IWR vs OCFS
iShares Russell Mid-Cap ETF vs Otter Creek Focus Strategy ETF
Which is better, IWR or OCFS?
IWR has been ahead.
IWR has a lower expense ratio. IWR 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 | IWR | OCFS |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.85% |
| AUM | $56.7B | $6M |
| Dividend Yield | 1.19% | 0.00% |
| Holdings | 825 | 32 |
| Volatility (annualized) | 13.6%Best | 15.5% |
| Max Drawdown | -21.1%Best | -24.6% |
| $10,000 over 1.4 years | $11,671Best | $11,385 |
| Fund Family | iShares by BlackRock (US) | Otter Creek Advisors |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jul 17, 2001 | May 17, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 350 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IWR has data through Oct 14, 2026 and OCFS through Oct 29, 2025.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 20, 2024 to Oct 29, 2025 (1.4 years).
Risk: Volatility and Drawdowns
OCFS has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.6% for IWR. 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 -21.1% for IWR and -24.6% for OCFS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IWR charges 0.18% per year while OCFS charges 0.85%. On a $10,000 position that is $18 vs $85 annually, a gap of $67 per year that compounds over a long holding period. On income, IWR currently yields 1.19% against 0.00% for OCFS.
You are not choosing between two funds in isolation.
Whichever of IWR and OCFS 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, IWR or OCFS?
IWR has an expense ratio of 0.18% while OCFS charges 0.85%. IWR is the cheaper option, by $67 a year on a $10,000 investment.
Which is riskier, IWR or OCFS?
OCFS has been the more volatile fund at 15.5% annualized versus 13.6% for IWR. Worst drawdown: IWR -21.1% vs OCFS -24.6%.
Should I hold both IWR and OCFS?
IWR and OCFS have a monthly-return correlation of 0.89, 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, IWR or OCFS?
IWR yields 1.19% while OCFS yields 0.00%, so IWR currently pays the higher dividend yield.
Is OCFS better than IWR?
IWR has a lower expense ratio. IWR 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.