iShares Morningstar Value ETF
$106.59−0.58 (−0.54%)
- Expense ratio
- 0.04%
- Fund size
- $1.3B
- 1Y return
- +21.2%
- Yield · Last 12 months
- 1.54%
- Holdings
- 372
- Volume · 30D
- 0M sh
- NAV per share
- $107.52
- 52W range
The ETF.net ILCV Grade
Score 80 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 99Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 87Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on ILCV
AValue done the thorough way: roughly 400 large- and mid-cap US stocks screened on five separate value measures, not just cheap book value. Running since 2004 at four basis points, it's one of the cheapest tickets into the value factor.
The fund seeks to track an index of U.S. large- and mid-cap stocks selected with value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield.
Why people hold it
- Charges 0.04% a year against a 0.32% median for its factor peer group. Undercuts well-regarded rivals like VONV (0.06%) and FNDX (0.25%).
- Value gets defined five ways: forward earnings, book value, sales, cash flow and dividend yield. Wider lens than a single price-to-book screen.ishares.com
- Spreads the bet across about 400 large- and mid-cap names and distributes quarterly.
- Trading since 2004 and now a multi-billion-dollar fund, it ranks among the strongest implementations in its factor cohort.
Worth knowing
- One of the quieter tickers in its category. Thin volume means spreads matter more here than on a mega-cap index fund, and limit orders are the usual tool.
- Value-only by design. It skips the market's priciest growth leaders, so it moves differently from a total-market fund in both directions.ishares.com
- Large and mid caps only. Small-cap value sits outside the mandate.
ILCV Holdings
- Stocks
- 372
- 35%
- MSFT
Sectors
- Technology24.2%
- Financials18.1%
- Health Care13.0%
- Communication9.9%
- Consumer Discr.8.6%
- Cons. Staples7.0%
- Energy6.4%
- Industrials6.0%
- Utilities2.9%
- Materials2.0%
- Real Estate1.8%
Geography
- United States97.22%
- Ireland1.26%
- United Kingdom0.75%
- Switzerland0.45%
- Uruguay0.14%
- Bermuda0.10%
- Netherlands0.05%
- Canada0.03%
ILCV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ILCV |
|---|---|
| Year to date | +14.9% |
| 1 month | −0.5% |
| 3 months | +6.7% |
| 1 year | +21.2% |
| 3 years | +20.2% |
| 5 years | +13.2% |
| 10 years | +12.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ILCV |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +18.8% | |
| 2024 | +17.0% | |
| 2023 | +14.5% | |
| 2022 | −7.0% | |
| 2021 | +26.7% | |
| 2020 | −0.8% |
ILCV in the news
ETF.net Research hasn’t filed on ILCV yet — coverage lands here as it’s written.
ILCV Dividends
- 1.54%
- $1.65
- $0.42 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.42 |
| Jun 15, 2026 | Jun 18, 2026 | $0.39 |
| Mar 17, 2026 | Mar 20, 2026 | $0.36 |
| Dec 16, 2025 | Dec 19, 2025 | $0.48 |
| Sep 16, 2025 | Sep 19, 2025 | $0.40 |
| Jun 16, 2025 | Jun 20, 2025 | $0.40 |
| Mar 18, 2025 | Mar 21, 2025 | $0.38 |
| Dec 17, 2024 | Dec 20, 2024 | $0.43 |
| Sep 25, 2024 | Sep 30, 2024 | $0.46 |
| Jun 11, 2024 | Jun 17, 2024 | $0.37 |
| Mar 21, 2024 | Mar 27, 2024 | $0.35 |
| Dec 20, 2023 | Dec 27, 2023 | $0.48 |
ILCV Risk
- 11.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.82
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ILCV Cost
- The middle half of US Multifactor funds
- Median 0.30%
No US Multifactor fund charges less.