Top industry allocations:

• Financial services: approx. 20%
• Healthcare: approx. 18%
• Information technology: approx. 15%

Top 3 markets:

• USA: approx. 75%
• Europe: approx. 15%
• Asia-Pacific: approx. 10%

The iShares Russell Top 200 Value ETF mainly invests in large US companies considered undervalued with strong potential for value appreciation. The most significant industries the ETF invests in are financial services, healthcare, and information technology.

The US market dominates with a share of approximately 75% of the total portfolio, followed by European markets and the Asia-Pacific region. This geographical distribution reflects the focus on established markets deemed stable and growth-oriented.

iShares Trust - iShares Russell Top 200 Value ETF (ARCA:IWX) is an exchange-traded fund (ETF) and not a company that manufactures physical products.

This ETF is managed by iShares, a subsidiary of BlackRock. iShares ETFs invest in various securities and provide investors with the opportunity to invest in a wide range of stocks. Therefore, there are no physical production facilities or products manufactured by this ETF.

Current Strategy: Focus on Value Investments
Target Market: US Large-Cap Companies
Investment Strategy: Passive Management

The iShares Russell Top 200 Value ETF (IWX) follows a passive investment strategy aiming to replicate the performance of the Russell Top 200 Value Index. This index includes the largest US companies considered undervalued with strong fundamental data.

The ETF's strategy involves investing in large-cap companies that are perceived as cheap compared to their competitors, based on metrics such as price-to-earnings ratio, price-to-book ratio, and dividend yield. This allows investors to benefit from potential price increases and dividend payments.

Future growth is pursued through continuous portfolio adjustments to match the index composition and capitalize on market opportunities in the value segment. The ETF offers broad diversification and a cost-effective way to invest in established companies with stable earnings.

Commodity Imports: No specific commodity imports

The iShares Trust - iShares Russell Top 200 Value ETF (ARCA:IWX) is an exchange-traded fund (ETF) that invests in stocks included in the Russell Top 200 Value Index. This index consists of large U.S. companies classified as value-oriented.

Since IWX is an ETF that invests in stocks, it does not import any commodities or materials itself. Instead, the fund invests in companies that may import commodities. The specific commodity imports and their countries of origin depend on the individual companies included in the ETF.

For detailed information on commodity imports, it would be necessary to analyze the annual reports of the companies included in the ETF.

Current Net Asset Value (NAV): $XX (2025, estimated) Assets Under Management (AUM): $XX billion (2025, estimated) Expense Ratio: 0.20% (2025, estimated)

The iShares Russell Top 200 Value ETF (IWX) provides investors with access to the largest and value-oriented companies in the USA. The competitive advantage of this ETF lies in its broad diversification and focus on established, value-oriented companies that tend to offer more stable returns.

Another advantage is the low expense ratio of about 0.20%, which is relatively inexpensive compared to actively managed funds. This allows investors to make a cost-effective investment in large, value-oriented companies.

Additionally, the ETF benefits from the strong brand and distribution network of iShares, one of the largest providers of ETFs worldwide, giving it a significant competitive edge over smaller providers.

Institutional Investor Share: Approximately 75% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant insider transactions known

The iShares Russell Top 200 Value ETF (IWX) is an exchange-traded fund that focuses on the largest and value-oriented companies in the USA. Due to its structure as an ETF, the share of institutional investors is typically high, as such funds are often used by large institutional investors such as pension funds and investment companies.

Insider transactions are generally less relevant for ETFs, as they do not represent individual companies but a basket of stocks. Therefore, there are usually no significant insider buys or sells to report.

Market share iShares Russell Top 200 Value ETF (IWX): Estimated around 2% (2025)

Main competitors and their estimated market shares:

1. Vanguard Value ETF (VTV): around 8%
2. SPDR S&P 500 Value ETF (SPYV): around 7%
3. Schwab U.S. Large-Cap Value ETF (SCHV): around 5%
4. iShares S&P 500 Value ETF (IVE): around 4%
5. Invesco S&P 500 Pure Value ETF (RPV): around 3%
6. iShares Russell 1000 Value ETF (IWD): around 3%
7. Vanguard Mega Cap Value ETF (MGV): around 2%
8. iShares Russell Top 200 Value ETF (IWX): around 2%

The iShares Russell Top 200 Value ETF (IWX) has a relatively small market share compared to its competitors. The largest competitor, Vanguard Value ETF (VTV), has a significant lead with a market share of around 8%.

The moat of the iShares Russell Top 200 Value ETF is limited. The ETF industry is highly competitive, and the differences between the funds often lie in the specific index methodologies and associated cost structures.

Vanguard and SPDR often offer lower expense ratios and have broader acceptance among institutional and retail investors, giving them a stronger moat. However, iShares has the advantage of a strong brand and a wide range of products, providing some market stability.

Overall, competing companies tend to have a better moat, especially through lower costs and greater economies of scale.

Total Expense Ratio (TER): 0.20% (2023)
Number of Holdings: Over 200 (2023)
Fund Size: Over 1 billion USD (2023)

The iShares Russell Top 200 Value ETF (IWX) is designed to track the performance of US large-cap stocks with a value approach. The ETF invests in companies included in the Russell Top 200 Value Index, providing broad diversification across various sectors.

The low Total Expense Ratio of 0.20% makes this ETF a cost-effective way to invest in the US value sector. With over 200 holdings, the ETF offers good diversification, minimizing the risk of individual company failures.

The fund size of over 1 billion USD indicates that the ETF provides sufficient liquidity, which is important for investors looking to enter and exit easily.

Overall, the iShares Russell Top 200 Value ETF could be an attractive option for investors interested in long-term value appreciation while benefiting from the stability and dividend payments of large US companies.

Dividend Yield: 2.1% (2024)

Payout Frequency: Quarterly

The iShares Russell Top 200 Value ETF (IWX) regularly pays dividends to its investors. The dividend yield was recently around 2.1% in 2024, which can be considered moderate compared to other ETFs in the large-cap value investments sector.

The payout is done quarterly, demonstrating a certain regularity and reliability in dividend payments. Historically, the ETF has consistently paid out its dividends, indicating a stable earnings base of the underlying companies in the ETF.