IWP — iShares Russell Mid-Cap Growth ETF

IWP Price Performance — Growth of $10,000

Value of a $10,000 investment in IWP over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IWP Drawdown

The "underwater" chart: IWP's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Russell Mid-Cap Growth ETF is a US Mid Cap fund issued by iShares with $19.3 billion in assets under management. It holds a D grade with a score of 46.4 out of 100, ranking 14th out of 14 peers in its category and 394th of 458 tracked ETFs overall. The fund’s 0.23% expense ratio exceeds the category median of 0.15%, while its 0.40% dividend yield falls significantly below the median of 1.27%. Top 10 holdings comprise 21.9% of assets, with the largest position being BlackRock Funds III at 3.7%.

Price action shows the fund trading at $132.81, which sits at 38.9% of its 52-week range between $122.94 and $148.29. Short-term returns are negative across one day, one week, one month, three months, six months, year-to-date, and one year, with the latter at -5.86%. This contrasts sharply with the category median 1-year return of +13.21% and the fund’s own +56.33% return over three years. The rating has remained unchanged at grade D across the last 35 tracked days, and price history is available for 3.0 years.

The fund exhibits a beta of 1.19 and an annualized volatility of 18.54%, which is labeled as Moderate. A Sharpe ratio of -0.59 indicates poor risk-adjusted performance relative to the risk-free rate during the measured period. Maximum drawdown reached -25.20%, reflecting significant downside potential. Liquidity is supported by an average daily volume of 737,754 shares.

AI-generated summary based on the data on this page.

IWP Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IWP's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IWP

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IWP's top 10 — IWR overlaps most, holding 8 of the same companies as IWP's top 10 (18.3% of IWP's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IWP Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 738K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $19.3B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IWP is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IWP Performance History

How IWP Compares to Other US Mid Cap ETFs