IWR — iShares Russell Mid-Cap ETF

IWR Price Performance — Growth of $10,000

Value of a $10,000 investment in IWR 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.

IWR Drawdown

The "underwater" chart: IWR'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 ETF (IWR) is a US Mid Cap fund issued by iShares that tracks 14 other ETFs within its specific category. With assets under management totaling $57.0 billion and a current share price of $109.58, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #136 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 67.5 out of 100. The fund carries an expense ratio of 0.18% and offers a dividend yield of 0.72%. These metrics position the ETF as a large-capacity vehicle within the mid-cap space, balancing cost efficiency with a moderate income profile. The substantial AUM suggests deep liquidity, while the B grade reflects a solid but not top-tier standing among the broader universe of tracked funds.

Short-term performance shows mixed results with a one-day decline of 1.03% and a one-month loss of 0.53%, contrasting with a one-week gain of 0.32%. Over the intermediate term, the fund posted a 3-month return of 6.81% and a 6-month return of 9.60%, indicating a recovery and acceleration in momentum. Year-to-date performance stands at +13.20%, while the one-year return reached +16.94%. The longer-term trajectory is notably stronger, with a three-year return of 53.35% highlighting sustained growth over the full period. This pattern suggests a divergence where recent short-term volatility has been overshadowed by robust multi-year gains.

The fund is classified with a Low volatility label and a beta of 0.98, indicating that its price movements generally align closely with the broader market without excessive amplification. A Sharpe ratio of 0.87 suggests the fund has generated a reasonable amount of excess return per unit of risk taken over the measured period. However, the maximum drawdown of -21.09% reveals the extent of potential losses during market downturns. This combination of low volatility and a beta near unity implies the fund tends to track market direction steadily, yet it remains exposed to significant drawdowns when the market corrects. The data points to a profile where risk is managed through market correlation rather than avoidance, resulting in moderate risk-adjusted returns.

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

IWR Top Holdings

Holdings as of 2025-09-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 9.7% 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 IWR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IWR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IWR's top 10 — IWP overlaps most, holding 6 of the same companies as IWR's top 10 (7.2% of IWR'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: 4.61% (as of 2026-07-28) — 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): 18.21 (as of 2026-07-28) — 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 Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 2.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $57.0B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IWR 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.

IWR Performance History

How IWR Compares to Other US Mid Cap ETFs