IMCV
iShares Morningstar Mid-Cap Value ETF
📎 Investment Objective
The iShares Morningstar Mid-Cap Value ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics.
Overview
ETF tracking iShares Morningstar Mid-Cap Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Morningstar Mid-Cap Value ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics.
🎯 Investment Strategy
The ETF employs a passive management (or indexing) approach, seeking to track the performance of the Morningstar Mid Cap Value Index. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index.
✨ Key Features
- Provides exposure to a diversified portfolio of mid-cap U.S. value stocks
- Passively tracks the Morningstar Mid Cap Value Index, which selects stocks based on value factors
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Sector risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector
- Mid-cap risk: Stocks of mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
- Value investing risk: Value stocks may perform differently from the market as a whole and following a value-oriented investment strategy may not achieve the desired results
👤 Best For
This ETF may be suitable for investors seeking broad exposure to mid-cap U.S. value stocks as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon who are comfortable with the risks associated with investing in mid-cap equities.