iShares Russell Top 200 Growth ETF
ALTAR
Score™
5.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
20.4x P/Sales
ratio
3.1x
P/BV
ratio
6.0x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Russell Top 200 Growth Index Fund seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Sep 25, 2009
Assets (mns) $1,628
Currency USD
Expense ratio 20 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Multi-Factor
Index replication n/a
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 127
Wgt avg mkt cap (mns) $464,595
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 11.5 %
APPLE INC 9.9 %
AMAZON.COM INC 7.9 %
FACEBOOK 3.7 %
ALPHABET INC. CLASS C 3.3 %
ALPHABET INC. CLASS A 3.2 %
VISA INC-CLASS A SHARES 2.6 %
UNITEDHEALTH GROUP INC 2.1 %
MASTERCARD INC-CLASS A 2.1 %
MERCK & CO. INC. 1.8 %
Total 48.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.4 %
IRELAND 1.0 %
BRITAIN 0.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.6% 3.6% 11.7% 13.4% 14.1%

Market Correlations
versus... Beta R-squared
S&P500 0.95 92%
MSCI EAFE 0.84 70%
MSCI Emg. Mkts. 0.62 57%

Technical Indicators
Recent close $80.99
30d moving avg. $87.23
Annualized volatility 15.0%
Short interest (ETF) 0.3%
Short interest (Underlying) 1.8%
Relative strength (RSI) 39

Liquidity measures
Avg. volume (thou.) 278
Turnover 1.4%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $160,584

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Russell Top 200 Growth ETF ETF based on the alternatives' overlap in portfolio holdings with IWY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWY Expense: 20 bp ALTAR Score™: 5.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWY
Ticker Fund
Name
Overlap1
vs IWY
(%)
Expense
ratio
(bp)
Savings
vs IWY
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWY
(%)
VONG Vanguard Russell 1000 Growth Index Fund 80.9 8 12 5.9 +0.2
IWF iShares Russell 1000 Growth ETF 80.5 19 1 5.8 +0.1
MGK Vanguard Mega Cap Growth ETF 79.5 7 13 5.7 +0.1
VOOG Vanguard S&P 500 Growth ETF 73.4 10 10 5.8 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 73.2 4 16 5.9 +0.2
IVW iShares S&P 500 Growth ETF 73.2 18 2 5.7 +0.1
VUG Vanguard Growth Index Fund 71.7 4 16 5.6 -0.0
IUSG iShares Core S&P US Growth ETF 69.5 4 16 5.9 +0.3
TMFC Motley Fool 100 Index ETF 67.7 50 -30 5.3 -0.3
XLG Invesco S&P 500 Top 50 ETF 66.0 20 0 6.0 +0.4
SCHG Schwab U.S. Large-Cap Growth ETF 66.0 4 16 5.7 +0.1
IWL iShares Russell Top 200 ETF 64.0 15 5 6.7 +1.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 63.6 60 -40 6.0 +0.4
OEF iShares S&P 100 ETF 61.9 20 0 6.4 +0.8
IETC iShares Evolved U.S. Technology ETF 61.4 18 2 5.4 -0.2
QQQ Invesco QQQ Trust 61.1 20 0 5.5 -0.2
QYLD Global X NASDAQ 100 Covered Call ETF 61.1 60 -40 5.0 -0.6
NUSI Nationwide Risk-Managed Income ETF 61.1 68 -48 5.0 -0.6
MGC Vanguard Mega Cap Index Fund 61.0 7 13 6.9 +1.3
IQSU IQ Candriam ESG US Equity ETF 60.8 9 11 6.8 +1.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 60.2 49 -29 5.5 -0.1
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 59.1 21 -1 4.4 -1.2
SPXN ProShares S&P 500 Ex-Financials ETF 57.9 27 -7 6.7 +1.1
SFY SoFi Select 500 ETF 57.2 0 20 6.7 +1.1
IGM iShares North American Tech ETF 56.5 46 -26 5.5 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 56.5 20 0 6.7 +1.1
HSPX Global X S&P 500 Covered Call ETF 55.8 65 -45 6.6 +1.0
PBP Invesco S&P 500 BuyWrite ETF 55.6 49 -29 6.8 +1.1
JKE iShares Morningstar Large-Cap Growth ETF 55.5 25 -5 4.7 -0.9
DSI iShares MSCI KLD 400 Social ETF 55.2 25 -5 6.9 +1.3
SPXE ProShares S&P 500 Ex-Energy ETF 54.9 27 -7 7.1 +1.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 54.7 20 0 7.2 +1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 54.6 12 8 6.9 +1.2
SPY SPDR S&P 500 ETF Trust 53.7 9 11 7.2 +1.5
SNPE Xtrackers S&P 500 ESG ETF 53.7 11 9 7.0 +1.3
VOO VANGUARD S&P 500 ETF 53.6 3 17 7.2 +1.6
SPLG SPDR Portfolio Large Cap ETF 53.5 3 17 7.2 +1.6
IVV iShares Core S&P 500 ETF 53.5 4 16 7.2 +1.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 53.0 75 -55 5.0 -0.6
VV Vanguard Large-Cap Index Fund 52.9 4 16 7.1 +1.5
ESGV Vanguard ESG U.S. Stock ETF 52.8 12 8 7.1 +1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 52.2 27 -7 6.9 +1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 52.1 2 18 7.2 +1.5
PBUS Invesco PureBeta MSCI USA ETF 51.7 4 16 7.2 +1.5
SUSL iShares ESG MSCI USA Leaders ETF 51.5 10 10 7.1 +1.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 51.4 10 10 7.1 +1.4
ESGU iShares MSCI USA ESG Optimized ETF 51.2 15 5 6.8 +1.2
VEGN US Vegan Climate ETF 51.0 60 -40 7.2 +1.6
CATH Global X S&P 500 Catholic Values Custom ETF 50.9 29 -9 7.1 +1.5
SCHX Schwab U.S. Large-Cap ETF 50.7 3 17 7.1 +1.5
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 50.4 29 -9 5.7 +0.1
VONE Vanguard Russell 1000 ETF 50.4 8 12 7.1 +1.5
SPTM SPDR Portfolio Total Stock Market ETF 49.8 3 17 7.4 +1.8
IWB iShares Russell 1000 ETF 49.7 15 5 7.1 +1.5
NACP Impact Shares NAACP Minority Empowerment ETF 49.6 75 -55 6.3 +0.7
SCHK Schwab 1000 Index ETF 49.3 5 15 7.2 +1.5
IYY iShares Dow Jones U.S. ETF 48.8 20 0 7.1 +1.4
VTHR Vanguard Russell 3000 Index Fund 47.7 10 10 7.0 +1.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 47.4 15 5 7.0 +1.4
WOMN Impact Shares YWCA Women's Empowerment ETF 47.3 75 -55 6.4 +0.7
SCHB Schwab U.S. Broad Market ETF 47.2 3 17 7.2 +1.5
IWV iShares Russell 3000 ETF 47.1 20 0 6.9 +1.3
VTI Vanguard Total Stock Market Index Fund 47.1 3 17 7.1 +1.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 47.1 3 17 7.1 +1.5
JQUA JPMorgan U.S. Quality Factor ETF 47.0 12 8 6.7 +1.1
ESG FlexShares STOXX US ESG Impact Index Fund 46.9 32 -12 6.9 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 46.5 19 1 7.7 +2.0
LRGE ClearBridge Large Cap Growth ESG ETF 46.5 60 -40 5.4 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 45.4 9 11 7.4 +1.8
RECS Columbia Research Enhanced Core ETF 45.3 15 5 7.6 +1.9
QUS SPDR MSCI USA StrategicFactors ETF 44.4 15 5 7.4 +1.8
FQAL Fidelity Quality Factor ETF 44.2 29 -9 7.1 +1.5
IOO iShares Global 100 ETF 44.1 40 -20 6.2 +0.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 43.9 12 8 6.4 +0.7
EPS WisdomTree U.S. Earnings 500 Fund 43.8 8 12 8.6 +3.0
IUS Invesco Strategic US ETF 43.4 19 1 8.1 +2.5
EXT WisdomTree U.S. Total Earnings Fund 42.8 28 -8 7.8 +2.2
SPXT ProShares S&P 500 Ex-Technology ETF 42.2 27 -7 7.4 +1.8
SYG SPDR MFS Systematic Growth Equity ETF 41.2 60 -40 6.4 +0.8
IYW iShares U.S. Technology ETF 41.0 42 -22 5.7 +0.1
EQWL Invesco Russell Top 200 Equal Weight ETF 41.0 25 -5 7.7 +2.1
FTEC Fidelity MSCI Information Technology Index ETF 40.6 8 12 6.3 +0.7
VGT Vanguard Information Technology Index Fund 40.6 10 10 6.3 +0.7
NULC Nuveen ESG Large-Cap ETF 40.4 20 0 7.0 +1.4
XLK Technology Select Sector SPDR Fund 40.3 13 7 6.4 +0.8
IXN iShares Global Tech ETF 40.3 46 -26 6.3 +0.7
DIVB iShares U.S. Dividend & Buyback ETF 40.0 25 -5 8.9 +3.3
FDLO Fidelity Low Volatility Factor ETF 39.9 29 -9 6.6 +1.0
FDMO Fidelity Momentum Factor ETF 39.7 29 -9 5.6 -0.0
QUAL iShares MSCI Usa Quality Factor ETF 39.5 15 5 7.0 +1.4
RFFC RiverFront Dynamic US Flex-Cap ETF 39.0 52 -32 7.7 +2.1
JHML John Hancock Multifactor Large Cap ETF 38.5 34 -14 7.6 +2.0
ADME Aptus Drawdown Managed Equity ETF 38.3 81 -61 5.5 -0.1
CACG ClearBridge All Cap Growth ETF 38.2 54 -34 5.7 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 37.7 28 -8 8.1 +2.5
JOYY Infusive Compounding Global Equities ETF 37.7 50 -30 5.2 -0.5
AVUS Avantis U.S. Equity ETF 37.7 15 5 8.1 +2.5
TOK iShares MSCI Kokusai ETF 37.5 25 -5 7.4 +1.8
TECB iShares US Tech Breakthrough Multisector ETF 37.5 40 -20 5.5 -0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 37.4 25 -5 8.7 +3.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Russell Top 200 Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 32.7 %
Divided by: Fwd. P/BV 5.6 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.32 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.