IWC

iShares Micro-Cap ETF
*Unless otherwise stated, data provided by FactSet.

IWC Fund Description

IWC tracks a market-cap-weighted index of U.S. micro-cap stocks. The index selects the smallest 1000 stocks in the Russell 2000 Index.

IWC Factset Analytics Insight

IWC takes a plain vanilla, market-cap-weighted view of the micro-cap segment. The underlying index selects 1000 of the smallest from the Russell 2000 Index. From our perspective, however, it skews large, putting a lot of weight in companies we consider small-caps. Its beta indicates that the fund is relatively volatile compared with the broad US micro-cap market. Still, it provides decent coverage of the space overall. Holdings costs are likely to be lower than the stated expense ratio, thanks to smart portfolio management that tends to recover a sizeable chunk. A solid choice for this hard to reach area of the market.

IWC MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 01/19/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IWC -3.75% -9.86% -6.41% 0.77% 14.33% 10.26% 12.12%
IWC (NAV) -5.19% -11.65% -7.94% -2.86% 13.74% 10.15% 11.92%
Russell Microcap -5.15% -11.56% -7.92% -2.41% 13.98% 10.36% 12.06%
MSCI USA Micro Cap Index -4.53% -12.76% -6.85% -0.39% 18.37% 12.42% 13.04%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IWC Summary Data

Blackrock
iShares
08/12/05
Open-Ended Fund
0.60%
$1.16B
$10.35M
0.26%

IWC Portfolio Data

$805.92M
-21.44
1.99
0.84%
03/24/22
1,743

IWC Index Data

Russell Microcap
Market Cap
Market Cap
MSCI USA Micro Cap Index

IWC Portfolio Management

0.60%
-0.33%
0.22%
-0.65%

IWC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IWC Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

IWC Factset Analytics Block Liquidity

As of 01/20/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IWC. IWC is rated a 5 out of 5.

IWC Tradability

73,655
$10.35M
66,711
$8.98M
0.26%
$0.36
0.03%
0.21% / -0.22%
None
90.00%
50,000
1.33
0.04%
0.33%
1,299
$128.75
5

IWC Sector/Industry Breakdown


IWC
Segment Benchmark
23.90%
26.09%
22.68%
19.84%
11.70%
12.35%
10.82%
9.15%
9.30%
8.23%
5.14%
5.05%
3.64%
2.85%
2.27%
2.01%
0.87%
0.51%
0.79%
0.82%

IWC Countries


IWC
Segment Benchmark
99.56%
99.92%
0.42%
--
0.03%
0.08%

IWC Regions


IWC
Segment Benchmark
99.97%
99.92%
0.03%
0.08%

IWC Economic Development


IWC
Segment Benchmark
100.00%
100.00%

IWC Performance Statistics

0.90
0.90
0.84
0.91
0.54%
MSCI USA Micro Cap Index

IWC Benchmark Comparison Holdings

1,743
1134
1,048
33.97%

IWC Benchmark Comparison Summary


IWC
Segment Benchmark
1,743
1134
$805.92M
$332.02M
-21.44
-8.16
1.99
1.68
1.00%
1.19%
Low
Low

IWC Benchmark Comparison Market Cap Size


IWC
Segment Benchmark
0.00%
0.00%
1.88%
0.00%
54.69%
10.48%
43.43%
89.52%

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