Should iShares Russell 1000 ETF (IWB) Be on Your Investing Radar?

From Nasdaq: 2024-05-09 06:20:06

If you’re looking for exposure to the US large cap blend segment, consider the iShares Russell 1000 ETF (IWB), managed by Blackrock. With over $34.88 billion in assets, this ETF has low expenses at 0.15% and a 1.23% dividend yield. It holds top holdings in tech, including Microsoft, Apple, and Nvidia.

Large cap blend ETFs offer stability and diversity in the stock market, with a mix of growth and value stocks. IWB focuses on the Information Technology sector with 28.70% allocation. It tracks the Russell 1000 Index, showing a 8.71% gain this year and a 27.04% gain in the past year.

Investors seeking large cap blend exposure can also consider alternatives like the iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY). Compared to IWB, IVV has an expense ratio of 0.03% and SPY charges 0.09%. IWB is a top pick for its low cost, transparency, flexibility, and tax efficiency, making it a suitable choice for long term investors.



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