RZV vs. IVW
Compare and contrast key facts about Invesco S&P SmallCap 600® Pure Value ETF (RZV) and iShares S&P 500 Growth ETF (IVW).
RZV and IVW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RZV is a passively managed fund by Invesco that tracks the performance of the S&P Small Cap 600 Pure Value. It was launched on Mar 1, 2006. IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000. Both RZV and IVW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RZV vs. IVW - Performance Comparison
Loading graphics...
RZV vs. IVW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RZV Invesco S&P SmallCap 600® Pure Value ETF | 5.14% | 8.65% | 5.06% | 22.97% | -6.80% | 45.95% | -3.88% | 22.29% | -19.66% | 1.25% |
IVW iShares S&P 500 Growth ETF | -6.94% | 21.95% | 35.82% | 29.83% | -29.50% | 31.80% | 33.19% | 30.77% | -0.21% | 27.21% |
Returns By Period
In the year-to-date period, RZV achieves a 5.14% return, which is significantly higher than IVW's -6.94% return. Over the past 10 years, RZV has underperformed IVW with an annualized return of 9.40%, while IVW has yielded a comparatively higher 15.78% annualized return.
RZV
- 1D
- 0.08%
- 1M
- -4.23%
- YTD
- 5.14%
- 6M
- 5.87%
- 1Y
- 28.47%
- 3Y*
- 12.74%
- 5Y*
- 8.27%
- 10Y*
- 9.40%
IVW
- 1D
- 1.33%
- 1M
- -4.23%
- YTD
- -6.94%
- 6M
- -5.28%
- 1Y
- 23.09%
- 3Y*
- 22.24%
- 5Y*
- 12.40%
- 10Y*
- 15.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RZV vs. IVW - Expense Ratio Comparison
RZV has a 0.35% expense ratio, which is higher than IVW's 0.18% expense ratio.
Return for Risk
RZV vs. IVW — Risk / Return Rank
RZV
IVW
RZV vs. IVW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600® Pure Value ETF (RZV) and iShares S&P 500 Growth ETF (IVW). 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.
| RZV | IVW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.04 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.61 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.74 | -0.09 |
Martin ratioReturn relative to average drawdown | 5.69 | 6.75 | -1.06 |
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 graphics...
Sharpe Ratios by Period
| RZV | IVW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.04 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.59 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.77 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.41 | -0.16 |
Correlation
The correlation between RZV and IVW is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RZV vs. IVW - Dividend Comparison
RZV's dividend yield for the trailing twelve months is around 1.51%, more than IVW's 0.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RZV Invesco S&P SmallCap 600® Pure Value ETF | 1.51% | 1.59% | 1.14% | 1.13% | 1.43% | 0.86% | 0.63% | 1.03% | 2.03% | 1.02% | 0.46% | 1.24% |
IVW iShares S&P 500 Growth ETF | 0.43% | 0.40% | 0.43% | 1.03% | 0.92% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% |
Drawdowns
RZV vs. IVW - Drawdown Comparison
The maximum RZV drawdown since its inception was -77.11%, which is greater than IVW's maximum drawdown of -57.33%. Use the drawdown chart below to compare losses from any high point for RZV and IVW.
Loading graphics...
Drawdown Indicators
| RZV | IVW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -57.33% | -19.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.95% | -13.75% | -3.20% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | -32.72% | +2.91% |
Max Drawdown (10Y)Largest decline over 10 years | -60.42% | -32.72% | -27.70% |
Current DrawdownCurrent decline from peak | -8.55% | -9.07% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -13.70% | -17.72% | +4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.93% | 3.55% | +1.38% |
Volatility
RZV vs. IVW - Volatility Comparison
The current volatility for Invesco S&P SmallCap 600® Pure Value ETF (RZV) is 6.24%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 7.27%. This indicates that RZV experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RZV | IVW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 7.27% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 15.38% | 12.67% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.79% | 22.28% | +3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.54% | 21.12% | +3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.12% | 20.54% | +6.58% |