IWM vs. JNJ
IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index, while JNJ (Johnson & Johnson) is a stock. Over the past 10 years, IWM returned 11.27%/yr vs 10.46%/yr for JNJ. At a 0.33 correlation, their price movements are largely independent.
Performance
IWM vs. JNJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWM achieves a 19.22% return, which is significantly higher than JNJ's 17.68% return. Over the past 10 years, IWM has outperformed JNJ with an annualized return of 11.27%, while JNJ has yielded a comparatively lower 10.46% annualized return.
IWM
- 1D
- 0.87%
- 1M
- 3.64%
- YTD
- 19.22%
- 6M
- 16.00%
- 1Y
- 39.16%
- 3Y*
- 17.23%
- 5Y*
- 6.07%
- 10Y*
- 11.27%
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
IWM vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 19.22% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between IWM and JNJ is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.33 |
Over the past year, the correlation between IWM and JNJ has dropped to 0.03 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IWM vs. JNJ — Risk / Return Rank
IWM
JNJ
IWM vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and Johnson & Johnson (JNJ). 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.
| IWM | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.61 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 5.28 | -1.71 |
| Martin ratioReturn relative to average drawdown | 12.63 | 15.52 | -2.90 |
Loading charts...
Drawdowns
IWM vs. JNJ - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for IWM and JNJ.
Loading charts...
Drawdown Indicators
| IWM | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -50.67% | -8.38% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -10.96% | -0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -27.50% | -15.95% | -11.55% |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | -18.41% | -13.50% |
Max Drawdown (10Y)Largest decline over 10 years | -41.13% | -27.37% | -13.76% |
Current DrawdownCurrent decline from peak | 0.00% | -2.54% | +2.54% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -11.90% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 3.72% | -0.60% |
Volatility
IWM vs. JNJ - Volatility Comparison
iShares Russell 2000 ETF (IWM) has a higher volatility of 7.16% compared to Johnson & Johnson (JNJ) at 5.47%. This indicates that IWM's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWM | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 5.47% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 14.29% | 12.16% | +2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.73% | 16.94% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.61% | 16.87% | +5.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 18.48% | +4.60% |
Dividends
IWM vs. JNJ - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 0.87%, less than JNJ's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 0.87% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Frequently Asked Questions
IWM and JNJ have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWM has higher volatility (7.16%) compared to JNJ (5.47%). In terms of maximum drawdown, IWM dropped -59.05% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 1.99), 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.
Find the right allocation for IWM and JNJ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer