IWP: Betting On Growth Without Mega-Caps Is Challenging

Fred PiardInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryiShares Russell Mid-Cap Growth ETF offers diversified mid-cap growth exposure, overweighting industrials, consumer discretionary, IT, and healthcare sectors.IWP has slightly underperformed its parent index since inception but has outperformed several mid-cap growth ETF competitors since 2011.Earnings and cash flow growth rates are approximately three times those of IWR.IWP is suitable for investors seeking mid-cap growth exposure without mega-cap concentration, but IMCG shows marginally better returns since 2011 and lower fees.Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here » iQoncept/iStock via Getty Images This article updates my review of October 2024 in light of current holdings and recent performance. IWP Strategy iShares Russell Mid-Cap Growth ETF (IWP) was launched on 07/17/2001 and tracks the Russell Midcap GrowthThis article was written byFred Piard16.35K FollowersFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.