Highlights

  • Exposure focus: The Russell 3000 view of the US stock market.
  • Official net Assets were USD 20,578,004,306 as at 4 November 2026.
  • The listed net annual expense ratio is 0.20%.
  • Its reference measure is Russell 3000 Index.

iShares Russell 3000 ETF (NYSEARCA:IWV) tracks the Russell 3000 Index, combining US equities across market capitalizations. The broad universe includes smaller businesses alongside the largest listed companies. It remains a particular benchmark view of the US market, so its membership and weights need not match those of another total-market fund.

Investment approach and market coverage

iShares Russell 3000 ETF (NYSEARCA:IWV) uses an index-tracking mandate. The stated benchmark is Russell 3000 Index. The benchmark defines the eligible Investment universe, and its membership and weights shape the portfolio. An index objective does not mean the fund and benchmark will match exactly. Expenses, transactions, cash balances and implementation decisions can create differences. The scope of the mandate matters when comparing this exposure with an existing portfolio, because funds with similar names may cover different securities or market segments.

Holdings and underlying exposure

In the official holdings file dated 3 November 2026, selected leading stock positions were Nvidia at 6.63%; Apple at 6.60%; Microsoft at 5.33%; Amazon.Com Inc at 3.35%; Alphabet Class A at 2.24%. These figures are security-level portfolio weights; separate securities from the same issuer may appear in other rows. Holdings and weights can change.

Aggregating the reported Equity rows by the issuer file’s sector labels gives Information Technology at approximately 34.04%, Financials at approximately 12.37%, Health Care at approximately 10.48%. These are calculated sums of rounded security weights, rather than a separate issuer-published allocation table. Cash, Derivatives and other asset classes are excluded from these sector sums. The composition helps explain which economic exposures accompany the stated mandate.

Fees distributions and share pricing

iShares Russell 3000 ETF (NYSEARCA:IWV) has a listed gross annual expense ratio of 0.20% and net annual expense ratio of 0.20%. At the net rate, USD 10,000 held at a constant value for a full year would imply approximately USD 20.00 in annual fund expenses. This is an illustrative fee calculation, excluding changes in value, brokerage costs and bid-ask spreads. Expenses are reflected within the product rather than quoted as a promised investment outcome.

The stated distribution frequency is quarterly. The schedule describes how often distributions are expected, while payment amounts depend on income and other applicable fund circumstances. A distribution is distinct from capital appreciation and does not establish a fixed future payment. Shareholders also need to consider their own tax treatment, including any treatment of distributions or gains on sale.

iShares reported net asset value of USD 435.05 per share as at 4 November 2026. NAV measures the underlying net asset value allocated to a share; it is not an exchange closing-price quotation. Shares trade on NYSE Arca, where the transaction price can differ from NAV and where the bid-ask spread adds to the cost of entering or exiting a position.

Coverage across company sizes

A total-market equity mandate combines businesses at different stages of development, but the largest constituents can still dominate the allocation. Smaller companies add distinct financing and operating risks, while large multinationals can bring sensitivity to overseas demand. Broad stock coverage reduces dependence on individual businesses without removing the effect of a market-wide decline. The industry mix and relative company weights remain central to interpreting the actual exposure.

Key Insights

iShares Russell 3000 ETF (NYSEARCA:IWV) is defined by its benchmark and eligible investment universe. Its holdings explain the actual exposure, while the fee schedule and distribution arrangements explain important ownership mechanics. These features need to be considered together: broad coverage, a particular style or a specified Maturity band each changes the risks a Shareholder takes. The investment objective remains a target, and the value of the shares can decline.

Data checked on 5 November 2026. Each numerical observation uses the specific source date stated above.