iShares Russell 1000 Growth ETF

What this fund is

iShares Russell 1000 Growth ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IWF (ISIN US4642876142). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It follows the Russell 1000 index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down.

It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.18% a year — about €18 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication). Its price has swung about 16.5% over the past year — a gauge of how much the value moves, not a judgement of quality.

It launched in 2000. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)