IWN vs. BLV
Compare and contrast key facts about iShares Russell 2000 Value ETF (IWN) and Vanguard Long-Term Bond ETF (BLV).
IWN and BLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWN is a passively managed fund by iShares that tracks the performance of the Russell 2000 Value Index. It was launched on Jul 24, 2000. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. Both IWN and BLV 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: IWN or BLV.
Key characteristics
| IWN | BLV | |
|---|---|---|
| YTD Return | -1.22% | -6.46% |
| 1Y Return | 19.69% | -6.09% |
| 3Y Return (Ann) | -0.47% | -8.09% |
| 5Y Return (Ann) | 6.02% | -1.42% |
| 10Y Return (Ann) | 6.60% | 1.54% |
| Sharpe Ratio | 0.97 | -0.42 |
| Daily Std Dev | 20.45% | 13.81% |
| Max Drawdown | -61.55% | -38.29% |
| Current Drawdown | -8.95% | -31.00% |
Correlation
The correlation between IWN and BLV is -0.21. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
IWN vs. BLV - Performance Comparison
In the year-to-date period, IWN achieves a -1.22% return, which is significantly higher than BLV's -6.46% return. Over the past 10 years, IWN has outperformed BLV with an annualized return of 6.60%, while BLV has yielded a comparatively lower 1.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IWN vs. BLV - Expense Ratio Comparison
IWN has a 0.24% expense ratio, which is higher than BLV's 0.04% 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
IWN vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Value ETF (IWN) and Vanguard Long-Term Bond ETF (BLV). 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
IWN vs. BLV - Dividend Comparison
IWN's dividend yield for the trailing twelve months is around 1.98%, less than BLV's 4.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 1.98% | 2.04% | 2.12% | 1.48% | 1.60% | 1.92% | 1.99% | 1.78% | 1.74% | 2.15% | 1.88% | 1.77% |
BLV Vanguard Long-Term Bond ETF | 4.54% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% | 4.85% |
Drawdowns
IWN vs. BLV - Drawdown Comparison
The maximum IWN drawdown since its inception was -61.55%, which is greater than BLV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for IWN and BLV. For additional features, visit the drawdowns tool.
Volatility
IWN vs. BLV - Volatility Comparison
iShares Russell 2000 Value ETF (IWN) has a higher volatility of 5.72% compared to Vanguard Long-Term Bond ETF (BLV) at 3.62%. This indicates that IWN's price experiences larger fluctuations and is considered to be riskier than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.