Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FENI vs IWM: how they differ

FENI and IWM hold 0% of their weight in the same names, and IWM returned more over the year.

Fidelity Enhanced International ETF and iShares Russell 2000 ETF.

What they hold in common

By the books each fund has filed, FENI and IWM hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FENIOnly in IWM
ASML HOLDING NV 4.11%Moog, Inc. 0.38%
NESTLE SA 1.77%Hut 8 Corp. 0.37%
SIEMENS AG 1.63%Viasat, Inc. 0.35%
TOKYO ELECTRON LTD 1.46%BrightSpring Health Services, Inc. 0.35%
ABB LTD 1.34%Cytokinetics, Inc. 0.35%
HSBC HOLDINGS PLC 1.33%MaxLinear, Inc. 0.34%
IBERDROLA SA 1.23%Argan, Inc. 0.34%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22%UMB Financial Corp. 0.33%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

FENI and IWM on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FENI
Fidelity Enhanced International ETF
IWM
iShares Russell 2000 ETF
Where it sitsCore index fundCore index fund
IssuerFidelityiShares
What it isEnhanced InternationalRussell 2000
Total return, 1 year+19.4%+21.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts+3.7 pts
Expense ratio0.28%0.19%
Already in the S&P 5000.0%0.0%
Holdings3922014

FENI in plain words

FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.

IWM in plain words

IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2014 positions, with the top ten at 3.4%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FENI or IWM?
In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and IWM returned +21.2%, so IWM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FENI or IWM?
FENI charges 0.28% a year and IWM charges 0.19%, so IWM is cheaper. Fees come from each fund's prospectus.
How much do FENI and IWM overlap with the S&P 500?
By their latest filed holdings, 0% of FENI and 0% of IWM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FENI against IWM, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FENI against IWM, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-IWM Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources