BILT vs. IWM
BILT (iShares Infrastructure Active ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - BILT is a Infrastructure Equities fund actively managed by iShares, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. BILT is actively managed, while IWM is passively managed. Over the past year, BILT returned 17.98% vs 36.90% for IWM. Their 0.26 correlation means their historical movements had little consistent relationship. BILT charges 0.60%/yr vs 0.19%/yr for IWM.
Performance
BILT vs. IWM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BILT achieves a 14.30% return, which is significantly lower than IWM's 18.79% return.
BILT
- 1D
- 0.11%
- 1M
- -1.05%
- 6M
- 8.99%
- YTD
- 14.30%
- 1Y
- 17.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.07%
IWM
- 1D
- -0.48%
- 1M
- -2.14%
- 6M
- 12.62%
- YTD
- 18.79%
- 1Y
- 36.90%
- 3Y*
- 15.11%
- 5Y*
- 6.99%
- 10Y*
- 10.70%
- ALL TIME*
- 8.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.38M | $1.70M | $1.65M | |
| $6.67B | $6.32B | $7.45B |
BILT vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BILT iShares Infrastructure Active ETF | 14.30% | 4.16% |
IWM iShares Russell 2000 ETF | 18.79% | 11.79% |
Correlation
The correlation between BILT and IWM is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025 | 0.26 |
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
BILT vs. IWM — Risk / Return Rank
BILT
IWM
BILT vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Infrastructure Active ETF (BILT) 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.
| BILT | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 3.11 | +0.41 |
| Martin ratioReturn relative to average drawdown | 10.60 | 11.02 | -0.42 |
Loading charts...
Drawdowns
BILT vs. IWM - Drawdown Comparison
The maximum BILT drawdown since its inception was -5.38%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for BILT and IWM.
Loading charts...
Drawdown Indicators
| BILT | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.38% | -59.05% | +53.67% |
Max Drawdown (1Y)Largest decline over 1 year | -5.38% | -11.03% | +5.65% |
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 DrawdownCurrent decline from peak | -2.25% | -3.08% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -1.36% | -10.71% | +9.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 3.11% | -1.33% |
Volatility
BILT vs. IWM - Volatility Comparison
The current volatility for iShares Infrastructure Active ETF (BILT) is 3.10%, while iShares Russell 2000 ETF (IWM) has a volatility of 3.82%. This indicates that BILT experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BILT | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 3.82% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 8.44% | 14.12% | -5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 19.41% | -9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.31% | 22.48% | -12.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.31% | 23.01% | -12.70% |
BILT vs. IWM - Expense Ratio Comparison
BILT has a 0.60% expense ratio, which is higher than IWM's 0.19% expense ratio.
Dividends
BILT vs. IWM - Dividend Comparison
BILT's dividend yield for the trailing twelve months is around 5.70%, more than IWM's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILT iShares Infrastructure Active ETF | 5.70% | 0.99% | 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 | 0.91% | 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
BILT and IWM have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWM has higher volatility (3.82%) compared to BILT (3.10%). In terms of maximum drawdown, BILT dropped -5.38% vs IWM's -59.05%.
On 1-year performance, IWM leads with 36.90% vs 17.98% for BILT. On fees, IWM is cheaper at 0.19% per year. On volatility, BILT has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IWM has performed better with a 36.90% return vs 17.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWM is cheaper with a 0.19% expense ratio, compared with 0.60% for BILT.
BILT has the higher dividend yield at 5.70%, compared with 0.91% for IWM.
BILT is categorized as Infrastructure Equities, while IWM is Small Cap Blend Equities. Their fees differ too: 0.60% for BILT and 0.19% for IWM.
BILT currently has the higher Sharpe Ratio (1.84 vs 1.77), 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 BILT 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