IWY vs. ROUS

Last updated Jun 4, 2026

IWY (iShares Russell Top 200 Growth ETF) and ROUS (Hartford Multifactor US Equity ETF) are both Large Cap Growth Equities funds - IWY tracks the Russell Top 200 Growth Index while ROUS tracks the Hartford Multi-factor Large Cap Index. Both are passively managed. Over the past 10 years, IWY returned 19.57%/yr vs 13.01%/yr for ROUS. A 0.69 correlation means they provide meaningful diversification when combined. IWY charges 0.20%/yr vs 0.19%/yr for ROUS.

Performance

IWY vs. ROUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell Top 200 Growth ETF (IWY) and Hartford Multifactor US Equity ETF (ROUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IWY achieves a 7.20% return, which is significantly lower than ROUS's 16.55% return. Over the past 10 years, IWY has outperformed ROUS with an annualized return of 19.57%, while ROUS has yielded a comparatively lower 13.01% annualized return.

IWY

• 1D: -1.41%
• 1M: 5.83%
• YTD: 7.20%
• 6M: 6.65%
• 1Y: 26.69%
• 3Y*: 25.47%
• 5Y*: 16.45%
• 10Y*: 19.57%

ROUS

• 1D: 0.01%
• 1M: 6.18%
• YTD: 16.55%
• 6M: 16.75%
• 1Y: 29.42%
• 3Y*: 20.87%
• 5Y*: 12.84%
• 10Y*: 13.01%

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

IWY vs. ROUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWY iShares Russell Top 200 Growth ETF	7.20%	18.19%	34.89%	46.49%	-29.91%	31.05%	39.01%	36.20%	-0.72%	31.69%
ROUS Hartford Multifactor US Equity ETF	16.55%	15.21%	17.61%	15.05%	-9.65%	27.33%	6.61%	23.94%	-9.59%	22.88%

Correlation

The correlation between IWY and ROUS is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Feb 27, 2015	0.69

The correlation between IWY and ROUS shifts across timeframes, from 0.63 (1 year) to 0.75 (5 years), reflecting how their relationship changes across market environments.

IWY vs. ROUS - Sectors Allocation Comparison

Sectors	IWY	ROUS
Technology	54.9%	33.2%
Communication Services	13.9%	8.6%
Consumer Cyclical	11.4%	9.6%
Healthcare	6.6%	10.7%
Financial Services	5.6%	10.6%
Industrials	4.0%	10.4%
Consumer Defensive	3.0%	5.8%
Utilities	1.1%	3.8%
Real Estate	0.3%	2.1%
Basic Materials	0.3%	2.2%
Energy	0.0%	3.0%

Return for Risk

IWY vs. ROUS — Risk / Return Rank

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

IWY

IWY Risk / Return Rank: 41
IWY Sharpe Ratio Rank: 49
IWY Sortino Ratio Rank: 46
IWY Omega Ratio Rank: 46
IWY Calmar Ratio Rank: 32
IWY Martin Ratio Rank: 34

ROUS

ROUS Risk / Return Rank: 83
ROUS Sharpe Ratio Rank: 79
ROUS Sortino Ratio Rank: 81
ROUS Omega Ratio Rank: 76
ROUS Calmar Ratio Rank: 87
ROUS Martin Ratio Rank: 89

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.

IWY vs. ROUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and Hartford Multifactor US Equity ETF (ROUS). 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.

	IWY	ROUS	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.60	-0.88
Sortino ratio: Return per unit of downside risk	2.36	3.67	-1.31
Omega ratio: Gain probability vs. loss probability	1.30	1.46	-0.16
Calmar ratio: Return relative to maximum drawdown	1.61	4.95	-3.34
Martin ratio: Return relative to average drawdown	5.26	20.38	-15.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWY vs. ROUS - Sharpe Ratio Comparison

The current IWY Sharpe Ratio is 1.73, which is lower than the ROUS Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of IWY and ROUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IWY	ROUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	2.60	-0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.90	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.77	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.67	+0.25

Drawdowns

IWY vs. ROUS - Drawdown Comparison

The maximum IWY drawdown since its inception was -32.68%, smaller than the maximum ROUS drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for IWY and ROUS.

Drawdown Indicators

	IWY	ROUS	Difference
Max Drawdown Largest peak-to-trough decline	-32.68%	-35.51%	+2.83%
Max Drawdown (1Y) Largest decline over 1 year	-16.63%	-5.97%	-10.66%
Max Drawdown (3Y) Largest decline over 3 years	-23.22%	-15.81%	-7.41%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-18.91%	-13.77%
Max Drawdown (10Y) Largest decline over 10 years	-32.68%	-35.51%	+2.83%
Current Drawdown Current decline from peak	-1.82%	0.00%	-1.82%
Average Drawdown Average peak-to-trough decline	-4.75%	-4.24%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	1.45%	+3.64%

Volatility

IWY vs. ROUS - Volatility Comparison

iShares Russell Top 200 Growth ETF (IWY) has a higher volatility of 3.69% compared to Hartford Multifactor US Equity ETF (ROUS) at 2.54%. This indicates that IWY's price experiences larger fluctuations and is considered to be riskier than ROUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWY	ROUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	2.54%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	11.65%	8.50%	+3.15%
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	11.37%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.48%	14.38%	+7.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.97%	16.96%	+4.01%

IWY vs. ROUS - Expense Ratio Comparison

IWY has a 0.20% expense ratio, which is higher than ROUS's 0.19% 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

IWY vs. ROUS - Dividend Comparison

IWY's dividend yield for the trailing twelve months is around 0.33%, less than ROUS's 1.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWY iShares Russell Top 200 Growth ETF	0.33%	0.36%	0.42%	0.68%	0.88%	0.50%	0.71%	1.06%	1.32%	1.26%	1.51%	1.58%
ROUS Hartford Multifactor US Equity ETF	1.32%	1.52%	1.62%	1.91%	1.88%	1.38%	2.01%	2.12%	1.89%	1.54%	1.97%	1.62%

Frequently Asked Questions

Can I hold both IWY and ROUS in my portfolio?

IWY and ROUS have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IWY or ROUS?

IWY has higher volatility (3.69%) compared to ROUS (2.54%). In terms of maximum drawdown, IWY dropped -32.68% vs ROUS's -35.51%.

Which ETF is better, IWY or ROUS?

On 10-year performance, IWY leads with 19.57% vs 13.01% for ROUS. On fees, ROUS is cheaper at 0.19% per year. On volatility, ROUS has been the lower-risk option at 2.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IWY or ROUS?

Over the 10-year period, IWY has performed better with a 19.57% return vs 13.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IWY or ROUS?

ROUS is cheaper with a 0.19% expense ratio, compared with 0.20% for IWY.

Which ETF pays a higher dividend yield, IWY or ROUS?

ROUS has the higher dividend yield at 1.32%, compared with 0.33% for IWY.

What is the main difference between IWY and ROUS?

IWY tracks Russell Top 200 Growth Index, while ROUS tracks Hartford Multi-factor Large Cap Index. They also come from different issuers: iShares and Hartford. Their fees differ too: 0.20% for IWY and 0.19% for ROUS.

Which has better risk-adjusted returns?

ROUS currently has the higher Sharpe Ratio (2.60 vs 1.73), 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.