IWP

iShares Russell Mid-Cap Growth ETF

$129.66
+0.00%
Market closed. Last update: 2:14 AM ET

📎 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

Category Small Cap
Issuer BlackRock
Inception Date 2006-10-20
Market Cap $18.9B
Average Volume N/A
Dividend Yield 0.39%
52-Week Range $104.34 - $145.30
VWAP $130.01

Performance

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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.