IWM vs. AFSM
Compare and contrast key facts about iShares Russell 2000 ETF (IWM) and First Trust Active Factor Small Cap ETF (AFSM).
IWM and AFSM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000. AFSM is an actively managed fund by First Trust. It was launched on Dec 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWM or AFSM.
Correlation
The correlation between IWM and AFSM is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IWM vs. AFSM - Performance Comparison
Key characteristics
IWM:
0.69
AFSM:
0.69
IWM:
1.10
AFSM:
1.11
IWM:
1.13
AFSM:
1.13
IWM:
0.74
AFSM:
1.46
IWM:
3.63
AFSM:
3.77
IWM:
3.97%
AFSM:
3.58%
IWM:
20.85%
AFSM:
19.58%
IWM:
-59.05%
AFSM:
-43.54%
IWM:
-8.18%
AFSM:
-8.77%
Returns By Period
The year-to-date returns for both stocks are quite close, with IWM having a 11.87% return and AFSM slightly lower at 11.65%.
IWM
11.87%
-3.62%
11.47%
12.48%
7.37%
7.83%
AFSM
11.65%
-4.20%
9.20%
11.87%
8.95%
N/A
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IWM vs. AFSM - Expense Ratio Comparison
IWM has a 0.19% expense ratio, which is lower than AFSM's 0.77% expense ratio.
Risk-Adjusted Performance
IWM vs. AFSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and First Trust Active Factor Small Cap ETF (AFSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
IWM vs. AFSM - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 1.14%, less than AFSM's 1.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 1.14% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
AFSM First Trust Active Factor Small Cap ETF | 1.49% | 0.92% | 1.28% | 0.36% | 0.53% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IWM vs. AFSM - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than AFSM's maximum drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for IWM and AFSM. For additional features, visit the drawdowns tool.
Volatility
IWM vs. AFSM - Volatility Comparison
iShares Russell 2000 ETF (IWM) has a higher volatility of 6.16% compared to First Trust Active Factor Small Cap ETF (AFSM) at 5.75%. This indicates that IWM's price experiences larger fluctuations and is considered to be riskier than AFSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.