IWR
iShares Russell Mid-Cap ETF
📎 Investment Objective
The iShares Russell Mid-Cap ETF (IWR) seeks to track the investment results of an index composed of mid-capitalization U.S. equities.
Overview
ETF tracking iShares Russell Mid-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Russell Mid-Cap ETF (IWR) seeks to track the investment results of an index composed of mid-capitalization U.S. equities.
🎯 Investment Strategy
The ETF employs a representative sampling strategy to track the Russell Midcap Index, which measures the performance of the mid-capitalization sector of the U.S. equity market. The fund invests in a representative sample of securities included in the index to seek to achieve its investment objective.
✨ Key Features
- Provides exposure to mid-cap U.S. stocks, which can offer the potential for higher growth compared to large-cap stocks
- Diversified portfolio of mid-cap companies across various sectors and industries
- Low expense ratio of 0.00%
- Tracks the Russell Midcap Index, a widely recognized benchmark for mid-cap U.S. equities
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Sector risk: The ETF's performance may be sensitive to developments in certain sectors or industries
- Mid-cap risk: Investments in mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
- Tracking error risk: The ETF may not perfectly track the underlying index
👤 Best For
The iShares Russell Mid-Cap ETF may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be particularly appealing to investors with a medium to long-term investment horizon who are comfortable with the risks associated with mid-cap stocks.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | HOOD | ROBINHOOD MARKETS INC CLASS A | 0.73% | Financials |
| 2 | HWM | HOWMET AEROSPACE INC | 0.65% | Industrials |
| 3 | BK | BANK OF NEW YORK MELLON CORP | 0.63% | Financials |
| 4 | COR | CENCORA INC | 0.54% | Health Care |
| 5 | NET | CLOUDFLARE INC CLASS A | 0.53% | Information Technology |
| 6 | RCL | ROYAL CARIBBEAN GROUP LTD | 0.52% | Consumer Discretionary |
| 7 | CMI | CUMMINS INC | 0.52% | Industrials |
| 8 | GLW | CORNING INC | 0.52% | Information Technology |
| 9 | PWR | QUANTA SERVICES INC | 0.51% | Industrials |
| 10 | HLT | HILTON WORLDWIDE HOLDINGS INC | 0.50% | Consumer Discretionary |
| 11 | VRT | VERTIV HOLDINGS CLASS A | 0.50% | Industrials |
| 12 | RBLX | ROBLOX CORP CLASS A | 0.50% | Communication |
| 13 | MPC | MARATHON PETROLEUM CORP | 0.48% | Energy |
| 14 | COIN | COINBASE GLOBAL INC CLASS A | 0.48% | Financials |
| 15 | SPG | SIMON PROPERTY GROUP REIT INC | 0.48% | Real Estate |