Key Highlights

  • iShares Morningstar Mid-Cap Growth ETF tracks the Morningstar US Mid Cap Broad Growth Index, with exposure to U.S. mid-cap growth equities.
  • The fund reported 259 holdings and an expense ratio of 0.06%.
  • The fund's disclosed holdings and investment framework describe mid-sized companies selected by growth characteristics; historic return figures are excluded.

On Oct 27, 2026, iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) recorded a closing price of USD 95.19. The fund is designed around U.S. mid-cap growth equities and uses the Morningstar US Mid Cap Broad Growth Index as its reference benchmark. Its composition is best understood through the selection framework, the securities it holds and the fund characteristics accompanying the disclosed portfolio. Rather than describing historic share-price movements, this article examines its current exposure and the practical structure of the ETF.

How the Portfolio Is Constructed

IMCG tracks a benchmark targeting U.S. mid-cap companies that meet growth-oriented selection measures. The selection framework draws on indicators such as earnings, sales, cash flow and book-value growth, distinguishing the fund’s composition from broad mid-cap or value-focused indexes.

The stated benchmark, Morningstar US Mid Cap Broad Growth Index, defines the fund’s investment universe. Within that framework, iShares Morningstar Mid-Cap Growth ETF supplies exchange-traded exposure to U.S. mid-cap growth equities. The distinction between the benchmark and the fund matters: the benchmark describes the selection and weighting framework, while the ETF holds a portfolio of securities intended to implement it. Actual constituents and weights may vary as the relevant index changes.

Holdings and Sector Exposure

Fortinet, Snowflake, Cloudflare, Dell Technologies, Freeport-McMoRan, Datadog and Johnson Controls are among the disclosed holdings. The companies span cybersecurity, cloud services, computing hardware, materials and industrial technology.

A growth index can include several industries, not only software companies. The underlying eligibility rules and company characteristics determine inclusion. Holdings and constituent weights may change when the benchmark reconstitutes or when share prices and company fundamentals move.

Fund Size, Costs and Trading Characteristics

The supplied fund data identifies net fund assets of $4,114,542,263, 259 reported holdings, an expense ratio of 0.06% and a listing on NYSE Arca. These details describe the fund at the reported reference dates rather than results earned by an investor. Net assets provide a measure of scale, the holdings count indicates the number of portfolio positions, and the fee figure describes a recurring fund cost.

The underlying constituents may be exposed to different business cycles, markets and operating conditions. The fund’s stated strategy and current positions therefore provide complementary information: one explains what the ETF seeks to own, and the other identifies some securities held at the reporting date.

Portfolio Details to Monitor

Constituent additions and removals, changes in relative holdings weights and adjustments to the Morningstar US Mid Cap Broad Growth Index can alter exposure over time. The fund’s published portfolio characteristics should be read with their reporting dates because holdings information and closing prices may come from different dates. Those distinctions preserve the difference between a current portfolio description and any historical performance measure.