Ishares Micro Cap Etf Profile
| IWC Etf | USD 111.33 1.12 1.02% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Micro is trading at 111.33 as of the 23rd of April 2024, a 1.02 percent increase since the beginning of the trading day. The etf's open price was 110.21. IShares Micro has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Micro Cap ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index. More on iShares Micro Cap ETF
Moving together with IShares Etf
| 0.84 | VB | Vanguard Small Cap | PairCorr |
| 0.81 | IJR | iShares Core SP | PairCorr |
| 0.88 | IWM | iShares Russell 2000 | PairCorr |
| 0.98 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.98 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.96 | FNDA | Schwab Fundamental Small | PairCorr |
| 0.81 | SPSM | SPDR Portfolio SP | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Micro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Micro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Size And Style ETFs (View all Themes) |
| Old Name | Ishares Micro-cap Etf |
| Business Concentration | Size And Style ETFs, Small Blend, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2005-08-12 |
| Benchmark | Russell Microcap(R) Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 827.07 Million |
| Average Trading Valume | 26,670.3 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Micro Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | BlackRock Fund Advisors |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,479 |
| Market Maker | Citadel |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | (4.81) |
| Name | iShares Micro-Cap ETF |
| Currency Code | USD |
| Open Figi | BBG000HMYVY9 |
| In Threey Volatility | 22.22 |
| 1y Volatility | 24.27 |
| 200 Day M A | 108.63 |
| 50 Day M A | 116.44 |
| Code | IWC |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
iShares Micro Cap ETF [IWC] is traded in USA and was established 2005-08-12. The fund is classified under Small Blend category within iShares family. The entity is thematically classified as Size And Style ETFs. iShares Micro Cap currently have 836.45 M in assets under management (AUM). , while the total return for the last 3 years was -7.3%.
Check IShares Micro Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Micro Cap ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Micro Cap ETF Etf Constituents
| CLDX | Celldex Therapeutics | Stock | Health Care |
| STAA | STAAR Surgical | Stock | Health Care |
| ENTA | Enanta Pharmaceuticals | Stock | Health Care |
| SPPI | Spectrum Pharmaceuticals | Stock | Health Care |
| WKHS | Workhorse Group | Stock | Consumer Discretionary |
| HAFC | Hanmi Financial | Stock | Financials |
| LNTH | Lantheus Holdings | Stock | Health Care |
IShares Micro Target Price Odds Analysis
What are IShares Micro's target price odds to finish over the current price? Based on a normal probability distribution, the odds of IShares Micro jumping above the current price in 90 days from now is about 89.33%. The iShares Micro Cap ETF probability density function shows the probability of IShares Micro etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.9075. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, IShares Micro will likely underperform. Additionally, iShares Micro Cap ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares Micro to move above the current price in 90 days from now is about 89.33 (This iShares Micro Cap ETF probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Micro Top Holders
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| BRSIX | Ultra Small Pany Market | Mutual Fund | Small Value |
| JTHIX | James Alpha Total | Mutual Fund | Multistrategy |
| RMVIX | Rbc Microcap Value | Mutual Fund | Small Value |
| TMVAX | Rbc Microcap Value | Mutual Fund | Small Value |
iShares Micro Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Micro market risk premium is the additional return an investor will receive from holding IShares Micro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Micro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Micro's alpha and beta are two of the key measurements used to evaluate IShares Micro's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0236 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) |
IShares Micro Against Markets
Picking the right benchmark for IShares Micro etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Micro etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Micro is critical whether you are bullish or bearish towards iShares Micro Cap ETF at a given time. Please also check how IShares Micro's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Micro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Micro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Micro. To buy IShares Micro etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Micro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Micro etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Micro Cap ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Micro Cap ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Micro Cap ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Micro guide.
Already Invested in iShares Micro Cap ETF?
The danger of trading iShares Micro Cap ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Micro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Micro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Micro Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Micro Cap offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Micro Cap Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Micro Cap Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Micro Cap ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of iShares Micro Cap is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Micro's value that differs from its market value or its book value, called intrinsic value, which is IShares Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Micro's market value can be influenced by many factors that don't directly affect IShares Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.