IWM vs. CRM
IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index, while CRM (Salesforce, Inc.) is a stock. Over the past 10 years, IWM returned 10.78%/yr vs 8.51%/yr for CRM. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
IWM vs. CRM - Performance Comparison
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Returns By Period
In the year-to-date period, IWM achieves a 15.62% return, which is significantly higher than CRM's -30.92% return. Over the past 10 years, IWM has outperformed CRM with an annualized return of 10.78%, while CRM has yielded a comparatively lower 8.51% annualized return.
IWM
- 1D
- 0.87%
- 1M
- -0.02%
- YTD
- 15.62%
- 6M
- 13.83%
- 1Y
- 35.52%
- 3Y*
- 16.64%
- 5Y*
- 5.48%
- 10Y*
- 10.78%
CRM
- 1D
- -1.68%
- 1M
- 0.40%
- YTD
- -30.92%
- 6M
- -29.37%
- 1Y
- -33.00%
- 3Y*
- -4.89%
- 5Y*
- -4.74%
- 10Y*
- 8.51%
IWM vs. CRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 15.62% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
CRM Salesforce, Inc. | -30.92% | -20.25% | 27.76% | 98.46% | -47.83% | 14.20% | 36.82% | 18.74% | 33.98% | 49.33% |
Correlation
The correlation between IWM and CRM is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2004 | 0.52 |
Over the past year, the correlation between IWM and CRM has dropped to 0.17 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
IWM vs. CRM — Risk / Return Rank
IWM
CRM
IWM vs. CRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and Salesforce, Inc. (CRM). 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.
| IWM | CRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +3.71 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.86 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | -0.84 | +4.08 |
| Martin ratioReturn relative to average drawdown | 11.44 | -1.62 | +13.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWM | CRM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | -0.88 | +2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | -0.13 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.24 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.45 | -0.09 |
Drawdowns
IWM vs. CRM - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, smaller than the maximum CRM drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for IWM and CRM.
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Drawdown Indicators
| IWM | CRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -70.50% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -39.36% | +28.33% |
Max Drawdown (3Y)Largest decline over 3 years | -27.50% | -54.70% | +27.20% |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | -58.62% | +26.71% |
Max Drawdown (10Y)Largest decline over 10 years | -41.13% | -58.62% | +17.49% |
Current DrawdownCurrent decline from peak | -2.71% | -49.87% | +47.16% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -16.12% | +5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 20.48% | -17.37% |
Volatility
IWM vs. CRM - Volatility Comparison
The current volatility for iShares Russell 2000 ETF (IWM) is 6.52%, while Salesforce, Inc. (CRM) has a volatility of 16.96%. This indicates that IWM experiences smaller price fluctuations and is considered to be less risky than CRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWM | CRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 16.96% | -10.44% |
Volatility (6M)Calculated over the trailing 6-month period | 14.00% | 31.74% | -17.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.53% | 37.87% | -18.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 37.02% | -14.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.07% | 35.36% | -12.29% |
Dividends
IWM vs. CRM - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 0.89%, less than CRM's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRM Salesforce, Inc. | 0.92% | 0.63% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 0.89% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
Frequently Asked Questions
IWM and CRM have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRM has higher volatility (16.96%) compared to IWM (6.52%). In terms of maximum drawdown, IWM dropped -59.05% vs CRM's -70.50%.
IWM currently has the higher Sharpe Ratio (1.83 vs -0.88), 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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