Skip to content
etf.net

Launched

iShares Morningstar Value ETF

ILCVNYSE ArcaiSharesA

$109.24−0.05 (−0.04%)

At close: Nov 2, 2026, 4:00 PM ET

A81/ 100

Rank 2 of 99 in US Multifactor

A81/100Rank 2 of 99inUS Multifactor
Intraday session: down, 79 prints from 109.29 to 109.24. Range 109.21 to 110.06. Use the arrow keys to read each point.109.60109.80110.0010 AM12 PM2 PM4 PM
Expense ratio
0.04%
Fund size
$1.37B
1Y total return
+21.0%
Yield · Last 12 months
1.51%
Holdings
375
Avg volume · 30D
24.4K sh
52W range
low $90.21high $109.95
Launched

The ETF.net ILCV Grade

A

Score 81 out of 100

Category
US Multifactor⁠
Rank
2 of 99
Six-pillar profile for ILCV. Scores out of 100: Cost 99, Risk 90, Mission 82, Tradability 64, Holdings 39, Durability 82. Strongest: Cost (99). Weakest: Holdings (39). Leans toward Cost.

Score 81 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A99 out of 100
    Rank 1 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A82 out of 100
    Rank 40 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A90 out of 100
    Rank 1 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 24 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D39 out of 100
    Rank 73 of 98

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 11 of 99

Our read on ILCV

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 28, 2004

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ILCV$12,097
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ILCV $12,097. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for ILCV. Periods over one year show the average yearly return.
PeriodILCV
Year to date+17.2%
1 month+3.7%
3 months+4.2%
1 year+21.0%
3 yearsper year+22.6%
5 yearsper year+12.6%
10 yearsper year+12.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ILCV
YearReturn barILCV
2026 YTD+17.2%
2025+18.8%
2024+17.0%
2023+14.5%
2022−7.0%
2021+26.7%
2020−0.8%

ILCV in the news

ILCV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.51%Last 12 months
Payout per share
$1.65Last 12 months
Last payment
$0.42 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.28; Jun 27, 2017 $0.30; Sep 26, 2017 $0.31; Dec 19, 2017 $0.34; Mar 22, 2018 $0.33; Jun 26, 2018 $0.35; Sep 26, 2018 $0.34; Dec 17, 2018 $0.39; Mar 20, 2019 $0.35; Jun 17, 2019 $0.34; Sep 24, 2019 $0.44; Dec 16, 2019 $0.45; Mar 25, 2020 $0.44; Jun 15, 2020 $0.40; Sep 23, 2020 $0.41; Dec 14, 2020 $0.40; Mar 25, 2021 $0.36; Jun 10, 2021 $0.25; Sep 24, 2021 $0.39; Dec 13, 2021 $0.40; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.47; Dec 13, 2022 $0.40; Mar 23, 2023 $0.36; Jun 7, 2023 $0.30; Sep 26, 2023 $0.45; Dec 20, 2023 $0.48; Mar 21, 2024 $0.35; Jun 11, 2024 $0.37; Sep 25, 2024 $0.46; Dec 17, 2024 $0.43; Mar 18, 2025 $0.38; Jun 16, 2025 $0.40; Sep 16, 2025 $0.40; Dec 16, 2025 $0.48; Mar 17, 2026 $0.36; Jun 15, 2026 $0.39; Sep 15, 2026 $0.42. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.42
Jun 15, 2026Jun 18, 2026$0.39
Mar 17, 2026Mar 20, 2026$0.36
Dec 16, 2025Dec 19, 2025$0.48
Sep 16, 2025Sep 19, 2025$0.40
Jun 16, 2025Jun 20, 2025$0.40
Mar 18, 2025Mar 21, 2025$0.38
Dec 17, 2024Dec 20, 2024$0.43
Sep 25, 2024Sep 30, 2024$0.46
Jun 11, 2024Jun 17, 2024$0.37
Mar 21, 2024Mar 27, 2024$0.35
Dec 20, 2023Dec 27, 2023$0.48

See all 89 payments⁠

$10,000 in ILCV 10 years ago paid $3,543 in dividends.⁠

ILCV Risk

Risk pillarA90 out of 100Rank 1 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
10.7%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.57
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−18.6%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.82
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ILCV Cost

Tied cheapest in US Multifactor

$849

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ILCV 0.04%

    $849

$10,000
30 years

Cost over time

  • ILCV 0.04%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800$1K051015202530ILCV $849

Year by year

YearILCV
10$73
20$288
30$849

Other funds in US Multifactor

See others