iShares Russell Top 200 Growth ETF

IWY

Market cap $15.9B

The iShares Russell Top 200 Growth ETF offers a rules-based, large-cap growth strategy with a 0.20% expense ratio and $15B in assets. IWY has outperformed SPY, QQQ, and IWF over the past five years, benefiting from capping mega-cap weights and focusing on forward fundamentals. While IWY carries a valuation premium, it delivers strong risk-adjusted returns and moderate volatility compared to other growth ETFs like QQQ and IWF.

The iShares Russell Top 200 Growth ETF offers concentrated exposure to mega-cap technology stocks, tracking the Russell Top 200 Growth Index. IWY has outperformed the S&P 500 historically, driven by heavy weights in NVDA, MSFT, and AAPL, but carries significant concentration risk. Given strong AI infrastructure investment, IWY is rated Buy, though investors should balance with small- and mid-cap growth strategies for diversification.

Launched on September 22, 2009, the iShares Russell Top 200 Growth ETF (IWY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.

Growth ETFs like MGK, VUG, IWY, IUSG, and SPYG and others hit fresh highs as investors shrug off tariff threats and chase AI-fueled momentum.

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the iShares Russell Top 200 Growth ETF (IWY) is a passively managed exchange traded fund launched on 09/22/2009.

I maintain my buy rating on IWY due to its high concentration in large cap tech and growth stocks, positioning it for outperformance. The stock market outlook favors high beta, large cap tech stocks, with robust earnings growth expected to drive further gains in 2025. IWY's focused exposure to technology, communication, and consumer cyclical sectors, plus AI leaders, boosts its potential for superior returns.

Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the iShares Russell Top 200 Growth ETF (IWY), a passively managed exchange traded fund launched on 09/22/2009.

iShares Russell Top 200 Growth Index Fund ETF offers exposure to large U.S. companies with high-growth expectations, managing $11.2 billion with a 0.20% expense ratio. The fund's top holdings include Apple, Microsoft, Nvidia, and Amazon, with a concentrated portfolio and a three-year beta of 1.13x (per iShares), or 1.19x as calculated by the author. IWY likely offers a forward annual return of circa 6.5% over the next five years, indicating the fund is overvalued with limited upside potential at current prices.

The iShares Russell Top 200 Growth ETF (IWY) was launched on 09/22/2009, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.

The 'Undercovered' Dozen series highlights 12 lesser-known ETFs offering potential investment opportunities for investors. Kurtis Hemmerling shares a bearish take on iShares Russell Top 200 Growth ETF due to poor factor implementation, despite its strong historical performance. Goldman Sachs Nasdaq-100 Core Premium Income ETF is given a buy from Jonathan Weber for income-oriented investors, combining a 10% dividend yield with tech exposure.