Industry Distribution (estimated 2025):

• Industry: 17%
• Healthcare: 16%
• Finance: 15%

Top 3 Markets (estimated 2025):

• USA: 90%
• Canada: 3%
• United Kingdom: 2%

The iShares Russell 2000 ETF (IWM) tracks the Russell 2000 Index, which focuses on smaller companies in the USA. The majority of revenues come from the USA, as the index mainly includes US companies. The industry distribution shows diversification across various sectors, with industry, healthcare, and finance making up the largest shares. This diversification helps spread risk and benefit from different economic cycles.

iShares Trust - iShares Russell 2000 ETF (ARCA:IWM) is an exchange-traded fund (ETF) and not a company that manufactures physical products.

iShares ETFs are managed by BlackRock, a leading asset manager. Since it is a financial fund, there are no production facilities for physical products. The fund invests in a variety of companies included in the Russell 2000 Index, which represents smaller US companies. The "products" of the fund are the financial services and investment opportunities it offers to its investors.

Current Strategy: Passive index replication
Focus: Diversification and cost efficiency

The iShares Russell 2000 ETF (IWM) is an exchange-traded fund that tracks the performance of the Russell 2000 Index. This index includes the 2000 smallest companies in the Russell 3000 Index, providing broad diversification in the small-cap segment of the US market.

As it is a passively managed ETF, iShares does not pursue an active growth strategy in the conventional sense of a company. Instead, the focus is on accurately replicating the index to offer investors a cost-efficient way to diversify.

Future growth for the ETF mainly depends on the performance of the companies included in the Russell 2000 Index and on the general demand for small-cap investments. iShares could indirectly promote the growth of the ETF through marketing initiatives and increasing the product's visibility to attract more investors.

ETF Composition: The iShares Russell 2000 ETF (IWM) is an exchange-traded fund that tracks the Russell 2000 Index. This index includes the 2000 smaller companies in the Russell 3000 Index.

Since IWM is an ETF that tracks an index of smaller US companies, the ETF itself does not import commodities or materials. Instead, investors invest in a basket of stocks that are included in the index.

Company Dependency: However, the companies included in the Russell 2000 Index may import commodities and materials. These imports vary greatly depending on the industry and specific company. Typical commodities could be metals, chemicals, or agricultural products.

Countries of Origin: The countries of origin of these commodities and materials depend on global trade relationships and the specific requirements of the companies. Common countries of origin for commodities are Canada, China, Brazil, and Australia, depending on the type of commodity.

In summary, it can be said that the iShares Russell 2000 ETF itself does not import commodities, but invests in companies that may source commodities from different countries. The exact origin and type of commodities depend on the individual business models of the companies included in the index.

Current market value: $230 (estimated for 2025 based on historical data) Managed assets: $70 billion (estimated for 2025 based on historical data)

The iShares Russell 2000 ETF (IWM) is an exchange-traded fund that tracks the Russell 2000 Index, which measures the performance of 2000 small publicly traded companies in the USA. The competitive advantage of IWM lies in its broad diversification and its ability to provide investors with access to a wide range of small-cap companies.

Another advantage is the high liquidity of the ETF, which allows investors to easily and cost-effectively invest in the small-cap market. Additionally, IWM benefits from the strong brand and distribution network of iShares, one of the largest providers of ETFs worldwide.

The competitive advantage of IWM is also evident in its low cost structures compared to actively managed funds. This makes it an attractive option for investors seeking a cost-effective way to invest in small-cap stocks.

Institutional investor share: approx. 95% (estimated, based on historical data from 2023)

Insider purchases/sales: Low, as ETFs usually do not have insider transactions

The iShares Russell 2000 ETF (IWM) is an exchange-traded fund that tracks the Russell 2000 Index, which consists of 2000 smaller publicly traded US companies. The institutional investor share is traditionally high, as ETFs are preferred by large institutional investors such as pension funds, mutual funds, and other institutional investors to achieve diversified market exposures.

Insider purchases or sales are uncommon in ETFs like the iShares Russell 2000 ETF, as it is not a single company but a fund that includes a variety of companies. Therefore, there are no classic insider transactions as seen with individual stocks.

Market share of iShares Russell 2000 ETF (IWM): approx. 25% (2025, estimated)

Main competitors and their market shares:

1. Vanguard Russell 2000 ETF (VTWO): approx. 20%
2. SPDR S&P 600 Small Cap ETF (SLY): approx. 15%
3. Schwab U.S. Small-Cap ETF (SCHA): approx. 10%
4. iShares Core S&P Small-Cap ETF (IJR): approx. 8%
5. Vanguard Small-Cap ETF (VB): approx. 7%

Moat of iShares Russell 2000 ETF (IWM):

The iShares Russell 2000 ETF (IWM) has a significant moat due to its high liquidity and large managed assets. These factors make it particularly attractive to institutional investors who want to trade large positions without significantly affecting market prices.

Compared to its competitors, IWM offers broad diversification within the small-cap segment, making it a preferred instrument for investors seeking exposure in this market segment. The iShares brand itself is well-established and enjoys high investor trust, which is another advantage.

Competitors like the Vanguard Russell 2000 ETF (VTWO) and the SPDR S&P 600 Small Cap ETF (SLY) also offer strong products with sometimes lower expense ratios, making them attractive to cost-conscious investors. Therefore, the competitive advantage of IWM lies less in costs and more in liquidity and brand strength.

Overall, IWM has a solid moat, but the competition also provides strong alternatives, especially for investors focused on costs.

Managed Assets: approx. 70 billion USD (2023) Number of held companies: approx. 2,000 Average annual return (last 5 years): approx. 8% (estimated)

The iShares Russell 2000 ETF (IWM) is an exchange-traded fund that tracks the Russell 2000 Index. This index includes the 2,000 smaller companies in the Russell 3000 Index, making it an indicator of the performance of small-cap stocks in the USA.

Small-cap stocks generally offer higher growth potential but are also more volatile than large-cap stocks. The IWM provides broad diversification within the small-cap segment, reducing the risk of individual company failures.

In recent years, the ETF has achieved an average annual return of about 8%, making it an attractive option for investors looking for long-term growth. The economic outlook for small-cap companies can be influenced by the general economic situation, interest rates, and the companies' innovation capabilities.

For investors willing to take on higher risk for potentially higher returns, the IWM could be a good investment. However, it is important to consider one's own risk tolerance and investment strategy.

Dividend yield: 1.2% (estimated for 2025)
Payout frequency: Quarterly

The iShares Russell 2000 ETF (IWM) regularly pays out dividends, which are typically distributed quarterly to investors. The dividend yield typically ranges from 1% to 2%, depending on the underlying stocks of the Russell 2000 Index, which represents smaller US companies.

The reliability of the payout is relatively high, as the ETF is broadly diversified and benefits from the financial stability of many smaller companies. However, dividends can fluctuate due to volatility and economic conditions that may affect smaller companies more.