Overview
Tracks the Russell Midcap Value Index — around 700 mid-sized US companies with lower price-to-book ratios and value characteristics.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| WMB | Williams Companies | 0.9% |
| CCL | Carnival Corp. | 0.8% |
| OKE | ONEOK Inc. | 0.8% |
| AEP | American Electric Power | 0.7% |
| CBRE | CBRE Group | 0.7% |
| D | Dominion Energy | 0.7% |
| PCG | PG&E Corp. | 0.6% |
| NUE | Nucor Corp. | 0.6% |
| IRM | Iron Mountain | 0.6% |
| MET | MetLife Inc. | 0.6% |
Fund Details
Investment Thesis
IWS is the broadest way to own the mid-cap value cohort — 700 names versus VOE's 190 — which dilutes single-stock risk and captures more of the segment's long-run premium. A +25% trailing year shows what happens when the market broadens beyond mega-cap tech. Russell's annual reconstitution keeps the value discipline honest, migrating stocks out as they get expensive.
Who It's For
Investors who want deep, diversified mid-cap value exposure and prefer Russell's benchmark (the one most active managers are judged against). The institutional-standard building block for the style box.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $76.34 | -- |
| 2017 | $84.74 | +11.0% |
| 2018 | $72.03 | -15.0% |
| 2019 | $89.32 | +24.0% |
| 2020 | $91.10 | +2.0% |
| 2021 | $114.79 | +26.0% |
| 2022 | $98.72 | -14.0% |
| 2023 | $108.59 | +10.0% |
| 2024 | $120.54 | +11.0% |
| 2025 | $135.00 | +12.0% |
| Year | Yield |
|---|---|
| 2016 | 1.90% |
| 2017 | 1.80% |
| 2018 | 2.20% |
| 2019 | 2.00% |
| 2020 | 2.10% |
| 2021 | 1.60% |
| 2022 | 2.00% |
| 2023 | 2.00% |
| 2024 | 1.90% |
| 2025 | 1.80% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $8B | -- |
| 2017 | $10B | +25.0% |
| 2018 | $9B | -10.0% |
| 2019 | $11B | +22.2% |
| 2020 | $11B | +0.0% |
| 2021 | $15B | +36.4% |
| 2022 | $13B | -13.3% |
| 2023 | $13B | +0.0% |
| 2024 | $13B | +0.0% |
| 2025 | $14B | +7.7% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
Related US Broad Market ETFs
Markets. Intelligence. Daily.
Full briefs on 400+ ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.
Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →