Which is cheaper, IWM or SNOV?

IWM charges 0.19% a year and SNOV charges 0.90%, so IWM is cheaper. Fees come from each fund's prospectus.

Are IWM and SNOV the same kind of fund?

No. IWM is an index ETF and SNOV is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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 SNOV: how they differ

IWM and SNOV are measured over different days, and IWM charges 0.19% against 0.90%.

iShares Russell 2000 ETF and FT Vest U.S. Small Cap Moderate Buffer ETF - November.

IWM and SNOV on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	IWM iShares Russell 2000 ETF	SNOV FT Vest U.S. Small Cap Moderate Buffer ETF - November
Where it sits	Core index fund	Buffer ETF
Issuer	iShares	First Trust
What it is	Russell 2000	Defined 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 pts	not available
Expense ratio	0.19%	0.90%
Holdings	2014	not 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.

SNOV in plain words

IWM had already risen past this fund's cap of +18.4% 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 2.5% as the period runs out. The fund's price can fall 13.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, IWM can fall 18.4% 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. 70 days remained on Sep 12, 2026. On Nov 20, 2026 the period ends and a new cap is set.

Questions people ask

Which is cheaper, IWM or SNOV?: IWM charges 0.19% a year and SNOV charges 0.90%, so IWM is cheaper. Fees come from each fund's prospectus.
Are IWM and SNOV the same kind of fund?: No. IWM is an index ETF and SNOV 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 SNOV, 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 SNOV, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-SNOV Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources