ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
iShares Russell Mid-Cap ETF
$109.59+0.12 (+0.11%)
- 0.18%
- $56.8B
- +17.9%
- 1.16%
- 1.7M sh
- $109.81
- low $91.64high $114.97
The ETF.net IWR Grade
A
Score 74 out of 100
- 4 of 13
Score 74 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.C43 out of 100Rank 8 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.B69 out of 100Rank 3 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A93 out of 100Rank 1 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 2 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A86 out of 100Rank 2 of 13
Our read on IWR
AThe Russell mid-cap standard: roughly 800 mid-sized US companies in one ticker, tracked since 2001. Big, heavily traded, and priced a notch above the index-fund floor.
The fund seeks to track an index composed of mid-sized U.S. companies.
Why people hold it
- Has tracked the Russell MidCap Index since 2001 and hews to it about as closely as anything in the mid-cap group.ishares.com
- Roughly 800 mid-size US names, so no single stock carries the fund.
- A multi-billion-dollar fund that trades actively, which tends to keep bid-ask spreads thin for small and large orders alike.
- Plain 1940 Act fund paying quarterly distributions. No leverage, no exotic wrapper to babysit.
Worth knowing
- 0.18% a year, versus 0.03% for mid-cap rivals like VO and SCHM. Same aisle, different sticker.
- Different yardstick than several rivals: Russell MidCap rather than a Morningstar mid-cap index, so the holdings and the size cutoffs differ.
- All equity, all US. Nothing here (bonds, cash, foreign stocks) cushions a domestic stock selloff.
IWR Holdings
- Stocks
- 828
- 7%
- MPC
Geography
- United States96.32%
- United Kingdom0.81%
- Bermuda0.63%
- Switzerland0.60%
- Ireland0.55%
- Cayman Islands0.41%
- Australia0.10%
- Netherlands0.10%
- 0.46%
IWR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IWR$11,788
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 | IWR |
|---|---|
| Year to date | +14.7% |
| 1 month | −0.1% |
| 3 months | −0.2% |
| 1 year | +17.9% |
| 3 years | +18.3% |
| 5 years | +8.1% |
| 10 years | +11.4% |
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 | IWR |
|---|---|---|
| 2026 YTD | +14.7% | |
| 2025 | +10.4% | |
| 2024 | +15.2% | |
| 2023 | +17.1% | |
| 2022 | −17.5% | |
| 2021 | +22.4% | |
| 2020 | +16.9% |
IWR in the news
IWR Dividends
- 1.16%
- $1.27
- $0.33 per share
- Quarterly
Distribution history
IWR Risk
- 14.5%
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.
- 0.85
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.
- −26.2%
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.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IWR Cost
0.18%
IWR0.18%
- The middle half of US Mid-Cap funds
- Median 0.15%
7 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%
- 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%
- BIQSMNYLI Candriam U.S. Mid Cap Equity ETFExpense ratio 0.15%1 year return +18.4%