Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWM vs IYR: how they differ
IWM and IYR hold 0% of their weight in the same names, and IWM returned more over the year.
iShares Russell 2000 ETF and iShares U.S. Real Estate ETF.
What they hold in common
By the books each fund has filed, IWM and IYR hold 0% of their money in the same securities at the same weight.
| Holding | IWM | IYR |
|---|---|---|
| Sabra Health Care REIT, Inc. | 0.15% | 0.37% |
| Only in IWM | Only in IYR |
|---|---|
| Moog, Inc. 0.38% | WELLTOWER INC. 10.88% |
| Hut 8 Corp. 0.37% | PROLOGIS, INC. 8.77% |
| Viasat, Inc. 0.35% | SIMON PROPERTY GROUP, INC. 4.79% |
| BrightSpring Health Services, Inc. 0.35% | EQUINIX, INC. 4.58% |
| Cytokinetics, Inc. 0.35% | DIGITAL REALTY TRUST, INC. 4.41% |
| MaxLinear, Inc. 0.34% | REALTY INCOME CORPORATION 4.29% |
| Argan, Inc. 0.34% | AMERICAN TOWER CORPORATION 3.88% |
| UMB Financial Corp. 0.33% | PUBLIC STORAGE. 3.74% |
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.
| IWM iShares Russell 2000 ETF | IYR iShares U.S. Real Estate ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Russell 2000 | U.S. Real Estate |
| Total return, 1 year | +21.2% | +4.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.7 pts | −12.8 pts |
| Expense ratio | 0.19% | 0.37% |
| Already in the S&P 500 | 0.0% | 80.4% |
| Holdings | 2014 | 61 |
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.
IYR in plain words
IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWM or IYR?
- In the year to Sep 12, 2026, with distributions reinvested, IWM returned +21.2% and IYR returned +4.7%, so IWM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWM or IYR?
- IWM charges 0.19% a year and IYR charges 0.37%, so IWM is cheaper. Fees come from each fund's prospectus.
- How much do IWM and IYR overlap with the S&P 500?
- By their latest filed holdings, 0% of IWM and 80% of IYR 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.
Cite this page. ETFIQ, IWM against IYR, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-IYR Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources