IWS

The iShares Russell Mid‑Cap Value ETF (IWS) holds a diversified basket of U.S. mid‑cap equities that the Russell Mid‑Cap Value Index classifies as undervalued relative to peers, spanning sectors such as financials, industrials, health‑care, technology, real estate and energy. It follows a passive, representative‑sampling indexing approach that seeks to closely match the performance of the benchmark, and may employ index futures or other derivatives to manage cash and tracking error. IWS is suited to investors looking for broad exposure to the U.S. mid‑cap value segment as a core equity holding, particularly those who favor a value‑biased tilt within a diversified portfolio.