EUIG vs. IWM
EUIG (iShares Euro Investment Grade Corporate Bond USD Hedged ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - EUIG is a European Corporate Bonds fund tracking the BBG Euro Corporate Index, 100% USD Hedged, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. Both are passively managed. At a 0.35 correlation, their price movements are largely independent. EUIG charges 0.18%/yr vs 0.19%/yr for IWM.
Performance
EUIG vs. IWM - Performance Comparison
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Returns By Period
In the year-to-date period, EUIG achieves a 2.27% return, which is significantly lower than IWM's 22.31% return.
EUIG
- 1D
- 0.19%
- 1M
- 1.01%
- YTD
- 2.27%
- 6M
- 2.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWM
- 1D
- 0.31%
- 1M
- 3.50%
- YTD
- 22.31%
- 6M
- 19.75%
- 1Y
- 40.64%
- 3Y*
- 19.21%
- 5Y*
- 6.56%
- 10Y*
- 11.96%
EUIG vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 2.27% | -0.14% |
IWM iShares Russell 2000 ETF | 22.31% | 0.94% |
Correlation
The correlation between EUIG and IWM is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025 | 0.35 |
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Return for Risk
EUIG vs. IWM — Risk / Return Rank
EUIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IWM
EUIG vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) 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.
| EUIG | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.70 | — |
| Martin ratioReturn relative to average drawdown | — | 13.10 | — |
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Drawdowns
EUIG vs. IWM - Drawdown Comparison
The maximum EUIG drawdown since its inception was -2.32%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for EUIG and IWM.
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Drawdown Indicators
| EUIG | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.32% | -59.05% | +56.73% |
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 DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -10.74% | +10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.11% | — |
Volatility
EUIG vs. IWM - Volatility Comparison
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Volatility by Period
| EUIG | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.14% | 19.65% | -16.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.14% | 22.59% | -19.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.14% | 23.03% | -19.89% |
EUIG vs. IWM - Expense Ratio Comparison
EUIG has a 0.18% 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%.
Dividends
EUIG vs. IWM - Dividend Comparison
EUIG's dividend yield for the trailing twelve months is around 1.59%, more than IWM's 0.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.59% | 0.43% | 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 | 0.89% | 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
EUIG and IWM have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUIG is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUIG is cheaper with a 0.18% expense ratio, compared with 0.19% for IWM.
EUIG has the higher dividend yield at 1.59%, compared with 0.89% for IWM.
EUIG is categorized as European Corporate Bonds, while IWM is Small Cap Blend Equities. EUIG tracks BBG Euro Corporate Index, 100% USD Hedged, while IWM tracks Russell 2000 Index. Their fees differ too: 0.18% for EUIG and 0.19% for IWM.
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