(IWY) Russell Top 200 Growth - NYSE ARCA

The iShares Russell Top 200 Growth ETF (IWY) tracks the performance of the largest growth-oriented companies within the U.S. equity market. The fund allocates a minimum of 80% of its assets to the component securities of its underlying index, with the flexibility to utilize derivatives and cash equivalents for the remaining 20% to manage liquidity or track the index more closely.

This ETF focuses on the Large Growth category, a segment dominated by technology and consumer services companies that exhibit above-average earnings expectations and high price-to-book ratios. Because the fund is non-diversified, it can maintain higher concentrations in a smaller number of individual issuers compared to traditional broad-market funds. Investors can further analyze the specific valuation metrics of these top-tier holdings on ValueRay.