Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
iShares Russell Mid-Cap Growth ETF
$140.45−0.54 (−0.38%)
- 0.23%
- $20.1B
- +1.3%
- 0.38%
- 0.8M sh
- $143.03
- low $122.94high $148.29
The ETF.net IWP Grade
B
Score 61 out of 100
- 16 of 35
Score 61 of 100 falls in the B 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.D37 out of 100Rank 22 of 35Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 17 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 33 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 5 of 35Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 9 of 35Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 12 of 35
Our read on IWP
BMid-cap growth, undiluted: about 300 US companies too big to be startups, too small to be mega-caps, screened by Russell for growth traits. Trading since 2001, which makes it one of the elders of the style.
The fund seeks to follow an index of U.S. mid-cap stocks selected for growth characteristics, including measures such as growth forecasts and sales growth.
Why people hold it
- Does what the label says: follows the Russell MidCap Growth Index closely, holding roughly 300 stocks with no manager guesswork layered on top.
- Open since 2001 and now a multi-billion-dollar fund that trades actively, so buying and selling rarely means wrestling with a wide spread.
- Fills the gap the giants skip. The cheapest, best-known growth ETFs (VUG, SCHG, SPYG) are large-cap builds; this one stakes out the middle tier of the market.
- Distributions land on a quarterly schedule, and the mandate stays entirely in US-listed equities.
Worth knowing
- Price of admission: 0.23% a year, above the typical fund in its growth group, and well above large-cap growth rivals that charge a few basis points.
- Growth-priced mid-caps are among the choppier corners of the US equity market, and this fund holds them straight, with no value ballast.
- One style, one size band. Mid-cap value names and large-cap leaders sit outside the index, so this is a slice, not a core US holding.
IWP Holdings
- Stocks
- 275
- 23%
- SNOW
Sectors
- Information Technology34.3%
- Industrials18.3%
- Health Care13.5%
- Consumer Discretionary10.8%
- Energy5.0%
- Financials5.0%
- Communication5.0%
- Utilities2.4%
- Real Estate2.1%
- Consumer Staples1.9%
- Materials1.7%
Geography
- United States97.01%
- Cayman Islands1.54%
- Bermuda0.41%
- Denmark0.33%
- United Kingdom0.32%
- Switzerland0.21%
- Kazakhstan0.08%
- Australia0.05%
- 0.05%
IWP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IWP$10,130
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 | IWP |
|---|---|
| Year to date | +3.2% |
| 1 month | +2.3% |
| 3 months | −1.0% |
| 1 year | +1.3% |
| 3 years | +16.0% |
| 5 years | +5.1% |
| 10 years | +12.2% |
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 | IWP |
|---|---|---|
| 2026 YTD | +3.2% | |
| 2025 | +8.5% | |
| 2024 | +21.9% | |
| 2023 | +25.7% | |
| 2022 | −26.9% | |
| 2021 | +12.6% | |
| 2020 | +35.2% |
IWP in the news
IWP Dividends
- 0.38%
- $0.53
- $0.15 per share
- Quarterly
Distribution history
IWP Risk
- 17.9%
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.
- 0.63
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.
- −38.6%
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.
- 1.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IWP Cost
0.23%
IWP0.23%
- The middle half of US Growth Index funds
- Median 0.18%
21 of the 35 US Growth Index funds charge less.
Other funds in US Growth Index
- BVTWGVanguard Russell 2000 Growth ETFExpense ratio 0.06%1 year return +12.3%
- BGGUSGoldman Sachs MarketBeta Russell 1000 Growth Equity ETFExpense ratio 0.12%1 year return +11.6%
- BSFYSoFi Select 500 ETFExpense ratio 0.19%1 year return +23.5%
- BSTXGStrive 1000 Growth ETFExpense ratio 0.18%1 year return +17.9%
- BIWYiShares Russell Top 200 Growth ETFExpense ratio 0.20%1 year return +11.7%