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IWR vs. SPMD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IWR and SPMD is 0.82, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

IWR vs. SPMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell Midcap ETF (IWR) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%NovemberDecember2025FebruaryMarchApril
427.87%
413.74%
IWR
SPMD

Key characteristics

Sharpe Ratio

IWR:

0.26

SPMD:

-0.04

Sortino Ratio

IWR:

0.51

SPMD:

0.10

Omega Ratio

IWR:

1.07

SPMD:

1.01

Calmar Ratio

IWR:

0.24

SPMD:

-0.03

Martin Ratio

IWR:

0.90

SPMD:

-0.11

Ulcer Index

IWR:

5.71%

SPMD:

7.09%

Daily Std Dev

IWR:

19.44%

SPMD:

21.58%

Max Drawdown

IWR:

-58.79%

SPMD:

-57.62%

Current Drawdown

IWR:

-12.15%

SPMD:

-16.03%

Returns By Period

In the year-to-date period, IWR achieves a -5.40% return, which is significantly higher than SPMD's -8.90% return. Over the past 10 years, IWR has outperformed SPMD with an annualized return of 8.39%, while SPMD has yielded a comparatively lower 7.60% annualized return.


IWR

YTD

-5.40%

1M

-3.81%

6M

-4.96%

1Y

5.26%

5Y*

13.54%

10Y*

8.39%

SPMD

YTD

-8.90%

1M

-5.23%

6M

-8.20%

1Y

-0.50%

5Y*

14.52%

10Y*

7.60%

*Annualized

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IWR vs. SPMD - Expense Ratio Comparison

IWR has a 0.19% expense ratio, which is higher than SPMD's 0.05% 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%.


Expense ratio chart for IWR: current value is 0.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWR: 0.19%
Expense ratio chart for SPMD: current value is 0.05%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPMD: 0.05%

Risk-Adjusted Performance

IWR vs. SPMD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWR
The Risk-Adjusted Performance Rank of IWR is 3939
Overall Rank
The Sharpe Ratio Rank of IWR is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of IWR is 3939
Sortino Ratio Rank
The Omega Ratio Rank of IWR is 3838
Omega Ratio Rank
The Calmar Ratio Rank of IWR is 4040
Calmar Ratio Rank
The Martin Ratio Rank of IWR is 3838
Martin Ratio Rank

SPMD
The Risk-Adjusted Performance Rank of SPMD is 1717
Overall Rank
The Sharpe Ratio Rank of SPMD is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of SPMD is 1818
Sortino Ratio Rank
The Omega Ratio Rank of SPMD is 1818
Omega Ratio Rank
The Calmar Ratio Rank of SPMD is 1717
Calmar Ratio Rank
The Martin Ratio Rank of SPMD is 1717
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IWR vs. SPMD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap ETF (IWR) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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.


The chart of Sharpe ratio for IWR, currently valued at 0.26, compared to the broader market-1.000.001.002.003.004.00
IWR: 0.26
SPMD: -0.04
The chart of Sortino ratio for IWR, currently valued at 0.51, compared to the broader market-2.000.002.004.006.008.00
IWR: 0.51
SPMD: 0.10
The chart of Omega ratio for IWR, currently valued at 1.07, compared to the broader market0.501.001.502.00
IWR: 1.07
SPMD: 1.01
The chart of Calmar ratio for IWR, currently valued at 0.24, compared to the broader market0.002.004.006.008.0010.0012.00
IWR: 0.24
SPMD: -0.03
The chart of Martin ratio for IWR, currently valued at 0.90, compared to the broader market0.0020.0040.0060.00
IWR: 0.90
SPMD: -0.11

The current IWR Sharpe Ratio is 0.26, which is higher than the SPMD Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of IWR and SPMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.26
-0.04
IWR
SPMD

Dividends

IWR vs. SPMD - Dividend Comparison

IWR's dividend yield for the trailing twelve months is around 1.40%, less than SPMD's 1.60% yield.


TTM20242023202220212020201920182017201620152014
IWR
iShares Russell Midcap ETF
1.40%1.27%1.43%1.59%1.04%1.28%1.43%1.98%1.52%1.72%1.59%1.45%
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
1.60%1.42%1.47%1.64%1.24%1.30%1.57%1.85%1.97%2.13%5.33%5.71%

Drawdowns

IWR vs. SPMD - Drawdown Comparison

The maximum IWR drawdown since its inception was -58.79%, roughly equal to the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for IWR and SPMD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.15%
-16.03%
IWR
SPMD

Volatility

IWR vs. SPMD - Volatility Comparison

iShares Russell Midcap ETF (IWR) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) have volatilities of 13.91% and 14.63%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.91%
14.63%
IWR
SPMD