iShares Russell Midcap ETF (IWR) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IWR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IWR
IWR charges 0.19% annually. There are 16 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.27B | Nov 2005 | IWR vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 224.00B | Jan 2004 | IWR vs VO | |
| Schwab US Mid-Cap ETF | 0.04% | 14.50B | Jan 2011 | IWR vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.66B | Jun 2004 | IWR vs IMCB | |
| iShares Core S&P Mid-Cap ETF | 0.05% | 122.39B | May 2000 | IWR vs IJH |
Best Risk-Adjusted Alternatives to IWR
IWR has a PortfoliosLab risk / return rank of 62. There are 38 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 91 | — | Jun 2025 | IWR vs CTEF | |
| Counterpoint Quantitative Equity ETF | 88 | 377.71M | Nov 2023 | IWR vs CPAI | |
| LeaderShares AlphaFactor US Core Equity ETF | 88 | 117.99M | Oct 2018 | IWR vs LSAF | |
| Invesco S&P Spin-Off ETF | 88 | 225.57M | Dec 2006 | IWR vs CSD | |
| SRH U.S. Quality ETF | 87 | 170.62M | Oct 2022 | IWR vs SRHQ |
Top Performing IWR Alternatives (YTD)
IWR is at 14.55% YTD. There are 36 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 33.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 33.99% | — | Jun 2025 | IWR vs CTEF | |
| Invesco S&P Spin-Off ETF | 33.33% | 225.57M | Dec 2006 | IWR vs CSD | |
| Counterpoint Quantitative Equity ETF | 26.13% | 377.71M | Nov 2023 | IWR vs CPAI | |
| Optimize Strategy Index ETF | 24.46% | 239.89M | Apr 2024 | IWR vs OPTZ | |
| GMO Domestic Resilience ETF | 21.60% | 36.00M | Sep 2025 | IWR vs DRES |
Lowest Volatility Alternatives to IWR
IWR has 13.67% 1-year volatility. There are 26 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Bloomberg MVP Multi-factor ETF | 9.97% | 104.10M | May 2003 | IWR vs BMVP | |
| Invesco Dynamic Market ETF | 9.97% | 95.10M | May 2003 | IWR vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.43% | 185.97M | May 2020 | IWR vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | IWR vs QIDX | |
| Xtrackers Russell US Multifactor ETF | 11.17% | 300.67M | Nov 2015 | IWR vs DEUS |
Lowest Drawdown Alternatives to IWR
IWR has a 1-year max drawdown of -8.17%. There are 23 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | IWR vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 104.10M | May 2003 | IWR vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | IWR vs PWC | |
| WisdomTree US Multifactor Fund | -6.47% | 297.46M | Jun 2017 | IWR vs USMF | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | -6.52% | 185.97M | May 2020 | IWR vs SIXL |
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 $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.11% | 99.95B | May 2020 | IWR vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -28.22% | 46.52B | Jan 2024 | IWR vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 67.84% | 44.69B | Jul 2001 | IWR vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.13% | 869.20B | May 2000 | IWR vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 91 | 13.39% | 42.77B | Jun 2014 | IWR vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 9 | -3.49% | 41.54B | Jul 2002 | IWR vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 36 | -18.72% | 28.08B | Apr 2006 | IWR vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 30 | -6.16% | 59.74B | Jan 2005 | IWR vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 79 | 18.79% | 80.11B | May 2000 | IWR vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 71 | 11.28% | 32.49B | Mar 2008 | IWR vs ACWI |
Often Compared With IWR
Investors most often compare IWR with IWD, IWN, VXF. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare IWR with Any Fund or Stock
Compare IWR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IWR with funds that move differently
iShares Russell Midcap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IWR.
Explore IWR Diversifiers