IWY vs. VSCPX
IWY (iShares Russell Top 200 Growth ETF) and VSCPX (Vanguard Small-Cap Index Fund Institutional Plus Shares) are both funds - IWY is a Large Cap Growth Equities fund tracking the Russell Top 200 Growth Index, while VSCPX is a Small Cap Blend Equities fund managed by Vanguard. Over the past 10 years, IWY returned 19.57%/yr vs 11.39%/yr for VSCPX. A 0.75 correlation means they provide meaningful diversification when combined. IWY charges 0.20%/yr vs 0.03%/yr for VSCPX.
Performance
IWY vs. VSCPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWY achieves a 7.20% return, which is significantly lower than VSCPX's 14.95% return. Over the past 10 years, IWY has outperformed VSCPX with an annualized return of 19.57%, while VSCPX has yielded a comparatively lower 11.39% 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%
VSCPX
- 1D
- 0.80%
- 1M
- 4.24%
- YTD
- 14.95%
- 6M
- 14.90%
- 1Y
- 29.69%
- 3Y*
- 17.33%
- 5Y*
- 7.36%
- 10Y*
- 11.39%
IWY vs. VSCPX - 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% |
VSCPX Vanguard Small-Cap Index Fund Institutional Plus Shares | 14.95% | 8.86% | 12.98% | 19.52% | -17.59% | 17.75% | 19.09% | 27.40% | -9.31% | 16.27% |
Correlation
The correlation between IWY and VSCPX is 0.56, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2010 | 0.75 |
The correlation between IWY and VSCPX shifts across timeframes, from 0.56 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
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
IWY vs. VSCPX — Risk / Return Rank
IWY
VSCPX
IWY vs. VSCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and Vanguard Small-Cap Index Fund Institutional Plus Shares (VSCPX). 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 | VSCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.52 | -1.91 |
| Martin ratioReturn relative to average drawdown | 5.26 | 12.99 | -7.73 |
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
| IWY | VSCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 1.94 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.36 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | 0.53 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.54 | +0.38 |
Drawdowns
IWY vs. VSCPX - Drawdown Comparison
The maximum IWY drawdown since its inception was -32.68%, smaller than the maximum VSCPX drawdown of -41.81%. Use the drawdown chart below to compare losses from any high point for IWY and VSCPX.
Loading charts...
Drawdown Indicators
| IWY | VSCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.68% | -41.81% | +9.13% |
Max Drawdown (1Y)Largest decline over 1 year | -16.63% | -8.97% | -7.66% |
Max Drawdown (3Y)Largest decline over 3 years | -23.22% | -25.25% | +2.03% |
Max Drawdown (5Y)Largest decline over 5 years | -32.68% | -28.13% | -4.55% |
Max Drawdown (10Y)Largest decline over 10 years | -32.68% | -41.81% | +9.13% |
Current DrawdownCurrent decline from peak | -1.82% | 0.00% | -1.82% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -6.49% | +1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 2.42% | +2.67% |
Volatility
IWY vs. VSCPX - Volatility Comparison
The current volatility for iShares Russell Top 200 Growth ETF (IWY) is 3.69%, while Vanguard Small-Cap Index Fund Institutional Plus Shares (VSCPX) has a volatility of 4.40%. This indicates that IWY experiences smaller price fluctuations and is considered to be less risky than VSCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWY | VSCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 4.40% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 11.72% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.54% | 16.27% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 20.72% | +0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.97% | 21.57% | -0.60% |
IWY vs. VSCPX - Expense Ratio Comparison
IWY has a 0.20% expense ratio, which is higher than VSCPX's 0.03% 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. VSCPX - Dividend Comparison
IWY's dividend yield for the trailing twelve months is around 0.33%, less than VSCPX's 1.20% 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% |
VSCPX Vanguard Small-Cap Index Fund Institutional Plus Shares | 1.20% | 1.35% | 1.32% | 1.56% | 1.56% | 1.26% | 1.16% | 1.41% | 1.69% | 1.37% | 1.52% | 1.51% |
Frequently Asked Questions
IWY and VSCPX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VSCPX has higher volatility (4.40%) compared to IWY (3.69%). In terms of maximum drawdown, IWY dropped -32.68% vs VSCPX's -41.81%.
VSCPX currently has the higher Sharpe Ratio (1.94 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.
Find the right allocation for IWY and VSCPX
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