IWN vs. DEVLX
Compare and contrast key facts about iShares Russell 2000 Value ETF (IWN) and Delaware Small Cap Value Fund (DEVLX).
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. DEVLX is managed by Delaware Funds. It was launched on Jun 24, 1987.
Performance
IWN vs. DEVLX - Performance Comparison
Loading graphics...
IWN vs. DEVLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 5.56% | 12.40% | 7.63% | 14.56% | -14.77% | 27.96% | 4.66% | 22.01% | -13.01% | 7.69% |
DEVLX Delaware Small Cap Value Fund | 5.53% | 7.66% | 10.87% | 9.22% | -12.46% | 33.85% | -0.79% | 27.85% | -17.70% | 11.69% |
Returns By Period
The year-to-date returns for both stocks are quite close, with IWN having a 5.56% return and DEVLX slightly lower at 5.53%. Both investments have delivered pretty close results over the past 10 years, with IWN having a 9.47% annualized return and DEVLX not far behind at 9.03%.
IWN
- 1D
- 0.62%
- 1M
- -3.85%
- YTD
- 5.56%
- 6M
- 8.36%
- 1Y
- 28.61%
- 3Y*
- 13.77%
- 5Y*
- 5.38%
- 10Y*
- 9.47%
DEVLX
- 1D
- 2.35%
- 1M
- -5.05%
- YTD
- 5.53%
- 6M
- 8.51%
- 1Y
- 19.61%
- 3Y*
- 11.88%
- 5Y*
- 5.82%
- 10Y*
- 9.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IWN vs. DEVLX - Expense Ratio Comparison
IWN has a 0.24% expense ratio, which is lower than DEVLX's 1.11% expense ratio.
Return for Risk
IWN vs. DEVLX — Risk / Return Rank
IWN
DEVLX
IWN vs. DEVLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Value ETF (IWN) and Delaware Small Cap Value Fund (DEVLX). 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.
| IWN | DEVLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 0.95 | +0.37 |
Sortino ratioReturn per unit of downside risk | 1.91 | 1.44 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.32 | +0.75 |
Martin ratioReturn relative to average drawdown | 8.21 | 5.11 | +3.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IWN | DEVLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 0.95 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.28 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.39 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.52 | -0.15 |
Correlation
The correlation between IWN and DEVLX 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.
Dividends
IWN vs. DEVLX - Dividend Comparison
IWN's dividend yield for the trailing twelve months is around 1.62%, less than DEVLX's 13.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 1.62% | 1.70% | 1.80% | 2.04% | 2.12% | 1.48% | 1.60% | 1.92% | 1.99% | 1.78% | 1.74% | 2.15% |
DEVLX Delaware Small Cap Value Fund | 13.03% | 13.76% | 12.67% | 7.54% | 4.37% | 4.43% | 1.37% | 4.29% | 8.80% | 1.34% | 0.52% | 7.01% |
Drawdowns
IWN vs. DEVLX - Drawdown Comparison
The maximum IWN drawdown since its inception was -61.55%, roughly equal to the maximum DEVLX drawdown of -60.08%. Use the drawdown chart below to compare losses from any high point for IWN and DEVLX.
Loading graphics...
Drawdown Indicators
| IWN | DEVLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.55% | -60.08% | -1.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -13.91% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | -24.80% | -1.90% |
Max Drawdown (10Y)Largest decline over 10 years | -46.08% | -46.48% | +0.40% |
Current DrawdownCurrent decline from peak | -4.81% | -6.22% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -8.32% | -1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 3.60% | -0.12% |
Volatility
IWN vs. DEVLX - Volatility Comparison
iShares Russell 2000 Value ETF (IWN) has a higher volatility of 6.16% compared to Delaware Small Cap Value Fund (DEVLX) at 5.78%. This indicates that IWN's price experiences larger fluctuations and is considered to be riskier than DEVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IWN | DEVLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.16% | 5.78% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 11.79% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.78% | 21.30% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.53% | 21.07% | +0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.37% | 23.49% | -0.12% |