iShares Russell Top 200 ETF
IWL
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- iShares Russell Top 200 ETF (IWL) is an exchange-traded fund that seeks to track the investment results of the Russell Top 200 Index, which measures the performance of the largest capitalization segment of the U.S. equity market, comprising approximately the top 200 companies by market capitalization from the Russell 3000 Index. The ETF provides investors with exposure to large-cap U.S. equities across multiple sectors including information technology, financials, health care, consumer discretionary, industrials, and materials; its portfolio typically holds around 198 stocks with top holdings such as Apple Inc., Microsoft Corp., NVIDIA Corp., Amazon.com Inc., and Meta Platforms Inc. Launched on September 22, 2009, and issued by BlackRock, Inc., the fund has an expense ratio of 0.15%, net assets exceeding $1.7 billion as of mid-2025, and trades on NYSE Arca under the ticker IWL. The ETF does not pursue a sustainable, impact, or ESG investment strategy and primarily serves institutional and retail investors seeking broad large-cap U.S. market exposure. iShares Russell Top 200 ETF operates within the asset management industry, focusing on passive equity index replication for target markets including wealth managers, financial advisors, and individual investors in the United States. Geographically, the fund invests exclusively in U.S.-domiciled large-cap equities listed on U.S. exchanges. As part of BlackRock's iShares brand, headquartered in New York City—a global asset manager founded in 1988 with over $12.5 trillion in assets under management as of 2025—it benefits from the issuer's extensive infrastructure supporting ETF distribution worldwide. Recent developments include ongoing portfolio adjustments tied to the annual FTSE Russell U.S. equity index reconstitution in 2025, which introduced sector weight shifts such as declines in information technology and increases in consumer discretionary and industrials, alongside new holdings like Palantir Technologies Inc., MicroStrategy Inc., and AppLovin Corp. The fund's assets under management grew to approximately $1.92 billion amid broader iShares platform record inflows of $153 billion in Q3 2025 and $152 billion in H1 2025, driven by fixed income and equity ETFs. BlackRock, the issuer, expanded its ETF offerings with launches such as the iShares Total USD Fixed Income Market ETF (BTOT) in December 2025 and enhanced global listings of iShares ETFs across Cboe exchanges in 2024-2025, alongside acquisitions like HPS Investment Partners in July 2025 to bolster private markets capabilities.