IWO

IWO rebalances its portfolio in response to changes in the Russell 2000 Growth Index. When the index undergoes reconstitution or rebalancing, the ETF adjusts its holdings to reflect the new composition of the index.

IWO aims to closely track the Russell 2000 Growth Index. Due to its passive management strategy, the ETF typically has a low tracking error, meaning its performance is expected to closely mirror that of the index. However, minor deviations may occur due to factors such as fund expenses and management.

IWO has an expense ratio of approximately 0.24%. This fee covers the costs of managing the fund, including administrative and operational expenses.

IWO is managed passively by iShares. The fund aims to replicate the performance of the Russell 2000 Growth Index by holding a portfolio of stocks that mirrors the index’s composition. The management involves regular rebalancing to ensure the ETF's holdings align with the index.

IWO generally distributes dividends on a quarterly basis. These dividends come from the income generated by the underlying stocks in the ETF’s portfolio.

Investors can purchase shares of IWO through a brokerage account. It is traded on major stock exchanges under the ticker symbol "IWO," and can be bought and sold like other stocks and ETFs.

Factors affecting IWO’s performance include the performance of the Russell 2000 Growth Index, market conditions for small-cap growth stocks, and changes in economic conditions. The fund’s tracking error and expense ratio also influence performance.

Similar ETFs to IWO include VONG (Vanguard Russell 2000 Growth ETF) and SLYG (SPDR S&P 600 Small Cap Growth ETF). These funds also focus on small-cap growth stocks but may track different indices or have varying expense ratios and management strategies.

Yes, IWO can be held in retirement accounts such as IRAs or 401(k)s. Its suitability depends on the investor’s long-term strategy and risk tolerance.

Key performance metrics for IWO include its net asset value (NAV), expense ratio, total return, and tracking error. NAV indicates the per-share value of the ETF, the expense ratio represents the cost of managing the fund, total return reflects the fund’s performance including dividends, and tracking error measures how closely the ETF’s performance matches the index.