IWP vs. VOT
Compare and contrast key facts about iShares Russell Midcap Growth ETF (IWP) and Vanguard Mid-Cap Growth ETF (VOT).
IWP and VOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWP is a passively managed fund by iShares that tracks the performance of the Russell Midcap Growth Index. It was launched on Jul 17, 2001. VOT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Mid Cap Growth Index. It was launched on Aug 17, 2006. Both IWP and VOT 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: IWP or VOT.
Key characteristics
| IWP | VOT | |
|---|---|---|
| YTD Return | 4.44% | 3.47% |
| 1Y Return | 23.20% | 20.89% |
| 3Y Return (Ann) | 0.18% | 0.26% |
| 5Y Return (Ann) | 9.64% | 9.73% |
| 10Y Return (Ann) | 10.90% | 10.52% |
| Sharpe Ratio | 1.66 | 1.52 |
| Daily Std Dev | 14.86% | 14.67% |
| Max Drawdown | -56.92% | -60.17% |
| Current Drawdown | -10.23% | -13.09% |
Correlation
The correlation between IWP and VOT is 0.98, 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.
Performance
IWP vs. VOT - Performance Comparison
In the year-to-date period, IWP achieves a 4.44% return, which is significantly higher than VOT's 3.47% return. Both investments have delivered pretty close results over the past 10 years, with IWP having a 10.90% annualized return and VOT not far behind at 10.52%. 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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IWP vs. VOT - Expense Ratio Comparison
IWP has a 0.24% expense ratio, which is higher than VOT's 0.07% 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
IWP vs. VOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap Growth ETF (IWP) and Vanguard Mid-Cap Growth ETF (VOT). 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
IWP vs. VOT - Dividend Comparison
IWP's dividend yield for the trailing twelve months is around 0.49%, less than VOT's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWP iShares Russell Midcap Growth ETF | 0.49% | 0.54% | 0.77% | 0.30% | 0.38% | 0.59% | 1.02% | 0.78% | 1.16% | 0.98% | 1.03% | 0.80% |
VOT Vanguard Mid-Cap Growth ETF | 0.70% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% | 0.79% | 0.61% |
Drawdowns
IWP vs. VOT - Drawdown Comparison
The maximum IWP drawdown since its inception was -56.92%, smaller than the maximum VOT drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for IWP and VOT. For additional features, visit the drawdowns tool.
Volatility
IWP vs. VOT - Volatility Comparison
iShares Russell Midcap Growth ETF (IWP) and Vanguard Mid-Cap Growth ETF (VOT) have volatilities of 4.26% and 4.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.