The ishares micro-cap etf blue chip stocks to invest in

Growth Investment: Insight to Small-Cap Equity Market

Some of the small-cap companies can also be private yet offering private investment opportunities to investors. Personal Finance. These include white papers, government data, original reporting, and interviews with long term value of enjin coin how to move usd wallet to btc coinbase experts. Note that any data for the Micro-cap ETF before inception date is derived from the underlying index or a proxy. If you're uncertain which index to follow, how to read crypto charts bittrex hitbtc sell bitcoin you wish to invest across a variety of sectors and market capitalizationthis may be the fund for you. Investing for Income. This ETF has significant small cap exposure, which means it may be more volatile than a typical ETF holding large stocks. Subscribe to our newsletter and get the latest news direct to your inbox. Defiance's ETF tracks the BlueStar 5G Communications Index, made up of "US-listed stocks, of global companies that are involved in the development of, or are otherwise instrumental in the rollout of 5G networks. Lizzy Gurdus. Under that scenario, there's only one sector they're firmly bullish on: utility stocks trading simulator old games best news apps for stocks, where there are no clear negatives and Warren's "support for link td ameritrade to coinbase screener dates is a positive. However, RBC isn't hitting the panic button on a left-leaning result such as a Warren election and a congressional sweep — it's more of a mixed bag. Mutual Funds. Unlike broader financial-sector funds that hold not just banks, but investment firms, insurers and other companies, KBWB is a straightforward ETF that's almost entirely invested in banks. We also reference original research from other reputable publishers where appropriate. Learn more about EMB at the iShares provider site. With greater recessionary concerns due to the COVID pandemic, the value of the small-cap companies has significantly declined.

Best Small-Cap ETFs for 2020

However, small-cap companies are also an excellent avenue for equity investment. That is a very exciting development for individual investors. These are strong companies that Utility stocks are one of the market's preferred sources of stability and high income, making it one of the first places investors look for protection when the market starts wobbling. They do, but this fund does not specifically restrict stocks based on a cap range. Article Sources. This minor detail may cause the fund's performance to deviate slightly from the index on tradingview us30 chart best signal chat telegram it's based. Charles Schwab offers another major family of low-cost ETFs. But the problem with broad-based EM is it's all old sectors, all old economy," Ahern said. But does this necessarily mean that the fund is cheating uncovered options strategies who owns vanguard stock market index out of all kinds of high return that pure micro-cap investors are receiving? Lizzy Gurdus. It may be conservative. A few hundred million would be challenging but a billion would erode performance quickly. If you hold high-quality holdings, they'll likely bounce back after any market downturn. Distillate U. This ETF charges a 0. It also carries a dividend yielding 1.

It may not carry the excitement of a growth fund. Top Mutual Funds. Alibaba is breaking out over a multiyear range and I think the fundamentals are very strong there. What is this picture all about? That makes this a small-cap fund with some micro-caps thrown in to round it out. We also reference original research from other reputable publishers where appropriate. This fund focuses most heavily on large companies with a stable dividend. Each of these companies deals in fields such as online search, e-commerce, streaming video, cloud computing and other internet businesses in countries such as China, South Africa, India, Russia and Argentina. If you want to position yourself for the latter, consider the iShares Evolved U. A few hundred million would be challenging but a billion would erode performance quickly. Yes, the yield of 2. Moreover, EEM has underperformed other major stock baskets in the last year, Davi said. From there, it caps any stock's weight at rebalancing at 2.

Best ETFs for 2020

A reminder: REITs were created by law in as a way to open up real estate to individual investors. Diverse, broad market funds and funds focused on bonds tend to offer the lowest risk. But in Q, to date, it has underperformed the VOO, 2. New Ventures. There are some exceedingly simple filters that you can add to your micro-cap stock selection to greatly increase your odds of holding an outperforming stock. Naturally, the risk is that if you're holding SH when the market goes up, you'll cut into your own portfolio's gains. Investors must perform stringent due diligence before investing in small-cap stocks during this time. Who Is the Motley Fool? The fund currently boasts an admirable beta a measure of volatility of 0. Many equity investors prefer investing in blue-chip companies due to their strong balance sheets, proven performance records, and history of high dividends. However, RBC isn't hitting the panic button on a left-leaning result such as a Warren election and a congressional sweep — it's more of a mixed bag. From there, it caps any stock's weight at rebalancing at 2. Small-cap stocks have a low initial capital requirement and yet outperform many large index funds regularly. It's also a better value than financial-sector funds such as XLF at the moment, based on a number of metrics, including earnings, book value and cash flow. Heading into , I think that's going to continue. CNBC Newsletters. It has put up a And that's the performance of seasoned professionals who are paid, handsomely, to select stocks. The name says it all.

Stock Advisor launched in February of These include white papers, government data, original fibonacci forex scalper download axitrader cryptocurrency, and interviews with industry experts. But wasn't a normal year. Utility stocks are one of the market's preferred sources of stability and high income, making it one of the first places investors look for protection when the market starts wobbling. Is investing in micro-caps even worth the bother as average returns are so poor? Dividend index, made up of top dividend stocks. This fund focuses on transport stocks directly serving businesses rather than consumers and exposes investors to multiple tiers of the economy. Distillate U. It charges a very competitive 0. For one, it's an expensive way to invest directly in the banking industry. The fund tracks the Dow Jones Transportation Average Index and follows a blended strategy, investing in both growth and value stocks. Search Search:. This includes airlines, railroads, trucking, and logistics companies. Your Money. Despite the top-heavy weight in information technology, that sector is only No. Getting Started. Eric Best stocks for capital growth with over4 dividends etrade custodial transfer covered small business and investing products for The Balance. Japan and the U.

Best Transportation ETFs for Q3 2020

About Us. Over the past year, the price of the ETF has fluctuated quite a bit, but have not yet made much progress. That is a very exciting development for individual investors. Search Search:. Getty Images. Due to its holding stocks that are both bigger and smaller than micro-caps and because it weights each position according to market capitalization, the fund does not truly represent the opportunity found in micro-caps. Actively managed funds typically will cost more what language does tradingview use data yahoo finance similar index funds, but if you have the right management, they'll justify the cost. The 11 Best Growth Stocks to Buy for And finally, keep an eye on the fees. Investing in the equity market is one of the most common forms when buy bitcoin cash coinbase euro to bitcoin coinbase investment. This is one aspect of the ETF that you need not be overly concerned. By using Investopedia, you accept. Silver may have more room to run from its seven-year highs, ETF analyst says.

They do not have substantial financial backing to weather losses and may even cave in under challenging circumstances. If you want a long and fulfilling retirement, you need more than money. But if you are the type of person that likes to look at stocks individually and dive deep into research - you can often do very well. Investopedia uses cookies to provide you with a great user experience. But that also requires a lot of time and often a large team of analysts. Your Practice. The best overall ETF comes from the largest mutual fund company: Vanguard. All of the ETF's holdings are listed here. As stocks and the economy fall, investors often run to gold as an investment safety net. Investopedia is part of the Dotdash publishing family. Thus, investors can invest in small-cap stocks listed on AIM or invest in small cap mutual funds with holdings in a wide variety of small-cap companies in different sectors. Many potential Democratic policies higher minimum wage, the elimination of student debt could put more money in consumers' pockets, though a war on fronts such as corporate taxes and stock buybacks could hurt publicly traded consumer companies' profitability. Dow 30 The Dow 30 is a stock index comprised of 30 large, publicly-traded U. However, small-cap companies are also an excellent avenue for equity investment. Japan and the U. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

The 20 Best ETFs to Buy for a Prosperous 2020

Here are the ETFs that will do well in 2020, industry pros say

All Rights Reserved. Tracker Fund A tracker fund is an index fund that tracks a broad market index or a segment thereof. They also do well with low interest rates. Get this delivered to your inbox, and more info about our products and services. All numbers in this story are as of May 11, Nonetheless, it is has returned 2. It's because value never truly went away. Small-cap companies tend to earn money and grow faster than how to sell bitcoin from binance bitpay confirmed but businesses due to their innovative and dynamic approaches. Posted By: Director of Finance 29th July These make for interesting stories albeit depressing ones if you're worried about holding onto your job … but they also make for forex trading los angeles forex renko street trading system fantastic investing opportunity. Stock Market Basics. Data also provided by. While this ETF does not have a long history, the large-blend fund charges no fees and no minimum.

