IWM vs. IWB
Compare and contrast key facts about iShares Russell 2000 ETF (IWM) and iShares Russell 1000 ETF (IWB).
IWM and IWB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000. IWB is a passively managed fund by iShares that tracks the performance of the Russell 1000 Index. It was launched on May 15, 2000. Both IWM and IWB 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: IWM or IWB.
Correlation
The correlation between IWM and IWB is 0.86, 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
IWM vs. IWB - Performance Comparison
Key characteristics
IWM:
-0.05
IWB:
0.56
IWM:
0.11
IWB:
0.91
IWM:
1.01
IWB:
1.13
IWM:
-0.04
IWB:
0.57
IWM:
-0.12
IWB:
2.21
IWM:
9.27%
IWB:
4.95%
IWM:
23.98%
IWB:
19.38%
IWM:
-59.05%
IWB:
-55.38%
IWM:
-18.13%
IWB:
-8.43%
Returns By Period
In the year-to-date period, IWM achieves a -10.45% return, which is significantly lower than IWB's -4.06% return. Over the past 10 years, IWM has underperformed IWB with an annualized return of 6.29%, while IWB has yielded a comparatively higher 11.87% annualized return.
IWM
-10.45%
9.95%
-16.34%
-2.58%
9.73%
6.29%
IWB
-4.06%
11.36%
-4.60%
9.71%
15.38%
11.87%
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IWM vs. IWB - Expense Ratio Comparison
IWM has a 0.19% expense ratio, which is higher than IWB's 0.15% 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%.
Risk-Adjusted Performance
IWM vs. IWB — Risk-Adjusted Performance Rank
IWM
IWB
IWM vs. IWB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and iShares Russell 1000 ETF (IWB). 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
IWM vs. IWB - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 1.25%, more than IWB's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 1.25% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
IWB iShares Russell 1000 ETF | 1.18% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% | 1.71% |
Drawdowns
IWM vs. IWB - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than IWB's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for IWM and IWB. For additional features, visit the drawdowns tool.
Volatility
IWM vs. IWB - Volatility Comparison
iShares Russell 2000 ETF (IWM) and iShares Russell 1000 ETF (IWB) have volatilities of 11.12% and 11.33%, 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.