(ILCV) iShares Morningstar Value - Ratings and Ratios

The iShares Morningstar Value ETF (ILCV) is a passively managed exchange-traded fund that seeks to replicate the performance of its underlying index, the Morningstar Large-Mid Cap Value Index. The fund invests at least 80% of its assets in the component securities of its underlying index or in investments that exhibit economic characteristics substantially identical to those securities. The underlying index is designed to measure the performance of U.S. stocks issued by large- and mid-capitalization companies that exhibit above-average value characteristics, as determined by Morningstars proprietary methodology. These characteristics are typically defined by metrics such as low price-to-earnings ratios, low price-to-book ratios, and high dividend yields.

From a technical perspective, ILCV has shown a recent uptrend, with its last price of $79.63 trading above its 20-day simple moving average (SMA) of $76.69. However, it is slightly below its 50-day SMA of $79.72, indicating potential consolidation in the short term. The 200-day SMA of $80.62 suggests that the fund is in a longer-term downtrend or sideways movement. The average true range (ATR) of 1.83 indicates moderate volatility, while the average 20-day volume of 42,400 shares reflects steady but not exceptional liquidity.

Fundamentally, ILCV manages approximately $960.72 million in assets under management (AUM), making it a mid-sized ETF with sufficient scale to maintain tight tracking error relative to its underlying index. The funds focus on value stocks positions it as a potential beneficiary of market rotations favoring undervalued companies, particularly in environments where investors seek stability and income. However, its performance is closely tied to the cyclicality of value stocks, which can underperform during periods of growth-driven market sentiment.