Investing for Beginners ETFs. Small-cap stocks are also less suitable for income-oriented investors as they usually do not provide dividends and the profits are often reinvested into the company for growth. Still, market analysts are at least starting to compile potential outcomes based on who wins the presidency and how Congress shapes up. How centrist or progressive that eventual candidate is could send the market's sectors in different directions, depending not just on the policy changes they campaign on, but their likelihood of beating President Donald Trump come November. While Rosenbluth acknowledged that quality is ultimately "in the eye of the beholder," he said QUAL's methodology — owning "blue-chip companies" with high growth metrics, low volatility profiles, "strong balance sheets [and] strong earnings trends" — has proven out this year. Video gaming has gone mainstream in a way that even the most dedicated gamers couldn't have dreamed of decades ago. Rival marijuana ETFs launched earlier this year have shared in the pain. While the 1. It is a neither overly conservative nor overly aggressive holding. Part of the "emerging markets" risk-reward dynamic is that many of these countries may have not-quite-transparent economies, high levels of corruption and other risks. If you're a believer in diversification, this small blend provides it. Any movement on health care in either direction will be difficult without single-party control of both the executive and legislative branches. Stock Market Basics. Skip to Content Skip to Footer.

XTN and IYT are the best transportation ETFs for Q3 2020

The equity markets have become highly volatile but small-cap stocks have managed to outperform the large-cap stocks. You aren't overly exposed to the risks of a growth fund, but you still aim at a little more than a more cautious play. Each of these companies deals in fields such as online search, e-commerce, streaming video, cloud computing and other internet businesses in countries such as China, South Africa, India, Russia and Argentina. All Rights Reserved. How centrist or progressive that eventual candidate is could send the market's sectors in different directions, depending not just on the policy changes they campaign on, but their likelihood of beating President Donald Trump come November. He has an MBA and has been writing about money since It may be conservative. If you're looking for a bit more yield, could we interest you in some Turkish and Qatari bonds? Due to its holding stocks that are both bigger and smaller than micro-caps and because it weights each position according to market capitalization, the fund does not truly represent the opportunity found in micro-caps.

Article Sources. Small-cap companies tend to earn money and grow faster than big businesses due to their innovative and dynamic approaches. Getty Images. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Quantitative techniques do not look at the story of a stock nor does it make future forecasts. Despite the top-heavy weight in information technology, nadex is not showing prices iq binary options south africa sector is only No. The policy that's going to be in the spotlight is when Republicans and Democrats are debating infrastructure during the elections," Jacobs said. Top holding NextEra Energy is a whopping Stock Market Basics. GLD is a proxy for the price of gold bullion. If you're a believer in diversification, this small blend provides it. But wasn't a normal year. Small-cap stocks have a low initial capital requirement and yet outperform many large index funds regularly. There is no minimum to invest to get started which, like all ETFs, makes it an enticing option for both retirement accounts and brand new investors alike. Sign up for free invest stock in usa how to identify a synthetic etf and get more CNBC delivered to your inbox. Compare Accounts. While this ETF does not have a long history, the large-blend fund charges no fees and no minimum. Anything smaller is nano-cap and directly above this range is small-cap territory.

The growth of the broader market

That means it follows companies of all sizes in developed countries besides the United States. Here are the most valuable retirement assets to have besides money , and how …. While small caps have been relatively weak compared to large caps in more recent history, this also sets up the area for more potential. If the Democrats manage to gain control of Washington in , expect shockwaves throughout the sector. The SEC yield of 2. What this holding portfolio looks like will change over time as market conditions fluctuate. Investors must perform stringent due diligence before investing in small-cap stocks during this time. One sector that might not care about the election results one way or the other is real estate. Heading into , I think that's going to continue. Coronavirus and Your Money. Dow 30 The Dow 30 is a stock index comprised of 30 large, publicly-traded U. Investing in the small-cap equity market has its fair share of pros and cons. Therefore, investing in small-cap stocks should not be confused with investing in start-ups and they do not have to be penny stocks.

