ERET vs. IWM
ERET (Ishares Environmentally Aware Real Estate ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - ERET is a REIT fund tracking the FTSE EPRA Nareit Developed Green Target Index, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. Both are passively managed. Over the past 3 years, ERET returned 8.59%/yr vs 16.79%/yr for IWM. A 0.64 correlation means they provide meaningful diversification when combined. ERET charges 0.30%/yr vs 0.19%/yr for IWM.
Performance
ERET vs. IWM - Performance Comparison
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Returns By Period
In the year-to-date period, ERET achieves a 10.29% return, which is significantly lower than IWM's 20.14% return.
ERET
- 1D
- 0.27%
- 1M
- 0.35%
- 6M
- 8.03%
- YTD
- 10.29%
- 1Y
- 13.42%
- 3Y*
- 8.59%
- 5Y*
- —
- 10Y*
- —
IWM
- 1D
- 0.35%
- 1M
- 0.77%
- 6M
- 13.16%
- YTD
- 20.14%
- 1Y
- 33.33%
- 3Y*
- 16.79%
- 5Y*
- 7.57%
- 10Y*
- 10.80%
ERET vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ERET Ishares Environmentally Aware Real Estate ETF | 10.29% | 10.26% | 0.60% | 10.25% | 0.29% |
IWM iShares Russell 2000 ETF | 20.14% | 12.66% | 11.38% | 16.83% | -4.93% |
Correlation
The correlation between ERET and IWM is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2022 | 0.64 |
The correlation between ERET and IWM shifts across timeframes, from 0.47 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ERET vs. IWM — Risk / Return Rank
ERET
IWM
ERET vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Environmentally Aware Real Estate ETF (ERET) 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.
| ERET | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 3.04 | -1.75 |
| Martin ratioReturn relative to average drawdown | 4.73 | 10.73 | -6.00 |
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Drawdowns
ERET vs. IWM - Drawdown Comparison
The maximum ERET drawdown since its inception was -20.30%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for ERET and IWM.
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Drawdown Indicators
| ERET | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.30% | -59.05% | +38.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -11.03% | +0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -17.61% | -27.50% | +9.89% |
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 | -0.75% | -1.98% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -10.73% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 3.12% | -0.28% |
Volatility
ERET vs. IWM - Volatility Comparison
Ishares Environmentally Aware Real Estate ETF (ERET) and iShares Russell 2000 ETF (IWM) have volatilities of 3.96% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERET | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 3.88% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 10.03% | 14.18% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.44% | 19.50% | -7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 22.55% | -6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 23.00% | -7.29% |
ERET vs. IWM - Expense Ratio Comparison
ERET has a 0.30% expense ratio, which is higher than IWM's 0.19% expense ratio.
Dividends
ERET vs. IWM - Dividend Comparison
ERET's dividend yield for the trailing twelve months is around 3.30%, more than IWM's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERET Ishares Environmentally Aware Real Estate ETF | 3.30% | 3.79% | 4.26% | 3.67% | 0.64% | 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
ERET and IWM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERET has higher volatility (3.96%) compared to IWM (3.88%). In terms of maximum drawdown, ERET dropped -20.30% vs IWM's -59.05%.
On 3-year performance, IWM leads with 16.79% vs 8.59% for ERET. On fees, IWM is cheaper at 0.19% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IWM has performed better with a 16.79% return vs 8.59%. 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 0.30% for ERET.
ERET has the higher dividend yield at 3.30%, compared with 0.90% for IWM.
ERET is categorized as REIT, while IWM is Small Cap Blend Equities. ERET tracks FTSE EPRA Nareit Developed Green Target Index, while IWM tracks Russell 2000 Index. Their fees differ too: 0.30% for ERET and 0.19% for IWM.
IWM currently has the higher Sharpe Ratio (1.72 vs 1.08), 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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