IWX: ISHARES RUSSELL TOP 200 VALUE ETF
ETF Education Report: ISHARES RUSSELL TOP 200 VALUE ETF (IWX)
What this ETF is trying to do
The ISHARES RUSSELL TOP 200 VALUE ETF (IWX) is an exchange-traded fund that focuses on "value" stocks. It holds a variety of different companies within its portfolio. Based on the provided data, this ETF contains 155 total holdings.
What the numbers show
The current price of one share is $111.87. To understand how the price has moved, we can look at the estimated price from roughly one year ago, which was approximately $88.13.
It is important to understand the difference between price return and total return:
• Price Return: This measures only the change in the share price. For example, the one-year price return was approximately 26.94%.
• Total Return: This includes both the share price change and any cash distributions paid out. The one-year total return was approximately 28.90%.
Looking at longer periods, the three-year price return was approximately 72.32%, while the three-year total return was approximately 81.96%. The year-to-date (YTD) price return is approximately 21.78%, and the YTD total return is approximately 23.13%.
Top Holdings
The following are the top holdings in this ETF (note that this is a partial list):
• AMAZON.COM INC: 8.38%
• APPLE INC: 7.61%
• MICROSOFT CORP: 5.57%
• BERKSHIRE HATHAWAY INC CLASS B: 3.63%
• JPMORGAN CHASE & CO: 3.48%
• JOHNSON & JOHNSON: 2.39%
• EXXON MOBIL CORP: 2.21%
• INTEL CORP: 2.17%
• CISCO SYSTEMS INC: 1.80%
• WALMART INC: 1.70%
Income and distribution explanation
This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 1.38%. This means the cash paid out is about 1.38% of the ETF's price. These distributions usually happen quarterly, and there were 4 payouts in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). Some investors worry about erosion because it can mean the fund is losing value over time. For this ETF, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• The ETF has shown positive price returns and total returns over the one-year, three-year, and year-to-date periods.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield (1.38%) is relatively low compared to some other types of income-focused investments.
Beginner takeaway
When looking at an ETF like IWX, it is helpful to look at both the price change and the total return. The total return gives a fuller picture because it includes the cash distributions you receive. Always remember that a high distribution yield does not guarantee that the share price will stay stable.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | AMAZON.COM INC | AMZN | 8.38% |
| 2 | APPLE INC | AAPL | 7.61% |
| 3 | MICROSOFT CORP | MSFT | 5.57% |
| 4 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 3.63% |
| 5 | JPMORGAN CHASE & CO | JPM | 3.48% |
| 6 | JOHNSON & JOHNSON | JNJ | 2.39% |
| 7 | EXXON MOBIL CORP | XOM | 2.21% |
| 8 | INTEL CORP | INTC | 2.17% |
| 9 | CISCO SYSTEMS INC | CSCO | 1.80% |
| 10 | WALMART INC | WMT | 1.70% |