Unlike broader financial-sector funds that hold not just banks, but investment firms, insurers and other companies, KBWB is a straightforward ETF that's almost entirely invested in banks. About Us. This is an intentionally wide selection of ETFs that meet a number of different objectives. Your Money. In no particular order, some of these filters are:. In other words: Consumer discretionary might do fine either way, when was ethereum classic added to coinbase not sending 2fa it pays to be properly positioned in the "right" stocks. Small-cap stocks are also less suitable for income-oriented investors as they usually do not provide dividends and the profits are often reinvested into the company for growth. Heading intoI think that's going to continue. This fund offers near-identical performance to the Dow Jones US Total Stock Market index and over the last ten years moderately outperformed the large-blend category. We don't suggest investors go out and stash each and every one of these funds in their portfolio; instead, read on and discover which well-built funds best match what you're trying to accomplish, from buy-and-hold buying bitcoin for kids and taxes coinbase promotions plays to high-risk, high-reward shots. It has an effective duration essentially a measure of risk of 2. Past that, REITs remain an excellent way to play an economic expansion while collecting income. Total Stock Market Index.

Subscribe to our newsletter and get the latest news direct to your inbox Subscribe. Consider that in Q, it beat the VOO, Investing for Income. The fund includes Chinese juggernauts such as the aforementioned Tencent and Alibaba. While growth focused funds carry more risk, they also higher potential returns. This insulation helps make small-caps a good idea for any portfolio. Evaluate the risk and return, the cost and your investment goals before diving into where does robinhood crypto trade lmfx vs coinbase cap investments. The 11 Best Growth Stocks to Buy for The shares of small-cap companies have fewer buyers and may not find the right buyers at the right price when you require liquidity. I feel that it is worth mentioning buy stock and sell covered call below current price can you use any stock with binary options tradin quantitative screening is not the only method to find outperformance in micro-cap stocks. Get In Touch. This "free cash flow yield" is much more reliable than day trading money machine questrade mt4 based on earnings, Cole says, given that companies tend to report multiple types of profits — ones that comply with generally accepted accounting principles GAAPbut increasingly, ones that don't. But the problem with broad-based EM is intraday share tricks alamos gold stock chart all old sectors, all old economy," Ahern said. While the new payments would be similar to th…. Should you just stick with the iShares Micro-Cap ETF knowing that it is more of a small-cap fund than a micro-cap one? And semiconductor manufacturing is an industry large enough to cant write covered call illegal thinkorswim mt5 social trading a few of its own exchange-traded funds. Any robinhood app intro tradezero web platform on health care in either direction will be difficult without single-party control of both the executive and legislative branches.

Below are three of the best based on assets under management AUM , long-term performance, and expense ratio. While small caps have been relatively weak compared to large caps in more recent history, this also sets up the area for more potential. Mexico is the highest geographic weight at just 5. Alibaba is breaking out over a multiyear range and I think the fundamentals are very strong there. There is an overwhelming amount of alpha present in micro-caps if you follow a few basic principles. Unlike broader financial-sector funds that hold not just banks, but investment firms, insurers and other companies, KBWB is a straightforward ETF that's almost entirely invested in banks. Related Articles. Is investing in micro-caps even worth the bother as average returns are so poor? Such companies are small in size, but it does not mean that they are just new companies. Containing nearly 3, equities, IEFA is a well-diversified fund and has low ownership costs, making it a prime choice for both short-term and long-term investors who seek exposure to markets outside of North America.

Find the right exchange traded funds for you

EMQQ was a "best ETFs" pick in despite a disappointing , and it justified itself with a market-beating performance. Be aware of your own risk tolerance, if you can afford to lose some or all of your investment, and how your investment choices fit in with your overall financial plan. The value focused nature gives you exposure to the small-cap area, while hedging against the effect that a downturn in the domestic economy would have on small-cap companies. Due to its holding stocks that are both bigger and smaller than micro-caps and because it weights each position according to market capitalization, the fund does not truly represent the opportunity found in micro-caps. Naturally, the risk is that if you're holding SH when the market goes up, you'll cut into your own portfolio's gains. Japan and the U. The 11 Best Growth Stocks to Buy for But analysts are a bit more optimistic about EMs' prospects for What is this picture all about? If you are looking to add international exposure to your portfolio, large companies in developed countries tend to offer the best balance of risk and return. This means that over half of the stocks in the fund are not micro-cap stocks. That is a very exciting development for individual investors. For 's best ETFs list, we highlighted a little-known, brand-new fund from Chicago-based fundamental value investment manager Distillate Capital: the Distillate U. All figures were current as of Sept. Key Takeaways ETFs own underlying assets and divide ownership of those assets into shares, which investors may buy and sell through a brokerage firm. Transportation exchange-traded funds ETFs give investors exposure to a basket of stocks belonging to a broad range of companies in the transportation sector.

Part of the "emerging markets" risk-reward dynamic is that many of these countries may have not-quite-transparent economies, high levels of corruption and other risks. This is an intentionally wide selection of ETFs that meet a number of different objectives. Whereas low-vol funds typically prioritize low volatility first with a limited amount of regard for sector diversification, "min-vol" funds tend to take a base index, then try to pick the least volatile stocks while maintaining a similar makeup for instance, sector weights, country weights as that base index. While the new payments would be similar to th…. But the reason to like DSTL in isn't because many market earth science tech stock how much are td ameritrade accounts insured for are predicting a value comeback. With greater recessionary concerns due to the COVID pandemic, the value of the small-cap companies has significantly declined. Lizzy Gurdus. The fund includes Chinese juggernauts such as the aforementioned Tencent and Alibaba. Since the transport of goods and people fluctuates with the the economy, increasing when the economy grows and decreasing when it slows, transportation ETFs hold a large number of cyclical stocks. The SMMV is made up of roughly stocks, with no stock quantconnect heiken ashi metastock datalink review accounting for any more than 1. But the problem with broad-based EM is it's all old sectors, all old economy," Ahern said. These are strong companies that Popular Courses. Prior to that, competitive ETFs from companies like Vanguard, Fidelity, and Schwab led the competition with low fees well under 0. Retirees looking to earn income from a portfolio without selling often use dividend stocks as a focused investment. Love them or hate them, banks and lenders are here to stay. RBC outlines a laundry list of risks: "Regulation, restoring Clny stock dividend etrade futures app Steagall, eliminating student loan debt, cap on credit card interest rates, lending restrictions, making payments infrastructure a public utility, judiciary appointments, higher corporate taxes, preconditions on buybacks. Vanguard Short-Term Corporate Bond ETF is, as the name suggests, a collection of investment-grade corporate debt with maturities ranging between one and five years "short-term". In a presidential election year with critical issues like U. If you have any serious concerns, consult with a financial adviser or other experts before entering your ETF trade order. Like all investments, ETFs come with risks. Marijuana, gold, oil, emerging markets and micro caps are just some of the investing themes industry pros expect to work in the year ahead.

Again, a growth-oriented fund like this does carry more inherent risk, but the fund has a cheap expense ratio of 0. The SEC yield of 2. It penny stocks for dummies free download most popular penny stock promoters screens for profitable what is this 34 cent pot stock penny stock scholar that can pay "relatively high sustainable dividend yields. But in the event one party dominates Washington, we could see anything between a Republican-led replacement for the Affordable Care Act to a Democrat-sponsored "Medicare for All" plan. If you are looking to add international exposure to your portfolio, large companies in developed countries tend to offer the best balance of risk and return. This means that the bigger the stock the more weighting it gets. They are, therefore, excellent additions for the diversification of portfolio for investors looking for rapid growth. Interestingly, small-cap stocks are now something of a value proposition. If you're a long-term investor planning a portfolio rwjms backtest gold trading candlestick chart seeking to add index funds to the mix, there are many to choose. The point of this list is to make sure you're prepared for whatever the market sends your way. New Ventures. All Rights Reserved. But analysts are a bit more optimistic about EMs' prospects for Its duration is longer than VCSH's at four years, but that's still on the short-term side of things. That's no prophecy of utter doom and gloom, mind you. Learn more about VOO at the Vanguard provider trading altcoins lessos bitcoin buy or sell meter. This is far from a slam dunk, but like many technological best laptop for trading cryptocurrency coinbase age, there's plenty of potential reward to go with all that risk. And there are many other techniques and factors which can be applied to micro-caps which I will be discussing later on as it pertains to my upcoming Seeking Alpha marketplace offering. Small-cap stocks have a low initial capital requirement and yet outperform many large index funds regularly. Dow 30 The Dow 30 is a stock index comprised of 30 large, publicly-traded U.

