Is IWY a good investment?

iShares Russell Top 200 Growth ETF (IWY) is a US large-cap growth ETF. As of September 11, 2026, ETF Copilot scores IWY 6.6 out of 10 — highest on Quality (10.0), lowest on Valuation (3.3). It trades at 31.3 times earnings, against its own median of 27.7. Its ten largest holdings are 63% of the fund.

Updated September 11, 2026

How is IWY rated? ETF Copilot scores iShares Russell Top 200 Growth ETF (IWY) 6.6 out of 10

As of September 11, 2026, ETF Copilot scores iShares Russell Top 200 Growth ETF (IWY) 6.6 out of 10 overall.

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

Overall: 6.6 / 10
Growth: 6.1 / 10
Valuation: 3.3 / 10
Risk: 5.6 / 10
Quality: 10.0 / 10
Return: 7.9 / 10

What is IWY's expense ratio? 0.20% a year

As of September 11, 2026, IWY charges 0.20% a year, yields 0.45% and holds $15.9B in assets across 104 positions.

iShares Russell Top 200 Growth ETF (IWY) — cost, income and size
Measure	IWY
Expense ratio	0.20%
Dividend yield	0.45%
Assets under management	$15.9B
Holdings	104

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 IWY's data

Tracks U.S. mega-cap growth stocks in the technology hardware sector.

Trades at a richer price than the typical large-cap growth fund — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 22.9x is among the priciest in the category, yet return on invested capital of 36.3% shows the earnings power behind that price.

A high-growth tech exposure with elevated valuations, designed for portfolios already holding broader growth positions.

Why did IWY move this week? It fell 0.8% in the week to September 11, 2026 — Nvidia and Microsoft drove it

IWY fell 0.8% 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 IWY expensive right now? It trades at 31.3 times earnings, against its own median of 27.7

As of September 11, 2026, IWY is more expensive than 82% of its own 114 monthly readings since 2017 — 93 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 IWY? 73% Tech

What's inside IWY: Size (Large 99%, Mid 1%, Small 0%); Geography (International 1%, US 99%); Tech 72.5%; Magnificent 7 50.3%; AI 40.1%; Semiconductors 33.6%; Memory 28.6%.

What are IWY's top holdings? The ten largest are 63% of the fund

Nvidia, Apple, Microsoft, Alphabet, Broadcom, Micron Technology, Meta Platforms, Tesla and Eli Lilly are IWY's largest holdings, in that order.

More concentrated than 80% of US Large Cap Growth ETFs.

Half of IWY's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 18 equally weighted holdings.

Cite this

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