IWD vs. IWV
Compare and contrast key facts about iShares Russell 1000 Value ETF (IWD) and iShares Russell 3000 ETF (IWV).
IWD and IWV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWD is a passively managed fund by iShares that tracks the performance of the Russell 1000 Value Index. It was launched on May 22, 2000. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000. Both IWD and IWV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWD or IWV.
Key characteristics
| IWD | IWV | |
|---|---|---|
| YTD Return | 4.53% | 4.64% |
| 1Y Return | 13.91% | 22.38% |
| 3Y Return (Ann) | 5.24% | 6.04% |
| 5Y Return (Ann) | 8.70% | 12.32% |
| 10Y Return (Ann) | 8.40% | 11.72% |
| Sharpe Ratio | 1.23 | 1.85 |
| Daily Std Dev | 11.38% | 12.22% |
| Max Drawdown | -60.10% | -55.61% |
| Current Drawdown | -3.98% | -4.79% |
Correlation
The correlation between IWD and IWV is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IWD vs. IWV - Performance Comparison
The year-to-date returns for both investments are quite close, with IWD having a 4.53% return and IWV slightly higher at 4.64%. Over the past 10 years, IWD has underperformed IWV with an annualized return of 8.40%, while IWV has yielded a comparatively higher 11.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IWD vs. IWV - Expense Ratio Comparison
IWD has a 0.19% expense ratio, which is lower than IWV's 0.20% 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%.
Risk-Adjusted Performance
IWD vs. IWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and iShares Russell 3000 ETF (IWV). 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.
Dividends
IWD vs. IWV - Dividend Comparison
IWD's dividend yield for the trailing twelve months is around 1.94%, more than IWV's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWD iShares Russell 1000 Value ETF | 1.94% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.08% | 2.25% | 2.47% | 2.00% | 1.95% |
IWV iShares Russell 3000 ETF | 1.21% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% | 1.62% | 1.61% |
Drawdowns
IWD vs. IWV - Drawdown Comparison
The maximum IWD drawdown since its inception was -60.10%, which is greater than IWV's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for IWD and IWV. For additional features, visit the drawdowns tool.
Volatility
IWD vs. IWV - Volatility Comparison
iShares Russell 1000 Value ETF (IWD) and iShares Russell 3000 ETF (IWV) have volatilities of 3.43% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.