IWL vs. VOO
Compare and contrast key facts about iShares Russell Top 200 ETF (IWL) and Vanguard S&P 500 ETF (VOO).
IWL and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWL is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Index. It was launched on Sep 22, 2009. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both IWL and VOO 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: IWL or VOO.
Performance
IWL vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, IWL achieves a 26.89% return, which is significantly higher than VOO's 25.52% return. Over the past 10 years, IWL has outperformed VOO with an annualized return of 13.85%, while VOO has yielded a comparatively lower 13.15% annualized return.
IWL
26.89%
1.15%
12.71%
32.81%
16.54%
13.85%
VOO
25.52%
1.19%
12.21%
32.23%
15.58%
13.15%
Key characteristics
| IWL | VOO | |
|---|---|---|
| Sharpe Ratio | 2.55 | 2.62 |
| Sortino Ratio | 3.38 | 3.50 |
| Omega Ratio | 1.48 | 1.49 |
| Calmar Ratio | 3.61 | 3.78 |
| Martin Ratio | 16.50 | 17.12 |
| Ulcer Index | 1.98% | 1.86% |
| Daily Std Dev | 12.82% | 12.19% |
| Max Drawdown | -32.71% | -33.99% |
| Current Drawdown | -1.40% | -1.36% |
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IWL vs. VOO - Expense Ratio Comparison
IWL has a 0.15% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between IWL and VOO is 0.95, 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.
Risk-Adjusted Performance
IWL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 ETF (IWL) and Vanguard S&P 500 ETF (VOO). 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
IWL vs. VOO - Dividend Comparison
IWL's dividend yield for the trailing twelve months is around 1.05%, less than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWL iShares Russell Top 200 ETF | 1.05% | 1.30% | 1.53% | 1.12% | 1.30% | 1.96% | 1.93% | 1.69% | 1.96% | 2.14% | 1.68% | 1.82% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
IWL vs. VOO - Drawdown Comparison
The maximum IWL drawdown since its inception was -32.71%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IWL and VOO. For additional features, visit the drawdowns tool.
Volatility
IWL vs. VOO - Volatility Comparison
iShares Russell Top 200 ETF (IWL) has a higher volatility of 4.40% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that IWL's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.