#ETFs BlackRock launches new ETF that replicates the S&P MidCap 400 to invest in mid-sized companies in the US

BlackRock launches new ETF that replicates the S&P MidCap 400 to invest in mid-sized companies in the US

BlackRock launches new ETF that replicates the S&P MidCap 400 to invest in mid-sized companies in the US

Antonio Villanueva

Finect

July 7, 2025

The new iShares SP4S offers exposure to the with a TER of 0.20% on Euronext Amsterdam

BlackRock has announced the launch of the iShares S&P Mid Cap 400 Swap UCITS ETF (SP4S), a new exchange-traded fund designed to provide exposure to mid-sized companies in the US through a derivative-based strategy.

The benchmark index, the S&P MidCap 400, represents the performance of US mid-cap companies, considered for their balance between growth potential and stability.

The SP4S will use swaps to replicate the index, allowing for precise exposure with potential reduction of total cost of ownership and better replication of index performance. The fund will trade on Euronext Amsterdam with a total expense ratio (TER) of 0.20%.

Manuela Sperandeo, Product Director of iShares for Europe and the Middle East at BlackRock, commented: “Clients are looking for more granular ways to customize their exposure to US equities and take advantage of market dispersion. BlackRock's innovative range of swap ETFs is built with quality, transparency, and performance to provide clients with a wide range of solutions that access the market efficiently.”

This product adds to the range of iShares swap ETFs, which now includes eight funds with more than $14 billion in assets under management, according to BlackRock data as of June 26, 2025. #etfbtc