AMZN vs. IWM
AMZN (Amazon.com, Inc) is a stock, while IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index. Over the past 10 years, AMZN returned 20.83%/yr vs 11.27%/yr for IWM. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
AMZN vs. IWM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMZN achieves a 3.35% return, which is significantly lower than IWM's 19.22% return. Over the past 10 years, AMZN has outperformed IWM with an annualized return of 20.83%, while IWM has yielded a comparatively lower 11.27% annualized return.
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
IWM
- 1D
- 0.87%
- 1M
- 3.64%
- YTD
- 19.22%
- 6M
- 16.00%
- 1Y
- 39.16%
- 3Y*
- 17.23%
- 5Y*
- 6.07%
- 10Y*
- 11.27%
AMZN vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 3.35% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
IWM iShares Russell 2000 ETF | 19.22% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
Correlation
The correlation between AMZN and IWM is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.51 |
The correlation between AMZN and IWM shifts across timeframes, from 0.40 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMZN vs. IWM — Risk / Return Rank
AMZN
IWM
AMZN vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) and iShares Russell 2000 ETF (IWM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMZN | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.33 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.57 | -3.02 |
| Martin ratioReturn relative to average drawdown | 1.29 | 12.63 | -11.33 |
Loading charts...
Drawdowns
AMZN vs. IWM - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for AMZN and IWM.
Loading charts...
Drawdown Indicators
| AMZN | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -59.05% | -35.35% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -11.03% | -10.71% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -27.50% | -3.38% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -31.91% | -24.24% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -41.13% | -15.02% |
Current DrawdownCurrent decline from peak | -13.25% | 0.00% | -13.25% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -10.76% | -17.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 3.12% | +6.09% |
Volatility
AMZN vs. IWM - Volatility Comparison
Amazon.com, Inc (AMZN) has a higher volatility of 7.92% compared to iShares Russell 2000 ETF (IWM) at 7.16%. This indicates that AMZN's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMZN | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 7.16% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 14.29% | +6.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 19.73% | +10.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 22.61% | +12.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 23.08% | +9.40% |
Dividends
AMZN vs. IWM - Dividend Comparison
AMZN has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 0.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 0.87% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
Frequently Asked Questions
AMZN and IWM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (7.92%) compared to IWM (7.16%). In terms of maximum drawdown, AMZN dropped -94.40% vs IWM's -59.05%.
IWM currently has the higher Sharpe Ratio (1.99 vs 0.40), 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.
Find the right allocation for AMZN and IWM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer