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AMGN vs. IWR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AMGN vs. IWR

Last updated Jun 9, 2026

AMGN (Amgen Inc.) is a stock, while IWR (iShares Russell Midcap ETF) is Mid Cap Growth Equities fund tracking the Russell Midcap Index. Over the past 10 years, AMGN returned 11.65%/yr vs 11.41%/yr for IWR. At a 0.45 correlation, their price movements are largely independent.

Performance

AMGN vs. IWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amgen Inc. (AMGN) and iShares Russell Midcap ETF (IWR). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, AMGN achieves a 7.16% return, which is significantly lower than IWR's 10.71% return. Both investments have delivered pretty close results over the past 10 years, with AMGN having a 11.65% annualized return and IWR not far behind at 11.41%.

AMGN

1D
-1.10%
1M
5.02%
YTD
7.16%
6M
9.19%
1Y
22.66%
3Y*
20.11%
5Y*
11.06%
10Y*
11.65%

IWR

1D
0.08%
1M
1.05%
YTD
10.71%
6M
10.50%
1Y
19.23%
3Y*
16.25%
5Y*
7.68%
10Y*
11.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMGN vs. IWR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AMGN
Amgen Inc.		7.16%29.67%-6.77%13.46%20.43%0.87%-1.99%27.60%15.23%22.27%
IWR
iShares Russell Midcap ETF		10.71%10.37%15.21%17.05%-17.48%22.44%16.93%30.23%-9.10%18.25%

Correlation

The correlation between AMGN and IWR is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.36

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2001

0.45

Compare stocks, funds, or ETFs

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

Amgen Inc.

iShares Russell Midcap ETF

Often compared with AMGN:
AMGN vs. ABBVAMGN vs. MRKAMGN vs. GILDAMGN vs. VOOAMGN vs. BIBAMGN vs. UNHAMGN vs. NVAX
Often compared with IWR:
IWR vs. VOIWR vs. IWDIWR vs. SPMDIWR vs. IWNIWR vs. SCHMIWR vs. VXFIWR vs. REGL

Return for Risk

AMGN vs. IWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AMGN
AMGN Risk / Return Rank: 6666
Overall Rank
AMGN Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
AMGN Sortino Ratio Rank: 6464
Sortino Ratio Rank
AMGN Omega Ratio Rank: 6262
Omega Ratio Rank
AMGN Calmar Ratio Rank: 6868
Calmar Ratio Rank
AMGN Martin Ratio Rank: 6969
Martin Ratio Rank
IWR
IWR Risk / Return Rank: 4949
Overall Rank
IWR Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
IWR Sortino Ratio Rank: 4646
Sortino Ratio Rank
IWR Omega Ratio Rank: 4343
Omega Ratio Rank
IWR Calmar Ratio Rank: 5353
Calmar Ratio Rank
IWR Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMGN vs. IWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amgen Inc. (AMGN) and iShares Russell Midcap ETF (IWR). 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.

AMGNIWRDifference
Sharpe ratioReturn per unit of total volatility
0.83
1.43

-0.60

Sortino ratioReturn per unit of downside risk
1.40
2.07

-0.66

Omega ratioGain probability vs. loss probability

1.17

1.25

-0.08

Calmar ratioReturn relative to maximum drawdown

1.37

2.37

-0.99

Martin ratioReturn relative to average drawdown

3.21

9.09

-5.89

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMGN vs. IWR - Sharpe Ratio Comparison

The current AMGN Sharpe Ratio is 0.83, which is lower than the IWR Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of AMGN and IWR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AMGNIWRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.83

1.43

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.42

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.59

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.49

+0.12

Drawdowns

AMGN vs. IWR - Drawdown Comparison

The maximum AMGN drawdown since its inception was -63.48%, which is greater than IWR's maximum drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for AMGN and IWR.

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Drawdown Indicators

AMGNIWRDifference

Max Drawdown

Largest peak-to-trough decline

-63.48%

-58.78%

-4.70%

Max Drawdown (1Y)

Largest decline over 1 year

-16.57%

-8.17%

-8.40%

Max Drawdown (3Y)

Largest decline over 3 years

-22.74%

-21.09%

-1.65%

Max Drawdown (5Y)

Largest decline over 5 years

-24.86%

-26.18%

+1.32%

Max Drawdown (10Y)

Largest decline over 10 years

-24.86%

-40.59%

+15.73%

Current Drawdown

Current decline from peak

-10.26%

-2.04%

-8.22%

Average Drawdown

Average peak-to-trough decline

-16.78%

-7.80%

-8.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.09%

2.12%

+4.97%

Volatility

AMGN vs. IWR - Volatility Comparison

Amgen Inc. (AMGN) has a higher volatility of 6.37% compared to iShares Russell Midcap ETF (IWR) at 3.59%. This indicates that AMGN's price experiences larger fluctuations and is considered to be riskier than IWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AMGNIWRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.37%

3.59%

+2.78%

Volatility (6M)

Calculated over the trailing 6-month period

19.14%

10.06%

+9.08%

Volatility (1Y)

Calculated over the trailing 1-year period

27.38%

13.54%

+13.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.89%

18.25%

+5.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.82%

19.38%

+5.44%

Dividends

AMGN vs. IWR - Dividend Comparison

AMGN's dividend yield for the trailing twelve months is around 2.83%, more than IWR's 1.17% yield.

PositionTTM20252024202320222021202020192018201720162015
AMGN
Amgen Inc.		2.83%2.91%3.45%2.96%2.95%3.13%2.78%2.41%2.71%2.65%2.74%1.95%
IWR
iShares Russell Midcap ETF		1.17%1.29%1.27%1.43%1.59%1.04%1.28%1.43%1.98%1.52%1.72%1.59%

Frequently Asked Questions

AMGN and IWR have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AMGN has higher volatility (6.37%) compared to IWR (3.59%). In terms of maximum drawdown, AMGN dropped -63.48% vs IWR's -58.78%.

IWR currently has the higher Sharpe Ratio (1.43 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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