The iShares Russell 2000 ETF seeks to track the investment results of the Russell 2000 Index, which measures the performance of small-capitalization U.S. equities.
Description: Launched in May 2000 by BlackRock, the iShares Russell 2000 ETF (IWM) is one of the most popular exchange-traded funds providing exposure to small-cap U.S. stocks. It aims to replicate the Russell 2000 Index, which includes approximately 2,000 of the smallest companies in the Russell 3000 Index. The fund is widely used by investors to gain diversified small-cap exposure, often for portfolio diversification or as a benchmark for small-cap performance. IWM is listed on NYSE Arca and has significant trading volume and assets under management.