IWN vs. WMT
IWN (iShares Russell 2000 Value ETF) is Small Cap Value Equities fund tracking the Russell 2000 Value Index, while WMT (Walmart Inc.) is a stock. Over the past 10 years, IWN returned 10.05%/yr vs 19.62%/yr for WMT. At a 0.37 correlation, their price movements are largely independent.
Performance
IWN vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, IWN achieves a 16.90% return, which is significantly higher than WMT's 7.98% return. Over the past 10 years, IWN has underperformed WMT with an annualized return of 10.05%, while WMT has yielded a comparatively higher 19.62% annualized return.
IWN
- 1D
- 0.86%
- 1M
- -0.18%
- YTD
- 16.90%
- 6M
- 16.09%
- 1Y
- 39.09%
- 3Y*
- 16.65%
- 5Y*
- 6.08%
- 10Y*
- 10.05%
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
IWN vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWN iShares Russell 2000 Value ETF | 16.90% | 12.40% | 7.63% | 14.56% | -14.77% | 27.96% | 4.66% | 22.01% | -13.01% | 7.69% |
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between IWN and WMT is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2000 | 0.37 |
Over the past year, the correlation between IWN and WMT has dropped to 0.04 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
IWN vs. WMT — Risk / Return Rank
IWN
WMT
IWN vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Value ETF (IWN) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.20 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | 1.53 | +3.12 |
| Martin ratioReturn relative to average drawdown | 15.56 | 5.02 | +10.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWN | WMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 1.02 | +1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 1.04 | -0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.91 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.64 | -0.25 |
Drawdowns
IWN vs. WMT - Drawdown Comparison
The maximum IWN drawdown since its inception was -61.55%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for IWN and WMT.
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Drawdown Indicators
| IWN | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.55% | -77.14% | +15.59% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -15.75% | +7.30% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -21.93% | -4.77% |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | -25.74% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -46.08% | -25.74% | -20.34% |
Current DrawdownCurrent decline from peak | -1.91% | -10.71% | +8.80% |
Average DrawdownAverage peak-to-trough decline | -10.15% | -14.63% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 4.79% | -2.27% |
Volatility
IWN vs. WMT - Volatility Comparison
The current volatility for iShares Russell 2000 Value ETF (IWN) is 5.31%, while Walmart Inc. (WMT) has a volatility of 10.26%. This indicates that IWN experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWN | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 10.26% | -4.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.13% | 18.59% | -6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 23.72% | -5.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 21.68% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.41% | 21.73% | +1.68% |
Dividends
IWN vs. WMT - Dividend Comparison
IWN's dividend yield for the trailing twelve months is around 1.46%, more than WMT's 0.81% 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% |
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
IWN and WMT have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (10.26%) compared to IWN (5.31%). In terms of maximum drawdown, IWN dropped -61.55% vs WMT's -77.14%.
IWN currently has the higher Sharpe Ratio (2.19 vs 1.02), 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.
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