STXV vs. IWX

Last updated Aug 2, 2026

STXV (Strive 1000 Value ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds - STXV tracks the Bloomberg US 1000 Value while IWX tracks the Russell Top 200 Value Index. Both are passively managed. Over the past 3 years, STXV returned 16.59%/yr vs 18.98%/yr for IWX. Their correlation of 0.93 means they have usually moved in the same direction. STXV charges 0.18%/yr vs 0.20%/yr for IWX.

Performance

STXV vs. IWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Value ETF (STXV) and iShares Russell Top 200 Value ETF (IWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXV achieves a 16.83% return, which is significantly lower than IWX's 20.90% return.

STXV

• 1D: -0.15%
• 1M: 1.18%
• 6M: 10.56%
• YTD: 16.83%
• 1Y: 29.63%
• 3Y*: 16.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.98%

IWX

• 1D: 0.74%
• 1M: 2.59%
• 6M: 15.57%
• YTD: 20.90%
• 1Y: 34.92%
• 3Y*: 18.98%
• 5Y*: 12.65%
• 10Y*: 12.13%
• ALL TIME*: 11.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IWX iShares Russell Top 200 Value ETF	$55.11M	$49.72M	$33.93M
STXV Strive 1000 Value ETF	$237.40K	$357.12K	$300.77K

STXV vs. IWX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXV Strive 1000 Value ETF	16.83%	16.26%	13.34%	9.28%	-0.08%
IWX iShares Russell Top 200 Value ETF	20.90%	18.23%	14.89%	10.45%	3.38%

Correlation

The correlation between STXV and IWX is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.93

The correlation between STXV and IWX has been stable across timeframes, ranging from 0.84 to 0.93 - a consistent structural relationship.

STXV vs. IWX - Sectors Allocation Comparison

Sectors	STXV	IWX
Financial Services	22.0%	20.0%
Healthcare	17.3%	13.6%
Technology	12.5%	22.6%
Energy	10.3%	5.1%
Industrials	8.1%	8.3%
Consumer Defensive	7.7%	8.2%
Utilities	6.3%	2.6%
Consumer Cyclical	5.7%	11.6%
Communication Services	3.9%	3.5%
Real Estate	3.4%	1.8%
Basic Materials	2.8%	2.8%

Return for Risk

STXV vs. IWX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STXV

STXV Risk / Return Rank: 95
STXV Sharpe Ratio Rank: 96
STXV Sortino Ratio Rank: 95
STXV Omega Ratio Rank: 94
STXV Calmar Ratio Rank: 94
STXV Martin Ratio Rank: 95

IWX

IWX Risk / Return Rank: 95
IWX Sharpe Ratio Rank: 96
IWX Sortino Ratio Rank: 96
IWX Omega Ratio Rank: 95
IWX Calmar Ratio Rank: 95
IWX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STXV vs. IWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Value ETF (STXV) and iShares Russell Top 200 Value ETF (IWX). 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.

	STXV	IWX	Difference
Sharpe ratio: Return per unit of total volatility	2.89	3.10	-0.20
Sortino ratio: Return per unit of downside risk	4.15	4.28	-0.13
Omega ratio: Gain probability vs. loss probability	1.53	1.55	-0.03
Calmar ratio: Return relative to maximum drawdown	4.95	5.05	-0.10
Martin ratio: Return relative to average drawdown	18.99	22.22	-3.23

STXV vs. IWX - Sharpe Ratio Comparison

The current STXV Sharpe Ratio is 2.89, which is comparable to the IWX Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of STXV and IWX, 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

STXV vs. IWX - Drawdown Comparison

The maximum STXV drawdown since its inception was -14.80%, smaller than the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for STXV and IWX.

Drawdown Indicators

	STXV	IWX	Difference
Max Drawdown Largest peak-to-trough decline	-14.80%	-35.76%	+20.96%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	-6.59%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-14.80%	-13.37%	-1.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.76%	—
Current Drawdown Current decline from peak	-1.20%	0.00%	-1.20%
Average Drawdown Average peak-to-trough decline	-2.65%	-3.79%	+1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	1.50%	+0.01%

Volatility

STXV vs. IWX - Volatility Comparison

The current volatility for Strive 1000 Value ETF (STXV) is 2.53%, while iShares Russell Top 200 Value ETF (IWX) has a volatility of 3.10%. This indicates that STXV experiences smaller price fluctuations and is considered to be less risky than IWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXV	IWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	3.10%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	6.94%	8.46%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	9.99%	10.81%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.08%	13.89%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.08%	16.48%	-3.40%

STXV vs. IWX - Expense Ratio Comparison

STXV has a 0.18% expense ratio, which is lower than IWX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

STXV vs. IWX - Dividend Comparison

STXV's dividend yield for the trailing twelve months is around 2.05%, more than IWX's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWX iShares Russell Top 200 Value ETF	1.39%	1.59%	1.97%	2.13%	2.07%	1.79%	2.12%	2.60%	2.66%	2.12%	2.22%	2.77%
STXV Strive 1000 Value ETF	2.05%	2.37%	2.36%	2.05%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXV and IWX in my portfolio?

STXV and IWX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXV or IWX?

IWX has higher volatility (3.10%) compared to STXV (2.53%). In terms of maximum drawdown, STXV dropped -14.80% vs IWX's -35.76%.

Which ETF is better, STXV or IWX?

On 3-year performance, IWX leads with 18.98% vs 16.59% for STXV. On fees, STXV is cheaper at 0.18% per year. On volatility, STXV has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXV or IWX?

Over the 3-year period, IWX has performed better with a 18.98% return vs 16.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXV or IWX?

STXV is cheaper with a 0.18% expense ratio, compared with 0.20% for IWX.

Which ETF pays a higher dividend yield, STXV or IWX?

STXV has the higher dividend yield at 2.05%, compared with 1.39% for IWX.

What is the main difference between STXV and IWX?

STXV tracks Bloomberg US 1000 Value, while IWX tracks Russell Top 200 Value Index. They also come from different issuers: Strive and iShares. Their fees differ too: 0.18% for STXV and 0.20% for IWX.

Which has better risk-adjusted returns?

IWX currently has the higher Sharpe Ratio (3.10 vs 2.89), 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.