IPX vs. IWM
Compare and contrast key facts about IperionX Limited American Depositary Share (IPX) and iShares Russell 2000 ETF (IWM).
IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Performance
IPX vs. IWM - Performance Comparison
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IPX vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IPX IperionX Limited American Depositary Share | -28.04% | 5.19% | 271.49% | 95.98% | -32.88% |
IWM iShares Russell 2000 ETF | 0.93% | 12.66% | 11.38% | 16.83% | 4.72% |
Returns By Period
In the year-to-date period, IPX achieves a -28.04% return, which is significantly lower than IWM's 0.93% return.
IPX
- 1D
- 8.23%
- 1M
- -46.45%
- YTD
- -28.04%
- 6M
- -47.23%
- 1Y
- 44.75%
- 3Y*
- 71.96%
- 5Y*
- —
- 10Y*
- —
IWM
- 1D
- 3.50%
- 1M
- -4.96%
- YTD
- 0.93%
- 6M
- 3.02%
- 1Y
- 25.66%
- 3Y*
- 12.94%
- 5Y*
- 3.34%
- 10Y*
- 9.76%
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Return for Risk
IPX vs. IWM — Risk / Return Rank
IPX
IWM
IPX vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IperionX Limited American Depositary Share (IPX) 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.
| IPX | IWM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 1.11 | -0.56 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.66 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.21 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.69 | 1.82 | -1.13 |
Martin ratioReturn relative to average drawdown | 1.81 | 6.76 | -4.95 |
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
| IPX | IWM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 1.11 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.15 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.34 | +0.11 |
Correlation
The correlation between IPX and IWM is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IPX vs. IWM - Dividend Comparison
IPX has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.02%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPX IperionX Limited American Depositary Share | 0.00% | 0.00% | 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 | 1.02% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
Drawdowns
IPX vs. IWM - Drawdown Comparison
The maximum IPX drawdown since its inception was -65.86%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for IPX and IWM.
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Drawdown Indicators
| IPX | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.86% | -59.05% | -6.81% |
Max Drawdown (1Y)Largest decline over 1 year | -63.43% | -13.74% | -49.69% |
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 | -56.68% | -7.91% | -48.77% |
Average DrawdownAverage peak-to-trough decline | -23.84% | -10.83% | -13.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.34% | 3.70% | +20.64% |
Volatility
IPX vs. IWM - Volatility Comparison
IperionX Limited American Depositary Share (IPX) has a higher volatility of 36.99% compared to iShares Russell 2000 ETF (IWM) at 7.47%. This indicates that IPX's price experiences larger fluctuations and is considered to be riskier 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
| IPX | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.99% | 7.47% | +29.52% |
Volatility (6M)Calculated over the trailing 6-month period | 58.39% | 14.47% | +43.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 81.51% | 23.18% | +58.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.68% | 22.55% | +69.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.68% | 22.99% | +68.69% |