iShares Morningstar Mid-Cap Growth ETF (IMCG) Performance
IMCG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.5% since Dec 31, 2025
- 1 year
- +13.8% total return
- 5 years
- +5.7% a year
- 10 years
- +14.2% a year
- Since first price
- +11.2% a year since 2004
IMCG trailing returns vs SPY, QQQ, AGG
| Period | IMCG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.6% | −1.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.3% | +7.0% | +7.8% | +8.4% | −1.5% |
| YTD | +17.5% | +17.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.8% | +13.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +74.4%+20.4%/yr | +70.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +31.9%+5.7%/yr | +26.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +277.4%+14.2%/yr | +256.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +542.0%+13.2%/yr | +490.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +661.0%+10.7%/yr | +588.0% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJul 2, 2004 | +961.6%+11.2%/yr | +857.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IMCG vs SPY
From Jul 2, 2004: IMCG grew to $106,159, SPY to $101,216.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IMCG returns by calendar year
16 of 21 full years positive. Best 2020 (+45.6%), worst 2008 (−46.5%). 2026 is year to date.
IMCG annual returns table
| Year | IMCG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.5% | −10.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.6% | −20.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.1% | −8.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.7% | −15.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −25.8% | −31.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +15.4% | −14.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +45.6% | −34.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +35.7% | −8.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.7% | −23.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +25.6% | −3.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +5.4% | −14.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.9% | −13.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.5% | −9.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.9% | −6.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.5% | −13.0% | +16.0% | +18.1% | +3.8% |
| 2011 | −2.9% | −25.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +27.8% | −14.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +42.2% | −21.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −46.5% | −58.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +19.4% | −10.5% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.2% | −16.5% | +15.8% | +7.1% | +3.9% |
| 2005 | +15.9% | −8.0% | +4.8% | +1.6% | +2.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IMCG largest drawdowns
Now 6.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 31, 2007 | −59.0% | Nov 20, 2008 | Feb 11, 2011 | 1.1 years | 3.3 years |
| Nov 16, 2021 | −35.1% | Oct 14, 2022 | Oct 14, 2024 | 11 months | 2.9 years |
| Feb 19, 2020 | −34.1% | Mar 23, 2020 | Jun 1, 2020 | 33 days | 3 months |
| Jul 7, 2011 | −25.8% | Oct 3, 2011 | Jan 4, 2013 | 3 months | 1.5 years |
| Apr 23, 2015 | −24.4% | Feb 11, 2016 | Jan 25, 2017 | 10 months | 1.8 years |
| Sep 4, 2018 | −23.7% | Dec 24, 2018 | Mar 21, 2019 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IMCG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +18.9% | +7.2% | +13.9% | +11.5% |
| Volatility (annualized) | 17.0% | 19.3% | 18.5% | 17.8% |
| Sharpe ratio | 0.85 | 0.27 | 0.67 | — |
| Sortino ratio | 1.57 | 0.42 | 1.10 | — |
| Best month | +11.7% | +11.7% | +16.4% | +16.4% |
| Worst month | −6.4% | −11.6% | −12.9% | −22.1% |
| Best 12 months | +35.9% | +35.9% | +73.5% | +73.5% |
| Worst 12 months | +1.7% | −27.0% | −27.0% | −46.7% |
| Positive months | 64% | 57% | 64% | 63% |
| Beta vs S&P 500 | 1.20 | 1.13 | 1.10 | — |
| Correlation with S&P 500 | 0.88 | 0.92 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IMCG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 256 | −46.7% | +15.3% | +73.5% | 82% |
| 3-year (a year) | 232 | −16.3% | +12.1% | +31.6% | 88% |
| 5-year (a year) | 208 | +0.2% | +11.0% | +26.1% | 100% |
| 10-year (a year) | 148 | +5.9% | +11.9% | +17.6% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
IMCG performance overview
iShares Morningstar Mid-Cap Growth ETF (IMCG) returned +13.8% over the past year and +14.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +11.2% a year, turning $10,000 into about $106,159. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −59.0%, from Oct 31, 2007 to Nov 20, 2008, and it took 2.2 years to get back to the old high. IMCG finished 16 of its 21 full calendar years with a gain; the best year was 2020 (+45.6%) and the worst 2008 (−46.5%). Volatility has been 17.8% a year.
Related: IMCG chart, IMCG holdings, IMCG dividends, IMCG valuation. See the IMCG overview for the latest quote and fund facts.
IMCG performance FAQ
What is the IMCG return over the past year?
IMCG returned +13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.0%.
What is the average annual return of IMCG?
IMCG has returned +5.7% a year over 5 years, +14.2% a year over 10 years, +11.2% a year since July 2, 2004 (total return, distributions reinvested).
How much would $10,000 invested in IMCG be worth?
$10,000 invested in IMCG at its first recorded close on July 2, 2004 would be worth about $106,159 on October 23, 2026 with distributions reinvested.
What was the worst year for IMCG?
The worst calendar year was 2008, with a total return of −46.5%. The best was 2020 at +45.6%.
What is the biggest drawdown of IMCG?
The largest peak-to-trough decline was −59.0% between October 31, 2007 and November 20, 2008. It recovered to the old high on February 11, 2011, 2.2 years after the bottom.
How volatile is IMCG?
Over the past 3 years IMCG had an annualized volatility of 17.0% and a Sharpe ratio of 0.85 (excess return over 1–3 month T-bills per unit of risk).