BSMIX vs. IWM
Compare and contrast key facts about iShares Russell Small/Mid-Cap Index Fund (BSMIX) and iShares Russell 2000 ETF (IWM).
BSMIX is managed by Blackrock. It was launched on Aug 13, 2015. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSMIX or IWM.
Key characteristics
| BSMIX | IWM | |
|---|---|---|
| YTD Return | 16.20% | 16.57% |
| 1Y Return | 29.88% | 31.36% |
| 3Y Return (Ann) | 2.03% | 0.43% |
| 5Y Return (Ann) | 10.33% | 9.29% |
| Sharpe Ratio | 1.72 | 1.50 |
| Sortino Ratio | 2.44 | 2.19 |
| Omega Ratio | 1.30 | 1.26 |
| Calmar Ratio | 1.52 | 1.24 |
| Martin Ratio | 9.43 | 8.38 |
| Ulcer Index | 3.22% | 3.77% |
| Daily Std Dev | 17.63% | 21.01% |
| Max Drawdown | -41.32% | -59.05% |
| Current Drawdown | -3.02% | -4.04% |
Correlation
The correlation between BSMIX and IWM is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BSMIX vs. IWM - Performance Comparison
The year-to-date returns for both investments are quite close, with BSMIX having a 16.20% return and IWM slightly higher at 16.57%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSMIX vs. IWM - Expense Ratio Comparison
BSMIX has a 0.12% expense ratio, which is lower than IWM's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSMIX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Small/Mid-Cap Index Fund (BSMIX) 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.
Dividends
BSMIX vs. IWM - Dividend Comparison
BSMIX's dividend yield for the trailing twelve months is around 1.21%, more than IWM's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.21% | 1.37% | 1.74% | 1.10% | 1.21% | 1.53% | 1.54% | 1.32% | 1.31% | 0.61% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.11% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
BSMIX vs. IWM - Drawdown Comparison
The maximum BSMIX drawdown since its inception was -41.32%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for BSMIX and IWM. For additional features, visit the drawdowns tool.
Volatility
BSMIX vs. IWM - Volatility Comparison
The current volatility for iShares Russell Small/Mid-Cap Index Fund (BSMIX) is 5.89%, while iShares Russell 2000 ETF (IWM) has a volatility of 7.51%. This indicates that BSMIX 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.