iShares Russell Midcap ETF
ALTAR
Score™
5.1% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
31.3x P/Sales
ratio
1.9x
P/BV
ratio
2.8x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Russell Midcap Index Fund seeks investment results that correspond to the performance of the Russell Midcap Index. The Index is a capitalization-weighted index consisting of the 800 sm

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jul 17, 2001
Assets (mns) $23,189
Currency USD
Expense ratio 19 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 817
Wgt avg mkt cap (mns) $16,883
Large cap (>$10bn) 70.4%
Mid cap ($2-10bn) 28.1%
Small cap (<$2bn) 0.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TWILIO, INC. CLASS A 0.5 %
DOCUSIGN, INC. 0.5 %
LULULEMON ATHLETICA INC 0.4 %
IDEXX LABORATORIES INC 0.4 %
KLA-TENCOR CORPORATION 0.4 %
AMPHENOL CORP-CL A 0.4 %
IHS MARKIT LTD. 0.4 %
VEEVA SYSTEMS INC-CLASS A 0.4 %
XCEL ENERGY INC 0.4 %
CHIPOTLE MEXICAN GRILL-CL A 0.4 %
Total 4.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.0 %
IRELAND 1.8 %
BRITAIN 1.7 %
BERMUDA 0.9 %
LUXEMBOURG 0.5 %
CHINA 0.3 %
SWITZERLAND 0.2 %
BRAZIL 0.1 %
NETHERLANDS 0.1 %
PUERTO RICO 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.9% 3.9% 8.8% 11.2% 9.2%

Market Correlations
versus... Beta R-squared
S&P500 1.11 91%
MSCI EAFE 1.16 82%
MSCI Emg. Mkts. 0.86 71%

Technical Indicators
Recent close $64.53
30d moving avg. $61.43
Annualized volatility 20.7%
Short interest (ETF) 0.3%
Short interest (Underlying) 4.7%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 1,209
Turnover 0.3%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $79,298

