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iShares Morningstar Mid-Cap Growth ETF

IMCG
$--
Today’s Change
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Snapshot
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Inception Date
Jun 28 2004
Expense Ratio
0.06%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$5,670,918
AUM
$1,528,364,406
Associated Index
Morningstar US Mid Cap Broad Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

WDAY
Workday Inc - Ordinary Shares - Class A
1.16%
TDG
Transdigm Group Incorporated
1.14%
MRVL
Marvell Technology Inc
1.09%
MSCI
MSCI Inc
0.99%
HLT
Hilton Worldwide Holdings Inc
0.94%
ROST
Ross Stores, Inc.
0.93%
CPRT
Copart, Inc.
0.91%
CRWD
Crowdstrike Holdings Inc - Ordinary Shares - Class A
0.89%
PAYX
Paychex Inc.
0.88%
IDXX
Idexx Laboratories, Inc.
0.88%
Invest with IMCG

What is IMCG?

The iShares Morningstar Mid-Cap Growth ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics.

ETFs related toIMCG

ETFs correlated to IMCG include IWP, VOT, VO

IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIMCG

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IMCG using Composer

FAQ

IMCG is a US Equities ETF. The iShares Morningstar Mid-Cap Growth ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics.

IMCG tracks the Morningstar US Mid Cap Broad Growth Index.

No, IMCG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IMCG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IMCG is -0.0239%. This is the percent change in the value of IMCG over the most recent 1-month period. The 3-month return on IMCG is -0.0283%. This is the percent change in the value of IMCG over the most recent 3-month period.

The standard deviation of IMCG for the past year is 0.2042%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IMCG include IWO, VTV, and VUG.

ETFs correlated to IMCG include IWP, VOT, and VO.

ETFs that are inversely correlated to IMCG include HIBS, SPXU, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.