Exchange-traded fund
iShares Russell 1000 ETF
TickerIWB
Fund manager
BlackRock/iShares
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up between 1% and 2% of the portfolio. Assigned a grade of D.
D
$6.23 BILLION
Prison industrial complex
51
flagged holdings
22%
of assets flagged
Data as of 4/28/23
Flagged investments:
$6.23 BILLION, 22% of assets
Higher risk:
$453.33 MILLION, 1.58% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
27
holdings
$4.22B
invested
15%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
44
holdings
$5.3B
invested
18%
of portfolio
All flagged holdings
51 holdings
51 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $1.72B
    5.99%
  • 2.  Amazon.com Inc
    Prison industryBorder industry
    $702.96M
    2.44%
  • 3.  Alphabet Inc Class A
    Border industry
    $484.27M
    1.68%
  • 4.  Berkshire Hathaway Inc Class B
    Prison industry
    $444.57M
    1.55%
  • 5.  Alphabet Inc Class C
    Border industry
    $424.58M
    1.48%
Higher risk
Private prison operator
See all
iShares Russell 1000 ETF $IWB has $6.23 BILLION invested in 51 companies involved in the prison industrial complex, amounting to 22% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on IWB at Morningstar.com
Current fund
IWB
iShares Russell 1000 ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.35% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.1% more invested
More invested in higher risk companies, border industry 
0.1% more invested
More invested in higher risk companies 
0.1% more invested
Less invested in all screened prison industry companies 
1.26% less invested
Less invested in all screened border industry companies 
1.44% less invested
Less invested in all screened companies 
1.74% less invested
Current fund
IWB
iShares Russell 1000 ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.35% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.1% more invested
More invested in higher risk companies, border industry 
0.1% more invested
More invested in higher risk companies 
0.1% more invested
Less invested in all screened prison industry companies 
1.26% less invested
Less invested in all screened border industry companies 
1.44% less invested
Less invested in all screened companies 
1.74% less invested
Current fund
IWB
iShares Russell 1000 ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.35% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.1% more invested
More invested in higher risk companies, border industry 
0.1% more invested
More invested in higher risk companies 
0.1% more invested
Less invested in all screened prison industry companies 
1.26% less invested
Less invested in all screened border industry companies 
1.44% less invested
Less invested in all screened companies 
1.74% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
IWB - iShares Russell 1000 ETF
1.68%
14%
11%
12%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
2.63%
14%
11%
12%
0% 
Fund compared to benchmark
 
-0.95%
-0.43%
-0.5%
-0.35%
Same
Find more financial data on IWB at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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