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IWR vs. AMGN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWR vs. AMGN

Last updated Jun 9, 2026

IWR (iShares Russell Midcap ETF) is Mid Cap Growth Equities fund tracking the Russell Midcap Index, while AMGN (Amgen Inc.) is a stock. Over the past 10 years, IWR returned 11.41%/yr vs 11.65%/yr for AMGN. At a 0.45 correlation, their price movements are largely independent.

Performance

IWR vs. AMGN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell Midcap ETF (IWR) and Amgen Inc. (AMGN). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IWR achieves a 10.71% return, which is significantly higher than AMGN's 7.16% return. Both investments have delivered pretty close results over the past 10 years, with IWR having a 11.41% annualized return and AMGN not far ahead at 11.65%.

IWR

1D
0.08%
1M
1.05%
YTD
10.71%
6M
10.50%
1Y
19.23%
3Y*
16.25%
5Y*
7.68%
10Y*
11.41%

AMGN

1D
-1.10%
1M
5.02%
YTD
7.16%
6M
9.19%
1Y
22.66%
3Y*
20.11%
5Y*
11.06%
10Y*
11.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWR vs. AMGN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWR
iShares Russell Midcap ETF		10.71%10.37%15.21%17.05%-17.48%22.44%16.93%30.23%-9.10%18.25%
AMGN
Amgen Inc.		7.16%29.67%-6.77%13.46%20.43%0.87%-1.99%27.60%15.23%22.27%

Correlation

The correlation between IWR and AMGN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.36

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2001

0.45

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Russell Midcap ETF

Amgen Inc.

Often compared with IWR:
IWR vs. VOIWR vs. IWDIWR vs. SPMDIWR vs. IWNIWR vs. SCHMIWR vs. VXFIWR vs. REGL
Often compared with AMGN:
AMGN vs. ABBVAMGN vs. MRKAMGN vs. GILDAMGN vs. VOOAMGN vs. BIBAMGN vs. UNHAMGN vs. NVAX

Return for Risk

IWR vs. AMGN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWR
IWR Risk / Return Rank: 4949
Overall Rank
IWR Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
IWR Sortino Ratio Rank: 4646
Sortino Ratio Rank
IWR Omega Ratio Rank: 4343
Omega Ratio Rank
IWR Calmar Ratio Rank: 5353
Calmar Ratio Rank
IWR Martin Ratio Rank: 5757
Martin Ratio Rank
AMGN
AMGN Risk / Return Rank: 6666
Overall Rank
AMGN Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
AMGN Sortino Ratio Rank: 6464
Sortino Ratio Rank
AMGN Omega Ratio Rank: 6262
Omega Ratio Rank
AMGN Calmar Ratio Rank: 6868
Calmar Ratio Rank
AMGN Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IWR vs. AMGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap ETF (IWR) and Amgen Inc. (AMGN). 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.

IWRAMGNDifference
Sharpe ratioReturn per unit of total volatility
1.43
0.83

+0.60

Sortino ratioReturn per unit of downside risk
2.07
1.40

+0.66

Omega ratioGain probability vs. loss probability

1.25

1.17

+0.08

Calmar ratioReturn relative to maximum drawdown

2.37

1.37

+0.99

Martin ratioReturn relative to average drawdown

9.09

3.21

+5.89

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWR vs. AMGN - Sharpe Ratio Comparison

The current IWR Sharpe Ratio is 1.43, which is higher than the AMGN Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of IWR and AMGN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IWRAMGNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

0.83

+0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

0.47

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.47

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.61

-0.12

Drawdowns

IWR vs. AMGN - Drawdown Comparison

The maximum IWR drawdown since its inception was -58.78%, smaller than the maximum AMGN drawdown of -63.48%. Use the drawdown chart below to compare losses from any high point for IWR and AMGN.

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Drawdown Indicators

IWRAMGNDifference

Max Drawdown

Largest peak-to-trough decline

-58.78%

-63.48%

+4.70%

Max Drawdown (1Y)

Largest decline over 1 year

-8.17%

-16.57%

+8.40%

Max Drawdown (3Y)

Largest decline over 3 years

-21.09%

-22.74%

+1.65%

Max Drawdown (5Y)

Largest decline over 5 years

-26.18%

-24.86%

-1.32%

Max Drawdown (10Y)

Largest decline over 10 years

-40.59%

-24.86%

-15.73%

Current Drawdown

Current decline from peak

-2.04%

-10.26%

+8.22%

Average Drawdown

Average peak-to-trough decline

-7.80%

-16.78%

+8.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.12%

7.09%

-4.97%

Volatility

IWR vs. AMGN - Volatility Comparison

The current volatility for iShares Russell Midcap ETF (IWR) is 3.59%, while Amgen Inc. (AMGN) has a volatility of 6.37%. This indicates that IWR experiences smaller price fluctuations and is considered to be less risky than AMGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWRAMGNDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.59%

6.37%

-2.78%

Volatility (6M)

Calculated over the trailing 6-month period

10.06%

19.14%

-9.08%

Volatility (1Y)

Calculated over the trailing 1-year period

13.54%

27.38%

-13.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.25%

23.89%

-5.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.38%

24.82%

-5.44%

Dividends

IWR vs. AMGN - Dividend Comparison

IWR's dividend yield for the trailing twelve months is around 1.17%, less than AMGN's 2.83% yield.

PositionTTM20252024202320222021202020192018201720162015
AMGN
Amgen Inc.		2.83%2.91%3.45%2.96%2.95%3.13%2.78%2.41%2.71%2.65%2.74%1.95%
IWR
iShares Russell Midcap ETF		1.17%1.29%1.27%1.43%1.59%1.04%1.28%1.43%1.98%1.52%1.72%1.59%

Frequently Asked Questions

IWR and AMGN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AMGN has higher volatility (6.37%) compared to IWR (3.59%). In terms of maximum drawdown, IWR dropped -58.78% vs AMGN's -63.48%.

IWR currently has the higher Sharpe Ratio (1.43 vs 0.83), 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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