iShares Micro-Cap ETF (IWC)
| Assets | $981.72M |
| Expense Ratio | 0.60% |
| PE Ratio | 14.76 |
| Shares Out | 7.35M |
| Dividend (ttm) | $1.38 |
| Dividend Yield | 1.05% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 15.45% |
| 1-Year Return | +11.43% |
| Volume | 16,183 |
| Open | 130.21 |
| Previous Close | 131.42 |
| Day's Range | 128.42 - 130.75 |
| 52-Week Low | 107.92 |
| 52-Week High | 139.98 |
| Beta | 1.15 |
| Holdings | 1454 |
| Inception Date | Aug 12, 2005 |
About IWC
Fund Home PageThe iShares Micro-Cap ETF (IWC) is an exchange-traded fund that is based on the Russell Microcap index, a market-cap-weighted index of U.S IWC was launched on Aug 12, 2005 and is issued by BlackRock.
Top 10 Holdings
6.66% of assets| Name | Symbol | Weight |
|---|---|---|
| SoundHound AI, Inc. | SOUN | 1.75% |
| Scholar Rock Holding Corporation | SRRK | 0.82% |
| Rigetti Computing, Inc. | RGTI | 0.64% |
| Archer Aviation Inc. | ACHR | 0.62% |
| Core Scientific, Inc. | CORZ | 0.59% |
| Tarsus Pharmaceuticals, Inc. | TARS | 0.48% |
| OneSpaWorld Holdings Limited | OSW | 0.48% |
| MannKind Corporation | MNKD | 0.44% |
| Hut 8 Corp. | HUT | 0.43% |
| Argan, Inc. | AGX | 0.43% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.378 | n/a |
| Sep 25, 2024 | $0.418 | Sep 30, 2024 |
| Jun 11, 2024 | $0.326 | Jun 17, 2024 |
| Mar 21, 2024 | $0.254 | Mar 27, 2024 |
| Dec 20, 2023 | $0.387 | Dec 27, 2023 |
| Sep 26, 2023 | $0.428 | Oct 2, 2023 |
News
IWC: Weak Growth Profile Makes It Less Attractive
iShares Micro-Cap ETF has underperformed compared to its small, mid, and large-cap peers, delivering only a 103.5% total return over 10 years. IWC's portfolio is heavily tilted towards value stocks (5...
Understanding And Investing In U.S. Micro Caps: Why Choose IWC?
The iShares Micro-Cap ETF provides passive exposure to U.S. micro-cap stocks, minimizing the risks associated with individual stock picking. Despite the underperformance, IWC provides diversification ...
iShares Micro-Cap ETF: Structural Underperformance To Avoid
IWC invests across a portfolio of the smallest US publicly traded companies. The fund has underperformed historically and is lagging during the current bull market. Micro-cap stocks are important, but...
IWC: If It's A Bull Market, Micro Is Next
The current bull market has been driven by large-cap momentum, but if you believe small-caps will lead the next phase, consider investing in the iShares Micro-Cap ETF. IWC provides exposure to micro-c...
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for ra...
IWC: Passive Investing Lags In Microcaps
Microcap investing can lead to extraordinary returns, but retail investors are at a disadvantage due to lack of information and coverage. The iShares Micro-Cap ETF suffers from this information disadv...
IWC: Micro-Cap Index ETF, Uncompelling Investment Thesis
The iShares Micro-Cap ETF is a simple micro-cap index ETF. The fund provides diversified exposure to a less common equity niche, and sports a cheap valuation. It seems that IWC currently trades with a...
IWC: A Decent Way To Gain Exposure To Smallest Stocks
iShares Micro-Cap ETF focuses on the smallest stocks in the market, holding over 1,500 stocks, including biotech companies and pre-revenue companies. Microcap stocks are believed to underperform durin...
IWC: Efficient, Potentially High-Return Way To Access The Smallest Stocks
iShares Micro-Cap ETF is an exchange-traded fund that targets investment in public companies with market caps as low as $400mm. This is the most efficient way I have found to include a wide array of v...
IWC: It Is Worth Being Pickier
IWC has a straightforward investment strategy revolving around the smallest names in the U.S. equity universe. The article provides a detailed look at the IWC portfolio, with quality and valuation cha...
IWC Might Be Alright Even If We Oppose The Principle Of Micro-Cap ETFs
In our opinion, it doesn't make sense to buy an ETF of micro-cap stocks. The whole idea of investing in micro-cap is that the market is less efficient, so you'd be rewarded by selectivity and convicti...
IWC: Micro-Caps Outperform As Meme Stocks Make A Comeback
Domestic small- and micro-cap stocks have surged in the last few weeks as speculation returns. The iShares Micro-Cap ETF is outperforming the S&P 500 since late July, perhaps associated with wild upsi...
Quality Microcaps Can Weather The Current Storm
Big institutional investors have tended to ignore the market's smallest companies—those that have less than a $1 billion market capitalization. The Russell Microcap Index has often bounced back strong...
IWC: Risks And Disadvantages
IWC is a passively-managed investment vehicle betting on the smallest U.S. equities that constitute the Russell Microcap Index. The principal risk is that its valuation profile is not as attractive as...
IWC: Not With Rising Rates And Spiking Gas Prices
While most of the data is positive, there are some potential red flags in the credit markets.
IWC Vs. RMT: Comparing An ETF & CEF That Invest In Micro-Cap Stocks
My last article compared Micro-Cap IWC ETF against the VOO ETF, which invests in the S&P 500 stocks. The conclusion was there were benefits to owning a combination of them.
VOO Vs. IWC: A Battle Of Size
The Vanguard S&P 500 ETF invests in some of the largest US companies. The iShares Micro-Cap ETF invests in some of the smallest US listed companies.
IWC: Hold Off On A New Position For Now
While the macroeconomic backdrop is generally positive, there are some concerning signs. The IWC has underperformed across a number of time frames relative to its peers.
IWC: Consolidation Continues
The economy is firmly in an expansion; there are no signs of a recession on the horizon. The IWC is now underperforming.
IWC: Hold Your Current Position
In general, the economic backdrop is strong. But price increases and a resurgent virus are hurting growth prospects.
IWC: Still Consolidating; Hold Current Positions But Don't Add To It
The economy is in strong shape; there are no signs a recession is on the horizon. While the IWC has performed well in the longer time-frames, it has sold-off a bit.
IWC: Wait For A Move Above 160
The labor market - which is a proxy for the broader economy - is healing. The IWC was a primary beneficiary of the reflation trade.
2 ETFs For Small And Microcap Investors
Many investors like the allure of small cap stocks. Buying the next Apple Inc. or Amazon.com, Inc. while they're still in their infancy is every investor's dream.
Smaller-Caps Are Trying To Make A Move (Technically Speaking For 6/8)
Even though the market is expensive, don't stay on the sidelines. Research from the San Francisco Fed indicates there's still a fair amount of labor market slack.