ATLASiShares Morningstar Mid-Cap Value ETF (IMCV): outlook, holdings and fees
iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.06% and the yield is 1.93%. The ten largest holdings are 13% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on IMCV
| Last price | $99.84 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $98.21 – $102.56 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.93% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
IMCV fund facts
| Issuer | iShares |
|---|---|
| Theme | US mid caps |
| Assets under management | $1.1B |
| Expense ratio | 0.06% |
| Number of holdings | 267 |
| Portfolio turnover | 37% |
| Inception | Jun 28, 2004 |
| Exchange | NASDAQ |
The fund seeks to track the investment results of the underlying index, which measures the performance of U.S. stocks issued by mid-capitalization companies that have exhibited "value" characteristics as determined by Morningstar, Inc. The stocks in the index are designated as "value" because they are issued by companies that typically have relatively low valuations based on price-to-earnings, price-to-book value, price-to-sales, price-to-cash flow and dividend yields.
IMCV top holdings
| Holding | Sector | Weight |
|---|---|---|
| Valero Energy Corporation VLO | Energy | 1.80% |
| Phillips 66 PSX | Energy | 1.54% |
| Automatic Data Processing Inc ADP | Technology | 1.51% |
| Hewlett Packard Enterprise Co HPE | Technology | 1.46% |
| U.S. Bancorp USB | Financial Services | 1.27% |
| PNC Financial Services Group Inc PNC | Financial Services | 1.26% |
| Elevance Health Inc ELV | Healthcare | 1.24% |
| 3M Company MMM | Industrials | 1.20% |
| Moderna Inc MRNA | Healthcare | 1.09% |
| EOG Resources Inc EOG | Energy | 1.13% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
IMCV sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 17.4% |
| Energy | 13.7% |
| Healthcare | 12.0% |
| Industrials | 10.8% |
| Technology | 10.7% |
| Consumer Defensive | 8.8% |
| Utilities | 8.5% |
| Consumer Cyclicals | 7.7% |
| Real Estate | 4.9% |
| Basic Materials | 4.3% |
| Communication Services | 1.1% |
By region: North America 98.7%, Europe Developed 0.6%, United Kingdom 0.4%, Asia Emerging 0.3%.
IMCV returns and risk
| Year to date | +16.1% |
|---|---|
| 1 year | +23.5% |
| 3 years (annualised) | +20.1% |
| 5 years (annualised) | +10.7% |
| 10 years (annualised) | +10.3% |
| Volatility (3 years) | 12.8% |
| Sharpe ratio (3 years) | 0.96 |
Past returns do not guarantee future results.
IMCV: frequently asked questions
What does IMCV invest in?
iShares Morningstar Mid-Cap Value ETF invests in a portfolio of securities. Its largest holdings are Valero Energy Corporation (1.8%), Phillips 66 (1.5%), Automatic Data Processing Inc (1.5%), Hewlett Packard Enterprise Co (1.5%), U.S. Bancorp (1.3%).
What is the IMCV expense ratio?
0.06% a year: about $6.00 for every $10,000 invested.
What is the IMCV dividend yield?
1.93%. ATLAS does not hold the exact distribution dates for ETFs.
Will IMCV go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $98.21 to $102.56 from $99.84 today. It is a probability, not a prediction.
How has IMCV performed?
Year to date +16.1%, one year +23.5%, three years +20.1% a year, five years +10.7% a year. Past returns do not guarantee future results.
Similar ETFs: US mid caps
- iShares Core S&P Mid-Cap ETF (IJH)
- Vanguard Mid-Cap Index Fund ETF Shares (VO)
- iShares Russell Mid-Cap ETF (IWR)
- Vanguard Morningstar Mid-Cap Value ETF (VOE)
- iShares Russell Mid-Cap Growth ETF (IWP)
- Vanguard Mid-Cap Growth ETF (VOT)
- State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
- iShares Russell Mid-Cap Value ETF (IWS)
Educational information, not investment advice. Disclaimer