IWM vs. NSCS
Compare and contrast key facts about iShares Russell 2000 ETF (IWM) and Nuveen Small Cap Select ETF (NSCS).
IWM and NSCS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000. NSCS is an actively managed fund by Nuveen. It was launched on Aug 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWM or NSCS.
Key characteristics
| IWM | NSCS | |
|---|---|---|
| YTD Return | 13.96% | 16.06% |
| 1Y Return | 31.22% | 29.88% |
| 3Y Return (Ann) | 1.61% | 3.94% |
| Sharpe Ratio | 1.54 | 1.64 |
| Sortino Ratio | 2.22 | 2.30 |
| Omega Ratio | 1.26 | 1.28 |
| Calmar Ratio | 1.05 | 1.21 |
| Martin Ratio | 8.35 | 9.00 |
| Ulcer Index | 3.91% | 3.50% |
| Daily Std Dev | 21.29% | 19.24% |
| Max Drawdown | -59.05% | -30.57% |
| Current Drawdown | -2.62% | 0.00% |
Correlation
The correlation between IWM and NSCS is 0.97, 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
IWM vs. NSCS - Performance Comparison
In the year-to-date period, IWM achieves a 13.96% return, which is significantly lower than NSCS's 16.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IWM vs. NSCS - Expense Ratio Comparison
IWM has a 0.19% expense ratio, which is lower than NSCS's 0.85% expense ratio.
Risk-Adjusted Performance
IWM vs. NSCS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and Nuveen Small Cap Select ETF (NSCS). 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
IWM vs. NSCS - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 1.13%, more than NSCS's 0.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 1.13% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
NSCS Nuveen Small Cap Select ETF | 0.11% | 0.12% | 0.36% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IWM vs. NSCS - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than NSCS's maximum drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for IWM and NSCS. For additional features, visit the drawdowns tool.
Volatility
IWM vs. NSCS - Volatility Comparison
iShares Russell 2000 ETF (IWM) and Nuveen Small Cap Select ETF (NSCS) have volatilities of 4.54% and 4.53%, 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.