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IMCV - AI Analysis
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iShares Morningstar Mid-Cap ETF (IMCV)
Rating:70Outperform
Price Target:
$88.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Capital One Financial and Newmont Mining, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Low Expense Ratio
The ETF has a very low expense ratio compared to industry averages, making it cost-effective for investors.
Broad Sector Diversification
The fund is spread across 11 sectors, reducing the risk of being overly reliant on any single industry.
Negative Factors
High U.S. Concentration
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting geographic diversification.
Underperforming Holdings
Some holdings, such as EOG Resources and Air Products and Chemicals, have shown weak year-to-date performance, potentially dragging on returns.
Small Asset Base
The ETF’s assets under management are relatively modest, which could impact liquidity and scalability compared to larger funds.
IMCV vs. SPDR S&P 500 ETF (SPY)
AUM863.74M
RegionNorth America
Expense Ratio0.06%
Beta0.75
IssueriShares
Inception DateJun 28, 2004
Dividend Yield2.28%
Asset ClassEquity
Index TrackedMorningstar US Mid Cap Broad Value Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume30,004
30 Day Avg. Volume38,208
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
91.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering282
IMCV Summary
The iShares Morningstar Mid-Cap ETF (IMCV) is an investment fund that focuses on mid-sized companies in the U.S. that are considered undervalued based on their financial fundamentals. It follows the Morningstar US Mid Cap Broad Value Index, which targets companies with strong value characteristics. Some of its top holdings include well-known names like Capital One Financial and Newmont Mining. Investors might consider IMCV for portfolio diversification and the potential for steady growth from mid-cap stocks. However, new investors should be aware that mid-cap stocks can be more volatile than larger companies, and the ETF’s performance may fluctuate with market conditions.
How much will it cost me?The iShares Morningstar Mid-Cap ETF (IMCV) has an expense ratio of 0.06%, which means you’ll pay $0.60 per year for every $1,000 invested. This is lower than average because it’s a passively managed ETF that tracks an index, keeping costs down for investors.
What would affect this ETF?The iShares Morningstar Mid-Cap ETF (IMCV) could benefit from economic growth in the U.S., as mid-cap companies often thrive during periods of expansion due to their balance of growth potential and stability. Positive trends in sectors like financials, technology, and energy, which have significant weight in the ETF, could also drive performance. However, rising interest rates or economic slowdowns may negatively impact mid-cap value stocks, particularly those in interest-sensitive sectors like utilities and real estate.
IMCV Top 10 Holdings
The iShares Morningstar Mid-Cap ETF (IMCV) leans heavily into financials, utilities, and industrials, with a clear focus on U.S.-based value stocks. Capital One Financial and US Bancorp have faced mixed performance recently, with profitability concerns and revenue declines holding them back. On the brighter side, Newmont Mining and American Electric Power are rising stars, benefiting from strong cash flow and strategic investments. However, energy names like EOG Resources are dragging the fund, as recent revenue declines weigh on performance. Overall, the ETF’s sector concentration reflects a balanced approach to mid-cap value opportunities, but some holdings are struggling to gain traction.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Capital One Financial | 2.38% | $20.49M | $138.82B | 34.15% | 58 Neutral | |
| Newmont Mining | 1.54% | $13.25M | $89.82B | 81.14% | 81 Outperform | |
| US Bancorp | 1.24% | $10.70M | $72.89B | -3.04% | 74 Outperform | |
| CSX | 1.13% | $9.75M | $66.37B | 5.94% | 77 Outperform | |
| General Motors | 1.12% | $9.61M | $64.06B | 35.28% | 75 Outperform | |
| American Electric Power | 1.07% | $9.22M | $65.24B | 23.43% | 72 Outperform | |
| Travelers Companies | 1.04% | $8.96M | $60.45B | 10.19% | 80 Outperform | |
| Sempra Energy | 1.03% | $8.84M | $60.31B | 10.88% | 75 Outperform | |
| Marathon Petroleum | 0.99% | $8.49M | $59.48B | 34.48% | 65 Neutral | |
| EOG Resources | 0.98% | $8.42M | $57.58B | -13.53% | 76 Outperform |
IMCV Technical Analysis
Neutral
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Price Trends
79.72
Negative
78.13
Positive
75.47
Positive
Market Momentum
0.07
Positive
49.05
Neutral
24.18
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IMCV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 79.82, equal to the 50-day MA of 79.72, and equal to the 200-day MA of 75.47, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 49.05 is Neutral, neither overbought nor oversold. The STOCH value of 24.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IMCV.
IMCV Peer Comparison
Comparison Results
Performance Comparison
IMCV
iShares Morningstar Mid-Cap ETF
79.68
5.94
8.06%
NUMV
Nuveen ESG Mid-Cap Value ETF
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XMVM
Invesco S&P MidCap Value with Momentum ETF
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RFV
Invesco S&P Midcap 400 Pure Value ETF
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AVMV
Avantis U.S. Mid Cap Value ETF
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FNK
First Trust Mid Cap Value AlphaDEX Fund
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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