IWS vs. FIMVX
IWS (iShares Russell Mid-Cap Value ETF) and FIMVX (Fidelity Mid Cap Value Index Fund) are both Mid Cap Value Equities funds. Over the past 5 years, IWS returned 9.45%/yr vs 9.70%/yr for FIMVX. Their 1.00 correlation means they have historically moved very closely together. IWS charges 0.23%/yr vs 0.05%/yr for FIMVX.
Performance
IWS vs. FIMVX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with IWS having a 19.19% return and FIMVX slightly higher at 19.64%.
IWS
- 1D
- -0.31%
- 1M
- 0.62%
- 6M
- 14.40%
- YTD
- 19.19%
- 1Y
- 27.66%
- 3Y*
- 15.33%
- 5Y*
- 9.45%
- 10Y*
- 10.30%
- ALL TIME*
- 9.96%
FIMVX
- 1D
- -0.28%
- 1M
- 0.89%
- 6M
- 14.72%
- YTD
- 19.64%
- 1Y
- 28.18%
- 3Y*
- 15.49%
- 5Y*
- 9.70%
- 10Y*
- —
- ALL TIME*
- 11.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $90.38M | $82.14M | $73.71M |
IWS vs. FIMVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IWS iShares Russell Mid-Cap Value ETF | 19.19% | 10.82% | 12.91% | 12.52% | -12.29% | 28.10% | 4.83% | 6.55% |
FIMVX Fidelity Mid Cap Value Index Fund | 19.64% | 11.01% | 13.02% | 12.75% | -12.08% | 28.21% | 4.74% | 7.42% |
Correlation
The correlation between IWS and FIMVX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | 1.00 |
The correlation between IWS and FIMVX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IWS vs. FIMVX — Risk / Return Rank
IWS
FIMVX
IWS vs. FIMVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Value ETF (IWS) and Fidelity Mid Cap Value Index Fund (FIMVX). 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.
| IWS | FIMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 3.43 | +0.04 |
| Martin ratioReturn relative to average drawdown | 13.35 | 13.17 | +0.18 |
Loading charts...
Drawdowns
IWS vs. FIMVX - Drawdown Comparison
The maximum IWS drawdown since its inception was -62.40%, which is greater than FIMVX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for IWS and FIMVX.
Loading charts...
Drawdown Indicators
| IWS | FIMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.40% | -43.61% | -18.79% |
Max Drawdown (1Y)Largest decline over 1 year | -7.53% | -7.52% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -20.57% | -20.40% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | -21.23% | 0.00% |
Max Drawdown (10Y)Largest decline over 10 years | -43.83% | — | — |
Current DrawdownCurrent decline from peak | -1.38% | -1.15% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -6.29% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.96% | -0.01% |
Volatility
IWS vs. FIMVX - Volatility Comparison
iShares Russell Mid-Cap Value ETF (IWS) and Fidelity Mid Cap Value Index Fund (FIMVX) have volatilities of 2.96% and 2.93%, 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.
Loading charts...
Volatility by Period
| IWS | FIMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 2.93% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 9.94% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.46% | 13.48% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 17.27% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.30% | 21.68% | -2.38% |
IWS vs. FIMVX - Expense Ratio Comparison
IWS has a 0.23% expense ratio, which is higher than FIMVX'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%.
Dividends
IWS vs. FIMVX - Dividend Comparison
IWS's dividend yield for the trailing twelve months is around 1.30%, less than FIMVX's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 2.07% | 2.48% | 4.44% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
IWS iShares Russell Mid-Cap Value ETF | 1.30% | 1.53% | 1.50% | 1.76% | 1.93% | 1.39% | 1.87% | 1.97% | 2.53% | 1.96% | 2.10% | 2.14% |
Frequently Asked Questions
With a correlation of 1.00, IWS and FIMVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IWS has higher volatility (2.96%) compared to FIMVX (2.93%). In terms of maximum drawdown, IWS dropped -62.40% vs FIMVX's -43.61%.
IWS currently has the higher Sharpe Ratio (1.94 vs 1.92), 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.
Find the right allocation for IWS and FIMVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer