Highlights

  • ISCV targets US small cap equities exhibiting value characteristics.
  • The published expense ratio is 0.06%.
  • The fund's distribution frequency is quarterly.

iShares Morningstar Small-Cap Value ETF (NYSE Arca:ISCV) seeks exposure to US small cap equities exhibiting value characteristics. With net asset value of USD 78.45 per share as of 30 October 2026, the fund reported net Assets of USD 690,341,901 as of 30 October 2026. Its Investment approach centres on tracking the Morningstar US Small Cap Broad Value Extended Index.

Size and Valuation Create a Specific Allocation

Applying a value classification within smaller companies creates an allocation with two distinct filters. Valuation measures can identify prices that are low relative to Business fundamentals, but smaller firms may have limited financial resources or more concentrated operations. The reasons for a low valuation therefore matter. Sector weights show whether the resulting exposure depends heavily on particular industries or sources of demand.

Portfolio Composition and Exposure

ISCV reported 1,039 holdings as of 30 October 2026. This count describes the portfolio at that date and can change as securities enter or leave the fund. It does not indicate that each position carries the same weight.

The published exposure breakdown as of 30 October 2026 included Financials at 23.81% and Consumer Discretionary at 13.02%. These allocations show where a meaningful part of the portfolio's exposure was concentrated. The percentages can change with market values and portfolio adjustments.

Fees and Distribution Policy

ISCV lists an expense ratio of 0.06%. This is an ongoing fund cost, rather than a charge covering every expense of buying or selling shares. Brokerage charges and the difference between buying and selling prices can add to an investor's transaction costs. Fund shares trade on NYSE Arca at market prices, which may differ from net asset value.

The stated distribution frequency is quarterly. That schedule describes the timing framework for payments and does not establish a fixed amount. Distributions depend on the fund's available income and applicable distribution decisions. A cash payment also needs to be considered alongside changes in the value of the investment.

Key Insights

A low valuation can reflect persistent business problems, while limited funding access can restrict recovery efforts. Small cap Liquidity and sector concentrations may intensify the effects of weaker earnings. ISCV combines small company exposure with valuation based selection, making financial resilience and industry concentration important to interpreting the apparent discounts within the portfolio.