ETF Introduction: IWX — iShares Russell Top 200 Value ETF Market News Video - Monday, April 6, 5:28 PM
Description to the Russell Top 200 Value Index Fund, traded under ticker symbol IWX: This ETF is a fund, created in September 2009, that corresponds to the price and yield performance, before fees and expenses, of the Russell Top 200 Value Index. The underlying index gauges the performance of the particularly large-capitalization segment of the United States equities markets represented by stocks in the largest two hundred by market cap that exhibit value characteristics as defined by the index. It includes Russell Top 200 Index companies with lower price-to-book ratios and lower forecasted growth values. These stocks of these companies are also constituents of the Russell 1000 Growth Index.