#Ishare growth etf free#
The Vanguard Mid-Cap ETF ( VO Quick Quote VO - Free Report) and the iShares Core S&P Mid-Cap ETF ( IJH Quick Quote IJH - Free Report) track a similar index.
Investors might also want to consider some other ETF options in the space. Thus, IMCB is a reasonable option for those seeking exposure to the Style Box - Mid Cap Blend area of the market. IShares Morningstar Mid-Cap ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. With about 508 holdings, it effectively diversifies company-specific risk. The ETF has a beta of 1.06 and standard deviation of 20.39% for the trailing three-year period. In the past 52-week period, it has traded between $53.66 and $65.42. The ETF return is roughly 1.34% so far this year and it's up approximately 0.92% in the last one year (as of ). The Morningstar US Mid Cap Index comprises of mid-capitalization U.S.
IMCB seeks to match the performance of the MORNINGSTAR US MID CAP INDEX before fees and expenses. The top 10 holdings account for about 5.42% of total assets under management. Looking at individual holdings, Microchip Technology Inc ( MCHP Quick Quote MCHP - Free Report) accounts for about 0.59% of total assets, followed by Msci Inc ( MSCI Quick Quote MSCI - Free Report) and Arista Networks Inc ( ANET Quick Quote ANET - Free Report). Information Technology and Financials round out the top three. This ETF has heaviest allocation to the Industrials sector-about 17.40% of the portfolio. Most ETFs are very transparent products and many disclose their holdings on a daily basis. It has a 12-month trailing dividend yield of 1.72%.ĮTFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Thus, companies that fall under this category provide a stable and growth-heavy investment.īlend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics.Įxpense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.Īnnual operating expenses for this ETF are 0.04%, making it the least expensive products in the space. They usually have higher growth prospects than large cap companies and are less volatile than small cap companies. Mid cap companies have market capitalization between $2 billion and $10 billion. It has amassed assets over $713.83 million, making it one of the average sized ETFs attempting to match the Mid Cap Blend segment of the US equity market.
The iShares Morningstar Mid-Cap ETF ( IMCB Quick Quote IMCB - Free Report) was launched on, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Blend segment of the US equity market.
0 kommentar(er)
