IMCG offers targeted exposure to mid-cap U.S. growth stocks but faces challenges due to potential economic slowdown and risk-averse sentiment toward growth-oriented companies. The fund's portfolio is overweight in technology and industrials, with a higher valuation than the Russell Midcap index, reflecting its growth orientation. IMCG has shown slight outperformance over the long term, with competitive returns and below-average volatility, but mid-cap growth funds have struggled recently.
iShares Morningstar Mid-Cap Growth ETF holds 301 mid-cap stocks selected based on historical and forecasted growth metrics. The portfolio is well-diversified, with a focus on industrials and technology. IMCG has outperformed the mid-cap benchmark since 2004 and six other mid-cap growth ETFs since 2016.
If you're interested in broad exposure to the Mid Cap Growth segment of the US equity market, look no further than the iShares Morningstar Mid-Cap Growth ETF (IMCG), a passively managed exchange traded fund launched on 06/28/2004.
If you're interested in broad exposure to the Mid Cap Growth segment of the US equity market, look no further than the iShares Morningstar Mid-Cap Growth ETF (IMCG), a passively managed exchange traded fund launched on 06/28/2004.
iShares Morningstar Mid-Cap Growth ETF has outperformed other mid-cap growth funds but underperformed large-cap growth funds due to lower exposure to technology stocks. IMCG has yet to reach its record high from late 2021, unlike the S&P 500 index. The rise of passive investing, which favors large-cap stocks, will likely continue to impact IMCG's performance.
The iShares Morningstar Mid-Cap Growth ETF (IMCG) was launched on 06/28/2004, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.