IWR

The iShares Russell Mid‑Cap ETF (IWR) tracks the Russell Midcap Index, providing exposure to a broad range of U.S. mid‑cap equities across all major sectors, with the largest weightings in industrials, financials, technology, health care and consumer discretionary, and roughly 95 % of its assets invested in North America. It follows a passive, market‑capitalization‑weighted approach that seeks to replicate the performance of the underlying index rather than selecting stocks actively. The fund is suited to investors who want diversified, cost‑efficient access to the U.S. mid‑cap market as a core growth component of a larger portfolio, complementing large‑cap or small‑cap holdings and offering sector‑balanced exposure without concentrated bets.