JKK ETF — Holdings & Analysis

The iShares Morningstar Small-Cap Growth ETF (JKK) offers exposure to small-capitalization U.S. equities exhibiting growth characteristics, tracking the Morningstar Small-Cap Growth Index.

With an AUM of $0.86 billion and a low expense ratio of 0.06%, JKK provides a cost-effective way to access a diversified portfolio of approximately 963 holdings. The fund's focus on growth stocks within the small-cap universe differentiates it, potentially offering higher growth potential compared to broader market ETFs, but also increased volatility.

iShares Morningstar Small-Cap Growth ETF (JKK) ETF — Price, Holdings & Analysis

The iShares Morningstar Small-Cap Growth ETF (JKK) offers exposure to small-capitalization U.S. equities exhibiting growth characteristics, tracking the Morningstar Small-Cap Growth Index. With an AUM of $0.86 billion and a low expense ratio of 0.06%, JKK provides a cost-effective way to access a diversified portfolio of approximately 963 holdings. The fund's focus on growth stocks within the small-cap universe differentiates it, potentially offering higher growth potential compared to broader market ETFs, but also increased volatility.

ETF Overview

The iShares Morningstar Small-Cap Growth ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit growth characteristics.

The iShares Morningstar Small-Cap Growth ETF (JKK) aims to replicate the performance of the Morningstar Small-Cap Growth Index, targeting U.S. small-cap companies with strong growth potential. This ETF is designed for investors seeking to enhance their portfolio's growth component by focusing on companies believed to have above-average earnings and revenue growth. JKK's portfolio includes a diverse range of companies, with top holdings such as Plug Power Inc (2.52%), Axon Enterprise Inc (1.10%), and MKS Instruments Inc (0.95%). The fund's sector allocation is heavily weighted towards Industrials (24.5%), Technology (20.6%), and Healthcare (16.3%), reflecting the growth-oriented nature of its investments. By focusing on small-cap growth stocks, JKK offers a targeted approach for investors looking to capitalize on the potential of emerging companies, while accepting the inherent risks associated with this market segment. The fund's country exposure is primarily in the United States (97.1%).

Risk Metrics

Investing in the iShares Morningstar Small-Cap Growth ETF (JKK) involves several risk considerations. As a small-cap focused fund, JKK is subject to higher volatility compared to large-cap ETFs, indicated by a 3-year Beta of 1.16. The fund's sector allocation introduces concentration risk, with significant exposure to Industrials (24.5%), Technology (20.6%), and Healthcare (16.3%), meaning that performance is closely tied to the performance of these sectors. While the expense ratio of 0.06% is low, it still represents a cost that can slightly detract from overall returns over time. The fund's top holding, Plug Power Inc, represents 2.52% of the portfolio, introducing some company-specific risk. Investors should be aware that small-cap growth stocks can be more sensitive to economic downturns and market fluctuations than their large-cap counterparts. Past performance does not guarantee future results.

Expense Ratio

0.06%

What does JKK hold?

Holding	Weight
Plug Power Inc (PLUG)	2.52%
Axon Enterprise Inc (AXON)	1.10%
MKS Instruments Inc (MKSI)	0.95%
Natera Inc (NTRA)	0.95%
Palantir Technologies Inc Ordinary Shares - Class A (PLTR)	0.92%
Ultragenyx Pharmaceutical Inc (RARE)	0.92%
Arrowhead Pharmaceuticals Inc (ARWR)	0.86%
Churchill Downs Inc (CHDN)	0.86%
Euronet Worldwide Inc (EEFT)	0.82%
Manhattan Associates Inc (MANH)	0.82%

How Is the Fund Allocated?

Sector	Weight
Industrials	24.5%
Technology	20.6%
Healthcare	16.3%
Financial Services	10.3%
Consumer Cyclical	9.9%
Real Estate	5.5%
Basic Materials	3.2%
Consumer Defensive	3.1%
Energy	3.1%
Communication Services	2.1%
Utilities	1.0%
Cash & Others	0.2%

Country	Weight
United States	97.1%
Other	0.2%
Bermuda	0.5%
Switzerland	0.3%
Cayman Islands	0.0%
Netherlands	0.1%
Jersey	0.0%
Israel	0.1%
Canada	0.4%
Guernsey	0.0%

Dividend Yield

0.26%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

iShares Russell 2000 ETF (IWM) (Equity) — 0.19% expense ratio
iShares MSCI Emerging Markets ETF (EEM) (Equity) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) (Equity) — 0.32% expense ratio
iShares MSCI Emerging Markets Small-Cap ETF (EEMS) (Equity) — 0.72% expense ratio
iShares FinTech Active ETF (BPAY) (Equity) — 0.66% expense ratio
iShares Blockchain and Tech ETF (IBLC) (Equity) — 0.47% expense ratio

Risk Metrics

Beta: 1.16

Questions & Answers

What is JKK and what does it track?

The iShares Morningstar Small-Cap Growth ETF (JKK) is an exchange-traded fund designed to track the investment results of the Morningstar Small-Cap Growth Index. This index is composed of small-capitalization U.S.

equities that exhibit growth characteristics, meaning companies that are expected to grow their earnings at a faster rate than the average company.

What is the expense ratio for JKK?

The iShares Morningstar Small-Cap Growth ETF (JKK) has an expense ratio of 0.06%. This means that for every $10,000 invested, the fund charges $6 annually to cover its operating expenses.

This expense ratio is relatively low compared to the average expense ratio for equity ETFs, which is around 0.44%.

What are the top holdings in JKK?

As of 2026-03-15, the top holdings in the iShares Morningstar Small-Cap Growth ETF (JKK) include Plug Power Inc (PLUG) at 2.52%, Axon Enterprise Inc (AXON) at 1.10%, and MKS Instruments Inc (MKSI) and Natera Inc (NTRA) both at 0.95%.

These holdings represent a relatively small portion of the overall portfolio, indicating a fairly well-diversified fund.

Is JKK a good long-term investment?

Determining whether the iShares Morningstar Small-Cap Growth ETF (JKK) is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon.

JKK offers exposure to small-cap growth stocks, which have the potential for high growth but also come with increased volatility. The fund's low expense ratio of 0.06% can help minimize costs over the long term.

How does JKK compare to similar ETFs?

The iShares Morningstar Small-Cap Growth ETF (JKK) can be compared to other small-cap growth ETFs based on several factors. JKK has an expense ratio of 0.06%, which is lower than many of its competitors.

The fund's AUM is $0.86 billion, which indicates a moderate level of investor interest.

Does JKK pay dividends?

Yes, the iShares Morningstar Small-Cap Growth ETF (JKK) does pay dividends. As of 2026-03-15, the fund has a dividend yield of 0.26%.

This yield represents the annual dividend income received from the fund's holdings, expressed as a percentage of the fund's net asset value (NAV).