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BDYN vs. IWM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BDYN vs. IWM

Last updated Jun 25, 2026

BDYN (iShares Dynamic Equity Active ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - BDYN is a Global Equities fund actively managed by iShares, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. BDYN is actively managed, while IWM is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. BDYN charges 0.40%/yr vs 0.19%/yr for IWM.

Performance

BDYN vs. IWM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dynamic Equity Active ETF (BDYN) and iShares Russell 2000 ETF (IWM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BDYN achieves a 5.84% return, which is significantly lower than IWM's 21.03% return.

BDYN

1D
-0.36%
1M
-0.92%
YTD
5.84%
6M
4.37%
1Y
—
3Y*
—
5Y*
—
10Y*
—

IWM

1D
0.46%
1M
4.31%
YTD
21.03%
6M
17.89%
1Y
39.77%
3Y*
19.40%
5Y*
6.33%
10Y*
11.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BDYN vs. IWM - Yearly Performance Comparison

2026 (YTD)2025
BDYN
iShares Dynamic Equity Active ETF		5.84%3.61%
IWM
iShares Russell 2000 ETF		21.03%3.92%

Correlation

The correlation between BDYN and IWM is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Sep 15, 2025

0.79

BDYN vs. IWM - Sectors Allocation Comparison

Sectors
BDYN
IWM

Technology

32.6%
20.1%

Industrials

11.8%
17.3%

Financial Services

11.4%
15.5%

Communication Services

10.9%
1.7%

Consumer Cyclical

10.2%
8.0%

Healthcare

9.6%
15.6%

Energy

6.1%
6.0%

Consumer Defensive

4.0%
2.0%

Utilities

2.0%
3.1%

Basic Materials

1.4%
4.5%

Real Estate

0.2%
5.5%

Technology

BDYN
32.6%
IWM
20.1%

Industrials

BDYN
11.8%
IWM
17.3%

Financial Services

BDYN
11.4%
IWM
15.5%

Communication Services

BDYN
10.9%
IWM
1.7%

Consumer Cyclical

BDYN
10.2%
IWM
8.0%

Healthcare

BDYN
9.6%
IWM
15.6%

Energy

BDYN
6.1%
IWM
6.0%

Consumer Defensive

BDYN
4.0%
IWM
2.0%

Utilities

BDYN
2.0%
IWM
3.1%

Basic Materials

BDYN
1.4%
IWM
4.5%

Real Estate

BDYN
0.2%
IWM
5.5%

Compare stocks, funds, or ETFs

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

iShares Dynamic Equity Active ETF

iShares Russell 2000 ETF

Often compared with BDYN:
BDYN vs. LENSBDYN vs. VTBDYN vs. FYLDBDYN vs. IBITBDYN vs. BLCRBDYN vs. DGROBDYN vs. DRIV
Often compared with IWM:
IWM vs. SPYIWM vs. VTWOIWM vs. IJRIWM vs. AVUVIWM vs. IWNIWM vs. VOOIWM vs. TNA

Return for Risk

BDYN vs. IWM — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IWM
IWM Risk / Return Rank: 7070
Overall Rank
IWM Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IWM Sortino Ratio Rank: 6969
Sortino Ratio Rank
IWM Omega Ratio Rank: 6161
Omega Ratio Rank
IWM Calmar Ratio Rank: 7777
Calmar Ratio Rank
IWM Martin Ratio Rank: 7575
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.

BDYN vs. IWM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dynamic Equity Active ETF (BDYN) 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.

BDYNIWMDifference
Sharpe ratioReturn per unit of total volatility

—

2.03

—

Sortino ratioReturn per unit of downside risk

—

2.80

—

Omega ratioGain probability vs. loss probability

—

1.33

—

Calmar ratioReturn relative to maximum drawdown

—

3.62

—

Martin ratioReturn relative to average drawdown

—

12.82

—

BDYN vs. IWM - Sharpe Ratio Comparison

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Drawdowns

BDYN vs. IWM - Drawdown Comparison

The maximum BDYN drawdown since its inception was -10.85%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for BDYN and IWM.

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Drawdown Indicators

BDYNIWMDifference

Max Drawdown

Largest peak-to-trough decline

-10.85%

-59.05%

+48.20%

Max Drawdown (1Y)

Largest decline over 1 year

—

-11.03%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-27.50%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-31.91%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.13%

—

Current Drawdown

Current decline from peak

-2.95%

-0.50%

-2.45%

Average Drawdown

Average peak-to-trough decline

-1.81%

-10.74%

+8.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.11%

—

Volatility

BDYN vs. IWM - Volatility Comparison

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Volatility by Period

BDYNIWMDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

6.52%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

14.30%

—

Volatility (1Y)

Calculated over the trailing 1-year period

14.85%

19.71%

-4.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.85%

22.60%

-7.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.85%

23.06%

-8.21%

BDYN vs. IWM - Expense Ratio Comparison

BDYN has a 0.40% expense ratio, which is higher than IWM's 0.19% expense ratio.

Dividends

BDYN vs. IWM - Dividend Comparison

BDYN's dividend yield for the trailing twelve months is around 2.06%, more than IWM's 0.90% yield.

PositionTTM20252024202320222021202020192018201720162015
BDYN
iShares Dynamic Equity Active ETF		2.06%2.18%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		0.90%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

BDYN and IWM have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWM is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWM is cheaper with a 0.19% expense ratio, compared with 0.40% for BDYN.

BDYN has the higher dividend yield at 2.06%, compared with 0.90% for IWM.

BDYN is categorized as Global Equities, while IWM is Small Cap Blend Equities. Their fees differ too: 0.40% for BDYN and 0.19% for IWM.

Portfolio Optimizer

Find the right allocation for BDYN 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.

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