IVV vs IWMW
iShares Core S&P 500 ETF vs iShares Russell 2000 BuyWrite ETF
Which is better, IVV or IWMW?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | IWMW |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $882.6B | $56M |
| Dividend Yield | 1.06% | 20.34% |
| Holdings | 508 | 12 |
| YTD Return | +14.84%Best | -4.80% |
| 1Y Return | +18.70%Best | -5.47% |
| 3Y Return (annualized) | +22.93% | - |
| 5Y Return (annualized) | +13.91% | - |
| Volatility (annualized) | 11.9%Best | 12.3% |
| Max Drawdown | -18.8%Best | -21.8% |
| $10,000 over 2.6 years | $15,822Best | $10,774 |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Mar 14, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 15, 2024 to Oct 13, 2026 (2.6 years).
IVV vs IWMW growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
IVV vs IWMW Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares Russell 2000 BuyWrite ETF (IWMW) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +18.70% while IWMW returned -5.47%. Year to date, IVV is up 14.84% versus a loss of 4.80% for IWMW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWMW has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.9% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -21.8% for IWMW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while IWMW charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 20.34% for IWMW.
Holdings Overlap
At least 0.2% of IVV's money is in holdings IWMW also owns.
Stated as a floor: for IWMW, our book for it covers 100.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 2 in IWMW, against full books of 508 and 12.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IWMW | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.20% | 0.14% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of IVV and IWMW you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or IWMW?
IVV has an expense ratio of 0.03% while IWMW charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or IWMW?
Over the past year IVV returned +18.70% vs -5.47% for IWMW, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or IWMW?
IWMW has been the more volatile fund at 12.3% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs IWMW -21.8%.
Should I hold both IVV and IWMW?
IVV and IWMW have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or IWMW?
IVV yields 1.06% while IWMW yields 20.34%, so IWMW currently pays the higher dividend yield.
Is IWMW better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.