IVW tracks the S&P 500 Growth Index, which assigns each S&P 500 company to growth or value using factors such as sales growth, earnings change and price momentum, and in some cases splits a company between the two. The result is a portfolio dominated by technology and related companies such as Apple, Microsoft, NVIDIA, Amazon and Meta. Dividend yield is lower than that of the full S&P 500. Growth style funds have been more sensitive to interest rate changes than the broad market.
