E vs. IWM
E (Eni S.p.A.) 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, E returned 12.46%/yr vs 11.27%/yr for IWM. At a 0.47 correlation, their price movements are largely independent.
Performance
E vs. IWM - Performance Comparison
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Returns By Period
In the year-to-date period, E achieves a 44.27% return, which is significantly higher than IWM's 19.22% return. Over the past 10 years, E has outperformed IWM with an annualized return of 12.46%, while IWM has yielded a comparatively lower 11.27% annualized return.
E
- 1D
- -1.04%
- 1M
- -2.55%
- YTD
- 44.27%
- 6M
- 45.57%
- 1Y
- 75.29%
- 3Y*
- 32.48%
- 5Y*
- 23.85%
- 10Y*
- 12.46%
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%
E vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 44.27% | 48.40% | -13.95% | 26.73% | 10.92% | 43.12% | -28.73% | 4.29% | -0.98% | 7.27% |
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 E and IWM is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.47 |
Over the past year, the correlation between E and IWM has dropped to 0.08 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
E vs. IWM — Risk / Return Rank
E
IWM
E vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eni S.p.A. (E) 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.
| E | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.33 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 8.14 | 3.57 | +4.57 |
| Martin ratioReturn relative to average drawdown | 26.54 | 12.63 | +13.91 |
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Drawdowns
E vs. IWM - Drawdown Comparison
The maximum E drawdown since its inception was -70.53%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for E and IWM.
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Drawdown Indicators
| E | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -59.05% | -11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -11.03% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -20.13% | -27.50% | +7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -33.71% | -31.91% | -1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -61.59% | -41.13% | -20.46% |
Current DrawdownCurrent decline from peak | -6.08% | 0.00% | -6.08% |
Average DrawdownAverage peak-to-trough decline | -23.07% | -10.76% | -12.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 3.12% | -0.27% |
Volatility
E vs. IWM - Volatility Comparison
The current volatility for Eni S.p.A. (E) is 6.01%, while iShares Russell 2000 ETF (IWM) has a volatility of 7.16%. This indicates that E 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.
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Volatility by Period
| E | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 7.16% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 19.56% | 14.29% | +5.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.72% | 19.73% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.04% | 22.61% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.30% | 23.08% | +5.22% |
Dividends
E vs. IWM - Dividend Comparison
E's dividend yield for the trailing twelve months is around 4.50%, more than IWM's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 4.50% | 5.88% | 7.69% | 5.74% | 6.38% | 5.79% | 5.91% | 6.11% | 5.15% | 3.96% | 3.98% | 5.14% |
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
E and IWM have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWM has higher volatility (7.16%) compared to E (6.01%). In terms of maximum drawdown, E dropped -70.53% vs IWM's -59.05%.
E currently has the higher Sharpe Ratio (3.34 vs 1.99), 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.
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