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ETFs

iShares Russell Mid-Cap Growth ETF

IWP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 17 2001
Expense Ratio
0.23%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$50,147,582
AUM
$12,366,756,162
Associated Index
Russell Midcap Pure Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

APO
Apollo Global Management Inc - Ordinary Shares - Class A (New)
1.71%
CTAS
Cintas Corporation
1.41%
LNG
Cheniere Energy Inc.
1.40%
CPRT
Copart, Inc.
1.34%
ODFL
Old Dominion Freight Line, Inc.
1.33%
PAYX
Paychex Inc.
1.31%
IDXX
Idexx Laboratories, Inc.
1.30%
AMP
Ameriprise Financial Inc
1.27%
ROST
Ross Stores, Inc.
1.26%
VRSK
Verisk Analytics Inc
1.25%
Invest with IWP

What is IWP?

The iShares Russell Midcap Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the mid-capitalization growth sector of the U.S. equity market as represented by the Russell Midcap Growth Index. The index represents approximately 40% of the total market capitalization of the Russell Midcap Index.

ETFs related toIWP

ETFs correlated to IWP include VOT, IMCG, NUMG

IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap 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 toIWP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IWP using Composer

FAQ

IWP is a US Equities ETF. The iShares Russell Midcap Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the mid-capitalization growth sector of the U.S. equity market as represented by the Russell Midcap Growth Index. The index represents approximately 40% of the total market capitalization of the Russell Midcap Index.

IWP tracks the Russell Midcap Pure Growth Index.

No, IWP 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, IWP 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 IWP is -0.0169%. This is the percent change in the value of IWP over the most recent 1-month period. The 3-month return on IWP is -0.0221%. This is the percent change in the value of IWP over the most recent 3-month period.

The standard deviation of IWP for the past year is 0.2081%. 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 IWP include IWO, VTV, and VUG.

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

ETFs that are inversely correlated to IWP 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.