SIZE

iShares Edge MSCI U.S.A. Size Factor ETF
*Unless otherwise stated, data provided by FactSet.

SIZE Fund Description

SIZE tracks an index of large- and midcap US stocks. Holdings are weighted by the inverse of the natural log of their market capitalization.

SIZE Factset Analytics Insight

SIZE provides total-market exposure that’s flipped on its head. The fund’s novel weighting method allocates larger positions to the smallest firms from its large- and midcap parent index (a less comprehensive version of our MSCI benchmark index). However, the methodology’s natural log weighting function produces muted results compared to a simple inversion—SIZE resembles an equal-weighted portfolio with a slight boost given to smaller firms. In addition to this small-size tilt, inverse weighting is likely to produce significant sector tilts relative to the parent index. Turnover is a potential concern: The fund’s top holdings can change often, as market movements and corporate actions push smaller midcap firms in and out of the large/mid universe, and the contrarian strategy requires SIZE to sell winners and buy losers at each semi-annual rebalance. Prior to December 3, 2018, SIZE tracked an index of US stocks weighted to favor low-volatility issues.

SIZE MSCI ESG Analytics Insight

iShares Edge MSCI U.S.A. Size Factor ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.96 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 Edge MSCI U.S.A. Size Factor ETF ranks in the 39th percentile within its peer group and in the 21st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SIZE 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.

SIZE Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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  • 5 Years
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PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SIZE 0.90% 6.85% 23.93% 10.54% 12.10% 9.47% --
SIZE (NAV) 0.96% 6.22% 24.74% 14.77% 12.27% 9.62% --
MSCI USA Low Size Index -- -- -- -- -- -- --
MSCI USA IMI 1.43% 6.59% 26.33% 17.23% 14.11% 10.46% 13.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SIZE Summary Data

Blackrock
iShares
04/16/13
Open-Ended Fund
0.15%
$1.50B
$25.47M
0.04%

SIZE Portfolio Data

$44.12B
26.32
2.73
1.53%
12/26/19
643

SIZE Index Data

MSCI USA Low Size Index
Inverse Market Cap
Market Cap
MSCI USA IMI

SIZE Portfolio Management

0.15%
--
--
--

SIZE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SIZE 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 -

SIZE Factset Analytics Block Liquidity

As of 12/05/19
5
4
3
2
1

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

SIZE Tradability

271,363
$25.47M
37,588
$3.54M
0.04%
$0.04
0.00%
0.12% / -0.39%
None
100.00%
50,000
0.75
0.04%
0.01%
12
$94.45
5

SIZE Sector/Industry Breakdown


SIZE
Segment Benchmark
20.86%
17.35%
15.93%
13.27%
15.40%
26.01%
14.90%
10.76%
11.28%
13.51%
5.81%
6.61%
5.15%
2.88%
5.07%
3.33%
4.41%
4.20%
1.18%
2.06%

SIZE Countries


SIZE
Segment Benchmark
99.85%
99.92%
0.15%
0.08%

SIZE Regions


SIZE
Segment Benchmark
100.00%
100.00%

SIZE Economic Development


SIZE
Segment Benchmark
100.00%
100.00%

SIZE Performance Statistics

0.97
0.99
0.97
0.97
0.15%
MSCI USA IMI

SIZE MSCI ESG Ratings

4.96 / 10
21.18
38.72
6.78%
5.71%
278.32

SIZE Benchmark Comparison Holdings

643
2398
626
47.44%

SIZE Benchmark Comparison Summary


SIZE
Segment Benchmark
643
2398
$44.12B
$222.04B
26.32
25.02
2.73
3.25
1.79%
1.79%
Low
Low

SIZE Benchmark Comparison Market Cap Size


SIZE
Segment Benchmark
67.58%
82.85%
32.32%
13.03%
0.10%
3.75%
0.00%
0.37%