish Advocacy U.S. ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, TOV is a sufficient option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.

The iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Index Fund ETF Shares (VOO) track a similar index. While iShares Core S&P 500 ETF has $867.52 billion in assets, Vanguard 500 Index Fund ETF Shares has $1,020.36 billion. IVV has an expense ratio of 0.03% and VOO charges 0.03%.

Bottom-Line

While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.