IWX Profile
The
iShares Russell Top 200 Value ETF (IWX) seeks to track the investment
results of an index composed of large and mid-capitalization U.S.
equities that exhibit value characteristics. The fund generally
invests at least 90% of its assets in securities of the underlying
index and in depositary receipts representing securities of the
underlying index. The underlying index measures the performance of
equity securities of Russell Top 200 Index companies with lower
price-to-book ratios and lower forecasted growth than the Russell Top
200 Index.
As of March 23, 2023, the fund has total net assets
of approximately $7.9 billion and holds 200 positions. Its top
holdings include well-known companies such as Berkshire Hathaway,
JPMorgan Chase, and Johnson & Johnson. The fund's expense ratio is
0.20%, making it relatively inexpensive compared to other ETFs.
Investing in IWX allows investors to gain exposure to a
diversified portfolio of large and mid-cap U.S. equities with value
characteristics, including lower price-to-book ratios and lower
forecasted growth. The focus on value stocks may appeal to investors
seeking exposure to companies that are considered undervalued by the
market. However, value stocks may underperform during periods of
market growth, and investors should consider their risk tolerance and
investment goals before investing in IWX or any
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