Core Insights - The iShares Russell 2000 Value ETF (IWN) and iShares SP Mid-Cap 400 Value ETF (IJJ) were both launched 20 years ago but have diverged in performance and characteristics [1][2]. Cost & Size Comparison - IWN has an expense ratio of 0.24% and an AUM of $12.59 billion, while IJJ has a lower expense ratio of 0.18% and an AUM of $8.47 billion [3][4]. - The 1-year return for IWN is 18.44%, compared to IJJ's 10.84%, and IWN has a dividend yield of 1.53% versus IJJ's 1.7% [3]. Performance & Risk Comparison - Over the past five years, IWN experienced a maximum drawdown of 26.71%, while IJJ had a lower drawdown of 22.68% [5]. - A $1,000 investment in IWN would have grown to $1,338, whereas the same investment in IJJ would have grown to $1,528 [5]. Portfolio Composition - IJJ focuses on mid-cap value stocks, with significant holdings in financial services, industrials, and consumer cyclical sectors, totaling 311 holdings [6]. - IWN, in contrast, holds a broader array of 1,413 small-cap stocks, with top holdings including EchoStar Corp., Hecla Mining Company, and TTM Technologies, reflecting a wide diversification [7]. Investment Implications - Investors' choice between IWN and IJJ may hinge on their risk tolerance, as small-cap stocks (IWN) are generally more volatile than mid-cap stocks (IJJ) [8][10]. - IJJ has outperformed IWN by over 20% in both the last five years and since inception, making it a more stable option with potential for price gains [10].

Core Insights - The iShares SP Mid-Cap 400 Value ETF (IJJ) and Vanguard Small-Cap Value ETF (VBR) are both value-oriented ETFs targeting U.S. stocks trading below their estimated worth, but they differ in their focus on mid-cap versus small-cap companies [2][8] Cost and Size Comparison - IJJ has an expense ratio of 0.18% and assets under management (AUM) of $8.0 billion, while VBR has a lower expense ratio of 0.07% and significantly larger AUM of $59.6 billion [3][4][9] - VBR offers nearly triple the number of holdings compared to IJJ, with 840 stocks versus IJJ's 309 [3][6] Performance and Risk Metrics - Over the past year, IJJ returned 7.6% while VBR returned 8.06% [3] - The maximum drawdown over five years for IJJ is -22.68%, compared to VBR's -24.19% [5] Portfolio Composition - VBR's largest sector exposures are in industrials (19%), financial services (18%), and consumer cyclicals (13%), indicating broad diversification [6] - IJJ focuses more on mid-cap value stocks, with significant weights in financial services (19%), industrials (15%), and consumer cyclicals (12%) [7] Investment Implications - Cost-conscious value investors may prefer VBR due to its lower fees and broader small-cap exposure, while those seeking a smoother investment experience might opt for IJJ's mid-cap focus, accepting higher costs for potentially reduced volatility [10][11]

Core Viewpoint - The Mosaic Company, a significant player in the agriculture inputs industry, has experienced a notable decline in stock performance despite reporting strong quarterly results, leading to concerns about investor confidence and future sales guidance [1][5][6]. Company Overview - The Mosaic Company is based in Tampa, Florida, and specializes in producing and marketing concentrated phosphate and potash crop nutrients both in North America and internationally [1]. - With a market capitalization of $7.9 billion, Mosaic is categorized as a mid-cap stock, reflecting its substantial size and influence in the agriculture inputs sector [2]. Stock Performance - Mosaic's stock has decreased by 38.6% from its 52-week high of $38.23 reached on July 8, and has fallen 30.6% over the past three months, underperforming the S&P 500 Index, which has seen a 2.9% increase during the same period [3]. - Year-to-date, Mosaic's stock has declined by 4.6%, and over the past 52 weeks, it has dropped 9.2%, significantly lagging behind the S&P 500's gains of 15.6% in 2025 and 12% over the past year [4]. Quarterly Results - In its Q3 results released on November 4, Mosaic reported a 22.8% year-over-year increase in net sales to $3.5 billion, exceeding market expectations by 40 basis points [5]. - The adjusted earnings per share (EPS) rose from $0.34 in the same quarter last year to $1.04, surpassing consensus estimates by 6.1% [5]. Guidance and Analyst Ratings - Despite the positive quarterly results, Mosaic reduced its full-year sales volumes guidance, which may have affected investor confidence [6]. - Compared to its peer, CF Industries Holdings, Inc., which has seen a 9.1% decline year-to-date and a 10.5% drop over the past year, Mosaic has outperformed [6]. - Among 17 analysts covering Mosaic stock, the consensus rating is a "Moderate Buy," with a mean price target of $34, indicating a potential upside of 44.9% from current price levels [6].