iShares Morningstar Small-Cap Growth ETF (ISCG) Performance
ISCG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.9% since Dec 31, 2025
- 1 year
- +10.2% total return
- 5 years
- +4.2% a year
- 10 years
- +10.8% a year
- Since first price
- +9.3% a year since 2004
ISCG trailing returns vs SPY, QQQ, AGG
| Period | ISCG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.0% | −2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.9% | −3.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.0% | +0.6% | +7.8% | +8.4% | −1.5% |
| YTD | +9.9% | +9.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | +9.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +71.4%+19.7%/yr | +67.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +23.1%+4.2%/yr | +18.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +179.0%+10.8%/yr | +161.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +404.4%+11.4%/yr | +355.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +463.9%+9.0%/yr | +402.3% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJul 13, 2004 | +631.6%+9.3%/yr | +551.5% | — | — | — |
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: ISCG vs SPY
From Jul 13, 2004: ISCG grew to $73,156, SPY to $102,139.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ISCG returns by calendar year
16 of 21 full years positive. Best 2020 (+43.4%), worst 2008 (−40.1%). 2026 is year to date.
ISCG annual returns table
| Year | ISCG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.9% | −11.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.9% | −24.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.4% | −9.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +23.1% | −18.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −26.7% | −32.5% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.3% | −18.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +43.4% | −37.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.7% | −9.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.9% | −28.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.7% | −6.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +8.8% | −17.4% | +12.0% | +7.1% | +2.4% |
| 2015 | +0.3% | −15.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +2.6% | −12.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +42.0% | −6.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +14.2% | −12.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −1.1% | −27.4% | +1.9% | +3.4% | +7.7% |
| 2010 | +31.2% | −16.5% | +15.1% | +19.9% | +6.4% |
| 2009 | +32.7% | −27.5% | +26.4% | +54.7% | +3.0% |
| 2008 | −40.1% | −52.9% | −36.8% | −41.7% | +7.9% |
| 2007 | +10.9% | −11.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.8% | −18.7% | +15.8% | +7.1% | +3.9% |
| 2005 | +5.3% | −11.2% | +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.
ISCG largest drawdowns
Now 8.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 9, 2007 | −57.7% | Mar 9, 2009 | Jan 14, 2011 | 1.4 years | 3.3 years |
| Feb 9, 2021 | −41.5% | Jun 16, 2022 | Oct 27, 2025 | 1.3 years | 4.7 years |
| Feb 19, 2020 | −37.2% | Mar 23, 2020 | Jul 15, 2020 | 33 days | 5 months |
| Sep 13, 2018 | −28.3% | Dec 24, 2018 | Jan 13, 2020 | 3 months | 1.3 years |
| Jun 23, 2015 | −27.7% | Feb 11, 2016 | Dec 8, 2016 | 8 months | 1.5 years |
| Jul 7, 2011 | −27.4% | Oct 3, 2011 | Sep 6, 2012 | 3 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ISCG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +17.3% | +5.3% | +10.5% | +9.6% |
| Volatility (annualized) | 18.3% | 20.3% | 20.1% | 19.6% |
| Sharpe ratio | 0.73 | 0.18 | 0.49 | — |
| Sortino ratio | 1.20 | 0.26 | 0.74 | — |
| Best month | +11.4% | +11.4% | +15.3% | +15.3% |
| Worst month | −8.1% | −12.3% | −16.3% | −23.2% |
| Best 12 months | +37.3% | +37.3% | +81.0% | +81.0% |
| Worst 12 months | −2.4% | −29.0% | −31.3% | −42.6% |
| Positive months | 64% | 57% | 62% | 62% |
| Beta vs S&P 500 | 1.24 | 1.13 | 1.12 | — |
| Correlation with S&P 500 | 0.84 | 0.87 | 0.85 | — |
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.
ISCG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 256 | −42.6% | +11.8% | +81.0% | 77% |
| 3-year (a year) | 232 | −17.5% | +10.7% | +31.2% | 84% |
| 5-year (a year) | 208 | −0.4% | +8.5% | +27.6% | 99% |
| 10-year (a year) | 148 | +5.3% | +9.8% | +17.9% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
ISCG performance overview
iShares Morningstar Small-Cap Growth ETF (ISCG) returned +10.2% over the past year and +10.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +9.3% a year, turning $10,000 into about $73,156. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.7%, from Oct 9, 2007 to Mar 9, 2009, and it took 1.9 years to get back to the old high. ISCG finished 16 of its 21 full calendar years with a gain; the best year was 2020 (+43.4%) and the worst 2008 (−40.1%). Volatility has been 19.6% a year.
Related: ISCG chart, ISCG holdings, ISCG dividends, ISCG valuation. See the ISCG overview for the latest quote and fund facts.
ISCG performance FAQ
What is the ISCG return over the past year?
ISCG returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.5%.
What is the average annual return of ISCG?
ISCG has returned +4.2% a year over 5 years, +10.8% a year over 10 years, +9.3% a year since July 13, 2004 (total return, distributions reinvested).
How much would $10,000 invested in ISCG be worth?
$10,000 invested in ISCG at its first recorded close on July 13, 2004 would be worth about $73,156 on October 23, 2026 with distributions reinvested.
What was the worst year for ISCG?
The worst calendar year was 2008, with a total return of −40.1%. The best was 2020 at +43.4%.
What is the biggest drawdown of ISCG?
The largest peak-to-trough decline was −57.7% between October 9, 2007 and March 9, 2009. It recovered to the old high on January 14, 2011, 1.9 years after the bottom.
How volatile is ISCG?
Over the past 3 years ISCG had an annualized volatility of 18.3% and a Sharpe ratio of 0.73 (excess return over 1–3 month T-bills per unit of risk).