IWN vs. TSCV
IWN (iShares Russell 2000 Value ETF) and TSCV (Thrivent Small Cap Value ETF) are both Small Cap Value Equities funds. IWN is passively managed, while TSCV is actively managed. Their correlation of 0.89 suggests significant overlap in exposure. IWN charges 0.24%/yr vs 0.60%/yr for TSCV.
Performance
IWN vs. TSCV - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IWN having a 20.82% return and TSCV slightly lower at 20.01%.
IWN
- 1D
- -0.20%
- 1M
- 3.32%
- YTD
- 20.82%
- 6M
- 18.59%
- 1Y
- 42.32%
- 3Y*
- 19.19%
- 5Y*
- 7.16%
- 10Y*
- 10.72%
TSCV
- 1D
- -0.82%
- 1M
- 4.42%
- YTD
- 20.01%
- 6M
- 18.17%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWN vs. TSCV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IWN iShares Russell 2000 Value ETF | 20.82% | 4.34% |
TSCV Thrivent Small Cap Value ETF | 20.01% | 6.24% |
Correlation
The correlation between IWN and TSCV is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.89 |
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Return for Risk
IWN vs. TSCV — Risk / Return Rank
IWN
TSCV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IWN vs. TSCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Value ETF (IWN) and Thrivent Small Cap Value ETF (TSCV). 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.
| IWN | TSCV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.03 | — | — |
| Martin ratioReturn relative to average drawdown | 16.92 | — | — |
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Drawdowns
IWN vs. TSCV - Drawdown Comparison
The maximum IWN drawdown since its inception was -61.55%, which is greater than TSCV's maximum drawdown of -10.17%. Use the drawdown chart below to compare losses from any high point for IWN and TSCV.
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Drawdown Indicators
| IWN | TSCV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.55% | -10.17% | -51.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.08% | — | — |
Current DrawdownCurrent decline from peak | -0.20% | -0.82% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -10.14% | -1.95% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | — | — |
Volatility
IWN vs. TSCV - Volatility Comparison
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Volatility by Period
| IWN | TSCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.29% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.04% | 16.72% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.41% | 16.72% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.39% | 16.72% | +6.67% |
IWN vs. TSCV - Expense Ratio Comparison
IWN has a 0.24% expense ratio, which is lower than TSCV's 0.60% expense ratio.
Dividends
IWN vs. TSCV - Dividend Comparison
IWN's dividend yield for the trailing twelve months is around 1.46%, more than TSCV's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 1.46% | 1.70% | 1.80% | 2.04% | 2.12% | 1.48% | 1.60% | 1.92% | 1.99% | 1.78% | 1.74% | 2.15% |
TSCV Thrivent Small Cap Value ETF | 0.24% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IWN and TSCV have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWN is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWN is cheaper with a 0.24% expense ratio, compared with 0.60% for TSCV.
IWN has the higher dividend yield at 1.46%, compared with 0.24% for TSCV.
They also come from different issuers: iShares and Thrivent. Their fees differ too: 0.24% for IWN and 0.60% for TSCV.
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