Overview
Description
The iShares S&P Mid-Cap ETF is an exchange-traded fund designed to track the performance of the S&P MidCap 400 Index. Its primary purpose is to provide investors with exposure to a diversified portfolio of U.S. mid-cap stocks, which fall between large-cap and small-cap in terms of market capitalization. This ETF includes companies across a wide array of sectors, such as industrials, consumer discretionary, health care, and technology, offering a balanced approach to gain access to the mid-cap market.
Mid-cap companies often are characterized by greater growth potential compared to their large-cap counterparts, alongside slightly higher risk than small-cap stocks. The iShares S&P Mid-Cap ETF serves as a strategic investment tool for those seeking to diversify their portfolio with medium-sized firms poised for expansion. This ETF holds significant market relevance as it reflects the economic dynamism of mid-sized corporations, providing insights into the broader economic health. Managed by iShares, a global leader in the ETF industry, this asset exemplifies a transparent and efficient method to invest in mid-cap equities.
About
Address
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Phone
02 9272 2200
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX