ATLASiShares Russell Top 200 ETF (IWL): outlook, holdings and fees
iShares Russell Top 200 ETF (IWL) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.14% and the yield is 0.80%. The ten largest holdings are 45% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on IWL
| Last price | $188.21 (+0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $184.64 – $193.78 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 0.80% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
IWL fund facts
| Issuer | iShares |
|---|---|
| Theme | Other strategies |
| Assets under management | $2.3B |
| Expense ratio | 0.14% |
| Number of holdings | 201 |
| Portfolio turnover | 5% |
| Inception | Sep 22, 2009 |
| Exchange | NYSE |
The index measures the performance of the largest capitalization sector of the U.S. equity market, as defined by Russell. BFA uses a representative sampling indexing strategy to manage the fund. It may use derivatives to gain or reduce exposure to the components of the underlying index or exposure to one or more market risk factors associated with such components. It is non-diversified.
IWL top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 9.11% |
| Apple Inc. AAPL | Technology | 8.68% |
| Microsoft Corporation MSFT | Technology | 6.78% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.27% |
| Alphabet Inc Class A GOOGL | Communication Services | 3.56% |
| Broadcom Inc AVGO | Technology | 2.78% |
| Alphabet Inc Class C GOOG | Communication Services | 2.96% |
| Meta Platforms Inc. META | Communication Services | 2.82% |
| Micron Technology Inc MU | Technology | 1.94% |
| Tesla Inc TSLA | Consumer Cyclical | 1.89% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
IWL sector breakdown
| Sector | Weight |
|---|---|
| Technology | 43.4% |
| Financial Services | 11.0% |
| Communication Services | 10.8% |
| Consumer Cyclicals | 9.4% |
| Healthcare | 8.6% |
| Industrials | 6.5% |
| Consumer Defensive | 4.4% |
| Energy | 2.7% |
| Basic Materials | 1.3% |
| Utilities | 1.0% |
| Real Estate | 0.9% |
By region: North America 99.7%, Europe Developed 0.2%.
IWL returns and risk
| Year to date | +14.5% |
|---|---|
| 1 year | +16.3% |
| 3 years (annualised) | +23.6% |
| 5 years (annualised) | +14.1% |
| 10 years (annualised) | +16.0% |
| Volatility (3 years) | 13.3% |
| Sharpe ratio (3 years) | 1.44 |
Past returns do not guarantee future results.
IWL: frequently asked questions
What does IWL invest in?
iShares Russell Top 200 ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (9.1%), Apple Inc. (8.7%), Microsoft Corporation (6.8%), Amazon.com Inc (4.3%), Alphabet Inc Class A (3.6%).
What is the IWL expense ratio?
0.14% a year: about $14.00 for every $10,000 invested.
What is the IWL dividend yield?
0.80%. ATLAS does not hold the exact distribution dates for ETFs.
Will IWL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $184.64 to $193.78 from $188.21 today. It is a probability, not a prediction.
How has IWL performed?
Year to date +14.5%, one year +16.3%, three years +23.6% a year, five years +14.1% a year. Past returns do not guarantee future results.
Similar ETFs: Other strategies
- iShares Russell 1000 ETF (IWB)
- Vanguard Extended Market ETF (VXF)
- State Street SPDR S&P MidCap 400 ETF Trust (MDY)
- iShares S&P 100 ETF (OEF)
- iShares Russell 3000 ETF (IWV)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
- iShares Preferred and Income Securities ETF (PFF)
Educational information, not investment advice. Disclaimer