ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
iShares Morningstar Mid-Cap ETF
$97.50+0.15 (+0.15%)
- 0.04%
- $1.7B
- +21.9%
- 1.23%
- 0M sh
- $97.52
- low $78.89high $101.37
The ETF.net IMCB Grade
A
Score 82 out of 100
- 1 of 13
Score 82 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.A86 out of 100Rank 1 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A77 out of 100Rank 1 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 3 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 5 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A70 out of 100Rank 4 of 13
Our read on IMCB
AMid-cap America for four basis points, running since 2004. It samples Morningstar's US mid-cap index across roughly 400 stocks and hews to that benchmark about as closely as anything in its category.
The Fund seeks to track an index of mid-capitalization U.S. equities. It uses indexing and representative sampling rather than trying to outperform the index.
Why people hold it
- Costs 0.04% a year, against roughly 0.15% typical for the mid-cap group.
- Indexing, not opinions: representative sampling of the Morningstar US Mid Cap Index, with tracking among the tightest in its peer group.ishares.com
- Trading since 2004 and now a multi-billion-dollar fund, so there is a long operating history here, not a launch-year story.
- About 400 names covering both the growth and value sides of US mid caps, so no style tilt is baked in.
Worth knowing
- Thinly traded next to the category's household names, so spreads and order handling matter more at the moment of a trade.
- All US, all stocks: mid caps move harder than mega caps, and nothing else in the portfolio cushions an equity selloff.
- VO and SCHM cover similar ground at 0.03%, so the cost edge here is over the group average rather than over the cheapest rivals.
IMCB Holdings
- Stocks
- 398
- 8%
- DELL
Geography
- United States96.13%
- Ireland1.79%
- United Kingdom0.60%
- Switzerland0.43%
- Netherlands0.38%
- Cayman Islands0.37%
- Bermuda0.22%
- Canada0.07%
IMCB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IMCB$12,194
Returns run to the Oct 12, 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 | IMCB |
|---|---|
| Year to date | +18.8% |
| 1 month | +0.3% |
| 3 months | +0.6% |
| 1 year | +21.9% |
| 3 years | +19.5% |
| 5 years | +9.1% |
| 10 years | +11.6% |
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 | IMCB |
|---|---|---|
| 2026 YTD | +18.8% | |
| 2025 | +10.3% | |
| 2024 | +15.1% | |
| 2023 | +16.4% | |
| 2022 | −16.1% | |
| 2021 | +22.8% | |
| 2020 | +13.3% |
IMCB in the news
IMCB Dividends
- 1.23%
- $1.20
- $0.32 per share
- Quarterly
Distribution history
IMCB Risk
- 14.3%
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.
- 0.93
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.
- −25.1%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IMCB Cost
0.04%
IMCB0.04%
- The middle half of US Mid-Cap funds
- Median 0.15%
2 of the 13 US Mid-Cap funds charge less.
Other funds in US Mid-Cap
- ASCHMSchwab U.S. Mid-Cap ETFExpense ratio 0.03%1 year return +21.0%
- AVOVanguard Morningstar Mid-Cap ETFExpense ratio 0.03%1 year return +14.7%
- AIWRiShares Russell Mid-Cap ETFExpense ratio 0.18%1 year return +17.9%
- ABKMCBNY Mellon US Mid Cap Core Equity ETFExpense ratio 0.04%1 year return +10.9%
- BBBMCJPMorgan BetaBuilders U.S. Mid Cap Equity ETFExpense ratio 0.07%1 year return +21.5%