Is IWL a good investment?

iShares Russell Top 200 ETF (IWL) is a US large-cap blend ETF. As of September 11, 2026, ETF Copilot scores IWL 5.8 out of 10 — highest on Quality (9.3), lowest on Valuation (2.0). It trades at 26.4 times earnings, against its own median of 22.0. Its ten largest holdings are 44% of the fund.

Updated September 11, 2026

How is IWL rated? ETF Copilot scores iShares Russell Top 200 ETF (IWL) 5.8 out of 10

As of September 11, 2026, ETF Copilot scores iShares Russell Top 200 ETF (IWL) 5.8 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.8 / 10
Growth: 2.5 / 10
Valuation: 2.0 / 10
Risk: 7.5 / 10
Quality: 9.3 / 10
Return: 8.0 / 10

What is IWL's expense ratio? 0.15% a year

As of September 11, 2026, IWL charges 0.15% a year, yields 1.00% and holds $2.2B in assets across 203 positions.

iShares Russell Top 200 ETF (IWL) — cost, income and size
Measure	IWL
Expense ratio	0.15%
Dividend yield	1.00%
Assets under management	$2.2B
Holdings	203

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in IWL's data

Tracks the 200 largest US stocks, a large-cap core holding.

Its stocks trade at a higher price relative to earnings than typical.

Trailing P/E multiple of 26.4x, above the category median of 25.0x.

Offers concentrated exposure to the biggest US companies, anchoring a portfolio's large-cap allocation.

Why did IWL move this week? It fell 1.0% in the week to September 11, 2026 — Nvidia and Microsoft drove it

IWL fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.

Is IWL expensive right now? It trades at 26.4 times earnings, against its own median of 22.0

As of September 11, 2026, IWL is more expensive than 86% of its own 114 monthly readings since 2017 — 98 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside IWL? 50% Tech

What's inside IWL: Size (Large 99%, Mid 0%, Small 0%); Geography (International 3%, US 98%); Tech 50.2%; Magnificent 7 38.8%; AI 26.5%; Semiconductors 19.4%; Memory 16.6%.

What are IWL's top holdings? The ten largest are 44% of the fund

Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Meta Platforms, Micron Technology and Tesla are IWL's largest holdings, in that order.

More concentrated than 81% of US Large Cap Blend ETFs.

Half of IWL's weight sits in its 14 largest positions, and once those weights are taken into account it behaves like 35 equally weighted holdings.

Cite this

ETF Copilot, “iShares Russell Top 200 ETF (IWL) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/iwl