iShares Russell 1000 Growth Fund (IWF) Covered Calls

iShares Russell 1000 Growth Fund covered calls The iShares Russell 1000 Growth ETF tracks large- and mid-cap U.S. equities with strong growth characteristics. Managed by BlackRock, the fund targets companies with above-average earnings and sales growth forecasts. It provides concentrated exposure to the technology and consumer sectors, making it a core holding for long-term capital appreciation.

You can sell covered calls on iShares Russell 1000 Growth Fund to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for IWF (prices last updated Fri 4:16 PM ET):

iShares Russell 1000 Growth Fund (IWF) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
447.17 -1.79 446.10 447.50 3.0M - 117
Covered Calls For iShares Russell 1000 Growth Fund (IWF)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 445 5.60 441.90 0.7% 31.9%
Mar 20 445 13.20 434.30 2.5% 25.3%
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iShares Russell 1000 Growth ETF (IWF) is one of the world’s largest and most liquid growth-oriented ETFs. Launched in 2000 and managed by BlackRock’s iShares unit, the fund tracks the Russell 1000 Growth Index. This index selects constituents from the broader Russell 1000 based on three variables: higher price-to-book ratios, higher I/B/E/S forecast medium-term growth, and higher historical sales per share growth. The fund is a cornerstone for core growth allocations in diversified portfolios.

Portfolio Composition and Weightings

  1. Sector Concentration: As of early 2026, the fund is heavily concentrated in high-growth sectors. Information Technology remains the dominant sleeve, representing approximately 48% of assets. This is followed by Consumer Discretionary and Communication Services, which together account for another 26%. Smaller allocations are maintained in Health Care and Industrials.
  2. Top Holdings: The portfolio is top-heavy, reflecting the market-cap weighting of the underlying index. Its "Big Three" holdings—NVIDIA, Apple, and Microsoft—collectively represent more than 30% of total assets. Other significant positions include Broadcom, Amazon, and Meta Platforms.
  3. Style Orientation: While primarily large-cap, the fund includes mid-cap exposure to capture emerging leaders. Because it filters for growth metrics, it typically trades at a significantly higher price-to-earnings (P/E) and price-to-book (P/B) multiple than the broader market or its value counterpart.

Competitive Landscape

IWF competes in a crowded field of low-cost, large-cap growth instruments. Its most direct rival is the Vanguard Growth ETF, which offers similar exposure at a lower expense ratio. It also faces competition from the Schwab U.S. Large-Cap Growth ETF and the SPDR Portfolio S&P 500 Growth ETF. For investors seeking even more concentrated tech-heavy growth, the Invesco QQQ Trust is a primary alternative. Within the iShares family, it is often paired or contrasted with the iShares Russell 1000 Value ETF to achieve a "balanced" or "blended" market exposure.

Strategic Outlook and Innovation

In 2026, the fund is navigating a market environment characterized by the continued evolution of artificial intelligence and shifting interest rate expectations. The management strategy remains strictly rules-based, following the annual reconstitution of the Russell indices to ensure the portfolio accurately reflects the growth half of the large-cap universe. A key focus for this year is the resilience of "Mega-Cap Growth" earnings in a maturing AI economy. The fund maintains a low turnover approach, which contributes to its high tax efficiency—a critical factor for taxable brokerage accounts. Financially, the fund continues to offer a modest dividend yield, consistent with its growth mandate where underlying companies typically reinvest cash flows into R&D and expansion rather than large payouts. As a Silver-rated fund by major analysts, IWF remains a preferred vehicle for institutional and retail investors looking for efficient, liquid, and comprehensive US growth exposure.