iShares S&P 500 3% Capped ETF

The fund seeks to track the investment results of the S&P 500 3% Capped Index. That index is composed of companies in the S&P 500, with each company's weight capped at 3%. The underlying index is based on the S&P 500, a float-adjusted market capitalization-weighted parent index. The fund generally invests at least 80% of its assets in the component securities of its underlying index and is non-diversified.