IWC

iShares Micro-Cap ETF
B

79
*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 offers size and liquidity in a segment where both of those elements are wanting. It takes a plain vanilla, market-cap-weighted view of the micro-cap segment. 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. The real draw for IWC is its liquidity: retail traders will find a fund that trades in high volume each day at thin spreads, and block liquidity is excellent for larger investors. The catch is that IWC charges a rather high, but competitive, fee for the micro-cap space. Holdings costs are likely to be lower, however, thanks to smart management that recovers a sizeable chunk of the fund's expense ratio.

IWC MSCI ESG Analytics Insight

iShares Micro-Cap ETF has an MSCI ESG Fund Rating of BB based on a score of 2.92 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Micro-Cap ETF ranks in the 7th percentile within its peer group and in the 4th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IWC CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/25/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IWC -0.65% -0.83% 10.33% -15.61% 10.48% 5.23% 11.74%
IWC (NAV) -1.05% -1.54% 10.12% -14.61% 10.32% 5.00% 12.01%
Russell Microcap -1.02% -1.54% 10.22% -14.47% 10.46% 5.02% 12.01%
MSCI USA Micro Cap Index -2.20% -2.21% 11.07% -16.66% 9.81% 3.46% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IWC Top 10 Countries

IWC Top 10 Sectors

IWC Top 10 Holdings [View All]

IWC Summary Data

Blackrock
iShares
08/12/05
Open-Ended Fund
0.60%
$855.76M
$4.26M
0.18%

IWC Portfolio Data

$666.16M
-31.83
1.94
1.24%
09/24/19
1423

IWC Index Data

Russell Microcap
Market Cap
Market Cap
MSCI USA Micro Cap Index

IWC Portfolio Management

0.60%
-0.11%
0.06%
-0.21%

IWC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IWC Fund Structure

Open-Ended Fund
No
Yes
72% / 29%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

IWC Factset Analytics Block Liquidity

As of 06/26/19
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

46,180
$4.26M
36,866
$3.35M
0.18%
$0.16
-0.03%
0.51% / -0.49%
None
100.00%
50,000
0.74
0.07%
0.38%
100
$90.24
5

IWC Sector/Industry Breakdown


IWC
Segment Benchmark
25.26%
27.10%
18.47%
17.08%
11.66%
9.68%
10.53%
7.49%
9.10%
12.11%
3.75%
4.14%
3.62%
2.44%
3.45%
2.08%
1.37%
1.28%
0.89%
0.19%

IWC Countries


IWC
Segment Benchmark
99.85%
99.99%
0.15%
0.01%

IWC Regions


IWC
Segment Benchmark
100.00%
100.00%

IWC Economic Development


IWC
Segment Benchmark
100.00%
100.00%

IWC Performance Statistics

0.95
1.05
1.03
1.08
0.28%
MSCI USA Micro Cap Index

IWC MSCI ESG Ratings

BB
2.92 / 10
4.26
7.16
2.15%
3.87%
77.67

IWC BENCHMARK COMPARISON HOLDINGS

1423
942
791
28.58%

IWC BENCHMARK COMPARISON SUMMARY


IWC
Segment Benchmark
1423
942
$666.16M
$282.28M
-31.83
-10.00
1.94
1.76
1.20%
1.10%
Low
Low

IWC BENCHMARK COMPARISON MARKET CAP SIZE


IWC
Segment Benchmark
0.00%
0.00%
0.81%
0.00%
44.56%
4.50%
54.63%
95.50%

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