IWY vs. IWL
Compare and contrast key facts about iShares Russell Top 200 Growth ETF (IWY) and iShares Russell Top 200 ETF (IWL).
IWY and IWL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. IWL is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Index. It was launched on Sep 22, 2009. Both IWY and IWL 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: IWY or IWL.
Correlation
The correlation between IWY and IWL is 0.90, 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.
Performance
IWY vs. IWL - Performance Comparison
Key characteristics
IWY:
1.93
IWL:
2.20
IWY:
2.52
IWL:
2.90
IWY:
1.34
IWL:
1.41
IWY:
2.54
IWL:
3.30
IWY:
9.36
IWL:
14.17
IWY:
3.76%
IWL:
2.11%
IWY:
18.23%
IWL:
13.54%
IWY:
-32.68%
IWL:
-32.71%
IWY:
-3.00%
IWL:
-1.33%
Returns By Period
In the year-to-date period, IWY achieves a 0.79% return, which is significantly lower than IWL's 1.98% return. Over the past 10 years, IWY has outperformed IWL with an annualized return of 18.08%, while IWL has yielded a comparatively lower 14.25% annualized return.
IWY
0.79%
0.61%
11.93%
31.37%
19.40%
18.08%
IWL
1.98%
2.13%
10.20%
26.91%
15.31%
14.25%
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IWY vs. IWL - Expense Ratio Comparison
IWY has a 0.20% expense ratio, which is higher than IWL's 0.15% 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%.
Risk-Adjusted Performance
IWY vs. IWL — Risk-Adjusted Performance Rank
IWY
IWL
IWY vs. IWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and iShares Russell Top 200 ETF (IWL). 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
IWY vs. IWL - Dividend Comparison
IWY's dividend yield for the trailing twelve months is around 0.42%, less than IWL's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | 0.42% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
IWL iShares Russell Top 200 ETF | 1.02% | 1.04% | 1.30% | 1.53% | 1.12% | 1.30% | 1.96% | 1.93% | 1.69% | 1.96% | 2.14% | 1.68% |
Drawdowns
IWY vs. IWL - Drawdown Comparison
The maximum IWY drawdown since its inception was -32.68%, roughly equal to the maximum IWL drawdown of -32.71%. Use the drawdown chart below to compare losses from any high point for IWY and IWL. For additional features, visit the drawdowns tool.
Volatility
IWY vs. IWL - Volatility Comparison
iShares Russell Top 200 Growth ETF (IWY) has a higher volatility of 6.45% compared to iShares Russell Top 200 ETF (IWL) at 5.26%. This indicates that IWY's price experiences larger fluctuations and is considered to be riskier than IWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.