VLU vs. IWD
Compare and contrast key facts about SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD).
VLU and IWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLU is a passively managed fund by State Street that tracks the performance of the S&P 1500 Low Valuation Tilt Index. It was launched on Oct 24, 2012. IWD is a passively managed fund by iShares that tracks the performance of the Russell 1000 Value Index. It was launched on May 22, 2000. Both VLU and IWD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLU or IWD.
Performance
VLU vs. IWD - Performance Comparison
Returns By Period
In the year-to-date period, VLU achieves a 21.83% return, which is significantly higher than IWD's 20.32% return. Over the past 10 years, VLU has outperformed IWD with an annualized return of 14.63%, while IWD has yielded a comparatively lower 8.90% annualized return.
VLU
21.83%
3.51%
13.50%
30.34%
14.30%
14.63%
IWD
20.32%
2.50%
12.76%
28.49%
10.41%
8.90%
Key characteristics
| VLU | IWD | |
|---|---|---|
| Sharpe Ratio | 2.79 | 2.67 |
| Sortino Ratio | 3.88 | 3.75 |
| Omega Ratio | 1.51 | 1.48 |
| Calmar Ratio | 5.17 | 5.36 |
| Martin Ratio | 17.56 | 16.70 |
| Ulcer Index | 1.76% | 1.74% |
| Daily Std Dev | 11.10% | 10.89% |
| Max Drawdown | -37.38% | -60.10% |
| Current Drawdown | -0.33% | -0.17% |
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VLU vs. IWD - Expense Ratio Comparison
VLU has a 0.12% expense ratio, which is lower than IWD's 0.19% 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%.
Correlation
The correlation between VLU and IWD is 0.72, 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.
Risk-Adjusted Performance
VLU vs. IWD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD). 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
VLU vs. IWD - Dividend Comparison
VLU's dividend yield for the trailing twelve months is around 1.84%, more than IWD's 1.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLU SPDR S&P 1500 Value Tilt ETF | 1.84% | 2.02% | 2.16% | 1.86% | 1.98% | 2.19% | 2.57% | 1.95% | 2.14% | 6.37% | 5.42% | 3.41% |
IWD iShares Russell 1000 Value ETF | 1.76% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.09% | 2.25% | 2.47% | 2.00% | 1.95% |
Drawdowns
VLU vs. IWD - Drawdown Comparison
The maximum VLU drawdown since its inception was -37.38%, smaller than the maximum IWD drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for VLU and IWD. For additional features, visit the drawdowns tool.
Volatility
VLU vs. IWD - Volatility Comparison
SPDR S&P 1500 Value Tilt ETF (VLU) has a higher volatility of 4.23% compared to iShares Russell 1000 Value ETF (IWD) at 3.77%. This indicates that VLU's price experiences larger fluctuations and is considered to be riskier than IWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.