| Value Trumps Growth |
Compound annual growth rate in earnings per share from 2000 to 2006
|Source: AltaVista Independent Research|
The iShares S&P 500 Growth Index currently trades at about 16.4 times estimated 2007 EPS, compared with 13.9 times for the iShares S&P 500 Value Index. Remember, just because you "pay up" for earnings growth doesn't mean you'll get it.