IWX vs. CSTK
IWX (iShares Russell Top 200 Value ETF) and CSTK (Invesco Comstock Contrarian Equity ETF) are both Large Cap Value Equities funds. IWX is passively managed, while CSTK is actively managed. Over the past year, IWX returned 28.65% vs 26.71% for CSTK. Their correlation of 0.93 suggests significant overlap in exposure. IWX charges 0.20%/yr vs 0.35%/yr for CSTK.
Performance
IWX vs. CSTK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWX achieves a 13.79% return, which is significantly higher than CSTK's 11.29% return.
IWX
- 1D
- 0.01%
- 1M
- 4.49%
- YTD
- 13.79%
- 6M
- 14.63%
- 1Y
- 28.65%
- 3Y*
- 18.86%
- 5Y*
- 11.06%
- 10Y*
- 11.66%
CSTK
- 1D
- 0.07%
- 1M
- 3.59%
- YTD
- 11.29%
- 6M
- 13.04%
- 1Y
- 26.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWX vs. CSTK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IWX iShares Russell Top 200 Value ETF | 13.79% | 16.58% |
CSTK Invesco Comstock Contrarian Equity ETF | 11.29% | 18.33% |
Correlation
The correlation between IWX and CSTK is 0.93, 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 | 0.93 |
Correlation (All Time) Calculated using the full available price history since May 8, 2025 | 0.93 |
The correlation between IWX and CSTK has been stable across timeframes, ranging from 0.93 to 0.93 - 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
IWX vs. CSTK — Risk / Return Rank
IWX
CSTK
IWX vs. CSTK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Value ETF (IWX) and Invesco Comstock Contrarian Equity ETF (CSTK). 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.
| IWX | CSTK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.42 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | 3.02 | +1.34 |
| Martin ratioReturn relative to average drawdown | 18.76 | 11.85 | +6.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IWX | CSTK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.87 | 2.38 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 2.54 | -1.84 |
Drawdowns
IWX vs. CSTK - Drawdown Comparison
The maximum IWX drawdown since its inception was -35.76%, which is greater than CSTK's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for IWX and CSTK.
Loading charts...
Drawdown Indicators
| IWX | CSTK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.76% | -8.87% | -26.89% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -8.87% | +2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -13.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.76% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.60% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -1.28% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 2.26% | -0.73% |
Volatility
IWX vs. CSTK - Volatility Comparison
iShares Russell Top 200 Value ETF (IWX) has a higher volatility of 2.83% compared to Invesco Comstock Contrarian Equity ETF (CSTK) at 2.68%. This indicates that IWX's price experiences larger fluctuations and is considered to be riskier than CSTK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWX | CSTK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 2.68% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 8.45% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.02% | 11.28% | -1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.85% | 11.60% | +2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.51% | 11.60% | +4.91% |
IWX vs. CSTK - Expense Ratio Comparison
IWX has a 0.20% expense ratio, which is lower than CSTK's 0.35% expense ratio.
Dividends
IWX vs. CSTK - Dividend Comparison
IWX's dividend yield for the trailing twelve months is around 1.48%, less than CSTK's 1.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSTK Invesco Comstock Contrarian Equity ETF | 1.77% | 1.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWX iShares Russell Top 200 Value ETF | 1.48% | 1.59% | 1.97% | 2.13% | 2.07% | 1.79% | 2.12% | 2.60% | 2.66% | 2.12% | 2.22% | 2.77% |
Frequently Asked Questions
With a correlation of 0.93, IWX and CSTK 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.
IWX has higher volatility (2.83%) compared to CSTK (2.68%). In terms of maximum drawdown, IWX dropped -35.76% vs CSTK's -8.87%.
On 1-year performance, IWX leads with 28.65% vs 26.71% for CSTK. On fees, IWX is cheaper at 0.20% per year. On volatility, CSTK has been the lower-risk option at 2.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IWX has performed better with a 28.65% return vs 26.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWX is cheaper with a 0.20% expense ratio, compared with 0.35% for CSTK.
CSTK has the higher dividend yield at 1.77%, compared with 1.48% for IWX.
They also come from different issuers: iShares and Invesco. Their fees differ too: 0.20% for IWX and 0.35% for CSTK.
IWX currently has the higher Sharpe Ratio (2.87 vs 2.38), 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 IWX and CSTK
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