From Nasdaq: 2024-05-23 06:20:07

The iShares Russell 2000 Growth ETF (IWO) was launched on 07/24/2000, managed by Blackrock with assets of over $11.04 billion, providing exposure to the Small Cap Growth segment of the US equity market. Small cap growth stocks have high potential but also higher risk due to their sales and earnings growth rates.

With an annual operating expense ratio of 0.24% and a 12-month trailing dividend yield of 0.65%, IWO focuses heavily on the Information Technology sector, with top holdings including Super Micro Computer Inc (SMCI). The ETF seeks to match the performance of the Russell 2000 Growth Index and has returned about 5.11% this year.

Investors seeking exposure to the Small Cap Growth area might consider alternatives like the iShares S&P Small-Cap 600 Growth ETF (IJT) and the Vanguard Small-Cap Growth ETF (VBK), with similar indexes but varying assets and expense ratios. IWO carries a Zacks ETF Rank of 3 (Hold) and is suitable for long-term investors looking for low-cost, transparent options in the ETF universe.

Read more at Nasdaq: Should iShares Russell 2000 Growth ETF (IWO) Be on Your Investing Radar?