 The
iShares Micro-Cap ETF (IWC) is an exchange-traded fund that seeks to
track the investment results of the Russell Microcap Index. The
Russell Microcap Index is a subset of the Russell 3000 Index,
representing the smallest 1,000 securities in the index by market
capitalization.
The IWC ETF was launched on August 1, 2005, and
is managed by BlackRock Fund Advisors. Its expense ratio is 0.60%,
which is higher than the average expense ratio for comparable
small-cap ETFs.
Investing in micro-cap stocks can be riskier
than investing in larger companies due to their volatility, lack of
liquidity, and limited information availability. However, micro-cap
stocks can also offer higher potential returns, as they are often
undervalued and have more room to grow.
The IWC ETF provides
investors with exposure to a diversified portfolio of micro-cap stocks
across various sectors, including technology, healthcare, industrials,
and consumer discretionary. As of March 22, 2023, the top holdings of
the IWC ETF include Amedisys Inc., Malibu Boats Inc., and Lantheus
Holdings Inc.
Investors interested in the IWC ETF should
carefully consider their investment objectives, risk tolerance, and
investment time horizon before investing. It is important to note that
past performance is not a guarantee of future results, and the value
of an investment in the IWC ETF may fluctuate over time.
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