iShares Russell Top 200 ETF (IWL) current share price is $171.82. The gold spot price is $4,825.20 per troy ounce. Using the formula: IWL in gold = $171.82 × 31.1035 ÷ $4,825.20 = 1.1076 grams of gold per share.
Over the past 17 years, IWL has a Real Wealth Growth Rate of +2.22% / yr. This means IWL has outperformed gold as a store of value over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.
