IWD vs. MUTHX
IWD (iShares Russell 1000 Value ETF) and MUTHX (Franklin Mutual Shares Fund) are both funds - IWD is a Large Cap Value Equities fund tracking the Russell 1000 Value Index, while MUTHX is a Diversified Portfolio fund managed by Franklin Templeton. Over the past 10 years, IWD returned 11.56%/yr vs 7.81%/yr for MUTHX. Their correlation of 0.91 means they have usually moved in the same direction. IWD charges 0.18%/yr vs 0.75%/yr for MUTHX.
Performance
IWD vs. MUTHX - Performance Comparison
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Returns By Period
In the year-to-date period, IWD achieves a 20.56% return, which is significantly higher than MUTHX's 8.81% return. Over the past 10 years, IWD has outperformed MUTHX with an annualized return of 11.56%, while MUTHX has yielded a comparatively lower 7.81% annualized return.
IWD
- 1D
- 0.44%
- 1M
- 2.03%
- 6M
- 15.34%
- YTD
- 20.56%
- 1Y
- 32.78%
- 3Y*
- 17.82%
- 5Y*
- 11.62%
- 10Y*
- 11.56%
- ALL TIME*
- 8.29%
MUTHX
- 1D
- 0.72%
- 1M
- 1.99%
- 6M
- 5.35%
- YTD
- 8.81%
- 1Y
- 17.98%
- 3Y*
- 12.63%
- 5Y*
- 8.24%
- 10Y*
- 7.81%
- ALL TIME*
- 8.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $542.34M | $454.50M | $526.80M | |
| $0.00 | $0.00 | $0.00 |
IWD vs. MUTHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWD iShares Russell 1000 Value ETF | 20.56% | 15.68% | 14.17% | 11.34% | -7.75% | 24.95% | 2.73% | 26.12% | -8.45% | 13.45% |
MUTHX Franklin Mutual Shares Fund | 8.81% | 11.83% | 12.42% | 13.86% | -7.11% | 19.27% | -4.34% | 23.20% | -9.06% | 8.39% |
Correlation
The correlation between IWD and MUTHX is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.91 |
The correlation between IWD and MUTHX has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.
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Return for Risk
IWD vs. MUTHX — Risk / Return Rank
IWD
MUTHX
IWD vs. MUTHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and Franklin Mutual Shares Fund (MUTHX). 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.
| IWD | MUTHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.24 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | 1.65 | +2.93 |
| Martin ratioReturn relative to average drawdown | 19.60 | 5.58 | +14.02 |
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Drawdowns
IWD vs. MUTHX - Drawdown Comparison
The maximum IWD drawdown since its inception was -60.10%, which is greater than MUTHX's maximum drawdown of -53.53%. Use the drawdown chart below to compare losses from any high point for IWD and MUTHX.
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Drawdown Indicators
| IWD | MUTHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.10% | -53.53% | -6.57% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -9.21% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.71% | -15.50% | -0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.04% | -20.96% | +1.92% |
Max Drawdown (10Y)Largest decline over 10 years | -38.51% | -39.45% | +0.94% |
Current DrawdownCurrent decline from peak | -0.09% | -0.32% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -8.60% | -6.50% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 2.74% | -1.15% |
Volatility
IWD vs. MUTHX - Volatility Comparison
The current volatility for iShares Russell 1000 Value ETF (IWD) is 2.86%, while Franklin Mutual Shares Fund (MUTHX) has a volatility of 3.35%. This indicates that IWD experiences smaller price fluctuations and is considered to be less risky than MUTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWD | MUTHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 3.35% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.65% | 8.65% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.35% | 11.54% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 15.60% | -0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 16.85% | +0.40% |
IWD vs. MUTHX - Expense Ratio Comparison
IWD has a 0.18% expense ratio, which is lower than MUTHX's 0.75% expense ratio.
Dividends
IWD vs. MUTHX - Dividend Comparison
IWD's dividend yield for the trailing twelve months is around 1.39%, less than MUTHX's 6.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWD iShares Russell 1000 Value ETF | 1.39% | 1.69% | 1.87% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.09% | 2.25% | 2.47% |
MUTHX Franklin Mutual Shares Fund | 6.97% | 7.58% | 10.40% | 5.92% | 9.67% | 11.31% | 3.74% | 8.08% | 7.33% | 6.79% | 3.74% | 7.00% |
Frequently Asked Questions
IWD and MUTHX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MUTHX has higher volatility (3.35%) compared to IWD (2.86%). In terms of maximum drawdown, IWD dropped -60.10% vs MUTHX's -53.53%.
IWD currently has the higher Sharpe Ratio (2.75 vs 1.32), 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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