^SIXR vs. IWM
Compare and contrast key facts about Consumer Staples Select Sector Index (^SIXR) and iShares Russell 2000 ETF (IWM).
IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SIXR or IWM.
Correlation
The correlation between ^SIXR and IWM is 0.66, 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.
Performance
^SIXR vs. IWM - Performance Comparison
Key characteristics
^SIXR:
0.48
IWM:
-0.01
^SIXR:
0.89
IWM:
0.14
^SIXR:
1.11
IWM:
1.02
^SIXR:
0.83
IWM:
-0.02
^SIXR:
2.12
IWM:
-0.05
^SIXR:
3.54%
IWM:
9.33%
^SIXR:
13.17%
IWM:
24.06%
^SIXR:
-24.93%
IWM:
-59.05%
^SIXR:
-3.00%
IWM:
-16.57%
Returns By Period
In the year-to-date period, ^SIXR achieves a 3.39% return, which is significantly higher than IWM's -8.75% return. Over the past 10 years, ^SIXR has underperformed IWM with an annualized return of 5.35%, while IWM has yielded a comparatively higher 6.48% annualized return.
^SIXR
3.39%
6.59%
2.06%
6.57%
7.18%
5.35%
IWM
-8.75%
15.08%
-14.45%
-0.14%
10.14%
6.48%
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Risk-Adjusted Performance
^SIXR vs. IWM — Risk-Adjusted Performance Rank
^SIXR
IWM
^SIXR vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector Index (^SIXR) and iShares Russell 2000 ETF (IWM). 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.
Drawdowns
^SIXR vs. IWM - Drawdown Comparison
The maximum ^SIXR drawdown since its inception was -24.93%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for ^SIXR and IWM. For additional features, visit the drawdowns tool.
Volatility
^SIXR vs. IWM - Volatility Comparison
The current volatility for Consumer Staples Select Sector Index (^SIXR) is 5.62%, while iShares Russell 2000 ETF (IWM) has a volatility of 10.70%. This indicates that ^SIXR experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.