iShares Russell 3000 ETF (NYSEARCA:IWV) Covers the Full U.S. Equity Market Across 2,593 Stocks

Sonal Goyal

27 October 2026 05:28 PM AEDT

iShares Russell 3000 ETF (NYSEARCA:IWV) Covers the Full U.S. Equity Market Across 2,593 Stocks

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

iShares Russell 3000 ETF (NYSEARCA:IWV) had net assets of about $20.42 billion and a NAV of $433.47 as of Oct 26, 2026.
The fund tracks the Russell 3000 Index with an expense ratio of 0.20%.
Its 30-day SEC yield was 0.92%, with quarterly distributions.

The iShares Russell 3000 ETF (NYSEARCA:IWV) tracks U.S. stocks across all market capitalizations, representing the broad U.S. equity market. As of Oct 26, 2026, net assets were about $20.42 billion and NAV was $433.47 per share.

Index and Investment Approach

The fund follows the Russell 3000 Index and has traded since May 22, 2000. Its expense ratio is 0.20%, and distributions are paid quarterly.

Portfolio Composition

Large technology companies lead the 2,593-stock portfolio: Apple (6.88%), Nvidia (6.74%), Microsoft (5.33%), Amazon.com (3.29%) and Alphabet Class A (2.55%). The fund may use exchange-traded index futures to offset cash and receivables.

Yield and Distributions

The fund reported a 30-day SEC yield of 0.92% as of Sep 30, 2026 and a 12-month trailing yield of 0.88%. Distributions are paid quarterly. The most recent distribution was $0.996955 per share, with an ex-date of Sep 15, 2026 and payment on Sep 18, 2026. iShares notes that distribution yield and trailing yield can vary from period to period for reasons such as tax treatment and changes in fund shares outstanding.

Portfolio Characteristics

As of Oct 23, 2026 the portfolio held 2,593 securities, with a price-to-earnings ratio of 28.15 and a price-to-book ratio of 4.99.

Concentration and Holdings Profile

2,593 securities were held as of Oct 23, 2026. The five largest positions listed on the fund page totalled about 24.79% of assets, leaving roughly 75.21% across the remaining holdings. That is a moderate level of concentration at the top of the portfolio. iShares notes that holdings are subject to change and that the weights shown are calculated from vendor prices, which may differ from the fund’s own valuation prices.

Fund Details at a Glance

The iShares Russell 3000 ETF (NYSEARCA:IWV) is an index-based equity fund that began trading on May 22, 2000. Its benchmark is the Russell 3000 Index, and it pays distributions quarterly. As of Oct 26, 2026 it had 47.1 million shares outstanding and net assets of $20,416,395,895. An annual fee of 0.20% works out to $20 for every $10,000 held, before any brokerage commissions.

Risk Disclosures Noted by iShares

Shares of ETFs are bought and sold at market price rather than NAV and are not individually redeemed from the fund, and brokerage commissions will reduce returns. Investing involves risk, including possible loss of principal.

Costs and Trading Details

The expense ratio is 0.20%. The fund is listed on NYSE Arca with 47.1 million shares outstanding and net assets of $20,416,395,895 as of Oct 26, 2026. The closing price was $433.48 as of Oct 26, 2026, against a NAV of $433.47 on Oct 26, and the premium/discount was 0.00. The 30-day median bid/ask spread was 0.02% and 30-day average volume was 213,757 shares.

Closing View

iShares Russell 3000 ETF (NYSEARCA:IWV) reported net assets of about $20.42 billion and 2,593 holdings, with its index, fees and distribution schedule as set out above. The quarterly distribution schedule, 0.20% expense ratio and 0.02% median bid/ask spread are the main cost and income details reported for the fund.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.