IWC vs. BB
IWC (iShares Micro-Cap ETF) is Small Cap Blend Equities fund tracking the Russell Microcap Index, while BB (BlackBerry Limited) is a stock. Over the past 10 years, IWC returned 11.35%/yr vs 3.44%/yr for BB. At a 0.49 correlation, their price movements are largely independent.
Performance
IWC vs. BB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWC achieves a 18.97% return, which is significantly lower than BB's 168.60% return. Over the past 10 years, IWC has outperformed BB with an annualized return of 11.35%, while BB has yielded a comparatively lower 3.44% annualized return.
IWC
- 1D
- -2.09%
- 1M
- 2.88%
- YTD
- 18.97%
- 6M
- 18.63%
- 1Y
- 55.24%
- 3Y*
- 21.73%
- 5Y*
- 5.45%
- 10Y*
- 11.35%
BB
- 1D
- -1.36%
- 1M
- 82.44%
- YTD
- 168.60%
- 6M
- 143.54%
- 1Y
- 156.42%
- 3Y*
- 24.23%
- 5Y*
- -5.99%
- 10Y*
- 3.44%
IWC vs. BB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWC iShares Micro-Cap ETF | 18.97% | 22.45% | 13.63% | 8.99% | -21.93% | 18.67% | 20.88% | 22.20% | -13.13% | 12.79% |
BB BlackBerry Limited | 168.60% | 0.26% | 6.78% | 8.59% | -65.13% | 41.03% | 3.27% | -9.70% | -36.35% | 62.12% |
Correlation
The correlation between IWC and BB is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2005 | 0.49 |
The correlation between IWC and BB shifts across timeframes, from 0.42 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IWC vs. BB — Risk / Return Rank
IWC
BB
IWC vs. BB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Micro-Cap ETF (IWC) and BlackBerry Limited (BB). 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.
| IWC | BB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.47 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.47 | 4.25 | +0.21 |
| Martin ratioReturn relative to average drawdown | 14.76 | 7.98 | +6.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IWC | BB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 3.06 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | -0.10 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.06 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.09 | +0.22 |
Drawdowns
IWC vs. BB - Drawdown Comparison
The maximum IWC drawdown since its inception was -64.61%, smaller than the maximum BB drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for IWC and BB.
Loading charts...
Drawdown Indicators
| IWC | BB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.61% | -98.57% | +33.96% |
Max Drawdown (1Y)Largest decline over 1 year | -12.43% | -37.00% | +24.57% |
Max Drawdown (3Y)Largest decline over 3 years | -29.46% | -62.32% | +32.86% |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | -86.65% | +45.97% |
Max Drawdown (10Y)Largest decline over 10 years | -47.21% | -91.59% | +44.38% |
Current DrawdownCurrent decline from peak | -2.90% | -93.10% | +90.20% |
Average DrawdownAverage peak-to-trough decline | -15.28% | -72.00% | +56.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 19.68% | -15.93% |
Volatility
IWC vs. BB - Volatility Comparison
The current volatility for iShares Micro-Cap ETF (IWC) is 7.29%, while BlackBerry Limited (BB) has a volatility of 21.14%. This indicates that IWC experiences smaller price fluctuations and is considered to be less risky than BB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWC | BB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.29% | 21.14% | -13.85% |
Volatility (6M)Calculated over the trailing 6-month period | 17.26% | 39.78% | -22.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.63% | 51.43% | -27.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.42% | 57.85% | -33.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.42% | 59.69% | -35.27% |
Dividends
IWC vs. BB - Dividend Comparison
IWC's dividend yield for the trailing twelve months is around 0.91%, while BB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BB BlackBerry Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWC iShares Micro-Cap ETF | 0.91% | 1.10% | 1.06% | 1.17% | 1.18% | 0.78% | 0.98% | 1.19% | 1.01% | 1.09% | 1.16% | 1.49% |
Frequently Asked Questions
IWC and BB have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BB has higher volatility (21.14%) compared to IWC (7.29%). In terms of maximum drawdown, IWC dropped -64.61% vs BB's -98.57%.
BB currently has the higher Sharpe Ratio (3.06 vs 2.36), 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.
Find the right allocation for IWC and BB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer