IWC

iShares Micro-Cap ETF

$148.26
+0.00%
Market closed. Last update: 11:38 PM ET

📎 Investment Objective

The iShares Micro-Cap ETF (IWC) seeks to track the investment results of an index composed of micro-capitalization U.S. equities, providing exposure to the smallest publicly traded companies.

Overview

ETF tracking iShares Micro-Cap ETF

Category Small Cap
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $978.5M
Average Volume N/A
Dividend Yield 0.93%
52-Week Range $97.43 - $159.95
VWAP $148.59

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Micro-Cap ETF (IWC) seeks to track the investment results of an index composed of micro-capitalization U.S. equities, providing exposure to the smallest publicly traded companies.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the Russell Microcap Index. It invests in a representative sample of the index's securities to achieve its investment objective.

✨ Key Features

  • Provides exposure to the micro-cap segment of the U.S. equity market
  • Tracks the Russell Microcap Index, which includes the smallest 1,000 securities in the small-cap Russell 2000 Index plus the next 1,000 smallest eligible securities
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad diversification and exposure to the smallest publicly traded companies

⚠️ Primary Risks

  • Micro-cap stocks may be subject to higher volatility and lower liquidity compared to larger companies
  • Potential for higher risk and greater price fluctuations due to the small size of the underlying companies
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
  • Market risk, as the value of the fund's holdings may decline in response to overall market conditions

👤 Best For

The iShares Micro-Cap ETF may be suitable for investors with a long-term investment horizon, a higher risk tolerance, and a desire for exposure to the smallest publicly traded companies in the U.S. equity market as part of a diversified portfolio.