About IWP ETF
IWP is a solid representation of mid cap growth and selects stocks from the 800-smallest Russell 1,000 companies and is managed by BlackRock that has an AUM of $6.2T. The fund invests at least 90% of its assets in stocks of the underlying index. The fund uses forecast earnings growth and historical sales/share growth to select stocks. It provides exposure to medium sized U.S. companies whose earnings are expected to grow at an above-average rate relative to the market. The Top 5 Mid-Cap Growth ETFs (VOT, IWP) https://www.investopedia.com/articles/investing/010416/top-5-midcap-growth-etfs-2016-vot-iwp.asp 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. How did we identify this ETF: A complete pool of 2100+ ETFs are 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. The IWP ETF fee is mid-range among its peers but combined with its strong liquidity and tight index tracking it makes for a very competitive overall cost package. 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.
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| Blackrock Midcap ETF | 3.66% | 62.32% | 21.61% | 19.32% | 14.35% |
Asset Class
Asset type breakdown
IWP Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| KLA Corporation | 1.41% | |
| Twilio Inc | 1.37% | |
| Align Technology, Inc | 1.29% | |
| Moderna, Inc | 1.29% | |
| IDEXX Laboratories, Inc | 1.28% | |
| Roku, Inc | 1.26% | |
| DocuSign, Inc | 1.18% | |
| Spotify Technology S.A | 1.18% | |
| Chipotle Mexican Grill, Inc | 1.17% | |
| Cadence Design Systems, Inc | 1.14% |
IWP Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 35.75% | |
| Healthcare | 20.98% | |
| Industrials | 11.60% | |
| Consumer Cyclicals | 11.56% | |
| Communication Services | 7.78% | |
| Consumer Defensive | 4.28% | |
| Financial Services | 3.47% | |
| Real Estate | 2.65% | |
| Basic Materials | 1.32% | |
| Energy | 0.50% | |
| Utilities | 0.09% |
IWP Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 99.41% | |
| Latin America | 0.38% | |
| Asia Emerging | 0.14% | |
| Europe Developed | 0.08% |
Projected Returns
Returnsbased on historic SIP returns of 11.17% per annum
IWP Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | IWP | |
| Exchange | ARCX | |
| ISIN | US4642874816 |
| Cat. Benchmark | S&P 500 TR USD | |
| Asset class | Equity | |
| Category | Mid-Cap Growth | |
| Country | US |
IWP Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.24 | i |
| Beta | 1.1 | i |
| Valuations Rates Portfolio PE | 30.36134 | i |
| 3 Year Standard Deviation | 21.55 | i |
Fund Strategy
iShares Russell Mid-Cap Growth ETF executes as an exchange-traded fund enlisted in the USA. The ETF tracks the investment results of the Russell Midcap Growth Index. The ETF primarily consists of mid-cap US companies with a higher price to book ratios and forecasted growth. The ETF weights its holdings using a representative sampling indexing strategy, generally investing at least 90% of assets in the index.
IWP Fact Sheets & Reports
About iShares by Blackrock
"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.
