IWR — iShares Russell Mid-Cap ETF
US Mid Cap Ranked #63 of 120 tracked ETFs · Issued by iShares
Overview
The iShares Russell Mid-Cap ETF (IWR) is a fund managed by iShares that operates within the US Mid Cap category, one of five ETFs tracked by ETFValuer in this segment. With assets under management totaling $57.0 billion and a current price of $108.95, the fund demonstrates significant investor adoption relative to its category peers. It holds an overall rank of #63 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C, reflecting a score of 61.2 out of 100. The fund charges an expense ratio of 0.18% while offering a dividend yield of 0.73%. These metrics position IWR as a large-capacity vehicle within a small group of competitors, balancing cost efficiency with a moderate income profile. The substantial AUM suggests deep liquidity, while the mid-tier ranking indicates it faces stiff competition from other funds in the same sector.
Over the most recent trading day, the fund declined by 0.94%, following a weekly drop of 1.24%. However, the trend shifted positively over the longer term, with a one-month return of +2.85% and a three-month gain of +10.79%. This momentum continued into the six-month period with a return of +11.19%, and year-to-date performance stands at +12.55%. The one-year return reached +18.64%, while the three-year return accumulated to +50.74%. This pattern illustrates a divergence where short-term volatility masked a consistent upward trajectory over the past year and beyond. The acceleration from the one-month figure to the three-year total highlights sustained growth despite recent daily fluctuations.
IWR carries a volatility label of Low and a beta of 0.98, suggesting price movements that generally align with or slightly trail the broader market. The fund's Sharpe ratio of 0.99 indicates a favorable risk-adjusted return profile relative to the volatility experienced. Despite the low volatility classification, the maximum drawdown reached -21.09%, reflecting the potential for significant temporary losses during market downturns. This combination of a low beta and a substantial drawdown implies that while the fund may not amplify market swings, it remains exposed to deep corrections. The Sharpe ratio suggests that the returns generated over the measured period have compensated adequately for the risks taken, even with the observed drawdown magnitude.
AI-generated summary based on the data on this page.
IWR Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | BlackRock Funds III | 2.98% | $1.44B |
| 2 | Corning, Inc. | 0.84% | $406M |
| 3 | Vertiv Holdings Co. | 0.76% | $364M |
| 4 | Howmet Aerospace, Inc. | 0.73% | $353M |
| 5 | Western Digital Corp. | 0.73% | $352M |
| 6 | Sandisk Corp. | 0.72% | $347M |
| 7 | Bank of New York Mellon Corp. (The) | 0.65% | $312M |
| 8 | Quanta Services, Inc. | 0.64% | $309M |
| 9 | Valero Energy Corp. | 0.60% | $287M |
| 10 | Cummins, Inc. | 0.59% | $283M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
IWR Performance History
| Period | Return |
|---|---|
| 1-Day | -0.94% |
| 1-Week | -1.24% |
| 1-Month | +2.85% |
| 3-Month | +10.79% |
| 6-Month | +11.19% |
| YTD | +12.55% |
| 1-Year | +18.64% |
| 3-Year | +50.74% |
How IWR Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #52 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +25.82% | 0.03% | $15.3B |
| #60 | C |
VO | Vanguard Mid-Cap Index Fund ETF Shares | +15.23% | 0.03% | $224B |
| #63 | C |
IWR | iShares Russell Mid-Cap ETF | +18.64% | 0.18% | $57.0B |
| #66 | C |
IJH | iShares Core S&P Mid-Cap ETF | +19.88% | 0.05% | $124B |
| #88 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +19.48% | 0.23% | $28.1B |