iShares Morningstar Small-Cap Growth ETF (ISCG) Valuation
ISCG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 60.8 trailing earnings
- Forward P/E
- 19.6 analyst estimates
- Price / sales
- 2.11
- Price / book
- 3.80
- EV / EBITDA
- 12.3
- Earnings yield
- 1.65% inverse of P/E
- Dividend yield
- 0.69% of the holdings
- Return on equity
- 6.3% combined
- Net margin
- 3.5% combined
- Beta
- 1.20 weighted, vs S&P 500
ISCG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ISCG | 60.8 | 19.6 | 2.11 | 3.80 | 0.69% | 6.3% | 3.5% | 22.1% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
ISCG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 24.2% | 93.3 | 24.4 | 3.99 | 5.85 | 0.11% | 6.3% |
| Industrials | 20.3% | 47.7 | 18.8 | 1.54 | 3.52 | 0.68% | 7.4% |
| Healthcare | 18.4% | n/m | 22.5 | 3.36 | 5.37 | 0.05% | −1.3% |
| Financial Services | 9.6% | 50.7 | 13.6 | 1.16 | 2.49 | 1.23% | 4.9% |
| Consumer Cyclical | 8.8% | 38.1 | 16.4 | 1.45 | 4.28 | 0.73% | 11.2% |
| Real Estate | 5.1% | 33.4 | 34.3 | 5.24 | 2.21 | 4.04% | 6.6% |
| Communication Services | 3.2% | 73.9 | 16.8 | 2.58 | 4.25 | 0.52% | 5.8% |
| Basic Materials | 3.0% | 46.4 | 17.2 | 1.52 | 3.16 | 0.97% | 6.8% |
| Consumer Defensive | 2.8% | 25.2 | 16.8 | 1.52 | 3.55 | 0.24% | 14.1% |
| Energy | 2.7% | 18.0 | 16.7 | 2.03 | 1.93 | 1.45% | 10.7% |
| Utilities | 0.9% | 32.9 | 20.7 | 3.06 | 1.97 | 2.05% | 6.0% |
ISCG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How ISCG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ISCG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| TEAM | Atlassian Corporation | 1.13% | — | 36.2 | 8.0 | — | −0.04% |
| OKTA | Okta, Inc. | 1.12% | 112.8 | 54.3 | 10.7 | — | 0.61% |
| GH | Guardant Health, Inc. | 0.70% | — | — | 18.0 | — | −0.95% |
| ROKU | Roku, Inc | 0.68% | 65.8 | 39.1 | 4.4 | — | 0.64% |
| NTNX | Nutanix, Inc. | 0.61% | 12.9 | 29.9 | 6.3 | — | 2.89% |
| DT | Dynatrace, Inc. | 0.60% | 122.2 | 29.6 | 8.5 | — | 0.30% |
| RBRK | Rubrik, Inc. | 0.59% | — | 625.0 | 15.0 | — | −0.32% |
| NDSN | Nordson Corporation | 0.52% | 32.6 | 24.8 | 6.0 | 1.17% | 0.99% |
| MEDP | Medpace Holdings, Inc. | 0.52% | 36.3 | 31.9 | 6.2 | — | 0.88% |
| GWRE | Guidewire Software, Inc. | 0.50% | 103.6 | 34.8 | 9.4 | — | 0.30% |
| TW | Tradeweb Markets Inc. | 0.48% | 27.2 | 26.0 | 11.1 | 0.49% | 1.10% |
| LECO | Lincoln Electric Holdings, Inc. | 0.48% | 26.2 | 21.2 | 3.2 | 1.33% | 1.13% |
| U | Unity Software Inc. | 0.48% | — | 28.7 | 8.8 | — | −0.99% |
| MANH | Manhattan Associates, Inc. | 0.47% | 63.8 | 40.3 | 11.5 | — | 0.46% |
| IOT | Samsara Inc. | 0.47% | 282.6 | 52.4 | 12.5 | — | 0.10% |
| RL | Ralph Lauren Corporation | 0.47% | 24.3 | 18.4 | 2.7 | 1.04% | 1.20% |
| NBIX | Neurocrine Biosciences, Inc. | 0.46% | 19.9 | 14.1 | 4.1 | — | 1.43% |
| HUBS | HubSpot, Inc. | 0.44% | 82.5 | 13.9 | 3.4 | — | 0.33% |
| PEN | Penumbra, Inc. | 0.43% | 78.8 | 55.6 | 8.4 | — | 0.34% |
| COKE | Coca-Cola Consolidated, Inc. | 0.43% | 27.9 | 17.4 | 1.8 | 0.48% | 0.95% |
| FIVE | Five Below, Inc. | 0.42% | 20.0 | 22.1 | 2.3 | — | 1.29% |
| AIT | Applied Industrial Technologies, Inc. | 0.42% | 30.2 | 27.8 | 2.4 | 0.62% | 0.85% |
| SMTC | Semtech Corporation | 0.39% | 90.5 | 53.2 | 10.9 | — | 0.26% |
| STRL | Sterling Infrastructure, Inc. | 0.38% | 30.6 | 19.6 | 3.8 | — | 0.78% |
| GNRC | Generac Holdings Inc. | 0.38% | 44.3 | 15.9 | 2.6 | — | 0.54% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About ISCG valuation
Adding up its 892 holdings with company data, ISCG trades at 60.8 times trailing earnings and 19.6 times analysts' forward estimates, with a price-to-book ratio of 3.80 and a dividend yield of 0.69%. Its earnings yield of 1.65% is 3.68 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 7.0% of the fund and earn 5.3% of its combined profit. By sector, Technology is the most expensive at 93.3 times earnings and Energy the cheapest at 18.0. Companies that lost money over the past year are 22.1% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ISCG chart, ISCG performance, ISCG holdings, ISCG dividends.
ISCG valuation FAQ
What is the P/E ratio of ISCG?
Based on its holdings, ISCG has a trailing P/E of 60.8 and a forward P/E of 19.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ISCG?
The trailing earnings yield is 1.65% (1 ÷ P/E) and the forward earnings yield 5.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ISCG more expensive than the S&P 500?
ISCG trades at 60.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.6 and 19.9.
What is the price-to-book ratio of ISCG?
The holdings of ISCG trade at 3.80 times book value, with a combined return on equity of 6.3%.
Which sector in ISCG has the highest P/E?
Technology has the highest P/E at 93.3 and Energy the lowest at 18.0.