Average Daily Volume
1.26M
Fund Overview
The iShares Russell Mid-Cap Growth ETF (IWP) is an exchange-traded fund that seeks to track the investment results of the Russell MidCap Growth Index. This index measures the performance of mid-capitalization growth stocks in the United States. IWP provides exposure to companies that are expected to grow at an above-average rate compared to the broader market. The fund is designed for investors looking to capitalize on the growth potential of mid-sized companies, which often balance the stability of large-cap firms with the agility and innovation of small-cap companies. With holdings across various sectors, IWP offers diversified exposure to mid-cap growth equities, making it a popular choice for growth-oriented investors.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
Yes
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 0.40 %
- Currency Hedged
-
No
- Portfolio Turnover
-
35 %
- Dividend Date
-
Why Invest in the IWP ETF?
Potential Benefits
- Exposure to mid-cap growth stocks, which historically offer a balance of growth potential and relative stability.
- Diversification across sectors, reducing single-stock or single-sector risk.
- Lower expense ratio compared to many actively managed growth funds.
- Liquidity due to its ETF structure, allowing for easy trading throughout the day.
- Potential for capital appreciation as mid-cap companies grow and expand.
Potential Risks
- Mid-cap stocks can be more volatile than large-cap stocks, leading to higher price fluctuations.
- Growth stocks may underperform during economic downturns or rising interest rate environments.
- Sector concentration risks if certain sectors dominate the index.
- Tracking error risk, where the ETF may not perfectly replicate the index's performance.
- Market risk, as all equities are subject to broader market movements.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
-0.9%
|
+0.8%
|
-6.3%
|
+6.4%
|
+4.8%
|
+2.6%
|
-6.4%
|
+2.5%
|
-1.9%
|
+4.2%
|
-
|
-
|
| 2025 |
+6.2%
|
-5.7%
|
-7.4%
|
+3.2%
|
+9.6%
|
+4.4%
|
+2.0%
|
+1.1%
|
-0.3%
|
-0.3%
|
-2.3%
|
-1.2%
|
| 2024 |
-0.6%
|
+7.5%
|
+2.4%
|
-5.9%
|
+1.1%
|
+1.6%
|
+0.6%
|
+2.5%
|
+3.2%
|
+1.7%
|
+13.4%
|
-6.2%
|
| 2023 |
+8.7%
|
-1.0%
|
+1.4%
|
-1.4%
|
+0.1%
|
+7.7%
|
+3.0%
|
-3.3%
|
-4.9%
|
-5.1%
|
+12.2%
|
+7.6%
|
| 2022 |
-12.9%
|
-1.2%
|
+1.5%
|
-11.3%
|
-3.9%
|
-7.5%
|
+12.2%
|
-3.3%
|
-8.6%
|
+7.9%
|
+5.4%
|
-6.0%
|
| 2021 |
-0.4%
|
+1.7%
|
-1.8%
|
+5.5%
|
-1.4%
|
+6.8%
|
+1.0%
|
+3.3%
|
-5.0%
|
+7.1%
|
-4.3%
|
+0.4%
|
| 2020 |
+0.9%
|
-6.9%
|
-15.0%
|
+15.7%
|
+9.9%
|
+2.4%
|
+8.1%
|
+2.7%
|
-1.4%
|
+0.1%
|
+13.3%
|
+4.7%
|
| 2019 |
+11.3%
|
+5.9%
|
+1.4%
|
+4.4%
|
-5.7%
|
+7.0%
|
+2.3%
|
-1.8%
|
-1.1%
|
+1.9%
|
+4.9%
|
+1.2%
|
| 2018 |
+5.6%
|
-3.1%
|
-0.1%
|
-1.0%
|
+3.8%
|
+0.3%
|
+2.1%
|
+5.8%
|
-0.4%
|
-9.9%
|
+2.5%
|
-9.0%
|
| 2017 |
+3.3%
|
+2.8%
|
+0.5%
|
+1.5%
|
+2.4%
|
+0.2%
|
+1.7%
|
+0.6%
|
+2.8%
|
+2.8%
|
+3.3%
|
+0.5%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
PLTR
|
n/a |
6.4 % |
|
APP
|
APPLOVIN CORP ORDINARY SHARES CLASS A |
2.5 % |
|
COR
|
CENCORA INC |
1.9 % |
|
VRSK
|
VERISK ANALYTICS INC |
1.6 % |
|
AMP
|
AMERIPRISE FINANCIAL INC |
1.5 % |
|
AXON
|
AXON ENTERPRISE INC |
1.5 % |
|
VST
|
VISTRA CORP |
1.4 % |
|
TRGP
|
TARGA RESOURCES CORP |
1.4 % |
|
GWW
|
W.W. GRAINGER INC |
1.4 % |
|
FAST
|
FASTENAL CO |
1.4 % |
Top 10 holdings shown, out of 288 total holdings.
