IWC
iShares Micro-Cap ETF

Price: $104.56
Change: $1.42 (0.01%)
Last Updated:

Vitals

Brand iShares
Structure ETF
Expense Ratio 0.60%
ETF Home Page Home page
Inception Aug 12, 2005
Index Tracked Russell Microcap Index

Analyst Report

IWC seeks to replicate a benchmark which offers exposure to the micro cap sector of the U.S. equity market. The investment thesis behind micro caps is a very similar, but more aggressive approach than small caps. The companies held in this ETF will be very small and volatile firms that have a huge potential for both explosive growth and utter failure. At one point in time every company was a micro cap, and this ETF will give investors exposure to the ones that work their way into the upper echelon of the U.S. equities market. While some exposure to these small companies is healthy for a portfolio, the allocation should be kept low as this ETF will likely exhibit a high amount of volatility as well as being incredibly risky. IWC spreads its assets relatively evenly across numerous market sectors with a slight bias toward technology. This fund will be a good addition for investor looking for growth, but do not mind a bit of risk in their portfolio.

ETF Database Themes

Asset Class Equity
Asset Class Size Micro-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. - Micro Cap
Category Size and Style
Focus Micro Cap
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $95.25
  • 52 Week Hi $139.26
  • AUM $717.7 M
  • Shares 7.0 M

Historical Trading Data

  • 1 Month Avg. Volume 53,883
  • 3 Month Avg. Volume 44,578

Alternative ETFs in the ETF Database Small Cap Blend Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPSM 0.03% $9.9 B 2 M -16.07%
Largest (AUM) IJR 0.06% $70.7 B 5 M -16.17%
Most Liquid (Volume) IWM 0.19% $57.9 B 34 M -15.42%
Top YTD Performer VAMO 0.65% $52.5 M 2,452 -1.02%

Alternative ETFs in the FactSet Equity: U.S. - Micro Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FDM 0.60% $155.6 M 13,010 -12.86%
Largest (AUM) FDM 0.60% $155.6 M 13,010 -12.86%
Most Liquid (Volume) FDM 0.60% $155.6 M 13,010 -12.86%
Top YTD Performer FDM 0.60% $155.6 M 13,010 -12.86%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

IWC ETF Database Category Average FactSet Segment Average
Number of Holdings 1408 473 773
% of Assets in Top 10 5.83% 26.30% 11.23%
% of Assets in Top 15 7.92% 30.40% 15.70%
% of Assets in Top 50 19.14% 50.27% 39.45%

Size Comparison

IWC ETF Database Category Average FactSet Segment Average
Large (>12.9B) 0.00% 3.77% 0.00%
Mid (>2.7B) 2.56% 42.92% 1.93%
Small (>600M) 44.20% 30.10% 43.84%
Micro (<600M) 52.74% 6.49% 53.95%

IWC Valuation

This section compares the P/E ratio of this ETF to its peers.

IWC
P/E Ratio
8.57
ETF Database Category Average
P/E Ratio
9.23
FactSet Segment Average
P/E Ratio
8.73

IWC Dividend

This section compares the dividend yield of this ETF to its peers.

IWC ETF Database Category Average FactSet Segment Average
Dividend $ 0.28 $ 0.41 $ 0.28
Dividend Date 2025-03-18 N/A N/A
Annual Dividend Rate $ 1.40 $ 1.63 $ 1.34
Annual Dividend Yield 1.35% 5.37% 1.77%

IWC Price and Volume Charts

View charts featuring IWC price and volume data.

IWC Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -15.31 M 1 Month Net Flows: -13.86 M 3 Month Net Flows: -58.31 M 6 Month Net Flows: -37.38 M 1 Year Net Flows: -66.17 M 3 Year Net Flows: -155.07 M 5 Year Net Flows: -115.35 M 10 Year Net Flows: -357.91 M

IWC Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -29.77 M
1 Month Net AUM Change: -99.64 M
3 Month Net AUM Change: -216.32 M
6 Month Net AUM Change: -194.8 M
1 Year Net AUM Change: -149.76 M
3 Year Net AUM Change: -356.01 M
5 Year Net AUM Change: 120.34 M
10 Year Net AUM Change: -222.07 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for IWC on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Small Cap Blend Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ IWM
Expenses B- SPSM
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

IWC Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

IWC
Expense Ratio
0.60%
ETF Database Category Average
Expense Ratio
0.59%
FactSet Segment Average
Expense Ratio
0.60%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores

IWC does not have an ESG score. There are no ESG themes that map to this ETF.

