IWL
iShares Russell Top 200 ETF
📎 Investment Objective
The iShares Russell Top 200 ETF (IWL) seeks to track the investment results of an index composed of the 200 largest U.S. companies, providing exposure to the large-cap segment of the U.S. equity market.
Overview
ETF tracking iShares Russell Top 200 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Russell Top 200 ETF (IWL) seeks to track the investment results of an index composed of the 200 largest U.S. companies, providing exposure to the large-cap segment of the U.S. equity market.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the Russell Top 200 Index. It invests in a representative sample of securities included in the underlying index to achieve its investment objective.
✨ Key Features
- Provides broad exposure to the 200 largest U.S. companies, representing a significant portion of the overall U.S. equity market capitalization.
- Passively managed, index-tracking strategy aims to minimize expenses and tracking error.
- May be suitable as a core holding or for diversification within a larger portfolio.
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors.
- Concentration risk: The fund's performance may be more volatile due to its focus on the largest U.S. companies.
- Tracking error risk: The fund may not perfectly track the underlying index, leading to potential underperformance.
- Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF at the desired price.
👤 Best For
The iShares Russell Top 200 ETF may be suitable for investors seeking broad exposure to the large-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for long-term investors with a moderate risk tolerance who are looking for a low-cost, passively managed investment option.