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Russell Midcap ETF ETF based on the alternatives' overlap in portfolio holdings with IWR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWR Expense: 19 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWR
Ticker Fund
Name
Overlap1
vs IWR
(%)
Expense
ratio
(bp)
Savings
vs IWR
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWR
(%)
BKMC BNY Mellon US Mid Cap Core Equity ETF 78.6 4 15 4.9 -0.2
JHMM John Hancock Multifactor Mid Cap ETF 69.1 42 -23 5.1 +0.1
IWS iShares Russell Mid-Cap Value ETF 68.5 24 -5 6.4 +1.3
VO Vanguard Mid-Cap Index Fund 60.0 4 15 4.8 -0.2
SIZE iShares MSCI USA Size Factor ETF 57.3 15 4 5.6 +0.5
ONEO SPDR Russell 1000 Momentum Focus ETF 57.2 20 -1 6.0 +0.9
EUSA iShares MSCI USA Equal Weighted ETF 56.6 15 4 5.7 +0.6
EQAL Invesco Russell 1000 Equal Weight ETF 53.5 20 -1 5.4 +0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 53.5 9 10 5.5 +0.5
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 53.2 17 2 6.0 +0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 50.9 24 -5 5.7 +0.6
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 49.7 29 -10 6.3 +1.2
ONEV SPDR Russell 1000 Low Volatility Focus ETF 49.4 20 -1 6.5 +1.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 49.0 35 -16 5.4 +0.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 49.0 35 -16 5.4 +0.3
RSP Invesco S&P 500 Equal Weight ETF 49.0 20 -1 6.0 +0.9
TPLC Timothy Plan US Large Cap Core ETF 44.3 52 -33 4.7 -0.4
IWP iShares Russell Mid-Cap Growth ETF 43.0 24 -5 2.9 -2.2
TUSA First Trust Total US Market AlphaDEX ETF 42.5 70 -51 5.5 +0.4
FEX First Trust Large Cap Core AlphaDEX Fund 41.7 60 -41 5.1 0.0
RVRS Reverse Cap Weighted U.S. Large Cap ETF 41.3 29 -10 6.7 +1.6
JHML John Hancock Multifactor Large Cap ETF 40.2 29 -10 5.2 +0.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 39.6 15 4 6.3 +1.2
STMB iShares Factors US Mid Blend Style ETF 39.4 30 -11 5.3 +0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 38.4 30 -11 6.2 +1.1
VXF Vanguard Extended Market Index Fund 38.0 6 13 3.0 -2.1
SCHM Schwab U.S. Mid-Cap ETF 35.8 4 15 5.5 +0.4
VONV Vanguard Russell 1000 Value Index Fund 35.3 8 11 6.6 +1.5
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 34.5 35 -16 5.2 +0.1
IWD iShares Russell 1000 Value ETF 34.4 19 0 6.4 +1.3
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 34.2 17 2 6.4 +1.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 33.5 18 1 5.9 +0.8
RNLC Large Cap US Equity Select ETF 33.3 60 -41 5.6 +0.6
VOE Vanguard Mid-Cap Value Index Fund 32.9 7 12 7.0 +1.9
SMMD iShares Russell 2500 ETF 32.8 15 4 5.3 +0.2
JMOM JPMorgan U.S. Momentum Factor ETF 32.5 12 7 3.3 -1.8
VB Vanguard Small-Cap ETF 32.5 5 14 5.0 -0.1
RBUS Nationwide Risk-Based U.S. Equity ETF 32.4 30 -11 4.8 -0.3
AVUS Avantis U.S. Equity ETF 32.0 15 4 5.2 +0.2
VOT Vanguard Mid-Cap Growth Index Fund 31.3 7 12 2.9 -2.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 31.1 60 -41 6.0 +0.9
FAB First Trust Multi Cap Value AlphaDEX Fund 30.5 71 -52 8.6 +3.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 30.2 9 10 5.3 +0.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 30.1 29 -10 5.3 +0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 30.0 66 -47 2.0 -3.1
SCHV Schwab U.S. Large-Cap Value ETF 29.9 4 15 6.4 +1.3
JKH iShares Morningstar Mid-Cap Growth ETF 28.6 30 -11 1.9 -3.2
JVAL JPMorgan U.S. Value Factor ETF 28.4 12 7 7.7 +2.6
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 28.3 30 -11 5.3 +0.2
IUSV iShares Core S&P U.S. Value ETF 28.2 4 15 7.0 +1.9
ESGV Vanguard ESG U.S. Stock ETF 28.1 12 7 4.8 -0.3
JKG iShares Morningstar Mid-Cap ETF 27.6 25 -6 5.0 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 27.4 39 -20 6.3 +1.2
SFYX Sofi Next 500 ETF 27.4 0 19 5.4 +0.3
VLU SPDR S&P 1500 Value Tilt ETF 27.3 12 7 6.7 +1.6
VOOV Vanguard S&P 500 Value ETF 27.1 10 9 6.9 +1.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 26.8 25 -6 6.2 +1.1
IWB iShares Russell 1000 ETF 26.0 15 4 4.8 -0.3
ROUS Hartford Multifactor US Equity ETF 25.8 19 0 6.2 +1.1
BFOR Barron's 400 ETF 25.8 65 -46 6.2 +1.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 25.8 25 -6 6.2 +1.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 25.7 75 -56 4.0 -1.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 25.6 7 12 4.7 -0.3
FTC First Trust Large Cap Growth AlphaDEX Fund 25.5 61 -42 2.4 -2.7
ETHO Etho Climate Leadership U.S. ETF 25.3 47 -28 4.1 -1.0
SPYV SPDR Portfolio S&P 500 Value ETF 25.3 4 15 6.9 +1.9
IVE iShares S&P 500 Value ETF 25.3 18 1 6.8 +1.7
IYY iShares Dow Jones U.S. ETF 25.2 20 -1 4.7 -0.4
VTHR Vanguard Russell 3000 Index Fund 25.2 10 9 4.7 -0.4
MXDU Nationwide Maximum Diversification US Core Equity ETF 25.1 34 -15 4.5 -0.6
SCHK Schwab 1000 Index ETF 24.8 5 14 4.9 -0.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 24.7 29 -10 8.2 +3.2
ONEY SPDR Russell 1000 Yield Focus ETF 24.7 20 -1 7.9 +2.9
IUS Invesco Strategic US ETF 24.6 19 0 5.9 +0.8
EXT WisdomTree U.S. Total Earnings Fund 24.6 28 -9 5.3 +0.2
IWV iShares Russell 3000 ETF 24.5 20 -1 4.6 -0.5
SCHB Schwab U.S. Broad Market ETF 24.3 3 16 4.8 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 24.3 3 16 4.8 -0.3
USXF iShares ESG Advanced MSCI USA ETF 24.1 10 9 4.7 -0.4
VFQY Vanguard U.S. Quality Factor ETF 24.0 13 6 6.0 +0.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 23.8 25 -6 5.8 +0.7
SCHX Schwab U.S. Large-Cap ETF 23.8 3 16 4.9 -0.2
VONE Vanguard Russell 1000 ETF 23.7 8 11 4.9 -0.2
JKI iShares Morningstar Mid-Cap Value ETF 23.5 30 -11 8.0 +3.0
VTI Vanguard Total Stock Market Index Fund 23.4 3 16 4.8 -0.3
REVS Columbia Research Enhanced Value ETF 23.4 19 0 7.3 +2.2
QUS SPDR MSCI USA StrategicFactors ETF 23.2 15 4 5.5 +0.5
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 23.1 20 -1 7.2 +2.1
AFLG First Trust Active Factor Large Cap ETF 23.1 55 -36 5.0 -0.1
JQUA JPMorgan U.S. Quality Factor ETF 23.1 12 7 5.2 +0.1
VTV Vanguard Value Index Fund 22.9 4 15 6.9 +1.8
RECS Columbia Research Enhanced Core ETF 22.8 15 4 5.4 +0.3
BLES Inspire Global Hope Large Cap ETF 22.7 52 -33 5.9 +0.9
FTA First Trust Large Cap Value AlphaDEX Fund 22.7 60 -41 7.9 +2.8
FLQL Franklin LibertyQ U.S. Equity ETF 22.6 15 4 5.9 +0.8
USDY Pacific Global US Equity Income ETF 22.2 29 -10 7.7 +2.6
JMIN JPMorgan U.S. Minimum Volatility ETF 22.2 12 7 5.3 +0.2
RWL Invesco S&P 500 Revenue ETF 22.0 39 -20 6.7 +1.6
DTD WisdomTree U.S.Total Dividend Fund 21.8 28 -9 6.3 +1.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Russell Midcap ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.7 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.