ISRG vs. IWM
ISRG (Intuitive Surgical, Inc.) is a stock, while IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index. Over the past 10 years, ISRG returned 19.09%/yr vs 11.27%/yr for IWM. At a 0.49 correlation, their price movements are largely independent.
Performance
ISRG vs. IWM - Performance Comparison
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Returns By Period
In the year-to-date period, ISRG achieves a -27.42% return, which is significantly lower than IWM's 19.22% return. Over the past 10 years, ISRG has outperformed IWM with an annualized return of 19.09%, while IWM has yielded a comparatively lower 11.27% annualized return.
ISRG
- 1D
- -0.45%
- 1M
- -2.39%
- YTD
- -27.42%
- 6M
- -24.20%
- 1Y
- -19.74%
- 3Y*
- 9.23%
- 5Y*
- 7.37%
- 10Y*
- 19.09%
IWM
- 1D
- 0.87%
- 1M
- 5.53%
- YTD
- 19.22%
- 6M
- 16.00%
- 1Y
- 41.75%
- 3Y*
- 17.23%
- 5Y*
- 6.07%
- 10Y*
- 11.27%
ISRG vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISRG Intuitive Surgical, Inc. | -27.42% | 8.51% | 54.72% | 27.14% | -26.15% | 31.76% | 38.39% | 23.43% | 31.23% | 72.64% |
IWM iShares Russell 2000 ETF | 19.22% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
Correlation
The correlation between ISRG and IWM is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2000 | 0.49 |
The correlation between ISRG and IWM shifts across timeframes, from 0.40 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ISRG vs. IWM — Risk / Return Rank
ISRG
IWM
ISRG vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intuitive Surgical, Inc. (ISRG) 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.
| ISRG | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.33 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 3.57 | -4.19 |
| Martin ratioReturn relative to average drawdown | -1.24 | 12.63 | -13.87 |
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Drawdowns
ISRG vs. IWM - Drawdown Comparison
The maximum ISRG drawdown since its inception was -82.26%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for ISRG and IWM.
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Drawdown Indicators
| ISRG | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.26% | -59.05% | -23.21% |
Max Drawdown (1Y)Largest decline over 1 year | -32.14% | -11.03% | -21.11% |
Max Drawdown (3Y)Largest decline over 3 years | -34.10% | -27.50% | -6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | -31.91% | -17.99% |
Max Drawdown (10Y)Largest decline over 10 years | -49.90% | -41.13% | -8.77% |
Current DrawdownCurrent decline from peak | -32.66% | 0.00% | -32.66% |
Average DrawdownAverage peak-to-trough decline | -21.28% | -10.76% | -10.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 3.12% | +12.88% |
Volatility
ISRG vs. IWM - Volatility Comparison
Intuitive Surgical, Inc. (ISRG) has a higher volatility of 9.70% compared to iShares Russell 2000 ETF (IWM) at 7.16%. This indicates that ISRG'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
| ISRG | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 7.16% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 20.72% | 14.29% | +6.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.69% | 19.73% | +10.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.19% | 22.61% | +10.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.40% | 23.08% | +9.32% |
Dividends
ISRG vs. IWM - Dividend Comparison
ISRG has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 0.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISRG Intuitive Surgical, Inc. | 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 | 0.87% | 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
ISRG and IWM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISRG has higher volatility (9.70%) compared to IWM (7.16%). In terms of maximum drawdown, ISRG dropped -82.26% vs IWM's -59.05%.
IWM currently has the higher Sharpe Ratio (1.99 vs -0.65), 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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