iShares Russell Mid-Cap Value ETF
ALTAR
Score™
6.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
22.2x P/Sales
ratio
1.3x
P/BV
ratio
1.6x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Russell Midcap Value Index Fund seeks investment results that correspond generally to the price and yield performance of the Russell MidcapValue Index. The Fund uses a Representative s

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jul 24, 2001
Assets (mns) $10,123
Currency USD
Expense ratio 24 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 634
Wgt avg mkt cap (mns) $14,025
Large cap (>$10bn) 59.9%
Mid cap ($2-10bn) 38.5%
Small cap (<$2bn) 1.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NEWMONT MINING CORP 1.2 %
DIGITAL REALTY TRUST INC 1.0 %
SEMPRA ENERGY 0.9 %
XCEL ENERGY INC 0.9 %
WEC ENERGY GROUP INC 0.7 %
EVERSOURCE ENERGY 0.7 %
WILLIS TOWERS WATSON PUBLIC LIMITE 0.7 %
KROGER CO 0.7 %
ZIMMER HOLDINGS INC 0.7 %
PUBLIC SERVICE ENTERPRISE GP 0.7 %
Total 8.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.1 %
BRITAIN 1.6 %
IRELAND 1.4 %
BERMUDA 1.3 %
SWITZERLAND 0.4 %
NETHERLANDS 0.3 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.1 %
CHINA 0.1 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.0% -7.1% 2.3% 9.2% 9.5%

Market Correlations
versus... Beta R-squared
S&P500 1.19 91%
MSCI EAFE 1.25 86%
MSCI Emg. Mkts. 0.93 72%

Technical Indicators
Recent close $80.69
30d moving avg. $72.55
Annualized volatility 21.2%
Short interest (ETF) 0.4%
Short interest (Underlying) 4.2%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 1,032
Turnover 0.8%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $68,110

