iShares Russell Top 200 ETF (IWL) is a US large-cap blend ETF. As of October 28, 2026, ETF Copilot scores IWL 7.3 out of 10 — highest on Quality (9.2), lowest on Value (3.4). It trades at 25.6 times earnings, against its own median of 23.8. Its ten largest holdings are 44% of the fund.
What stands out in IWL's data
Mega-cap U.S. stocks from the Russell Top 200 index.
Its companies generate a higher return on invested capital than typical peers.
Return on invested capital is 28.2%, above the category median of 26.4%.
A mega-cap core position for a portfolio that favors the largest U.S. names.
How is IWL rated? ETF Copilot scores iShares Russell Top 200 ETF (IWL) 7.3 out of 10
As of October 28, 2026, ETF Copilot scores iShares Russell Top 200 ETF (IWL) 7.3 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.3 / 10
- Growth: 8.3 / 10
- Value: 3.4 / 10
- Risk: 6.2 / 10
- Quality: 9.2 / 10
- Return: 8.2 / 10
Is IWL expensive right now? It trades at 25.6 times earnings, against its own median of 23.8
As of October 28, 2026, IWL is more expensive than 63% of its own last 9 years.
Trailing 12 months, built from IWL's holdings. How we calculate this →
What's inside IWL? 47% Tech
What's inside IWL: Size (Large 98%, Mid 0%, Small 2%); Geography (International 2%, US 98%); Tech 47.4%; Magnificent 7 39.1%; AI 26.5%; Semiconductors 18.9%; Memory 15.8%.
What are IWL's top holdings? The ten largest are 44% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Facebook, Tesla and Berkshire Hathaway are IWL's largest holdings, in that order.
More concentrated than 78% 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 34 equally weighted holdings.
What is IWL's expense ratio? 0.15% a year
As of October 28, 2026, IWL charges 0.15% a year, yields 0.84% and holds $2.3B in assets across 204 positions.
| Measure | IWL |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 0.84% |
| Assets under management | $2.3B |
| Holdings | 204 |
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.
Cite this
ETF Copilot, “iShares Russell Top 200 ETF (IWL) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/iwl
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