Related ETFs: IWP vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
The iShares Russell Mid-Cap Growth ETF (IWP) aims to track the performance of the Russell MidCap Growth Index, which includes mid-cap U.S. equities exhibiting growth characteristics. The index is constructed using a rules-based methodology that selects companies based on factors like higher price-to-book ratios and forecasted earnings growth. IWP employs a passive management strategy, holding a diversified portfolio of stocks that mirror the index. The fund primarily invests in common stocks and rebalances quarterly to align with the index's composition. This approach ensures that IWP maintains its focus on mid-cap growth stocks while minimizing tracking error.
Frequently Asked Questions
What is the expense ratio of IWP?
As of the latest data, IWP has an expense ratio of 0.23%, which is competitive for mid-cap growth ETFs.
How often does IWP rebalance its holdings?
IWP rebalances quarterly to align with the Russell MidCap Growth Index's composition.
Does IWP pay dividends?
Yes, IWP pays dividends quarterly, though growth stocks typically have lower dividend yields compared to value stocks.
What sectors are most represented in IWP?
IWP's largest sector exposures are typically technology, healthcare, and consumer discretionary, reflecting the growth orientation of the index.
Is IWP suitable for long-term investors?
Yes, IWP can be a suitable long-term holding for investors seeking growth potential in the mid-cap segment, though it should be balanced with other asset classes based on risk tolerance.
Industry Overview
The iShares Russell Mid-Cap Growth ETF (IWP) focuses on mid-cap growth stocks, a segment of the market known for its dynamic growth potential. Mid-cap companies often operate in industries with significant expansion opportunities, such as technology, healthcare, and consumer discretionary. Investing in mid-cap growth stocks through IWP allows investors to tap into companies that are past the initial startup phase but still have ample room for growth. This segment can offer a compelling risk-reward balance, as these firms are typically more established than small-caps but more nimble than large-caps. IWP's portfolio reflects the Russell MidCap Growth Index, providing broad exposure to this vibrant market segment.
Alternative Comparison
Compared to its peers, such as the Vanguard Mid-Cap Growth ETF (VOT) and the Schwab U.S. Mid-Cap Growth ETF (SCHG), IWP offers a slightly different exposure due to its tracking of the Russell MidCap Growth Index. While VOT and SCHG also focus on mid-cap growth stocks, their underlying indices may differ in methodology and sector weightings. IWP's expense ratio is competitive, though investors may compare it with SCHG's lower fee structure. Unlike some actively managed mid-cap growth funds, IWP provides pure index exposure, making it a cost-effective choice for passive investors.
Issuer Overview
iShares, a division of BlackRock, is the largest ETF provider globally, known for its extensive range of index-tracking funds. With a reputation for low-cost, transparent, and liquid ETFs, iShares offers investors access to various asset classes and market segments. The IWP ETF is part of iShares' suite of growth-oriented funds, leveraging BlackRock's expertise in index replication and risk management.
Conclusion
The iShares Russell Mid-Cap Growth ETF (IWP) is a well-established option for investors seeking exposure to mid-cap growth stocks. With its low-cost, passive strategy and diversified holdings, IWP offers a straightforward way to access this dynamic market segment. While mid-cap growth stocks can be volatile, they also present significant growth potential, making IWP a valuable addition to a growth-oriented portfolio. Investors should weigh the fund's benefits against its risks and consider their long-term investment goals before allocating capital.
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