IWY vs. WTV

Last updated Jun 13, 2026

IWY (iShares Russell Top 200 Growth ETF) and WTV (WisdomTree US Value ETF) are both exchange-traded funds - IWY is a Large Cap Growth Equities fund tracking the Russell Top 200 Growth Index, while WTV is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Value Index. Both are passively managed. Over the past 5 years, IWY returned 15.15%/yr vs 13.33%/yr for WTV. A 0.62 correlation means they provide meaningful diversification when combined. IWY charges 0.20%/yr vs 0.12%/yr for WTV.

Performance

IWY vs. WTV - Performance Comparison

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

Returns By Period

In the year-to-date period, IWY achieves a 2.99% return, which is significantly lower than WTV's 11.65% return.

IWY

• 1D: -0.00%
• 1M: -2.39%
• YTD: 2.99%
• 6M: 3.75%
• 1Y: 19.83%
• 3Y*: 23.03%
• 5Y*: 15.15%
• 10Y*: 19.24%

WTV

• 1D: 0.82%
• 1M: 4.49%
• YTD: 11.65%
• 6M: 10.71%
• 1Y: 24.63%
• 3Y*: 21.39%
• 5Y*: 13.33%
• 10Y*: —

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

IWY vs. WTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWY iShares Russell Top 200 Growth ETF	2.99%	18.19%	34.89%	46.49%	-29.91%	31.05%	39.01%	36.20%	-0.72%	0.31%
WTV WisdomTree US Value ETF	11.65%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.58%

Correlation

The correlation between IWY and WTV is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017	0.62

The correlation between IWY and WTV shifts across timeframes, from 0.42 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

IWY vs. WTV - Sectors Allocation Comparison

Sectors	IWY	WTV
Technology	54.9%	15.3%
Communication Services	13.9%	6.9%
Consumer Cyclical	11.4%	10.7%
Healthcare	6.6%	7.3%
Financial Services	5.6%	19.5%
Industrials	4.0%	10.5%
Consumer Defensive	3.0%	10.7%
Utilities	1.1%	4.8%
Real Estate	0.3%	5.3%
Basic Materials	0.3%	2.2%
Energy	0.0%	6.8%

Return for Risk

IWY vs. WTV — Risk / Return Rank

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

IWY

IWY Risk / Return Rank: 35
IWY Sharpe Ratio Rank: 40
IWY Sortino Ratio Rank: 37
IWY Omega Ratio Rank: 38
IWY Calmar Ratio Rank: 28
IWY Martin Ratio Rank: 30

WTV

WTV Risk / Return Rank: 74
WTV Sharpe Ratio Rank: 75
WTV Sortino Ratio Rank: 79
WTV Omega Ratio Rank: 72
WTV Calmar Ratio Rank: 77
WTV Martin Ratio Rank: 70

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. WTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and WisdomTree US Value ETF (WTV). 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.

	IWY	WTV	Difference
Sharpe ratio: Return per unit of total volatility	1.24	2.08	-0.83
Sortino ratio: Return per unit of downside risk	1.73	3.02	-1.29
Omega ratio: Gain probability vs. loss probability	1.22	1.37	-0.15
Calmar ratio: Return relative to maximum drawdown	1.20	3.46	-2.26
Martin ratio: Return relative to average drawdown	3.85	11.26	-7.41

IWY vs. WTV - Sharpe Ratio Comparison

The current IWY Sharpe Ratio is 1.24, which is lower than the WTV Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of IWY and WTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IWY vs. WTV - Drawdown Comparison

The maximum IWY drawdown since its inception was -32.68%, smaller than the maximum WTV drawdown of -42.18%. Use the drawdown chart below to compare losses from any high point for IWY and WTV.

Drawdown Indicators

	IWY	WTV	Difference
Max Drawdown Largest peak-to-trough decline	-32.68%	-42.18%	+9.50%
Max Drawdown (1Y) Largest decline over 1 year	-16.63%	-7.15%	-9.48%
Max Drawdown (3Y) Largest decline over 3 years	-23.22%	-18.49%	-4.73%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-19.30%	-13.38%
Max Drawdown (10Y) Largest decline over 10 years	-32.68%	—	—
Current Drawdown Current decline from peak	-5.68%	0.00%	-5.68%
Average Drawdown Average peak-to-trough decline	-4.75%	-5.04%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.16%	2.19%	+2.97%

Volatility

IWY vs. WTV - Volatility Comparison

iShares Russell Top 200 Growth ETF (IWY) has a higher volatility of 5.30% compared to WisdomTree US Value ETF (WTV) at 3.48%. This indicates that IWY's price experiences larger fluctuations and is considered to be riskier than WTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWY	WTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	3.48%	+1.82%
Volatility (6M) Calculated over the trailing 6-month period	12.38%	8.05%	+4.33%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	11.92%	+4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.54%	17.11%	+4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.01%	20.18%	+0.83%

IWY vs. WTV - Expense Ratio Comparison

IWY has a 0.20% expense ratio, which is higher than WTV's 0.12% 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. WTV - Dividend Comparison

IWY's dividend yield for the trailing twelve months is around 0.34%, less than WTV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWY iShares Russell Top 200 Growth ETF	0.34%	0.36%	0.42%	0.68%	0.88%	0.50%	0.71%	1.06%	1.32%	1.26%	1.51%	1.58%
WTV WisdomTree US Value ETF	1.63%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IWY and WTV in my portfolio?

IWY and WTV have a correlation of 0.42, 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 WTV?

IWY has higher volatility (5.30%) compared to WTV (3.48%). In terms of maximum drawdown, IWY dropped -32.68% vs WTV's -42.18%.

Which ETF is better, IWY or WTV?

On 5-year performance, IWY leads with 15.15% vs 13.33% for WTV. On fees, WTV is cheaper at 0.12% per year. On volatility, WTV has been the lower-risk option at 3.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IWY or WTV?

Over the 5-year period, IWY has performed better with a 15.15% return vs 13.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IWY or WTV?

WTV is cheaper with a 0.12% expense ratio, compared with 0.20% for IWY.

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

WTV has the higher dividend yield at 1.63%, compared with 0.34% for IWY.

What is the main difference between IWY and WTV?

IWY is categorized as Large Cap Growth Equities, while WTV is Large Cap Value Equities. IWY tracks Russell Top 200 Growth Index, while WTV tracks WisdomTree U.S. LargeCap Value Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.20% for IWY and 0.12% for WTV.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (2.08 vs 1.24), 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.