The iShares Russell 1000 Growth ETF (IWF) is an exchange-traded fund designed to track the performance of the Russell 1000 Growth Index, which consists of large-cap U.S. companies classified as growth-oriented businesses.
The ETF is managed by BlackRock through its iShares platform and trades under the ticker IWF in the U.S. market.
Classified as an international equity ETF, IWF aims to reflect, before fees and expenses, the performance of stocks representing the growth segment of the U.S. equity market. To achieve this objective, the fund follows a passive management strategy, maintaining a portfolio that seeks to replicate the composition and weighting of its reference index.
The Russell 1000 Growth Index is derived from the broader Russell 1000 universe, focusing on companies with growth-related characteristics such as earnings and revenue expansion potential.
The index is weighted according to market-based criteria defined by its methodology, giving greater representation to companies with higher economic relevance. Periodic reviews may include reclassification, inclusion, or removal of constituents, and these changes are mirrored by the ETF.
Diversification and sector exposure
IWF provides exposure to the growth segment of large-cap U.S. companies, encompassing a broad range of economic sectors. Sector diversification includes:
Information technology.
Consumer discretionary.
Healthcare.
Communication services.
Financial services.
Industrials.
This composition reflects the typical sector concentration associated with growth-oriented companies in the U.S. equity market.
Structure and costs
Shares of IWF are traded on the secondary market, while creation and redemption occur through authorized participants, a mechanism designed to keep the ETF’s market price close to its net asset value (NAV). The fund charges a management fee consistent with passively managed ETFs and does not apply a performance fee.
IWF has a single share class and trades exclusively under the ticker IWF. The fund may distribute income derived from dividends paid by the companies held in its portfolio, in accordance with its operational policy.
History and evolution of the ETF
The iShares Russell 1000 Growth ETF was launched in the early 2000s, during a period of expansion in the ETF industry and increasing segmentation of the U.S. equity market.
Over time, IWF followed the growing adoption of passive investment strategies and style-based allocations, maintaining its focus on efficient index replication.
Additional Information
iShares Russell 1000 Growth ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $131.22 Billions.
Over the past 12 months, iShares Russell 1000 Growth ETF recorded a return of 20.87%, with its price trading between $118.80 and $491.71 during the same period.
The ETF is traded under the ticker IWF.