ISHARES RUSSELL 3000 ETF

The ETF you provided is the iShares Russell 3000 ETF, which trades in the U.S. under the primary ticker IWV and is cross-listed in Germany under the symbol IRU (including on the Hamburg exchange). ## Asset basics - Full name: iShares Russell 3000 ETF. - Primary ticker: IWV on NYSE Arca; German listing: IRU on German exchanges such as Xetra and regional exchanges like Hamburg. - Asset class: Equity ETF tracking the broad U.S. stock market via the Russell 3000 Index. ## Objective and coverage The ETF seeks to track the investment results of the Russell 3000 Index, which represents nearly the entire U.S. equity market across large-, mid-, and small-cap stocks. It holds over 2,500 U.S. companies and provides a single-ticket way to get very broad, market-cap-weighted U.S. equity exposure. ## Key structural features - Management company: BlackRock’s iShares ETF platform. - Exchange-traded: Shares are bought and sold on exchanges throughout the trading day at market prices, which can differ slightly from net asset value (NAV). - Expense ratio: Around 0.20% annually, taken out at the fund level and already reflected in performance figures. ## Typical use cases Investors commonly use this ETF as a core U.S. equity holding because it combines large-, mid-, and small-cap exposure in one fund. It can also serve as a benchmark or building block when constructing diversified global portfolios that need broad U.S. stock market exposure. ## Trading on Hamburg On the Hamburg Stock Exchange, IRU represents the same underlying iShares Russell 3000 ETF, but trades in the local market and typically in euros, with prices reflecting both the U.S. ETF value and current exchange rates. As with any cross-listed ETF, liquidity, bid–ask spreads, and local trading hours on Hamburg may differ from those on the primary U.S. listing.