IWS vs. IWP
Compare and contrast key facts about iShares Russell Midcap Value ETF (IWS) and iShares Russell Midcap Growth ETF (IWP).
IWS and IWP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWS is a passively managed fund by iShares that tracks the performance of the Russell Midcap Value Index. It was launched on Jul 17, 2001. 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. Both IWS and IWP 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: IWS or IWP.
Performance
IWS vs. IWP - Performance Comparison
Returns By Period
In the year-to-date period, IWS achieves a 16.73% return, which is significantly lower than IWP's 23.08% return. Over the past 10 years, IWS has underperformed IWP with an annualized return of 8.40%, while IWP has yielded a comparatively higher 11.59% annualized return.
IWS
16.73%
0.25%
8.68%
28.99%
9.84%
8.40%
IWP
23.08%
5.13%
14.66%
36.80%
12.17%
11.59%
Key characteristics
| IWS | IWP | |
|---|---|---|
| Sharpe Ratio | 2.15 | 2.37 |
| Sortino Ratio | 3.01 | 3.21 |
| Omega Ratio | 1.37 | 1.41 |
| Calmar Ratio | 2.44 | 1.60 |
| Martin Ratio | 12.59 | 12.40 |
| Ulcer Index | 2.24% | 2.92% |
| Daily Std Dev | 13.10% | 15.30% |
| Max Drawdown | -62.40% | -56.92% |
| Current Drawdown | -2.35% | -3.00% |
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IWS vs. IWP - Expense Ratio Comparison
Both IWS and IWP have an expense ratio of 0.24%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between IWS and IWP is 0.87, 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.
Risk-Adjusted Performance
IWS vs. IWP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap Value ETF (IWS) and iShares Russell Midcap Growth ETF (IWP). 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
IWS vs. IWP - Dividend Comparison
IWS's dividend yield for the trailing twelve months is around 1.45%, more than IWP's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWS iShares Russell Midcap Value ETF | 1.45% | 1.76% | 1.93% | 1.39% | 1.87% | 1.96% | 2.53% | 1.96% | 2.10% | 2.14% | 1.85% | 1.71% |
IWP iShares Russell Midcap Growth ETF | 0.42% | 0.54% | 0.77% | 0.30% | 0.38% | 0.60% | 1.02% | 0.78% | 1.47% | 0.98% | 1.03% | 0.79% |
Drawdowns
IWS vs. IWP - Drawdown Comparison
The maximum IWS drawdown since its inception was -62.40%, which is greater than IWP's maximum drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for IWS and IWP. For additional features, visit the drawdowns tool.
Volatility
IWS vs. IWP - Volatility Comparison
The current volatility for iShares Russell Midcap Value ETF (IWS) is 3.97%, while iShares Russell Midcap Growth ETF (IWP) has a volatility of 5.62%. This indicates that IWS experiences smaller price fluctuations and is considered to be less risky than IWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.