Are there any MicroCap ETFs that actually invest in MICROCAPS???
IWC invests in 1B(il) Market caps? Gees when did 1 Bil equal Micro???
IWC invests in 1B(il) Market caps? Gees when did 1 Bil equal Micro???
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Microcap ETF?
- Thread starter luckyd1976
- Start date
Nope, Im referring to Micro Cap(italized) companies as the name implies. Penny or not.
Generally in the past companies 0Mil -250Mil would be the ones considered Micro. They could be trading as a $20 stock though.
I'm just surprised that the one heavy volume Micro I found, it's holdings are all 1Bil CAPS
Generally in the past companies 0Mil -250Mil would be the ones considered Micro. They could be trading as a $20 stock though.
I'm just surprised that the one heavy volume Micro I found, it's holdings are all 1Bil CAPS
IWC is 50 to 550 million.
http://us.ishares.com/product_info/fund/overview/IWC.htm
check out the fact sheet or prospectus.
http://us.ishares.com/product_info/fund/overview/IWC.htm
check out the fact sheet or prospectus.
Quote from ptrjon:
IWC is 50 to 550 million.
http://us.ishares.com/product_info/fund/overview/IWC.htm
check out the fact sheet or prospectus.
http://finance.yahoo.com/q/hl?s=IWC+Holdings
All of their top 10 holdings are 1Bil+
Are there any Micros that are still micros?
PZI
Now thats what Im talking about. Their top ten holdings are from 90mil+ in market cap.
Now thats what Im talking about. Their top ten holdings are from 90mil+ in market cap.
PZI is the best of the available microcap ETFs. But even it has some of stocks that are > 250M in marketcap. I think most of the stocks are < 100 MM in marketcap.
I was surprised to read this, however:
http://www.indexuniverse.com/sections/features/6970-the-best-microcap-etf.html
PZI tracks an index from Zacks and holds 400 different companies. Thatâs fewer than IWC, but still, a broad number in the micro-cap space. Interestingly, PZI has an average market capitalization among its components of $355 million, while IWC has an average of $229 million. So IWC clearly skews a bit smaller in its focus.
So maybe IWC is better on paper but the graph tells a different story:
http://ichart.finance.yahoo.com/z?s=PZI&t=2y&q=l&l=on&z=m&c=IWC&a=v&p=s&lang=en-US®ion=US
I was surprised to read this, however:
http://www.indexuniverse.com/sections/features/6970-the-best-microcap-etf.html
PZI tracks an index from Zacks and holds 400 different companies. Thatâs fewer than IWC, but still, a broad number in the micro-cap space. Interestingly, PZI has an average market capitalization among its components of $355 million, while IWC has an average of $229 million. So IWC clearly skews a bit smaller in its focus.
So maybe IWC is better on paper but the graph tells a different story:
http://ichart.finance.yahoo.com/z?s=PZI&t=2y&q=l&l=on&z=m&c=IWC&a=v&p=s&lang=en-US®ion=US
Quote from nitrene:
PZI is the best of the available microcap ETFs. But even it has some of stocks that are > 250M in marketcap. I think most of the stocks are < 100 MM in marketcap.
I was surprised to read this, however:
http://www.indexuniverse.com/sections/features/6970-the-best-microcap-etf.html
PZI tracks an index from Zacks and holds 400 different companies. Thatâs fewer than IWC, but still, a broad number in the micro-cap space. Interestingly, PZI has an average market capitalization among its components of $355 million, while IWC has an average of $229 million. So IWC clearly skews a bit smaller in its focus.
So maybe IWC is better on paper but the graph tells a different story:
http://ichart.finance.yahoo.com/z?s=PZI&t=2y&q=l&l=on&z=m&c=IWC&a=v&p=s&lang=en-US®ion=US
Thanks for the info and breakdown.