IWC vs. FAN
Compare and contrast key facts about iShares Microcap ETF (IWC) and First Trust Global Wind Energy ETF (FAN).
IWC and FAN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWC is a passively managed fund by iShares that tracks the performance of the Russell Microcap Index. It was launched on Aug 12, 2005. FAN is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Global Wind Energy Index. It was launched on Jun 16, 2008. Both IWC and FAN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IWC vs. FAN - Performance Comparison
Loading graphics...
IWC vs. FAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWC iShares Microcap ETF | 1.36% | 22.45% | 13.63% | 8.99% | -21.93% | 18.67% | 20.88% | 22.20% | -13.13% | 12.79% |
FAN First Trust Global Wind Energy ETF | 20.86% | 40.38% | -8.96% | -3.20% | -13.12% | -11.63% | 61.16% | 31.22% | -11.40% | 16.30% |
Returns By Period
In the year-to-date period, IWC achieves a 1.36% return, which is significantly lower than FAN's 20.86% return. Both investments have delivered pretty close results over the past 10 years, with IWC having a 10.08% annualized return and FAN not far ahead at 10.21%.
IWC
- 1D
- 4.11%
- 1M
- -4.95%
- YTD
- 1.36%
- 6M
- 7.71%
- 1Y
- 45.56%
- 3Y*
- 16.51%
- 5Y*
- 2.52%
- 10Y*
- 10.08%
FAN
- 1D
- 3.78%
- 1M
- 1.10%
- YTD
- 20.86%
- 6M
- 29.13%
- 1Y
- 67.06%
- 3Y*
- 13.10%
- 5Y*
- 3.29%
- 10Y*
- 10.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IWC vs. FAN - Expense Ratio Comparison
IWC has a 0.60% expense ratio, which is lower than FAN's 0.62% expense ratio.
Return for Risk
IWC vs. FAN — Risk / Return Rank
IWC
FAN
IWC vs. FAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Microcap ETF (IWC) and First Trust Global Wind Energy ETF (FAN). 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 | FAN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.74 | 3.14 | -1.40 |
Sortino ratioReturn per unit of downside risk | 2.38 | 3.78 | -1.41 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.54 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 6.05 | -2.78 |
Martin ratioReturn relative to average drawdown | 10.63 | 23.11 | -12.49 |
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 graphics...
Sharpe Ratios by Period
| IWC | FAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 3.14 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.16 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.49 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.04 | +0.24 |
Correlation
The correlation between IWC and FAN is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IWC vs. FAN - Dividend Comparison
IWC's dividend yield for the trailing twelve months is around 1.06%, more than FAN's 1.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWC iShares Microcap ETF | 1.06% | 1.10% | 1.06% | 1.17% | 1.18% | 0.78% | 0.98% | 1.19% | 1.01% | 1.09% | 1.16% | 1.49% |
FAN First Trust Global Wind Energy ETF | 1.03% | 1.35% | 1.52% | 1.71% | 1.50% | 1.79% | 0.84% | 2.42% | 2.67% | 2.59% | 6.04% | 2.35% |
Drawdowns
IWC vs. FAN - Drawdown Comparison
The maximum IWC drawdown since its inception was -64.61%, smaller than the maximum FAN drawdown of -79.84%. Use the drawdown chart below to compare losses from any high point for IWC and FAN.
Loading graphics...
Drawdown Indicators
| IWC | FAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.61% | -79.84% | +15.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -10.66% | -2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | -39.47% | -1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -47.21% | -46.29% | -0.92% |
Current DrawdownCurrent decline from peak | -8.83% | 0.00% | -8.83% |
Average DrawdownAverage peak-to-trough decline | -15.39% | -45.45% | +30.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.11% | 2.79% | +1.32% |
Volatility
IWC vs. FAN - Volatility Comparison
iShares Microcap ETF (IWC) has a higher volatility of 9.16% compared to First Trust Global Wind Energy ETF (FAN) at 8.69%. This indicates that IWC's price experiences larger fluctuations and is considered to be riskier than FAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IWC | FAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 8.69% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 18.06% | 14.55% | +3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.33% | 21.50% | +4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.40% | 21.26% | +3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.30% | 20.98% | +3.32% |