iShares MSCI USA Mid-Cap Multifactor ETF

Frequently Asked Questions About MIDF

What does MIDF invest in?

The index is designed to select equity securities from the MSCI USA Mid Cap Index (the "parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.

What is the expense ratio of MIDF?

iShares MSCI USA Mid-Cap Multifactor ETF (MIDF) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MIDF?

iShares MSCI USA Mid-Cap Multifactor ETF (MIDF) manages $9.0M 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 MIDF actively managed or an index fund?

MIDF 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 (MIDF's is 0.25%) because there's no security selection cost.

When was MIDF launched?

iShares MSCI USA Mid-Cap Multifactor ETF (MIDF) launched in June 2019 and is managed by IShares.

How has MIDF performed?

MIDF'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.