ILCB

iShares Morningstar U.S. Equity ETF

$93.13
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The iShares Morningstar U.S. Equity ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities.

Overview

ETF tracking iShares Morningstar U.S. Equity ETF

Category Other
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $1.2B
Average Volume N/A
Dividend Yield 1.09%
52-Week Range $68.63 - $95.28
VWAP $93.52

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Morningstar U.S. Equity ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities.

🎯 Investment Strategy

The ETF employs a passive management strategy, seeking to replicate the performance of the Morningstar US Large-Mid Cap Index. It invests primarily in a representative sample of the securities included in the underlying index.

✨ Key Features

  • Broad exposure to large- and mid-cap U.S. stocks
  • Passively managed to track the Morningstar US Large-Mid Cap Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The fund's performance is tied to the U.S. equity market and may be more volatile than a more diversified portfolio
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF at the desired price
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a moderate risk tolerance who are comfortable with the volatility of the stock market.