The iShares Russell 1000 Growth ETF (IWF) selects mostly large-cap stocks from the Russell 1000 Index that show high-growth characteristics.

With $36.15 billion in total assets under management and average daily trading volume of $184.77 million, IWF is a massive fund with supreme liquidity.

In contrast to its sister fund, the iShares Russell 1000 Value ETF (IWD), which was featured in the previous ETF Talk, IWF is focused on stocks that have high potential for above-average growth relative to the market. But in the short term, they may not necessarily offer a good value or even be underpriced.