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

IWM vs KJAN: how they differ

IWM and KJAN are measured over different days, and IWM charges 0.19% against 0.79%.

iShares Russell 2000 ETF and Innovator U.S. Small Cap Power Buffer ETF - Jan.

IWM and KJAN on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IWM
iShares Russell 2000 ETF
KJAN
Innovator U.S. Small Cap Power Buffer ETF - Jan
Where it sitsCore index fundBuffer ETF
IssueriSharesInnovator
What it isRussell 2000Defined outcome, 15% on IWM
Total return, 1 year+21.2%not published
S&P 500 over the same days+17.5%not published
Gap to the S&P 500+3.7 ptsnot available
Expense ratio0.19%0.79%
Holdings2014not filed

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.

KJAN in plain words

IWM had already risen past this fund's cap of +17.3% for the period on Sep 12, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.8% as the period runs out. The fund's price can fall 10.8% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, IWM can fall 14.8% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's IWM level. 111 days remained on Sep 12, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Which is cheaper, IWM or KJAN?
IWM charges 0.19% a year and KJAN charges 0.79%, so IWM is cheaper. Fees come from each fund's prospectus.
Are IWM and KJAN the same kind of fund?
No. IWM is an index ETF and KJAN is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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.

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

A comparison is not a recommendation. Standards and sources