Key stats
About iShares Microcap ETF
Home page
Inception date
Aug 12, 2005
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IWC takes a plain vanilla, market-cap-weighted view of the micro-cap segment. The underlying index selects 1000 of the smallest from the Russell 2000 Index. From our perspective, however, it skews large, putting a lot of weight in companies we consider small-caps. Its beta indicates that the fund is relatively volatile compared with the broad US micro-cap market. Still, it provides decent coverage of the space overall. Holdings costs are likely to be lower than the stated expense ratio, thanks to smart portfolio management that tends to recover a sizeable chunk. A solid choice for this hard to reach area of the market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks99.61%
Finance27.05%
Health Technology19.08%
Technology Services9.95%
Electronic Technology8.75%
Producer Manufacturing5.03%
Commercial Services4.99%
Consumer Services3.43%
Industrial Services3.06%
Retail Trade2.57%
Consumer Durables2.42%
Non-Energy Minerals2.42%
Process Industries2.22%
Energy Minerals1.68%
Distribution Services1.36%
Consumer Non-Durables1.30%
Transportation1.18%
Health Services1.17%
Utilities0.98%
Communications0.59%
Miscellaneous0.40%
Bonds, Cash & Other0.39%
Cash0.28%
Miscellaneous0.11%
Stock breakdown by region
North America98.75%
Europe0.63%
Latin America0.30%
Asia0.18%
Middle East0.14%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IWC invests in stocks. The fund's major sectors are Finance, with 27.05% stocks, and Health Technology, with 19.08% of the basket. The assets are mostly located in the North America region.
IWC top holdings are SoundHound AI, Inc Class A and Archer Aviation Inc Class A, occupying 0.86% and 0.86% of the portfolio correspondingly.
IWC last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.38 USD in dividends, which shows a 35.62% decrease.
IWC assets under management is 780.77 M USD. It's fallen 0.18% over the last month.
IWC fund flows account for −71.74 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IWC pays dividends to its holders with the dividend yield of 1.17%. The last dividend (Mar 21, 2025) amounted to 0.28 USD. The dividends are paid quarterly.
IWC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Aug 12, 2005, and its management style is Passive.
IWC expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
IWC follows the Russell Microcap. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IWC invests in stocks.
IWC price has risen by 5.90% over the last month, and its yearly performance shows a 2.03% increase. See more dynamics on IWC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.71% over the last month, showed a 2.16% increase in three-month performance and has increased by 3.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.71% over the last month, showed a 2.16% increase in three-month performance and has increased by 3.28% in a year.
IWC trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.