IBDS vs. IWM
IBDS (iShares iBonds Dec 2027 Term Corporate ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - IBDS is a Corporate Bonds fund tracking the Bloomberg Barclays December 2027 Maturity Corporate Index, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. Both are passively managed. Over the past 5 years, IBDS returned 1.45%/yr vs 6.11%/yr for IWM. At a 0.13 correlation, their price movements are largely independent. IBDS charges 0.10%/yr vs 0.19%/yr for IWM.
Performance
IBDS vs. IWM - Performance Comparison
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Returns By Period
In the year-to-date period, IBDS achieves a 1.23% return, which is significantly lower than IWM's 17.07% return.
IBDS
- 1D
- -0.04%
- 1M
- 0.31%
- YTD
- 1.23%
- 6M
- 1.61%
- 1Y
- 4.57%
- 3Y*
- 5.28%
- 5Y*
- 1.45%
- 10Y*
- —
IWM
- 1D
- -1.37%
- 1M
- 3.52%
- YTD
- 17.07%
- 6M
- 15.83%
- 1Y
- 39.10%
- 3Y*
- 17.88%
- 5Y*
- 6.11%
- 10Y*
- 10.93%
IBDS vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 1.23% | 5.86% | 4.61% | 6.44% | -9.52% | -1.56% | 8.95% | 15.08% | -2.76% | 1.14% |
IWM iShares Russell 2000 ETF | 17.07% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 8.16% |
Correlation
The correlation between IBDS and IWM is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2017 | 0.13 |
The correlation between IBDS and IWM shifts across timeframes, from 0.13 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBDS vs. IWM — Risk / Return Rank
IBDS
IWM
IBDS vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) 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.
| IBDS | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.14 | ||
| Sortino ratioReturn per unit of downside risk | +5.19 | ||
| Omega ratioGain probability vs. loss probability | 2.09 | 1.34 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 10.55 | 3.56 | +6.99 |
| Martin ratioReturn relative to average drawdown | 48.73 | 12.64 | +36.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBDS | IWM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.19 | 2.05 | +2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.27 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.37 | +0.20 |
Drawdowns
IBDS vs. IWM - Drawdown Comparison
The maximum IBDS drawdown since its inception was -16.75%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for IBDS and IWM.
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Drawdown Indicators
| IBDS | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.75% | -59.05% | +42.30% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | -11.03% | +10.60% |
Max Drawdown (3Y)Largest decline over 3 years | -2.27% | -27.50% | +25.23% |
Max Drawdown (5Y)Largest decline over 5 years | -14.98% | -31.91% | +16.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.13% | — |
Current DrawdownCurrent decline from peak | -0.06% | -1.49% | +1.43% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -10.77% | +7.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 3.10% | -3.01% |
Volatility
IBDS vs. IWM - Volatility Comparison
The current volatility for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is 0.15%, while iShares Russell 2000 ETF (IWM) has a volatility of 5.75%. This indicates that IBDS 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
| IBDS | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.15% | 5.75% | -5.60% |
Volatility (6M)Calculated over the trailing 6-month period | 0.64% | 13.53% | -12.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.10% | 19.20% | -18.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 22.52% | -18.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.55% | 23.04% | -17.49% |
IBDS vs. IWM - Expense Ratio Comparison
IBDS has a 0.10% 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
IBDS vs. IWM - Dividend Comparison
IBDS's dividend yield for the trailing twelve months is around 4.32%, more than IWM's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 4.32% | 4.36% | 4.37% | 3.81% | 2.87% | 2.19% | 2.66% | 3.32% | 3.66% | 0.97% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 0.88% | 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
IBDS and IWM have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWM has higher volatility (5.75%) compared to IBDS (0.15%). In terms of maximum drawdown, IBDS dropped -16.75% vs IWM's -59.05%.
On 5-year performance, IWM leads with 6.11% vs 1.45% for IBDS. On fees, IBDS is cheaper at 0.10% per year. On volatility, IBDS has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IWM has performed better with a 6.11% return vs 1.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDS is cheaper with a 0.10% expense ratio, compared with 0.19% for IWM.
IBDS has the higher dividend yield at 4.32%, compared with 0.88% for IWM.
IBDS is categorized as Corporate Bonds, while IWM is Small Cap Blend Equities. IBDS tracks Bloomberg Barclays December 2027 Maturity Corporate Index, while IWM tracks Russell 2000 Index. Their fees differ too: 0.10% for IBDS and 0.19% for IWM.
IBDS currently has the higher Sharpe Ratio (4.19 vs 2.05), 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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