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iShares Russell 2000 BuyWrite ETF (IWMW)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

iShares

Inception Date

Mar 14, 2024

Leveraged

1x

Index Tracked

Cboe FTSE Russell IWM 2% OTM BuyWrite Index - Benchmark TR Gross

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

IWMW has an expense ratio of 0.39%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

iShares Russell 2000 BuyWrite ETF (IWMW) returned -7.19% year-to-date (YTD) and -1.65% over the past 12 months.


IWMW

YTD

-7.19%

1M

7.55%

6M

-9.38%

1Y

-1.65%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of IWMW, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.52%-3.06%-5.77%-3.30%1.50%-7.19%
20243.15%-4.95%1.65%-0.73%4.20%-1.87%0.96%0.10%9.27%-5.03%6.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IWMW is 15, meaning it’s performing worse than 85% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of IWMW is 1515
Overall Rank
The Sharpe Ratio Rank of IWMW is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of IWMW is 1616
Sortino Ratio Rank
The Omega Ratio Rank of IWMW is 1616
Omega Ratio Rank
The Calmar Ratio Rank of IWMW is 1515
Calmar Ratio Rank
The Martin Ratio Rank of IWMW is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares Russell 2000 BuyWrite ETF (IWMW) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

iShares Russell 2000 BuyWrite ETF Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: -0.09
  • All Time: -0.07

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of iShares Russell 2000 BuyWrite ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

iShares Russell 2000 BuyWrite ETF provided a 23.05% dividend yield over the last twelve months, with an annual payout of $8.88 per share.


17.73%$0.00$2.00$4.00$6.00$8.002024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$8.88$7.81

Dividend yield

23.05%17.73%

Monthly Dividends

The table displays the monthly dividend distributions for iShares Russell 2000 BuyWrite ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.74$0.38$0.63$0.72$2.47
2024$0.62$0.78$0.51$0.63$0.52$0.93$0.92$0.84$2.05$7.81

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares Russell 2000 BuyWrite ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Russell 2000 BuyWrite ETF was 21.82%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current iShares Russell 2000 BuyWrite ETF drawdown is 12.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.82%Dec 5, 202484Apr 8, 2025
-8.35%Apr 1, 202488Aug 5, 202448Oct 11, 2024136
-2.31%Oct 18, 202410Oct 31, 20244Nov 6, 202414
-1.08%Nov 12, 20244Nov 15, 20244Nov 21, 20248
-0.8%Mar 22, 20241Mar 22, 20243Mar 27, 20244

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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