EVUS vs. IWX
EVUS (Ishares ESG Aware MSCI USA Value ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds from iShares - EVUS tracks the MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross while IWX tracks the Russell Top 200 Value Index. Both are passively managed. Over the past 3 years, EVUS returned 15.74%/yr vs 19.92%/yr for IWX. Their 0.95 correlation means they have historically moved very closely together. EVUS charges 0.18%/yr vs 0.20%/yr for IWX.
Performance
EVUS vs. IWX - Performance Comparison
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Returns By Period
In the year-to-date period, EVUS achieves a 14.58% return, which is significantly lower than IWX's 22.04% return.
EVUS
- 1D
- 1.17%
- 1M
- 2.42%
- 6M
- 9.10%
- YTD
- 14.58%
- 1Y
- 23.99%
- 3Y*
- 15.74%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.09%
IWX
- 1D
- 0.94%
- 1M
- 3.56%
- 6M
- 15.64%
- YTD
- 22.04%
- 1Y
- 36.20%
- 3Y*
- 19.92%
- 5Y*
- 12.91%
- 10Y*
- 12.05%
- ALL TIME*
- 11.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $799.35K | $2.07M | $1.36M | |
| $52.73M | $47.86M | $34.45M |
EVUS vs. IWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 14.58% | 13.31% | 14.23% | 3.68% |
IWX iShares Russell Top 200 Value ETF | 22.04% | 18.23% | 14.89% | 6.11% |
Correlation
The correlation between EVUS and IWX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023 | 0.95 |
The correlation between EVUS and IWX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
EVUS vs. IWX — Risk / Return Rank
EVUS
IWX
EVUS vs. IWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares ESG Aware MSCI USA Value ETF (EVUS) and iShares Russell Top 200 Value ETF (IWX). 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.
| EVUS | IWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.61 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 5.52 | -2.39 |
| Martin ratioReturn relative to average drawdown | 13.23 | 24.26 | -11.03 |
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Drawdowns
EVUS vs. IWX - Drawdown Comparison
The maximum EVUS drawdown since its inception was -15.65%, smaller than the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for EVUS and IWX.
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Drawdown Indicators
| EVUS | IWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.65% | -35.76% | +20.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -6.59% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -15.65% | -13.37% | -2.28% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.76% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -3.79% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 1.50% | +0.32% |
Volatility
EVUS vs. IWX - Volatility Comparison
Ishares ESG Aware MSCI USA Value ETF (EVUS) and iShares Russell Top 200 Value ETF (IWX) have volatilities of 2.99% and 2.94%, 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
| EVUS | IWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.94% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 8.50% | -0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.68% | 10.71% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.63% | 13.89% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.63% | 16.49% | -3.86% |
EVUS vs. IWX - Expense Ratio Comparison
EVUS has a 0.18% expense ratio, which is lower than IWX's 0.20% 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
EVUS vs. IWX - Dividend Comparison
EVUS's dividend yield for the trailing twelve months is around 1.47%, more than IWX's 1.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 1.47% | 1.62% | 1.99% | 2.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWX iShares Russell Top 200 Value ETF | 1.38% | 1.59% | 1.97% | 2.13% | 2.07% | 1.79% | 2.12% | 2.60% | 2.66% | 2.12% | 2.22% | 2.77% |
Frequently Asked Questions
With a correlation of 0.93, EVUS and IWX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EVUS has higher volatility (2.99%) compared to IWX (2.94%). In terms of maximum drawdown, EVUS dropped -15.65% vs IWX's -35.76%.
On 3-year performance, IWX leads with 19.92% vs 15.74% for EVUS. On fees, EVUS is cheaper at 0.18% 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, IWX has performed better with a 19.92% return vs 15.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EVUS is cheaper with a 0.18% expense ratio, compared with 0.20% for IWX.
EVUS has the higher dividend yield at 1.47%, compared with 1.38% for IWX.
EVUS tracks MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross, while IWX tracks Russell Top 200 Value Index. Their fees differ too: 0.18% for EVUS and 0.20% for IWX.
IWX currently has the higher Sharpe Ratio (3.40 vs 2.26), 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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