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SURE vs. IWX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SURE vs. IWX

Last updated Aug 2, 2026
Documentation

SURE (AdvisorShares Insider Advantage ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds. SURE is actively managed, while IWX is passively managed. Over the past 10 years, SURE returned 11.32%/yr vs 12.13%/yr for IWX. Their correlation of 0.83 means they have usually moved in the same direction. SURE charges 0.90%/yr vs 0.20%/yr for IWX.

Performance

SURE vs. IWX - Performance Comparison

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

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Returns By Period

In the year-to-date period, SURE achieves a 16.92% return, which is significantly lower than IWX's 20.90% return. Over the past 10 years, SURE has underperformed IWX with an annualized return of 11.32%, while IWX has yielded a comparatively higher 12.13% annualized return.

SURE

1D
0.26%
1M
0.00%
6M
13.89%
YTD
16.92%
1Y
29.80%
3Y*
15.19%
5Y*
10.67%
10Y*
11.32%
ALL TIME*
13.42%

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

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IWX

iShares Russell Top 200 Value ETF
$55.11M$49.72M$33.93M

SURE

AdvisorShares Insider Advantage ETF
$52.35K$88.28K$83.48K

SURE vs. IWX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SURE
AdvisorShares Insider Advantage ETF		16.92%10.58%12.17%23.30%-11.24%23.87%8.76%28.89%-17.03%13.16%
IWX
iShares Russell Top 200 Value ETF		20.90%18.23%14.89%10.45%-5.33%23.33%1.46%25.82%-6.53%14.05%

Correlation

The correlation between SURE and IWX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.78

Correlation (3Y)
Balances recent behavior with more history.

0.82

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.86

Correlation (10Y)
Provides a long-term view across more market conditions.

0.86

Correlation (All Time)
Calculated using the full available price history since Oct 5, 2011

0.83

The correlation between SURE and IWX has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.

SURE vs. IWX - Sectors Allocation Comparison

Sectors
SURE
IWX

Technology

26.1%
22.6%

Consumer Cyclical

19.4%
11.6%

Financial Services

14.1%
20.0%

Industrials

13.3%
8.3%

Communication Services

9.1%
3.5%

Energy

8.4%
5.1%

Healthcare

5.2%
13.6%

Utilities

1.7%
2.6%

Basic Materials

1.0%
2.8%

Consumer Defensive

0.9%
8.2%

Real Estate

0.8%
1.8%

Technology

SURE
26.1%
IWX
22.6%

Consumer Cyclical

SURE
19.4%
IWX
11.6%

Financial Services

SURE
14.1%
IWX
20.0%

Industrials

SURE
13.3%
IWX
8.3%

Communication Services

SURE
9.1%
IWX
3.5%

Energy

SURE
8.4%
IWX
5.1%

Healthcare

SURE
5.2%
IWX
13.6%

Utilities

SURE
1.7%
IWX
2.6%

Basic Materials

SURE
1.0%
IWX
2.8%

Consumer Defensive

SURE
0.9%
IWX
8.2%

Real Estate

SURE
0.8%
IWX
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

AdvisorShares Insider Advantage ETF

iShares Russell Top 200 Value ETF

Often compared with SURE:
SURE vs. VGTSURE vs. BGIGSURE vs. SPLVSURE vs. BEDZSURE vs. IGFSURE vs. KEATSURE vs. VOO
Often compared with IWX:
IWX vs. IWNIWX vs. IWYIWX vs. IWCIWX vs. IWFIWX vs. XLPIWX vs. QQQIWX vs. SPYV

Return for Risk

SURE vs. IWX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SURE
SURE Risk / Return Rank: 8989
Overall Rank
SURE Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
SURE Sortino Ratio Rank: 9090
Sortino Ratio Rank
SURE Omega Ratio Rank: 8585
Omega Ratio Rank
SURE Calmar Ratio Rank: 9191
Calmar Ratio Rank
SURE Martin Ratio Rank: 9191
Martin Ratio Rank
IWX
IWX Risk / Return Rank: 9595
Overall Rank
IWX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IWX Sortino Ratio Rank: 9696
Sortino Ratio Rank
IWX Omega Ratio Rank: 9595
Omega Ratio Rank
IWX Calmar Ratio Rank: 9595
Calmar Ratio Rank
IWX Martin Ratio Rank: 9696
Martin Ratio Rank
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.

SURE vs. IWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Insider Advantage ETF (SURE) 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.

SUREIWXDifference
Sharpe ratioReturn per unit of total volatility
2.14
3.10

-0.95

Sortino ratioReturn per unit of downside risk
3.12
4.28

-1.16

Omega ratioGain probability vs. loss probability

1.37

1.55

-0.18

Calmar ratioReturn relative to maximum drawdown

3.96

5.05

-1.09

Martin ratioReturn relative to average drawdown

15.12

22.22

-7.10

SURE vs. IWX - Sharpe Ratio Comparison

The current SURE Sharpe Ratio is 2.14, which is lower than the IWX Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of SURE 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.

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Drawdowns

SURE vs. IWX - Drawdown Comparison

The maximum SURE drawdown since its inception was -35.68%, roughly equal to the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for SURE and IWX.

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Drawdown Indicators

SUREIWXDifference

Max Drawdown

Largest peak-to-trough decline

-35.68%

-35.76%

+0.08%

Max Drawdown (1Y)

Largest decline over 1 year

-7.10%

-6.59%

-0.51%

Max Drawdown (3Y)

Largest decline over 3 years

-21.54%

-13.37%

-8.17%

Max Drawdown (5Y)

Largest decline over 5 years

-23.75%

-18.13%

-5.62%

Max Drawdown (10Y)

Largest decline over 10 years

-35.68%

-35.76%

+0.08%

Current Drawdown

Current decline from peak

-0.80%

0.00%

-0.80%

Average Drawdown

Average peak-to-trough decline

-4.80%

-3.79%

-1.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.86%

1.50%

+0.36%

Volatility

SURE vs. IWX - Volatility Comparison

AdvisorShares Insider Advantage ETF (SURE) and iShares Russell Top 200 Value ETF (IWX) have volatilities of 3.02% and 3.10%, 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.

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Volatility by Period

SUREIWXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.02%

3.10%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

9.42%

8.46%

+0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

13.19%

10.81%

+2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.07%

13.89%

+3.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.50%

16.48%

+1.02%

SURE vs. IWX - Expense Ratio Comparison

SURE has a 0.90% expense ratio, which is higher than IWX's 0.20% expense ratio.

Dividends

SURE vs. IWX - Dividend Comparison

SURE's dividend yield for the trailing twelve months is around 0.87%, less than IWX's 1.39% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
SURE
AdvisorShares Insider Advantage ETF		0.87%1.01%0.68%1.11%1.72%1.08%1.28%1.09%1.26%0.65%1.14%0.77%

Frequently Asked Questions

SURE and IWX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IWX has higher volatility (3.10%) compared to SURE (3.02%). In terms of maximum drawdown, SURE dropped -35.68% vs IWX's -35.76%.

On 10-year performance, IWX leads with 12.13% vs 11.32% for SURE. On fees, IWX is cheaper at 0.20% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IWX has performed better with a 12.13% return vs 11.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IWX is cheaper with a 0.20% expense ratio, compared with 0.90% for SURE.

IWX has the higher dividend yield at 1.39%, compared with 0.87% for SURE.

They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 0.90% for SURE and 0.20% for IWX.

IWX currently has the higher Sharpe Ratio (3.10 vs 2.14), 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.

Portfolio Optimizer

Find the right allocation for SURE and IWX

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