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Russell Mid-Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with IWS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWS Expense: 24 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWS
Ticker Fund
Name
Overlap1
vs IWS
(%)
Expense
ratio
(bp)
Savings
vs IWS
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWS
(%)
IWR iShares Russell Midcap ETF 60.4 19 5 5.6 -1.4
JHMM John Hancock Multifactor Mid Cap ETF 54.9 44 -20 5.6 -1.3
VO Vanguard Mid-Cap Index Fund 50.2 4 20 5.4 -1.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 46.7 24 0 5.9 -1.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 46.4 20 4 6.8 -0.1
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 45.2 29 -5 6.5 -0.5
EQAL Invesco Russell 1000 Equal Weight ETF 43.8 20 4 4.9 -2.0
ONEO SPDR Russell 1000 Momentum Focus ETF 42.3 20 4 6.4 -0.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 42.1 17 7 6.4 -0.6
RVRS Reverse Cap Weighted U.S. Large Cap ETF 40.9 29 -5 7.0 +0.1
EUSA iShares MSCI USA Equal Weighted ETF 40.9 15 9 6.0 -1.0
VOE Vanguard Mid-Cap Value Index Fund 40.7 7 17 7.6 +0.7
SIZE iShares Edge MSCI USA Size Factor ETF 40.6 15 9 5.8 -1.1
RSP Invesco S&P 500 Equal Weight ETF 40.6 20 4 6.6 -0.3
SCHM Schwab U.S. Mid-Cap ETF 38.9 4 20 6.2 -0.8
SCIU Global X Scientific Beta US ETF 38.5 19 5 5.7 -1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 37.3 9 15 5.8 -1.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 36.4 35 -11 5.7 -1.2
JKI iShares Morningstar Mid-Cap Value ETF 35.5 30 -6 9.1 +2.2
ONEY SPDR Russell 1000 Yield Focus ETF 34.8 20 4 8.0 +1.1
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 33.8 35 -11 5.7 -1.2
SMMD iShares Russell 2500 ETF 33.5 15 9 5.4 -1.6
JKG iShares Morningstar Mid-Cap ETF 32.7 25 -1 5.9 -1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 32.2 19 5 6.1 -0.8
IWD iShares Russell 1000 Value ETF 32.1 19 5 6.9 -0.1
VONV Vanguard Russell 1000 Value Index Fund 31.9 8 16 7.0 +0.0
FAB First Trust Multi Cap Value AlphaDEX Fund 31.8 71 -47 8.9 +1.9
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 31.0 17 7 6.8 -0.2
TPLC Timothy Plan US Large Cap Core ETF 30.8 52 -28 5.3 -1.6
RNLC Large Cap US Equity Select ETF 30.4 60 -36 6.0 -0.9
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 30.2 15 9 6.6 -0.3
TUSA First Trust Total US Market AlphaDEX ETF 29.9 70 -46 5.9 -1.1
PVAL Principal Contrarian Value Index ETF 29.7 29 -5 7.2 +0.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 28.8 20 4 7.5 +0.5
FEX First Trust Large Cap Core AlphaDEX Fund 28.8 60 -36 5.9 -1.0
JVAL JPMorgan U.S. Value Factor ETF 28.2 12 12 8.5 +1.6
DON WisdomTree U.S. MidCap Dividend Fund 28.1 38 -14 7.4 +0.4
VB Vanguard Small-Cap ETF 27.6 5 19 5.4 -1.6
VXF Vanguard Extended Market Index Fund 27.3 7 17 3.8 -3.2
SFYX Sofi Next 500 ETF 26.8 0 24 5.9 -1.1
JHML John Hancock Multifactor Large Cap ETF 26.4 34 -10 5.5 -1.5
REVS Columbia Research Enhanced Value ETF 26.4 19 5 7.4 +0.4
JDIV JPMorgan U.S. Dividend ETF 26.2 12 12 7.7 +0.8
FTA First Trust Large Cap Value AlphaDEX Fund 25.4 60 -36 8.6 +1.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 25.3 30 -6 6.6 -0.3
JMIN JPMorgan U.S. Minimum Volatility ETF 25.3 12 12 5.8 -1.2
IYF iShares U.S. Financials ETF 25.1 42 -18 6.7 -0.2
VLU SPDR S&P 1500 Value Tilt ETF 23.8 12 12 7.1 +0.2
ROUS Hartford Multifactor US Equity ETF 23.8 19 5 7.1 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 23.6 39 -15 6.6 -0.3
RNDV US Equity Dividend Select ETF 23.5 50 -26 7.4 +0.5
IUSV iShares Core S&P U.S. Value ETF 22.9 4 20 7.2 +0.3
RBUS Nationwide Risk-Based U.S. Equity ETF 22.8 30 -6 5.1 -1.9
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 22.6 35 -11 5.8 -1.1
USDY Pacific Global US Equity Income ETF 22.5 29 -5 7.5 +0.5
AVUS Avantis U.S. Equity ETF 22.2 15 9 5.7 -1.2
LRGF iShares Edge MSCI Multifactor USA ETF 22.2 20 4 6.9 -0.0
VFVA Vanguard U.S. Value Factor ETF 22.0 13 11 11.2 +4.2
RNMC Mid Cap US Equity Select ETF 21.4 60 -36 7.5 +0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 21.3 25 -1 6.4 -0.6
SCHV Schwab U.S. Large-Cap Value ETF 20.9 4 20 6.9 -0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 20.7 25 -1 6.4 -0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 20.7 29 -5 6.1 -0.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 20.5 34 -10 5.2 -1.7
FVD First Trust Value Line Dividend Index Fund 20.4 70 -46 6.1 -0.9
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 20.3 20 4 9.1 +2.1
IVE iShares S&P 500 Value ETF 20.1 18 6 7.0 +0.1
VALQ American Century STOXX U.S. Quality Value ETF 20.1 29 -5 8.6 +1.7
SPYV SPDR Portfolio S&P 500 Value ETF 20.1 4 20 7.2 +0.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 20.1 7 17 5.4 -1.5
VOOV Vanguard S&P 500 Value ETF 20.0 15 9 7.1 +0.1
EZM WisdomTree U.S. MidCap Earnings Fund 19.9 38 -14 8.8 +1.8
VBR Vanguard Small Cap Value Index Fund 19.8 7 17 8.1 +1.1
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 19.4 30 -6 5.9 -1.1
ACWF iShares FactorSelect MSCI Global ETF 19.4 35 -11 8.1 +1.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 19.3 6 18 5.0 -2.0
AFLG First Trust Active Factor Large Cap ETF 19.3 55 -31 5.6 -1.4
FSMD Fidelity Small-Mid Factor ETF 19.3 29 -5 6.8 -0.1
FNX First Trust Mid Cap Core AlphaDEX Fund 19.2 61 -37 6.4 -0.5
USMF WisdomTree U.S. Multifactor Fund 19.2 28 -4 6.1 -0.9
EXT WisdomTree U.S. Total Earnings Fund 19.1 28 -4 5.7 -1.2
MAGA Point Bridge GOP Stock Tracker ETF 19.1 72 -48 6.3 -0.6
VLUE iShares Edge MSCI USA Value Factor ETF 19.1 15 9 10.7 +3.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 18.9 25 -1 6.1 -0.9
DTD WisdomTree U.S.Total Dividend Fund 18.8 28 -4 6.5 -0.5
VTV Vanguard Value Index Fund 18.6 4 20 7.1 +0.2
SPMD SPDR Portfolio Mid Cap ETF 18.6 5 19 6.2 -0.7
IJH iShares Core S&P Mid-Cap ETF 18.6 6 18 6.2 -0.7
MDY SPDR S&P Midcap 400 ETF Trust 18.6 23 1 6.1 -0.9
IVOO Vanguard S&P Mid-Cap 400 ETF 18.6 10 14 6.1 -0.9
IUS Invesco Strategic US ETF 18.5 19 5 6.2 -0.8
BLES Inspire Global Hope Large Cap ETF 18.4 61 -37 6.2 -0.7
EWMC Invesco S&P MidCap 400 Equal Weight ETF 18.4 40 -16 6.5 -0.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 18.0 9 15 5.6 -1.4
JMOM JPMorgan U.S. Momentum Factor ETF 17.9 12 12 3.9 -3.0
USMV iShares Edge MSCI Min Vol USA ETF 17.7 15 9 5.7 -1.3
TPHD Timothy Plan High Dividend Stock ETF 17.6 52 -28 7.0 +0.1
RWL Invesco S&P 500 Revenue ETF 17.4 39 -15 6.7 -0.3
SPVM Invesco S&P 500 Value with Momentum ETF 17.4 39 -15 8.9 +2.0
BIBL Inspire ETF 17.2 35 -11 4.7 -2.3

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 Mid-Cap Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.5 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 CATEGORY
AVERAGE
1.53
 
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.