IWV vs. AMOMX

Last updated Jun 26, 2026

IWV (iShares Russell 3000 ETF) and AMOMX (AQR Large Cap Momentum Style Fund) are both funds - IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while AMOMX is a Large Cap Growth Equities fund managed by AQR Funds. Their correlation of 0.94 suggests significant overlap in exposure. IWV charges 0.20%/yr vs 0.41%/yr for AMOMX.

Performance

IWV vs. AMOMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 3000 ETF (IWV) and AQR Large Cap Momentum Style Fund (AMOMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IWV

• 1D: -0.01%
• 1M: -1.54%
• YTD: 8.55%
• 6M: 7.10%
• 1Y: 22.37%
• 3Y*: 20.50%
• 5Y*: 11.71%
• 10Y*: 15.20%

AMOMX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWV vs. AMOMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWV iShares Russell 3000 ETF	8.55%	16.96%	23.49%	25.82%	-19.28%	25.54%	20.55%	30.66%	-5.43%	20.97%
AMOMX AQR Large Cap Momentum Style Fund	11.26%	15.36%	27.62%	18.17%	-18.00%	26.01%	26.86%	29.20%	-4.01%	23.87%

Correlation

The correlation between IWV and AMOMX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jul 9, 2009	0.94

The correlation between IWV and AMOMX has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.

Return for Risk

IWV vs. AMOMX — Risk / Return Rank

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

IWV

IWV Risk / Return Rank: 62
IWV Sharpe Ratio Rank: 62
IWV Sortino Ratio Rank: 60
IWV Omega Ratio Rank: 61
IWV Calmar Ratio Rank: 59
IWV Martin Ratio Rank: 70

AMOMX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IWV vs. AMOMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) and AQR Large Cap Momentum Style Fund (AMOMX). 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.

	IWV	AMOMX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.44	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.53	—	—
Martin ratio: Return relative to average drawdown	11.18	—	—

Drawdowns

Drawdown Indicators

	IWV	AMOMX	Difference
Max Drawdown Largest peak-to-trough decline	-55.61%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.22%	—	—
Current Drawdown Current decline from peak	-2.76%	—	—
Average Drawdown Average peak-to-trough decline	-10.57%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	—	—

Volatility

Volatility by Period

	IWV	AMOMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.40%	—	—

IWV vs. AMOMX - Expense Ratio Comparison

IWV has a 0.20% expense ratio, which is lower than AMOMX's 0.41% expense ratio.

Dividends

IWV vs. AMOMX - Dividend Comparison

IWV's dividend yield for the trailing twelve months is around 0.89%, less than AMOMX's 30.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMOMX AQR Large Cap Momentum Style Fund	30.65%	25.49%	14.05%	14.08%	10.95%	17.95%	16.14%	10.22%	12.17%	9.15%	8.23%	8.44%
IWV iShares Russell 3000 ETF	0.89%	0.96%	1.08%	1.30%	1.56%	1.04%	1.30%	1.69%	1.97%	1.58%	1.79%	1.99%

Frequently Asked Questions

Can I hold both IWV and AMOMX in my portfolio?

IWV and AMOMX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.