IMCG
iShares Morningstar Mid-Cap Growth ETF
IMCG tracks a market-cap-weighted index of US midcap stocks companies selected based on their growth characteristics.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
2.2 B
ASSETS UNDER MGMT
6 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Fund Advisors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 28, 2004 |
| Assets (mns) | $2,224 |
| Expense ratio | 6 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PALANTIR TECHNOLOGIES INC. CLASS A | 1.5 % |
| AUTODESK INC | 1.1 % |
| HILTON WORLDWIDE HOLDINGS, INC. | 1.1 % |
| AUTOZONE INC | 1.0 % |
| TRADE DESK, INC. CLASS A | 1.0 % |
| FORTINET INC | 0.9 % |
| WORKDAY INC-CLASS A | 0.9 % |
| WW GRAINGER INC | 0.9 % |
| ROSS STORES INC | 0.9 % |
| FAIR ISAAC CORP | 0.9 % |
Constituent Breakdown
| Number of holdings | 301 |
| Herfindahl-Hirschman Index | 49 |
| Wgt avg mkt cap (mns) | $32,819 |
| Large cap (>$10bn) | 96.0% |
| Mid cap ($2-10bn) | 2.7% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 99.6% |
| Emerging mkts. | 0.4% |
Country Exposure
 |
UNITED STATES | 94.3 % |
 |
IRELAND | 1.2 % |
 |
BRITAIN | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 13.9% | 29.2% | 21.6% | 2.9% | 13.2% | 12.1% | 11.3% | Volatility | 13.6% | 14.4% | 20.1% | 21.1% | 24.0% | 20.1% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.10 | 88% |
| MSCI EAFE | 1.03 | 74% |
| MSCI Emg Mkts | 0.81 | 44% |
Liquidity Measures
| Avg. volume (000) | 119 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.05% |
| ADV of underlying (mns) | $65,382 |
Technical Indicators
| Recent close | $73.52 |
| 30d moving avg. | $70.69 |
| Annualized volatility | 21.1% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 3.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IMCG |
Expenses vs. IMCG |
ALTAR Score™ vs. IMCG |
|---|---|---|---|---|
| IMCB | iShares Morningstar Mid-Cap ETF | 63.1% | -2 bp | +1.7% |
| VO | Vanguard Mid-Cap ETF | 55.5% | -2 bp | +1.3% |
| VOT | Vanguard Mid-Cap Growth ETF | 51.7% | +1 bp | -0.5% |
| IWR | iShares Russell Midcap ETF | 50.9% | +13 bp | +1.4% |
| IWP | iShares Russell Mid-Cap Growth ETF | 46.1% | +17 bp | -0.8% |
| SIZE | iShares MSCI USA Size Factor ETF | 41.8% | +9 bp | +1.5% |
| JHMM | John Hancock Multifactor Mid Cap ETF | 41.7% | +36 bp | +2.0% |
| EUSA | iShares MSCI USA Equal Weighted ETF | 41.6% | +3 bp | +1.6% |
| GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 41.0% | +3 bp | +1.7% |
| TPLC | Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund | 40.5% | +46 bp | +1.0% |
Risk and Returns: IMCG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/23/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IMCG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
IMCG
4.3%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 934 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.5%. IMCG's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places IMCG in the 29th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IMCGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| IMCG (6 bp) Percentile rank | 11 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IMCG | 6.0 | 5.0 | 11 |
| Peer Avg. | 29.6 | 13.9 | 43.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .