- ISIN
- US4642884062
- CUSIP
- 464288406
- Issuer
- iShares
- Inception Date
- Jun 28, 2004
- Region
- North America (U.S.)
- Category
- Mid Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Morningstar US Mid Cap Broad Value Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $1B
Share Price Chart
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Performance
IMCV Performance Chart
iShares Morningstar Mid-Cap ETF (IMCV) is up 10.4% since the beginning of the year. IMCV is currently trading at $90 per share. Investors who bought $1,000 worth of IMCV shares 5 years ago would now be looking at an investment worth $1,576.
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Returns By Period
iShares Morningstar Mid-Cap ETF (IMCV) has returned 10.42% so far this year and 23.40% over the past 12 months. Over the last ten years, IMCV has returned 10.74% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares Morningstar Mid-Cap ETF
- 1D
- 0.32%
- 1M
- 1.06%
- YTD
- 10.42%
- 6M
- 9.46%
- 1Y
- 23.40%
- 3Y*
- 16.32%
- 5Y*
- 9.52%
- 10Y*
- 10.74%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IMCV Monthly Returns History
Based on dividend-adjusted daily data since Jul 2, 2004, IMCV's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +19.0%, while the worst month was Mar 2020 at -23.8%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IMCV closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +12.0%, while the worst single day was Mar 16, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.48% | 4.77% | -4.62% | 5.58% | 0.38% | 0.76% | 10.42% | ||||||
| 2025 | 2.90% | 0.05% | -2.38% | -3.79% | 3.84% | 3.12% | 1.48% | 3.73% | 1.00% | -0.84% | 2.76% | 1.22% | 13.52% |
| 2024 | -1.89% | 3.73% | 5.75% | -4.22% | 3.48% | -1.82% | 5.72% | 2.34% | 1.56% | -1.00% | 6.78% | -7.72% | 12.28% |
| 2023 | 7.80% | -3.48% | -3.55% | 0.52% | -5.48% | 8.84% | 4.02% | -3.73% | -4.34% | -3.94% | 9.39% | 7.11% | 11.89% |
| 2022 | -2.08% | 0.18% | 3.37% | -4.92% | 2.37% | -11.10% | 7.72% | -2.61% | -9.52% | 10.19% | 6.62% | -4.93% | -6.98% |
| 2021 | 1.08% | 9.16% | 7.39% | 4.13% | 2.76% | -2.01% | -0.40% | 2.22% | -2.76% | 4.57% | -2.54% | 6.54% | 33.56% |
Benchmark Metrics
iShares Morningstar Mid-Cap ETF has an annualized alpha of 1.33%, beta of 0.96, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since July 02, 2004.
- This ETF captured 106.43% of S&P 500 Index gains and 103.25% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 0.96 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.33%
- Beta
- 0.96
- R²
- 0.79
- Upside Capture
- 106.43%
- Downside Capture
- 103.25%
Expense Ratio
IMCV has an expense ratio of 0.06%, which is considered low.
Return for Risk
Risk / Return Rank
IMCV ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Morningstar Mid-Cap ETF (IMCV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IMCV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.78 | +0.62 |
| Martin ratioReturn relative to average drawdown | 12.65 | 12.44 | +0.21 |
Dividends
Dividend History
iShares Morningstar Mid-Cap ETF provided a 1.92% dividend yield over the last twelve months, with an annual payout of $1.73 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.73 | $1.84 | $1.75 | $1.56 | $1.46 | $1.27 | $1.36 | $1.38 | $1.21 | $0.99 | $1.01 | $0.91 |
Dividend yield | 1.92% | 2.23% | 2.36% | 2.30% | 2.36% | 1.86% | 2.61% | 2.45% | 2.61% | 1.87% | 2.09% | 2.29% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Morningstar Mid-Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.42 | $0.77 | ||||||
| 2025 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.54 | $1.84 |
| 2024 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.52 | $1.75 |
| 2023 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.47 | $1.56 |
| 2022 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.44 | $1.46 |
| 2021 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $1.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Morningstar Mid-Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Morningstar Mid-Cap ETF was 64.74%, occurring on Mar 9, 2009. Recovery took 953 trading sessions.
The current iShares Morningstar Mid-Cap ETF drawdown is 1.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -64.74%Mar 2009 | 1y 9mo | 3y 9mo | 5y 6moJun 2007 - Dec 2012 |
COVID crash2020 | -46.33%Mar 2020 | 2mo 2d | 9mo 27d | 11mo 29dJan 2020 - Jan 2021 |
Bear market2022 | -19.87%Sep 2022 | 5mo 12d | 1y 2mo | 1y 8moApr 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.63%Dec 2018 | 10mo 29d | 8mo 22d | 1y 7moJan 2018 - Sep 2019 |
2025 selloff2025 | -18.63%Apr 2025 | 4mo 7d | 4mo 16d | 8mo 23dDec 2024 - Aug 2025 |
Drawdown Indicators
| IMCV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.74% | -56.78% | -7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -9.10% | +2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -18.63% | -18.90% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -25.43% | +5.56% |
Max Drawdown (10Y)Largest decline over 10 years | -46.33% | -33.92% | -12.41% |
Current DrawdownCurrent decline from peak | -1.45% | -1.80% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -8.40% | -10.71% | +2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 2.03% | -0.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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