iShares Morningstar Value ETF

Frequently Asked Questions About ILCV

What does ILCV invest in?

The iShares Morningstar Value ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit value characteristics.

What is the expense ratio of ILCV?

iShares Morningstar Value ETF (ILCV) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ILCV?

iShares Morningstar Value ETF (ILCV) manages $1.30B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ILCV actively managed or an index fund?

ILCV is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ILCV's is 0.04%) because there's no security selection cost.

When was ILCV launched?

iShares Morningstar Value ETF (ILCV) launched in June 2004 and is managed by IShares.

How has ILCV performed?

ILCV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.