IWP
iShares Russell Mid-Cap Growth ETF
📎 Investment Objective
The iShares Russell Mid-Cap Growth ETF (IWP) seeks to track the investment results of an index composed of mid-capitalization U.S. growth stocks.
Overview
ETF tracking iShares Russell Mid-Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Russell Mid-Cap Growth ETF (IWP) seeks to track the investment results of an index composed of mid-capitalization U.S. growth stocks.
🎯 Investment Strategy
The ETF employs a passive management (or indexing) approach, attempting to replicate the performance of the Russell Midcap Growth Index. The fund generally invests at least 80% of its assets in the securities of the underlying index and in depositary receipts representing securities in the underlying index.
✨ Key Features
- Provides exposure to a diversified portfolio of mid-cap U.S. growth stocks
- Passively tracks the Russell Midcap Growth Index, a benchmark for mid-cap growth companies
- Low expense ratio of 0.00%
- Suitable for investors seeking broad exposure to the mid-cap growth segment of the U.S. equity market
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Concentration risk: The fund's performance may be more volatile due to its focus on mid-cap growth stocks
- Style risk: The fund's growth-oriented investment style may underperform other market segments or the overall market
- Liquidity risk: Mid-cap stocks may have lower trading volumes, making them more difficult to buy and sell
👤 Best For
This ETF may be suitable for investors seeking long-term capital appreciation through exposure to the mid-cap growth segment of the U.S. equity market. It may be appropriate as a core holding or as part of a diversified portfolio. Investors should have a moderate to high risk tolerance and a long-term investment horizon.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | HWM | HOWMET AEROSPACE INC | 2.72% | Industrials |
| 2 | COR | CENCORA INC | 2.26% | Health Care |
| 3 | NET | CLOUDFLARE INC CLASS A | 2.22% | Information Technology |
| 4 | RCL | ROYAL CARIBBEAN GROUP LTD | 2.19% | Consumer Discretionary |
| 5 | HLT | HILTON WORLDWIDE HOLDINGS INC | 2.10% | Consumer Discretionary |
| 6 | VRT | VERTIV HOLDINGS CLASS A | 2.10% | Industrials |
| 7 | RBLX | ROBLOX CORP CLASS A | 2.09% | Communication |
| 8 | VST | VISTRA CORP | 1.96% | Utilities |
| 9 | DDOG | DATADOG INC CLASS A | 1.93% | Information Technology |
| 10 | ALNY | ALNYLAM PHARMACEUTICALS INC | 1.91% | Health Care |
| 11 | IDXX | IDEXX LABORATORIES INC | 1.91% | Health Care |
| 12 | PWR | QUANTA SERVICES INC | 1.64% | Industrials |
| 13 | MPWR | MONOLITHIC POWER SYSTEMS INC | 1.44% | Information Technology |
| 14 | CVNA | CARVANA CLASS A | 1.42% | Consumer Discretionary |
| 15 | AXON | AXON ENTERPRISE INC | 1.40% | Industrials |