iShares Morningstar Small-Cap Value ETF

Frequently Asked Questions About JKL

What does JKL invest in?

The iShares Morningstar Small-Cap Value ETF is structured to replicate the financial performance of a specific index. This index is comprised of smaller American companies that are identified by their value investment characteristics.

What is the expense ratio of JKL?

iShares Morningstar Small-Cap Value ETF (JKL) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JKL?

iShares Morningstar Small-Cap Value ETF (JKL) manages $688.5M 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 JKL actively managed or an index fund?

JKL 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 (JKL's is 0.06%) because there's no security selection cost.

When was JKL launched?

iShares Morningstar Small-Cap Value ETF (JKL) launched in June 2004 and is managed by IShares.

How has JKL performed?

JKL'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.