Summary: IWY provides exposure to US Large Cap Growth sector with strong performance history.

From Nasdaq: 2024-06-26 06:20:06

The iShares Russell Top 200 Growth ETF (IWY) provides exposure to the Large Cap Growth sector of the US equity market. Sponsored by Blackrock, it holds over $12.05 billion in assets. Large Cap companies offer stability with predictable cash flows, but growth stocks come with higher valuations and risks. IWY has an expense ratio of 0.20% and a dividend yield of 0.53%.

With a heavy allocation to Information Technology at 43.80%, IWY’s top holdings include Microsoft Corp, Apple Inc, and Nvidia Corp. It aims to match the performance of the Russell Top 200 Growth Index. IWY has gained 22.61% year to date and 38.58% over the last year. It has a beta of 1.07 and a standard deviation of 21.67%.

Investors seeking exposure to Large Cap Growth may consider IWY, Vanguard Growth ETF (VUG), or Invesco QQQ (QQQ). VUG has $133.50 billion in assets with an expense ratio of 0.04%, while QQQ has $287.84 billion in assets with a 0.20% expense ratio. IWY has a Zacks ETF Rank of 2 (Buy) and is suitable for long-term investors seeking low-cost, diversified exposure to the market.



Read more at Nasdaq: Should iShares Russell Top 200 Growth ETF (IWY) Be on Your Investing Radar?