iShares MSCI USA Mid-Cap Multifactor ETF (MIDF)
iShares MSCI USA Mid-Cap Multifactor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $36.68, up 0.00% on the session, giving a market capitalisation of $9.0M. Its beta of 1.10 implies it has historically moved more than the broad market.
This index aims to identify U.S. mid-sized company stocks from the broader MSCI USA Mid Cap Index that exhibit strong alignment with four specific investment style factors: value, quality, momentum, and a smaller market capitalization. A key design principle is to ensure that the overall risk level remains similar to that of the parent index. The fund typically commits at least 80% of its total assets to the securities comprising this underlying index, or to other investments whose economic attributes are virtually identical to those index components.
iShares MSCI USA Mid-Cap Multifactor ETF is most often compared with the following Financial Services names: