From Nasdaq:

The iShares Russell Top 200 ETF (IWL), launched on 09/22/2009, is a passively managed ETF with over $1.12 billion in assets, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. This ETF carries a Zacks ETF Rank of 3 (Hold) and has annual operating expenses of 0.15%.

Large Cap Blend companies, with a market capitalization over $10 billion, are considered a more stable investment option because they have predictable cash flows. IWL has heaviest allocation to the Information Technology sector and top holdings include Apple Inc (AAPL), Microsoft Corp (MSFT), and Amazon Com Inc (AMZN).

IWL seeks to match the performance of the Russell Top 200 Index before fees and expenses. The ETF has lost about -0.06% so far this year and was up about 27.99% in the last one year (as of 01/09/2024). IWL is a medium risk choice in the space, with about 200 holdings and a beta of 0.99.

iShares Russell Top 200 ETF is a good option for those seeking exposure to the Style Box – Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space, such as iShares Core S&P 500 ETF (IVV) with expenses of 0.03% and SPDR S&P 500 ETF (SPY) with expenses of 0.09%.

Retail and institutional investors are increasingly turning to passively managed ETFs like IWL because they offer low costs, transparency, flexibility, and tax efficiency; these kinds of funds are also excellent vehicles for long term investors. For more information on ETFs, visit the Zacks ETF Center to screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe.



Read more: Should iShares Russell Top 200 ETF (IWL) Be on Your Investing Radar?