IWY: The Megacap Growth ETF That Outperformed S&P 500 by 2X in 10 Years

The iShares Russell Top 200 Growth ETF (IWY) has delivered a standout performance, returning 451% over the past decade compared to the S&P 500's 306%. With heavyweight holdings like NVIDIA at 15%, Apple at 13%, and Microsoft at 10%, IWY has generated an impressive 18% annualized return. The fund's 0.20% expense ratio is relatively high compared to Vanguard's growth index, but it still outperforms, turning $1,000 into $5,163. Despite lagging the broader market's 10% YTD gain, IWY's resilience in megacap downturns highlights its strategic value. This performance underscores why IWY is often overlooked by growth-focused investors, making it a compelling alternative for long-term capital appreciation.