IWP is a Small & Mid-Cap ETF from iShares holding 277 positions as of Mar 31, 2026, with $20.5B in assets and a 0.23% net expense ratio. Its largest positions are VRT (3.4%), HWM (3.3%) and RCL (2.5%); the top 10 holdings account for 24.0% of the portfolio. By sector it leans Industrials (24.4%) and Consumer Discretionary (21.2%). It yields 0.34% on a trailing-12-month basis.
- Issuer
- iShares
- Holdings
- 2774.4% cash, collateral & derivative positions excluded
- Net Assets
- $20.5BETF assets as of 2026-08-10
- Expense Ratio
- 0.23%per latest SEC prospectus filing
- TTM Yield
- 0.34%trailing 12-month distributions
Performance
- 1M
- +1.5%
- YTD
- +5.4%
- 1Y
- +3.1%
- 3Y (ann.)
- +14.6%
- 5Y (ann.)
- +5.1%
- 10Y (ann.)
- +12.1%
A $10,000 investment 10 years ago would be worth $31,309 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Industrials | 24.4% |
|---|---|
| Consumer Discretionary | 21.2% |
| Information Technology | 15.6% |
| Health Care | 14.9% |
| Financials | 8.5% |
| Other Sectors | 15.3% |
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  VRTVertiv Holdings Co., Class A | 3.43% |
| 2 |  HWMHowmet Aerospace, Inc. | 3.32% |
| 3 |  RCLRoyal Caribbean Cruises Ltd. | 2.51% |
| 4 |  HLTHilton Worldwide Holdings, Inc. | 2.49% |
| 5 |  NETCloudflare, Inc., Class A | 2.33% |
| 6 |  PWRQuanta Services, Inc. | 2.25% |
| 7 |  CORCencora, Inc. | 2.07% |
| 8 |  TRGPTarga Resources Corp. | 1.92% |
| 9 |  VSTVistra Corp. | 1.83% |
| 10 |  MPWRMonolithic Power Systems, Inc. | 1.82% |
| 11 |  FIXComfort Systems USA, Inc. | 1.73% |
| 12 |  IDXXIDEXX Laboratories, Inc. | 1.61% |
| 13 |  FASTFastenal Co. | 1.57% |
| 14 |  CVNACarvana Co., Class A | 1.53% |
| 15 |  ALNYAlnylam Pharmaceuticals, Inc. | 1.51% |
| 16 |  GWWWW Grainger, Inc. | 1.46% |
| 17 |  DDOGDatadog, Inc., Class A | 1.33% |
| 18 |  AMPAmeriprise Financial, Inc. | 1.32% |
| 19 |  RBLXROBLOX Corp., Class A | 1.26% |
| 20 |  AXONAxon Enterprise, Inc. | 1.16% |
| 21 |  INSMInsmed, Inc. | 1.15% |
| 22 |  RKLBRocket Lab Corp. | 1.13% |
| 23 |  NRGNRG Energy, Inc. | 1.08% |
| 24 |  TPLTexas Pacific Land Corp. | 0.98% |
| 25 |  LNGCheniere Energy, Inc. | 0.98% |
Showing the top 25 of 277 holdings. See the full IWP holdings list →
IWP alternatives
The closest Small & Mid-Cap ETFs to IWP by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 VOTVanguard Mid-cap Growth Index Fund | 43% | 0.05%cheaper | $19.9B | Compare → |
 IWRiShares Russell Mid-Cap ETF | 32% | 0.18%cheaper | $57.6B | Compare → |
 VOVanguard Mid-cap Index Fund | 25% | 0.03%cheaper | $109.2B | Compare → |
 VBKVanguard Small-cap Growth Index Fund | 25% | 0.05%cheaper | $24.3B | Compare → |
 JHMMJohn Hancock Multifactor Mid Cap ETF | 21% | 0.41%pricier | $6.0B | Compare → |
 VXFVanguard Extended Market Index Fund | 19% | 0.05%cheaper | $32.2B | Compare → |
 VBVanguard Small-cap Index Fund | 17% | 0.03%cheaper | $82.5B | Compare → |
 SCHMSchwab U.S. Mid-Cap ETF | 15% | 0.04%cheaper | $15.1B | Compare → |
Frequently Asked Questions
What is IWP's expense ratio?
IWP has a net expense ratio of 0.23%, per its latest SEC prospectus filing. That works out to about $23 a year on a $10,000 investment.
How many holdings does IWP have?
IWP held 277 positions as of Mar 31, 2026, per its latest official holdings data. Cash, collateral and derivative positions (4.4% of portfolio weight) are excluded from that count.
What are IWP's top 10 holdings?
IWP's largest positions are VRT (3.4%), HWM (3.3%), RCL (2.5%), HLT (2.5%), NET (2.3%), PWR (2.3%), COR (2.1%), TRGP (1.9%), VST (1.8%), MPWR (1.8%). Together they account for 24.0% of the portfolio.
What is IWP's dividend yield?
IWP yields 0.34% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is IWP?
IWP has $20.5B in assets as of Aug 10, 2026.
What are good alternatives to IWP?
By portfolio overlap, the closest Small & Mid-Cap ETFs to IWP are VOT (43% overlap), IWR (32% overlap), VO (25% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.