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

GARP vs IWC: how they differ

GARP and IWC are both equity index funds, and over the year IWC returned more, +31.3% against +29.5%.

iShares MSCI USA Quality GARP ETF and iShares Micro-Cap ETF.

GARP and IWC on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
IWC
iShares Micro-Cap ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI USA Quality GARPRussell Microcap
Total return, 1 year+29.5%+31.3%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+12.0 pts+13.8 pts
Expense ratio0.15%not published
Holdings131not filed

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.

IWC in plain words

IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GARP or IWC?
In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and IWC returned +31.3%, so IWC returned more. One year is one year; the longer windows are in the table.

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.

GARP against IWC, 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, GARP against IWC, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-IWC Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources