BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

IWLvsUSCLETF Comparison

ETF 1

IWL

iShares Russell Top 200 ETF

This fund is part of

US Large Cap

+0.01%

Full IWL fund page

VS

ETF 2

USCL

iShares Climate Conscious & Transition MSCI USA ETF

This fund is part of

US Large Cap

+0.01%

Full USCL fund page

iShares Russell Top 200 ETF (IWL) and iShares Climate Conscious & Transition MSCI USA ETF (USCL) belong to the same industry segment: US Large Cap. IWL's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, USCL's top sector exposures are Technology, Finance and Healthcare. IWL is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.08% for USCL. IWL is up 7.34% year-to-date (YTD) with +$3M in YTD flows. USCL performs worse with 4.93% YTD performance, and +$400M in YTD flows. Run a side-by-side ETF comparison of IWL and USCL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

IWL vs USCL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IWL USCL	-0.55%+0.39%	+2.96%+2.58%	+7.34%+4.93%	+16.56%+10.37%	+73.24%+61.30%	+83.17%n/a
Flows	IWL USCL	+$18M+$239M	+$211K+$262M	+$3M+$400M	+$105M+$76M	+$431M-$538M	+$385M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IWL USCL	+13.51%+13.22%	+13.27%+12.94%	+15.56%+15.03%	+17.42%n/a
Max drawdown	IWL USCL	-4.76%-4.98%	-9.79%-10.26%	-19.22%-18.99%	-25.69%n/a
Max drawdown duration	IWL USCL	55d55d	92d94d	126d128d	707dn/a

Trading data

Create an account to view trading data

Join for free

	IWL	USCL
Last sale 7/28/2026 at 1:30 PM	$182.58	$83.15
Previous close 07/27/2026	$182.27	$82.89
Consolidated volume 07/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	IWL	USCL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/28/2026 at 1:30 PM

Live

Closed

	IWL	USCL
Last price	$182.58	$83.15
1D performance	+0.17%	+0.32%
AuM	$2.17 B	$2.78 B
E/R	0.15%	0.08%

Characteristics

	IWL	USCL
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	Russell Top 200 Index	MSCI USA Extended Climate Action Index
N° of holdings	198	401
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 22, 2009	June 8, 2023
ESG	No	Yes

More IWL data on Trackinsight

More USCL data on Trackinsight

Exposure

Countries

IWL

USA

97.69%

Other

2.31%

USCL

USA

97.21%

Other

2.79%

Sectors

IWL

Technology

49.96%

Finance

11.96%

Consumer Non-Cycl.

9.2%

Healthcare

8.44%

Industrials

7.19%

Other

13.26%

USCL

Technology

49.79%

Finance

10.92%

Healthcare

9.61%

Consumer Non-Cycl.

8.99%

Other

20.69%

Diversification

IWL

Total weight of top 15 holdings out of 15

49.56%

USCL

Total weight of top 15 holdings out of 15

49.54%

Top 15 holdings

Data as of June 30, 2026

IWL

NVIDIA Corp.

8.40%

Apple, Inc.

7.53%

Microsoft Corp.

4.99%

Amazon.com, Inc.

4.16%

Alphabet, Inc.

3.75%

Broadcom Inc.

3.16%

Alphabet, Inc.

3.02%

Micron Technology, Inc.

2.34%

Meta Platforms, Inc.

2.23%

Tesla, Inc.

2.21%

Eli Lilly & Co.

1.72%

Advanced Micro Devices, Inc.

1.70%

Berkshire Hathaway, Inc.

1.68%

JPMorgan Chase & Co.

1.57%

Intel Corp.

1.10%

USCL

NVIDIA Corp.

8.84%

Apple, Inc.

8.13%

Microsoft Corp.

5.03%

Amazon.com, Inc.

4.41%

Alphabet, Inc.

3.98%

Broadcom Inc.

3.25%

Alphabet, Inc.

3.12%

Meta Platforms, Inc.

2.37%

Tesla, Inc.

2.26%

Eli Lilly & Co.

1.84%

Advanced Micro Devices, Inc.

1.81%

JPMorgan Chase & Co.

1.26%

Johnson & Johnson

1.17%

Visa, Inc.

1.10%

Walmart, Inc.

0.95%

Frequently asked questions about IWL and USCL

IWLvsUSCLETF Comparison

iShares Russell Top 200 ETF

iShares Climate Conscious & Transition MSCI USA ETF

IWL vs USCL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IWL and USCL ETFs performed in 2026?

As of July 27, 2026, IWL is up 7.34% year-to-date (YTD), while USCL has returned 4.93%. That puts IWL better performer ahead so far this year.

Which ETF is attracting more investor money: IWL or USCL?

Year-to-date, the IWL ETF saw +$3M in flows, compared to +$400M for USCL.

Which ETF is more volatile: IWL or USCL?

Over the past year, IWL had a volatility of 13.27%, while USCL experienced 12.94%.

Which ETF is bigger: IWL or USCL?

As of July 27, 2026, IWL holds $2.17 B in assets under management (AUM), while USCL manages $2.78 B.

What sectors do the IWL and USCL ETFs invest in?

IWL leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, USCL focuses on Technology, Finance and Healthcare.

What are the top holdings of the IWL ETF and USCL ETF?

IWL top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. USCL holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: IWL or USCL?

IWL holds 201 securities with 49.56% of its assets in the top 15. USCL has 406 securities and a top 15 weight of 49.54%.

Have you tried our ETF Compare tool?