IWC Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

IWC ETF Database
Category Average
Factset Segment
Average
1 Month Return -9.60% -6.67% -7.78%
3 Month Return -18.80% -15.15% -16.54%
YTD Return -19.61% -13.71% -16.24%
1 Year Return -3.65% -4.33% -0.19%
3 Year Return -4.90% -2.21% -1.53%
5 Year Return 10.24% 7.99% 13.05%

Geographic Exposure

The following charts reflect the geographic spread of IWC's underlying holdings.

Region Percentage
North, Central and South America 99.29%
Other 0.34%
Europe 0.21%
Country Percentage
United States 96.82%
Bahamas 0.51%
Bermuda 0.5%
United Kingdom 0.39%
Other 0.34%
Panama 0.31%
Cayman Islands 0.22%
Singapore 0.19%
Israel 0.17%
Canada 0.14%
Puerto Rico 0.09%
Monaco 0.06%
Sweden 0.03%
Switzerland 0.03%
Gibraltar 0.01%
Hong Kong 0.01%
British Virgin Islands 0.01%
Ireland 0.01%
Brazil 0.0%

Holdings Analysis

The following charts reflect the allocation of IWC's underlying holdings.

Sector Percentage
Finance 29.09%
Health Technology 19.83%
Technology Services 9.15%
Electronic Technology 7.23%
Producer Manufacturing 4.87%
Commercial Services 4.56%
Consumer Services 3.31%
Industrial Services 2.65%
Retail Trade 2.54%
Consumer Durables 2.43%
Non-Energy Minerals 2.37%
Process Industries 2.33%
Energy Minerals 1.77%
Distribution Services 1.46%
Health Services 1.31%
Transportation 1.23%
Consumer Non-Durables 1.21%
Utilities 1.21%
Communications 0.63%
Miscellaneous 0.32%
CASH 0.3%
Other 0.04%
Market Cap Percentage
Micro 52.74%
Small 44.2%
Mid 2.56%
Large 0.0%
Region Percentage
Asset Percentage
Share/Common/Ordinary 99.5%
CASH 0.3%
Other 0.04%
Sector Percentage
Finance 29.09%
Health Technology 19.83%
Technology Services 9.15%
Electronic Technology 7.23%
Producer Manufacturing 4.87%
Commercial Services 4.56%
Consumer Services 3.31%
Industrial Services 2.65%
Retail Trade 2.54%
Consumer Durables 2.43%
Non-Energy Minerals 2.37%
Process Industries 2.33%
Energy Minerals 1.77%
Distribution Services 1.46%
Health Services 1.31%
Transportation 1.23%
Consumer Non-Durables 1.21%
Utilities 1.21%
Communications 0.63%
Miscellaneous 0.32%
CASH 0.3%
Other 0.04%

IWC Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 214.67%
20 Day Volatility 45.98%
50 Day Volatility 34.41%
200 Day Volatility 29.75%
Beta 1.12
Standard Deviation 8.69%
5 Day Volatility
214.67%
Rank
3 of 58

20 Day Volatility
45.98%
Rank
31 of 58

50 Day Volatility
34.41%
Rank
18 of 58

200 Day Volatility
29.75%
Rank
5 of 57

Beta
1.12
Rank
31 of 53

Standard Deviation
8.69%
Rank
4 of 57

Technicals

  • 20 Day MA $107.77
  • 60 Day MA $118.87
  • MACD 15 Period -0.27
  • MACD 100 Period -19.73
  • Williams % Range 10 Day 16.35
  • Williams % Range 20 Day 61.06
  • RSI 10 Day 44
  • RSI 20 Day 40
  • RSI 30 Day 40
  • Ultimate Oscillator 60

Bollinger Bands

  • Lower Bollinger (10 Day) $98.40
  • Upper Bollinger (10 Day) $105.15
  • Lower Bollinger (20 Day) $94.55
  • Upper Bollinger (20 Day) $120.75
  • Lower Bollinger (30 Day) $97.23
  • Upper Bollinger (30 Day) $123.02

Support & Resistance

  • Support Level 1 $103.40
  • Support Level 2 $102.24
  • Resistance Level 1 $105.27
  • Resistance Level 2 $105.98

Stochastic

  • Stochastic Oscillator %D (1 Day) 67.42
  • Stochastic Oscillator %D (5 Day) 72.28
  • Stochastic Oscillator %K (1 Day) 61.12
  • Stochastic Oscillator %K (5 Day) 60.82

Tradability

  • Tracking Difference Median (%) -0.27
  • Tracking Difference Max Upside (%) -0.15
  • Tracking Difference Max Downside (%) -0.48
  • Median Premium Discount (%) -0.01
  • Maximum Premium Discount (%) 0.32
  • Average Spread (%) 41.84
  • Average Spread ($) 41.84

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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