IWM vs SCDS
iShares Russell 2000 ETF vs JPMorgan Fundamental Data Science Small Core ETF
Which is better, IWM or SCDS?
Nearly the same fund. IWM costs less.
IWM has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. IWM is less concentrated, with 3.5% of the fund in its ten largest positions against 12.9%.
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 | IWM | SCDS |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.40% |
| AUM | $76.0B | $9M |
| Dividend Yield | 0.98% | 1.12% |
| Holdings | 1,972 | 279 |
| YTD Return | +9.82% | +17.38%Best |
| 1Y Return | +10.58% | +21.08%Best |
| 3Y Return (annualized) | +17.51% | - |
| 5Y Return (annualized) | +5.03% | - |
| Volatility (annualized) | 17.8% | 17.7%Best |
| Max Drawdown | -27.5% | -26.7%Best |
| $10,000 over 2.2 years | $13,473 | $14,139Best |
| Top 10 Weight | 3.5%Best | 12.9% |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | May 22, 2000 | Aug 7, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 8, 2024 to Oct 14, 2026 (2.2 years).
IWM vs SCDS 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 2.2 years both funds cover.
IWM vs SCDS Performance
iShares Russell 2000 ETF (IWM) is an ETF from iShares by BlackRock (US) and JPMorgan Fundamental Data Science Small Core ETF (SCDS) is an ETF from J.P. Morgan Asset Management. Over the past year IWM returned +10.58% while SCDS returned +21.08%. Year to date, IWM is up 9.82% versus a gain of 17.38% for SCDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWM has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 17.7% for SCDS. 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 -27.5% for IWM and -26.7% for SCDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWM charges 0.19% per year while SCDS charges 0.40%. On a $10,000 position that is $19 vs $40 annually, a gap of $21 per year that compounds over a long holding period. On income, IWM currently yields 0.98% against 1.12% for SCDS.
Holdings Overlap
24.9% of IWM's money is in holdings SCDS also owns. 80.8% of SCDS's money is in holdings IWM also owns.
Most of SCDS is already inside IWM. Owning both mostly buys the same companies twice.
229 positions in common, counted across the 1,973 positions we hold weights for in IWM and 274 in SCDS, against full books of 1,972 and 279.
What only one of them owns
Our book lists 35 positions for SCDS that do not appear in our book for IWM (16.4% of the fund), and 1,470 for IWM that do not appear in SCDS (71.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IWM | Weight in SCDS | Difference |
|---|---|---|---|
| TWSTTwist Bioscience Corp. | 0.42% | 1.36% | 0.94% |
| CHEFChef Holdings, Inc. | 0.14% | 1.16% | 1.02% |
| RHPRyman Hospitality Properties | 0.28% | 1.01% | 0.73% |
| LTHLife Time Inc | 0.21% | 0.87% | 0.66% |
| WSFSWsfs Financial Corp Common Stock | 0.13% | 0.91% | 0.78% |
| AZZAzz Inc | 0.14% | 0.87% | 0.73% |
| SMSm Energy Co | 0.29% | 0.71% | 0.42% |
| PTGXProtagonist Therapeutics Inc | 0.29% | 0.69% | 0.40% |
| PLXSPlexus Corp | 0.24% | 0.70% | 0.46% |
| MCRIMonarch Casino & Resort Inc | 0.05% | 0.86% | 0.81% |
80.8% of SCDS is already inside IWM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IWM or SCDS?
IWM has an expense ratio of 0.19% while SCDS charges 0.40%. IWM is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, IWM or SCDS?
Over the past year IWM returned +10.58% vs +21.08% for SCDS, so SCDS leads on 1-year performance. Over the longest common window we track (2 years), IWM annualized +14.51% vs +17.05% for SCDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWM or SCDS?
IWM has been the more volatile fund at 17.8% annualized versus 17.7% for SCDS. Worst drawdown: IWM -27.5% vs SCDS -26.7%.
Should I hold both IWM and SCDS?
IWM and SCDS have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IWM and SCDS?
80.8% of SCDS's money is in holdings IWM also owns. 80.8% of SCDS's is in holdings IWM also owns. They hold 229 positions in common, counted across the 1,973 positions we hold weights for in IWM and 274 in SCDS.
Which pays a higher dividend, IWM or SCDS?
IWM yields 0.98% while SCDS yields 1.12%, so SCDS currently pays the higher dividend yield.
Is SCDS better than IWM?
IWM has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. IWM is less concentrated, with 3.5% of the fund in its ten largest positions against 12.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.