MIDFiShares MSCI USA Mid-Cap Multifactor ETF
MIDF Fund Description
MIDF tracks a multi-factor-selected and -weighted index of US midcaps.
MIDF Factset Analytics Insight
MIDF utilizes a multi-factor strategy aimed at the specific slice of the market that is US midcaps. The fund weights four factors in selecting and weighting its constituents: value, quality, momentum, and low size. In measuring the value factor, the fund uses ratios including earnings-to-share price, cash earnings-to-share price, and book value-to-share price. In evaluating quality, MIDF looks at growth metrics, leverage ratios, and earnings variable. Momentum looks at sustained relative performance against the global market over the last two years. Lastly, low size looks at market-cap of a company versus other eligible firms. The index constituents are rebalanced semi-annually for enhanced exposure to four style factors while keeping its expected risks in line with the MSCI USA Mid Cap Index (parent index). With its midcap coverage, MIDF can be used as a complement to LRGF and SMLF which instead focuses on US total market and small-caps respectively.
MIDF MSCI ESG Analytics Insight
iShares MSCI USA Mid-Cap Multifactor ETF has an MSCI ESG Fund Rating of A based on a score of 6.62 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 MSCI USA Mid-Cap Multifactor ETF ranks in the 65th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
MIDF 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.
MIDF Summary Data
MIDF Portfolio Data
MIDF Index Data
MIDF Portfolio Management
MIDF Tax Exposures
MIDF Fund Structure
MIDF Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MIDF. MIDF is rated a 4 out of 5.
MIDF Sector/Industry Breakdown
MIDF Top 10 Holdings[View All]
MIDF Economic Development
MIDF Performance Statistics
MIDF MSCI ESG Ratings
MIDF Benchmark Comparison Summary
MIDF Benchmark Comparison Market Cap Size