MID vs. IWM
Compare and contrast key facts about American Century Mid Cap Growth Impact ETF (MID) and iShares Russell 2000 ETF (IWM).
MID and IWM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MID is an actively managed fund by American Century. It was launched on Jul 15, 2020. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MID or IWM.
Correlation
The correlation between MID and IWM is 0.79, 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
MID vs. IWM - Performance Comparison
Key characteristics
MID:
1.47
IWM:
0.69
MID:
2.07
IWM:
1.10
MID:
1.25
IWM:
1.13
MID:
1.09
IWM:
0.74
MID:
9.31
IWM:
3.63
MID:
2.66%
IWM:
3.97%
MID:
16.88%
IWM:
20.85%
MID:
-40.15%
IWM:
-59.05%
MID:
-5.86%
IWM:
-8.18%
Returns By Period
In the year-to-date period, MID achieves a 21.38% return, which is significantly higher than IWM's 11.87% return.
MID
21.38%
-0.78%
7.15%
21.97%
N/A
N/A
IWM
11.87%
-3.62%
11.47%
12.48%
7.37%
7.83%
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MID vs. IWM - Expense Ratio Comparison
MID has a 0.45% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
MID vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Mid Cap Growth Impact ETF (MID) and iShares Russell 2000 ETF (IWM). 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
MID vs. IWM - Dividend Comparison
MID's dividend yield for the trailing twelve months is around 0.17%, less than IWM's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MID American Century Mid Cap Growth Impact ETF | 0.17% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.14% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
MID vs. IWM - Drawdown Comparison
The maximum MID drawdown since its inception was -40.15%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for MID and IWM. For additional features, visit the drawdowns tool.
Volatility
MID vs. IWM - Volatility Comparison
American Century Mid Cap Growth Impact ETF (MID) and iShares Russell 2000 ETF (IWM) have volatilities of 5.86% and 6.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.