IWP

IWP is a passive equity ETF built to track the Russell Midcap Growth Index, targeting U.S. companies classified as “mid-cap growth” by Russell’s rules.

It selects and weights stocks using growth signals like forecast earnings growth and historical sales-per-share growth, then uses representative sampling (holding a close proxy, not necessarily every name) to match the index’s behavior.

The result is a liquid mid-cap growth portfolio, but with a noticeable lean toward larger companies within the mid-cap bucket.