iShares Russell 2000 Growth ETF (IWO) belongs to the Small Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IWO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IWO
IWO charges 0.24% annually. There are 12 ETFs in the Small Cap Growth Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BNY Mellon US Small Cap Core Equity ETF | 0.04% | 86.25M | Apr 2020 | IWO vs BKSE | |
| Vanguard Small-Cap Growth ETF | 0.05% | 45.50B | Jan 2004 | IWO vs VBK | |
| Vanguard Russell 2000 Growth ETF | 0.06% | 1.70B | Sep 2010 | IWO vs VTWG | |
| iShares Morningstar Small-Cap Growth ETF | 0.06% | 982.86M | Jun 2004 | IWO vs ISCG | |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 0.07% | 2.05B | Apr 2020 | IWO vs BBMC |
Best Risk-Adjusted Alternatives to IWO
IWO has a PortfoliosLab risk / return rank of 55. There are 22 ETFs in the Small Cap Growth Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Small Cap Growth AlphaDEX Fund | 90 | 1.26B | Apr 2011 | IWO vs FYC | |
| Pacer US Small Cap Cash Cows Growth Leaders ETF | 87 | 30.13M | May 2023 | IWO vs CAFG | |
| Invesco S&P SmallCap 600® Pure Growth ETF | 84 | 143.66M | Mar 2006 | IWO vs RZG | |
| JPMorgan Diversified Return U.S. Small Cap Equity ... | 82 | 593.76M | Nov 2016 | IWO vs JPSE | |
| BNY Mellon US Small Cap Core Equity ETF | 78 | 86.25M | Apr 2020 | IWO vs BKSE |
Top Performing IWO Alternatives (YTD)
IWO is at 18.60% YTD. There are 18 ETFs in the Small Cap Growth Equities category with higher YTD returns, going as high as 31.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows Growth Leaders ETF | 31.34% | 30.13M | May 2023 | IWO vs CAFG | |
| Invesco S&P SmallCap 600® Pure Growth ETF | 30.17% | 143.66M | Mar 2006 | IWO vs RZG | |
| First Trust Small Cap Growth AlphaDEX Fund | 26.54% | 1.26B | Apr 2011 | IWO vs FYC | |
| SPDR S&P 600 Small Cap Growth ETF | 23.81% | 5.12B | Sep 2000 | IWO vs SLYG | |
| Vanguard S&P Small-Cap 600 Growth ETF | 23.74% | 993.30M | Sep 2010 | IWO vs VIOG |
Lowest Volatility Alternatives to IWO
IWO has 22.13% 1-year volatility. There are 30 ETFs in the Small Cap Growth Equities category with lower 1-year volatility, going as low as 9.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Small-Cap Min Vol Factor ETF | 9.89% | 287.62M | Sep 2016 | IWO vs SMMV | |
| U.S. Small Cap Growth Portfolio: ETF Class Shares | 14.71% | — | May 2026 | IWO vs DUSG | |
| Franklin LibertyQ U.S. Small Cap Equity ETF | 15.13% | 51.56M | Apr 2017 | IWO vs FLQS | |
| First Trust SMID Growth Strength ETF | 15.18% | 30.46M | Jun 2017 | IWO vs FSGS | |
| JPMorgan Diversified Return U.S. Small Cap Equity ... | 15.91% | 593.76M | Nov 2016 | IWO vs JPSE |
Lowest Drawdown Alternatives to IWO
IWO has a 1-year max drawdown of -14.87%. There are 29 ETFs in the Small Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Small-Cap Min Vol Factor ETF | -7.02% | 287.62M | Sep 2016 | IWO vs SMMV | |
| JPMorgan Diversified Return U.S. Small Cap Equity ... | -8.00% | 593.76M | Nov 2016 | IWO vs JPSE | |
| Pacer US Small Cap Cash Cows Growth Leaders ETF | -8.13% | 30.13M | May 2023 | IWO vs CAFG | |
| Invesco S&P SmallCap 600® Pure Growth ETF | -8.63% | 143.66M | Mar 2006 | IWO vs RZG | |
| Invesco S&P SmallCap Momentum ETF | -8.89% | 3.06B | Mar 2005 | IWO vs XSMO |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.94% | 97.69B | May 2020 | IWO vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.86% | 46.82B | Jan 2024 | IWO vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.58% | 47.60B | Jul 2001 | IWO vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 11.32% | 894.38B | May 2000 | IWO vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 15 | -1.16% | 42.18B | Jul 2002 | IWO vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 11.40% | 42.05B | Jun 2014 | IWO vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -18.95% | 28.37B | Apr 2006 | IWO vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 25 | -6.02% | 60.94B | Jan 2005 | IWO vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 75 | 20.65% | 83.34B | May 2000 | IWO vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 68 | 12.05% | 33.36B | Mar 2008 | IWO vs ACWI |
Often Compared With IWO
Investors most often compare IWO with QQQ, IWN, VTCLX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare IWO with Any Fund or Stock
Compare IWO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IWO with funds that move differently
iShares Russell 2000 Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IWO.
Explore IWO Diversifiers