TSCM vs. IWR
TSCM (TimesSquare Quality Mid Cap Growth ETF) and IWR (iShares Russell Midcap ETF) are both exchange-traded funds - TSCM is a Mid Cap Growth Equities fund actively managed by TimesSquare Capital Management, while IWR is a Mid Cap Blend Equities fund tracking the Russell Midcap Index. TSCM is actively managed, while IWR is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. TSCM charges 0.55%/yr vs 0.19%/yr for IWR.
Performance
TSCM vs. IWR - Performance Comparison
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Returns By Period
In the year-to-date period, TSCM achieves a 2.79% return, which is significantly lower than IWR's 14.90% return.
TSCM
- 1D
- -1.95%
- 1M
- -0.60%
- 6M
- 1.46%
- YTD
- 2.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWR
- 1D
- 0.47%
- 1M
- 1.00%
- 6M
- 9.43%
- YTD
- 14.90%
- 1Y
- 20.18%
- 3Y*
- 15.16%
- 5Y*
- 8.72%
- 10Y*
- 11.42%
TSCM vs. IWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSCM TimesSquare Quality Mid Cap Growth ETF | 2.79% | -1.32% |
IWR iShares Russell Midcap ETF | 14.90% | -1.24% |
Correlation
The correlation between TSCM and IWR is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025 | 0.76 |
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Return for Risk
TSCM vs. IWR — Risk / Return Rank
TSCM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IWR
TSCM vs. IWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TimesSquare Quality Mid Cap Growth ETF (TSCM) and iShares Russell Midcap ETF (IWR). 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.
| TSCM | IWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.48 | — |
| Martin ratioReturn relative to average drawdown | — | 9.50 | — |
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Drawdowns
TSCM vs. IWR - Drawdown Comparison
The maximum TSCM drawdown since its inception was -14.87%, smaller than the maximum IWR drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for TSCM and IWR.
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Drawdown Indicators
| TSCM | IWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.87% | -58.78% | +43.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.09% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.59% | — |
Current DrawdownCurrent decline from peak | -5.88% | -0.52% | -5.36% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -7.77% | +2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.13% | — |
Volatility
TSCM vs. IWR - Volatility Comparison
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Volatility by Period
| TSCM | IWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.85% | 13.70% | +7.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.85% | 18.27% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.85% | 19.30% | +1.55% |
TSCM vs. IWR - Expense Ratio Comparison
TSCM has a 0.55% expense ratio, which is higher than IWR's 0.19% expense ratio.
Dividends
TSCM vs. IWR - Dividend Comparison
TSCM has not paid dividends to shareholders, while IWR's dividend yield for the trailing twelve months is around 1.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWR iShares Russell Midcap ETF | 1.15% | 1.29% | 1.27% | 1.43% | 1.59% | 1.04% | 1.28% | 1.43% | 1.98% | 1.52% | 1.72% | 1.59% |
TSCM TimesSquare Quality Mid Cap Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSCM and IWR have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWR is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWR is cheaper with a 0.19% expense ratio, compared with 0.55% for TSCM.
IWR has the higher dividend yield at 1.15%, compared with 0.00% for TSCM.
TSCM is categorized as Mid Cap Growth Equities, while IWR is Mid Cap Blend Equities. They also come from different issuers: TimesSquare Capital Management and iShares. Their fees differ too: 0.55% for TSCM and 0.19% for IWR.
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