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IWB
ETFISHARES RUSSELL 1000 ETF
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Description
The iShares Russell 1000 ETF (IWB) holds a diversified portfolio of U.S. large‑ and mid‑cap stocks, representing roughly the 1,000 biggest issuers in the Russell 3000 Index, with virtually all assets in U.S. equities across all sectors such as technology, financials, health care and consumer discretionary. Its strategy is a passive, market‑cap‑weighted replication of the Russell 1000 Index, seeking to match the index’s performance before fees. This broad, low‑turnover exposure makes IWB a suitable core holding for investors who want comprehensive U.S. equity market coverage as a foundational component of a diversified long‑term portfolio.
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