IWN vs. IWV
Compare and contrast key facts about iShares Russell 2000 Value ETF (IWN) and iShares Russell 3000 ETF (IWV).
IWN and IWV 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. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000. Both IWN and IWV 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 IWV.
Performance
IWN vs. IWV - Performance Comparison
Returns By Period
In the year-to-date period, IWN achieves a 13.21% return, which is significantly lower than IWV's 24.03% return. Over the past 10 years, IWN has underperformed IWV with an annualized return of 7.78%, while IWV has yielded a comparatively higher 12.51% annualized return.
IWN
13.21%
1.90%
10.40%
27.83%
9.09%
7.78%
IWV
24.03%
0.98%
11.95%
32.49%
14.65%
12.51%
Key characteristics
| IWN | IWV | |
|---|---|---|
| Sharpe Ratio | 1.40 | 2.61 |
| Sortino Ratio | 2.09 | 3.49 |
| Omega Ratio | 1.25 | 1.48 |
| Calmar Ratio | 1.55 | 3.91 |
| Martin Ratio | 7.34 | 16.98 |
| Ulcer Index | 4.06% | 1.93% |
| Daily Std Dev | 21.22% | 12.58% |
| Max Drawdown | -61.55% | -55.61% |
| Current Drawdown | -4.00% | -2.00% |
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IWN vs. IWV - Expense Ratio Comparison
IWN has a 0.24% expense ratio, which is higher than IWV's 0.20% 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%.
Correlation
The correlation between IWN and IWV 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.
Risk-Adjusted Performance
IWN vs. IWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Value ETF (IWN) and iShares Russell 3000 ETF (IWV). 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. IWV - Dividend Comparison
IWN's dividend yield for the trailing twelve months is around 1.73%, more than IWV's 1.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 1.73% | 2.04% | 2.12% | 1.48% | 1.60% | 1.92% | 1.99% | 1.78% | 1.74% | 2.15% | 1.88% | 1.77% |
IWV iShares Russell 3000 ETF | 1.09% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% | 1.62% | 1.61% |
Drawdowns
IWN vs. IWV - Drawdown Comparison
The maximum IWN drawdown since its inception was -61.55%, which is greater than IWV's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for IWN and IWV. For additional features, visit the drawdowns tool.
Volatility
IWN vs. IWV - Volatility Comparison
iShares Russell 2000 Value ETF (IWN) has a higher volatility of 8.03% compared to iShares Russell 3000 ETF (IWV) at 4.33%. This indicates that IWN's price experiences larger fluctuations and is considered to be riskier than IWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.