iShares Russell Mid-Cap Value ETF (IWS)

ETF iShares Russell Mid-Cap Value ETF (IWMV)

Profile

Primary Focus: Mid-cap value stocks within the Russell Midcap® Index. Asset Allocation: Primarily invested in equity securities of mid-sized companies with value characteristics. Investment Strategy: Seeks to track the investment results of the Russell Midcap® Value Index, which measures the performance of a subset of the Russell Midcap® Index.

Objective

The primary investment goal of IWMV is to provide long-term capital appreciation through exposure to a diversified portfolio of mid-cap value stocks.

Issuer

BlackRock, Inc.

Reputation and Reliability: BlackRock is the world's largest asset manager, with a strong track record and reputation for managing various investment products.

Management: The ETF is managed by a team of experienced portfolio managers with expertise in indexing and passively managed investment strategies.

Market Share

IWMV is the largest ETF in the mid-cap value space, with over $12 billion in assets under management.

Total Net Assets

$12.64 billion (as of October 26, 2023)

Moat

Competitive Advantages:

• Size and scale: IWMV's large size allows for lower expense ratios and greater liquidity.
• Track record: The ETF has a long and successful history of tracking its benchmark index.
• Diversification: The ETF provides exposure to a wide range of mid-cap value stocks, reducing single-stock risk.

Financial Performance

Historical Performance:

• 1-year return: 14.52%
• 3-year return: 10.65%
• 5-year return: 9.31%

Benchmark Comparison:

IWMV has consistently outperformed its benchmark, the Russell Midcap® Value Index, over the past 3 and 5 years.

Growth Trajectory

The mid-cap value segment is expected to grow in line with the overall market, offering potential for long-term capital appreciation.

Liquidity

Average Trading Volume: 3.5 million shares per day Bid-Ask Spread: 0.02%

Market Dynamics

Factors affecting IWMV's market environment include:

• Economic growth: A strong economy can lead to higher corporate profits and increased investor demand for value stocks.
• Interest rates: Rising interest rates can negatively impact value stocks, as they tend to be more sensitive to changes in the cost of capital.
• Market volatility: Increased market volatility can lead to higher trading costs and lower liquidity for the ETF.

Competitors

• iShares S&P MidCap 400 Value ETF (IJJ) - Market share: 15%
• Vanguard Mid-Cap Value ETF (VOE) - Market share: 10%
• Schwab Mid-Cap Value ETF (SCHM) - Market share: 5%

Expense Ratio

0.17% per year

Investment Approach and Strategy

Strategy: IWMV is a passively managed ETF that tracks the Russell Midcap® Value Index.

Composition: The ETF holds a diversified portfolio of mid-cap value stocks, with holdings spread across various sectors, including financials, industrials, and healthcare.

Key Points

• Largest ETF in the mid-cap value space.
• Long and successful track record of outperforming its benchmark.
• Well-diversified portfolio of mid-cap value stocks.
• Low expense ratio.

Risks

• Market risk: The ETF is subject to market fluctuations, which can lead to losses.
• Value style risk: Value stocks can underperform growth stocks during certain market environments.
• Mid-cap stock risk: Mid-cap stocks are generally more volatile than large-cap stocks.

Who Should Consider Investing

Investors seeking long-term capital appreciation through exposure to a diversified portfolio of mid-cap value stocks should consider IWMV. This ETF is suitable for investors with a moderate risk tolerance and a long-term investment horizon.

Fundamental Rating Based on AI

8.5/10

IWMV receives a high rating based on its strong track record, low expense ratio, and well-diversified portfolio. However, investors should be aware of the risks associated with value investing and mid-cap stocks.

Resources and Disclaimers

Resources:

• iShares Russell Mid-Cap Value ETF (IWMV) Fact Sheet: https://www.ishares.com/us/products/etf-mutual-funds/product-detail?銘柄=IWMV
• Morningstar ETF Report: https://www.morningstar.com/etfs/arcx/iwmv/quote

Disclaimer: This information is for informational purposes only and should not be considered investment advice. Investing involves risk, and the value of investments can fluctuate. Please consult with a financial professional before making any investment decisions.