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Posted by
Two Blokes Apr 20 -
Filed in
Stock
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iShares Russell Top 200 Growth Index Fund ETF offers exposure to large U.S. companies with high-growth expectations, managing $11.2 billion with a 0.20% expense ratio. The fund's top holdings include Apple, Microsoft, Nvidia, and Amazon, with a concentrated portfolio and a three-year beta of 1.13x (per iShares), or 1.19x as calculated by the author. IWY likely offers a forward annual return of circa 6.5% over the next five years, indicating the fund is overvalued with limited upside potential at current prices.