AMID vs. IWR

Last updated Jun 3, 2026

AMID (Argent Mid Cap ETF) and IWR (iShares Russell Midcap ETF) are both Mid Cap Growth Equities funds. AMID is actively managed, while IWR is passively managed. Over the past 3 years, AMID returned 12.46%/yr vs 17.35%/yr for IWR. Their correlation of 0.93 suggests significant overlap in exposure. AMID charges 0.52%/yr vs 0.19%/yr for IWR.

Performance

AMID vs. IWR - Performance Comparison

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

Returns By Period

In the year-to-date period, AMID achieves a 5.85% return, which is significantly lower than IWR's 12.72% return.

AMID

• 1D: 1.66%
• 1M: 1.14%
• YTD: 5.85%
• 6M: 4.01%
• 1Y: 10.45%
• 3Y*: 12.46%
• 5Y*: —
• 10Y*: —

IWR

• 1D: 0.70%
• 1M: 3.87%
• YTD: 12.72%
• 6M: 13.40%
• 1Y: 23.20%
• 3Y*: 17.35%
• 5Y*: 8.20%
• 10Y*: 11.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMID vs. IWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMID Argent Mid Cap ETF	5.85%	-1.39%	13.06%	31.26%	-6.22%
IWR iShares Russell Midcap ETF	12.72%	10.37%	15.21%	17.05%	-7.88%

Correlation

The correlation between AMID and IWR is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Aug 18, 2022	0.93

The correlation between AMID and IWR has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

AMID vs. IWR - Sectors Allocation Comparison

Sectors	AMID	IWR
Industrials	32.1%	18.4%
Technology	18.1%	17.2%
Financial Services	14.7%	12.5%
Consumer Cyclical	11.4%	11.2%
Healthcare	7.2%	8.7%
Energy	4.3%	7.2%
Basic Materials	3.4%	4.3%
Real Estate	3.3%	7.0%
Utilities	2.9%	6.1%
Consumer Defensive	2.6%	4.1%
Communication Services	-	3.4%

Return for Risk

AMID vs. IWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMID

AMID Risk / Return Rank: 20
AMID Sharpe Ratio Rank: 20
AMID Sortino Ratio Rank: 20
AMID Omega Ratio Rank: 19
AMID Calmar Ratio Rank: 19
AMID Martin Ratio Rank: 22

IWR

IWR Risk / Return Rank: 53
IWR Sharpe Ratio Rank: 50
IWR Sortino Ratio Rank: 51
IWR Omega Ratio Rank: 48
IWR Calmar Ratio Rank: 57
IWR Martin Ratio Rank: 61

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.

AMID vs. IWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) 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.

	AMID	IWR	Difference
Sharpe ratio Return per unit of total volatility	0.65	1.74	-1.09
Sortino ratio Return per unit of downside risk	1.06	2.50	-1.44
Omega ratio Gain probability vs. loss probability	1.12	1.30	-0.18
Calmar ratio Return relative to maximum drawdown	0.82	2.85	-2.03
Martin ratio Return relative to average drawdown	2.83	11.01	-8.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMID vs. IWR - Sharpe Ratio Comparison

The current AMID Sharpe Ratio is 0.65, which is lower than the IWR Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of AMID 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.

Sharpe Ratios by Period

	AMID	IWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	1.74	-1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.49	+0.05

Drawdowns

AMID vs. IWR - Drawdown Comparison

The maximum AMID drawdown since its inception was -23.32%, smaller than the maximum IWR drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for AMID and IWR.

Drawdown Indicators

	AMID	IWR	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-58.78%	+35.46%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-8.17%	-4.14%
Max Drawdown (3Y) Largest decline over 3 years	-23.32%	-21.09%	-2.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.59%	—
Current Drawdown Current decline from peak	-4.95%	0.00%	-4.95%
Average Drawdown Average peak-to-trough decline	-6.21%	-7.80%	+1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.11%	+1.43%

Volatility

AMID vs. IWR - Volatility Comparison

Argent Mid Cap ETF (AMID) has a higher volatility of 4.54% compared to iShares Russell Midcap ETF (IWR) at 3.25%. This indicates that AMID'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.

Volatility by Period

	AMID	IWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	3.25%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	9.86%	+2.31%
Volatility (1Y) Calculated over the trailing 1-year period	16.08%	13.38%	+2.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	18.23%	+0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	19.37%	-0.26%

AMID vs. IWR - Expense Ratio Comparison

AMID has a 0.52% expense ratio, which is higher than IWR's 0.19% expense ratio.

Dividends

AMID vs. IWR - Dividend Comparison

AMID's dividend yield for the trailing twelve months is around 0.34%, less than IWR's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMID Argent Mid Cap ETF	0.34%	0.36%	0.33%	0.43%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IWR iShares Russell Midcap ETF	1.15%	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

Can I hold both AMID and IWR in my portfolio?

With a correlation of 0.93, AMID and IWR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AMID or IWR?

AMID has higher volatility (4.54%) compared to IWR (3.25%). In terms of maximum drawdown, AMID dropped -23.32% vs IWR's -58.78%.

Which ETF is better, AMID or IWR?

On 3-year performance, IWR leads with 17.35% vs 12.46% for AMID. On fees, IWR is cheaper at 0.19% per year. On volatility, IWR has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMID or IWR?

Over the 3-year period, IWR has performed better with a 17.35% return vs 12.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMID or IWR?

IWR is cheaper with a 0.19% expense ratio, compared with 0.52% for AMID.

Which ETF pays a higher dividend yield, AMID or IWR?

IWR has the higher dividend yield at 1.15%, compared with 0.34% for AMID.

What is the main difference between AMID and IWR?

They also come from different issuers: Argent and iShares. Their fees differ too: 0.52% for AMID and 0.19% for IWR.

Which has better risk-adjusted returns?

IWR currently has the higher Sharpe Ratio (1.74 vs 0.65), 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.