iShares Adds Family of Large-Cap ETFs

iShares has added a new family of large-cap ETFs to its exchange traded fund lineup.

The new ETFs are based on the Russell 200 Index which includes approximately 200 of the largest securities based on a combination of their market cap and current index membership comprising approximately 65% of the U.S. market.

The iShares Russell Top 200 Index Fund (IWL)iShares Russell Top 200 Growth Index Fund (IWY) andiShares Russell Top 200 Value Index Fund (IWX) all trade on the NYSE.

The Russell Top 200 Growth Index includes Russell Top 200 Index companies with higher price-to-book ratios and higher forecasted growth values while the Russell Top 200 Value Index includes companies with lower price-to-book ratios and lower forecasted growth.

For more ETF investing choices, see the style ETF directory.