About IJR ETF
The BlackRock SP Small Cap ETF (IJR) is one of the strongest offerings in US small cap segments and invests in small-capitalization U.S. equities and is managed by BlackRock that has a total AUM of $6.28T.
IJR is an exchange-traded fund incorporated in the USA in May 2000. IJR is strongest offerings in the US small-cap segment.
About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.
The ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities.
IJR has invested in Industrials (19%), Financials (16%), Technology (15%), Consumer Cyclical (14%), and Healthcare (12%).
IJR has invested 100% of its assets in the U.S.
IJR holds just a few of the names in the neutral benchmark index, giving the fund an appearance of being under-diversified. However, the fund reflects the market accurately in both performance and coverage. IJR's avoidance of the most illiquid small-cap names explain its strong liquidity.
According to ETFdb.com, "The investment thesis behind a small cap investment is the growth factor that comes along with these securities."
1. Fund Factsheet
2. Small-Cap ETFs Face Off: IWM Versus IJR
3. The Top 5 Small-Cap Core ETFs for 2016 (VTWO, IJR)
4. Sometimes, Less Is More With Small-Cap Stocks
How did we identify this ETF:
A complete pool of 2100+ ETFs is screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R - squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. IJK has a huge asset base, trades with deep liquidity, and has one of the lowest expense ratios. Moreover, realized holding costs have typically been even cheaper than the headline fee. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.