iShares Russell Top 200 Growth ETF

Frequently Asked Questions About IWY

What does IWY invest in?

IWY is a solid mega-cap ETF, holding a portfolio of growth stocks chosen from the 200 largest US companies in the Russell Top 200 Index. Stocks are selected and weighted based on two main growth factors: medium-term growth forecasts and historical sales per share growth. The index follows Russell's style methodology, which causes IWY to tilt heavier in technology, while comparatively reducing its financials exposure. These sector tilts make IWY somewhat less volatile and thus, appealing to investors looking for a more stable mega-cap growth fund. Notably, instead of replicating the index, the fund uses a representative sampling indexing strategy. The index is reconstituted and rebalanced on an annual basis.

What is the expense ratio of IWY?

iShares Russell Top 200 Growth ETF (IWY) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IWY?

iShares Russell Top 200 Growth ETF (IWY) manages $15.55B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IWY actively managed or an index fund?

IWY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IWY launched?

iShares Russell Top 200 Growth ETF (IWY) launched in September 2009 and is managed by IShares.

How has IWY performed?

IWY's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.