iShares Russell Top 200 ETF (IWL) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IWL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IWL
IWL charges 0.15% annually. There are 24 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | IWL vs ILCB | |
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | IWL vs VUG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | IWL vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | IWL vs SCHG | |
| iShares Morningstar Growth ETF | 0.04% | 3.21B | Jun 2004 | IWL vs ILCG |
Best Risk-Adjusted Alternatives to IWL
IWL has a PortfoliosLab risk / return rank of 55. There are 52 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | IWL vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | IWL vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | IWL vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | IWL vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | IWL vs BIBL |
Top Performing IWL Alternatives (YTD)
IWL is at 6.83% YTD. There are 108 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | IWL vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | IWL vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | IWL vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | IWL vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | IWL vs RPG |
Lowest Volatility Alternatives to IWL
IWL has 12.89% 1-year volatility. There are 37 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | IWL vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | IWL vs QUS | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | IWL vs DGRO | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | IWL vs PFM | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | IWL vs TDVG |
Lowest Drawdown Alternatives to IWL
IWL has a 1-year max drawdown of -9.83%. There are 53 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | IWL vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | IWL vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | IWL vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | IWL vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | IWL vs QUS |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 13 categories. AUM among these funds goes as high as $838B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.71% | 95.28B | May 2020 | IWL vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -28.88% | 48.04B | Jan 2024 | IWL vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 59 | 8.20% | 837.93B | May 2000 | IWL vs IVV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 95 | 100.58% | 46.67B | Jul 2001 | IWL vs SOXX | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | 0.77% | 41.34B | Jul 2002 | IWL vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 31 | -13.49% | 32.53B | Apr 2006 | IWL vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -4.73% | 64.29B | Jan 2005 | IWL vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 67 | 20.47% | 81.35B | May 2000 | IWL vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 58 | 9.86% | 32.95B | Mar 2008 | IWL vs ACWI | |
| iShares Core U.S. Aggregate Bond ETF | Total Bond Market | 32 | 0.47% | 138.10B | Sep 2003 | IWL vs AGG |
Often Compared With IWL
Investors most often compare IWL with IWY, VOO, SPY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare IWL with Any Fund or Stock
Compare IWL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IWL with funds that move differently
iShares Russell Top 200 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IWL.
Explore IWL Diversifiers