iShares S&P Mid-Cap 400 Value ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$127.50
- Net Assets:$4,070 Million
- Peer Rank:77 of 323
- Investment Rating:B-
We rate iShares S&P Mid Cap 400 Value at B-. Positive factors that influence this rating include a greater than above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
POSITIVES AND RISKS
Total return ranks above peers over the last three years. The iShares S&P Mid Cap 400 Value has returned an annual rate of 10.15% since inception. More recently, the fund has generated a total return of 10.50% in the last five years, 9.53% in the last three years, and 2.09% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 71% of them. It has also outpaced 68% of its competitors on a three year basis and 59% of them over the last year for the period ending 6/30/2016. On a year to date basis, IJJ has returned 10.53%.
Downside risk has been below average. IJJ has a draw down risk of -16.04%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 13.2%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $127.50, which is 3.1% below its 52-week high of $131.61 and 5.7% above its 52-week low of $120.67.
Low expense ratio helps performance. As IJJ is an exchange traded fund, it has no front end or back end load.
The iShares S&P Mid Cap 400 Value is managed by Diane Hsiung at BlackRock Fund Advisors. This fund is one of 305 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.