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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts have mixed opinions on the performance of iShares Russell 2000 ETF (IWM-N). While some believe that it has underperformed and small-cap names were caught up in a downdraft, others see it as a good way to get away from correlation to mega caps and expect outperformance later in the year. The consensus is that there may be a catch-up trade in cyclicals in Q3, but it could peters out. Overall, the stock may face challenges in the current market environment due to sensitivity to interest rates and a third of the index not being profitable.

Consensus
Mixed
Valuation
Fair Value
Similar
Vanguard Small-Cap ETF,VBF
PAST TOP PICK
(A Top Pick Jul 21/23, Up 13%)

Don't be too over-exposed to any one sector, though it's OK to tilt your portfolio toward a preference. The small-cap universe hasn't yet caught up to the large caps to the degree he expected. Could see a small boost later in the year. Worse places to be than to have a small sleeve of small-cap exposure.

investment companies / funds
BUY

It's been a long wait for small-caps to start to rise this past quarter; small and mid-caps have been outperforming, and there's a long way to go, tied to the strong domestic economy.

investment companies / funds
BUY

Small caps will catch up to the rest of this rally. Given the positive economic news we've been getting all week, small-cap topline revenues should stay intact as borrowing costs decline.

investment companies / funds
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We would be comfortable slowly accumulating before the election. Typically, markets tend to fall a bit right before the election, and move higher once the uncertainty of the new President has passed. But, many of these things cannot be timed properly, and thus we would be comfortably accumulating here.
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investment companies / funds
COMMENT

The question was on a couple of stocks to buy if there is a rate cut on Wednesday. Lower interest rates favour smaller caps which are more sensitive to higher interest costs. He suggested IWM, the ETF for the Russell 2000 in the U.S. There is also a Canadian proxy for IWM which is SXU.

investment companies / funds
DON'T BUY
ETF for small-cap exposure?

Interesting ETF to get broad exposure to small caps. Have to always be really careful with the small-cap ETFs because you end up owning a lot of low-quality stocks. He focuses on high-quality names. Make sure you don't just blindly buy these indices, as you're going to end up owning a whole bunch of stocks that you probably wouldn't own individually in your portfolio. 

For example, he remembers looking at IWM a few years ago and Plug Power was in there. It was a dog's breakfast then, and he thinks it's going bankrupt now or close to it. 

So he'd focus more on specific stock names. They tend to move along with the indices, but you have more control over whether you want to own them or not.

investment companies / funds
PAST TOP PICK
(A Top Pick Jul 21/23, Up 7%)

A bit disappointing. Mega-caps have continued to move forward, while these have moved sideways. At some point, there will be a catch-up trade. Thinks there will still be decent returns here, hold for the diversity. But at this juncture, places where you can get more bang for your buck.

investment companies / funds
PAST TOP PICK
(A Top Pick Jul 21/23, Up 7%)

Lagged a bit. Small-cap names were caught up more in the downdraft from August-October 2023. Market breadth is spreading out. Seeing a "dash for cash" as people look for ideas to keep up with the Jones of the big caps. Good way to get away from correlation to the mega caps. Expects outperformance later in the year. See his Top Picks.

investment companies / funds
WEAK BUY

RSP is not overly exposed to just tech and communications. IWM at market weight has performed much better than RSP. But we're hopefully going to see some rotation. RSP is a great idea, and there are similar tickers that trade on the Canadian side.

IWM has the smallest 2000 companies out of the Russell 3000, underperforming. Small cap should perform better with steady or falling interest rates, as they tend to be more levered.

His portfolio style favours the mid- and large-cap names, but small caps can do well in a lower-rate environment.

investment companies / funds
TOP PICK

20% off all time share price high.
Market rally will lift shares to new records.
Small cap indexes presenting opportunity.
Better diversity in companies that make up index. 

investment companies / funds
TRADE

Financials, energy and utilities will see a catch-up trade in the second half of 2023. Certain cyclicals will perform. IWM saw good support at $180 and could top at $195-199. But the Russell 2000 is extremely sensitive to interest rates, and a third of the index is not profitable (those companies). The GDP is also expanding, though, but she thinks GDP will slow while rates stay at 5-5.5%. Overall, not a great environment for small caps and cyclicals. But there will be a catch-up trade in cyclicals in Q3, then it peters out.

investment companies / funds
COMMENT
A lot of put-buying last Friday and today we're seeing those returns. The first trade he saw today were 30,000 IWM puts. IWM covers the Russell 2000, down 4% today as of noon.
investment companies / funds
DON'T BUY
Half of the companies in this index don't make any money. Only works when speculation and economic growth is in front of us. Not the moment to buy. Mid-cap companies ETFs like the S&P 600 are more interesting.
investment companies / funds
BUY
IWM small-caps, healthcare, banks and real estate. He's moving into small-caps for the next 12 months, doing less trading and more long-term investing.
investment companies / funds
COMMENT
You could buy the reverse, RWM, if you want to short the IWM. There is no leverage and it is an 1-1 inverse fund.
investment companies / funds
Showing 1 to 15 of 66 entries

iShares Russell 2000 ETF(IWM-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for iShares Russell 2000 ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Russell 2000 ETF(IWM-N) Frequently Asked Questions

What is iShares Russell 2000 ETF stock symbol?

iShares Russell 2000 ETF is a American stock, trading under the symbol IWM-N on the NYSE Arca (IWM). It is usually referred to as AMEX:IWM or IWM-N

Is iShares Russell 2000 ETF a buy or a sell?

In the last year, 8 stock analysts published opinions about IWM-N. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Russell 2000 ETF.

Is iShares Russell 2000 ETF a good investment or a top pick?

iShares Russell 2000 ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Russell 2000 ETF.

Why is iShares Russell 2000 ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares Russell 2000 ETF worth watching?

8 stock analysts on Stockchase covered iShares Russell 2000 ETF In the last year. It is a trending stock that is worth watching.

What is iShares Russell 2000 ETF stock price?

On 2024-10-03, iShares Russell 2000 ETF (IWM-N) stock closed at a price of $216.13.