iShares Russell Top 200 Value ETF (IWX)

The iShares Russell Top 200 Value ETF (IWX) seeks to track the investment results of an index composed of large and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of equity securities of Russell Top 200 Index companies with lower price-to-book ratios and lower forecasted growth than the Russell Top 200 Index.

Its top holdings include well-known companies such as Berkshire Hathaway, JPMorgan Chase, and Johnson & Johnson.

Investing in IWX allows investors to gain exposure to a diversified portfolio of large and mid-cap U.S. equities with value characteristics, including lower price-to-book ratios and lower forecasted growth. The focus on value stocks may appeal to investors seeking exposure to companies that are considered undervalued by the market.