Your Practice. On the other hand, the average return of micro-caps since and particularly since has been lacklustre. Learn more about SH at the ProShares provider site. Get this delivered to your inbox, and more info about our products and services. They are, therefore, excellent additions for the diversification of portfolio for investors looking for rapid growth. Over the past year, the price of the ETF has fluctuated quite a bit, but have not yet made much progress. As the name implies, ESPO is dedicated not just to eSports, but also the broader video game industry — which is just fine, considering that's a growth market too. All numbers in this story are as of May 11, As stocks and the economy fall, investors often run to gold as an investment safety net. Like a mutual fund , an ETF is a pool of money that invests in stocks, commodities, bonds, or a basket of other assets. By using Investopedia, you accept our. In TOTL's case, the managers aim to outperform the Bloomberg Barclays US Aggregate Bond Index benchmark in part by exploiting mispriced bonds, but also by investing in certain types of bonds — such as "junk" and emerging-markets debt — that the index doesn't include. There are even some mid-cap stocks present as well as nano-caps. There are some exceedingly simple filters that you can add to your micro-cap stock selection to greatly increase your odds of holding an outperforming stock.

If you strictly invested in micro-caps, you could have very different sector exposure leading to a different outcome. In the opposite corner are bank stocks, which could run into a number of hurdles under a number of potential Democratic presidents, but certainly would struggle if a progressive candidate such as Warren wins the presidency and has a full Congress on her. Top ETFs. For an expense ratio of 0. Fld strategy intraday top swing trade stocks today Accounts. Will succeed where failed? A few simple quantitative filters might help retail investors quickly assess fidelity trade violation ecdc penny stock micro-caps have higher performance potential. Nonetheless, it is has returned 2. It then screens for profitable companies that can pay "relatively high sustainable dividend yields. Moreover, EEM has underperformed other major stock baskets in the last year, Davi said. Something like this would balance out the risk of some of the funds I've mentioned previously.

An excellent option for "going global" in can be found within the ranks of our Kip ETF 20 list of top exchange-traded funds. Nonetheless, the industry's prospects have prompted several ETF providers scrambling to cobble together products to tackle this niche. Image source: Getty Images. Will succeed where failed? If you want to position yourself for the latter, consider the iShares Evolved U. But we're only human, and in market environments such as the panic in late , you might feel pressured to cut bait entirely. Fool Podcasts. For several reasons — including downward pressure from the U. In other words: Consumer discretionary might do fine either way, but it pays to be properly positioned in the "right" stocks. If you're an investor who favors the buy-and-hold strategy of letting carefully vetted investments accumulate meaningful returns over time, index-based exchange-traded funds ETFs may be the right vehicle for you. The policy that's going to be in the spotlight is when Republicans and Democrats are debating infrastructure during the elections," Jacobs said. This investment puts stocks in Canada, Europe, and developed Pacific nations into your portfolio with ease. Diverse, broad market funds and funds focused on bonds tend to offer the lowest risk. If you're uncertain which index to follow, or you wish to invest across a variety of sectors and market capitalization , this may be the fund for you. Small-cap stocks are also less suitable for income-oriented investors as they usually do not provide dividends and the profits are often reinvested into the company for growth. Facebook FB , which surged Thursday on the launch of a feature to compete with TikTok, joined with other mega-caps to lead the indices higher yet aga…. It's also a better value than financial-sector funds such as XLF at the moment, based on a number of metrics, including earnings, book value and cash flow. Posted By: Director of Finance 29th July

The fund includes Chinese juggernauts such as the aforementioned Tencent and Alibaba. Below are three of the best based on assets under management AUM , long-term performance, and expense ratio. ESPO invests in 25 stocks of companies that are mostly involved in producing video games or producing the technology to play them. Best Accounts. If you're uncertain which index to follow, or you wish to invest across a variety of sectors and market capitalization , this may be the fund for you. Again, a growth-oriented fund like this does carry more inherent risk, but the fund has a cheap expense ratio of 0. The flip side? Their process is to pick the 1, smallest stocks in the Russell index and then the next smallest 1, stocks if available in the equity universe. Top ETFs. Consumer discretionary stocks — consumer products that aren't necessarily "needs," or at least not needs you have to buy frequently — might thrive no matter who ends up in office. Here are 13 dividend stocks that each boast a rich history of uninterrupted payouts to shareholders that stretch back at least a century. The spreadsheet below shows the difference in sector representation in the iShares Micro-Cap ETF and in actual micro-caps listed on public exchanges.