Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWM vs SPHD: how they differ
IWM and SPHD hold 0% of their weight in the same names, and IWM returned more over the year.
iShares Russell 2000 ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, IWM and SPHD hold 0% of their money in the same securities at the same weight.
| Only in IWM | Only in SPHD |
|---|---|
| Moog, Inc. 0.38% | Verizon Communications Inc. 3.49% |
| Hut 8 Corp. 0.37% | Altria Group, Inc. 3.45% |
| Viasat, Inc. 0.35% | Healthpeak Properties, Inc. 3.24% |
| BrightSpring Health Services, Inc. 0.35% | Kraft Heinz Co. (The) 3.03% |
| Cytokinetics, Inc. 0.35% | Pfizer Inc. 2.99% |
| MaxLinear, Inc. 0.34% | Franklin Resources, Inc. 2.82% |
| Argan, Inc. 0.34% | VICI Properties Inc. 2.68% |
| UMB Financial Corp. 0.33% | ONEOK, Inc. 2.66% |
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 and May 31, 2026.
| IWM iShares Russell 2000 ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | Russell 2000 | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +21.2% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.7 pts | −8.9 pts |
| Expense ratio | 0.19% | 0.30% |
| Already in the S&P 500 | 0.0% | 95.7% |
| Holdings | 2014 | 49 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWM or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, IWM returned +21.2% and SPHD returned +8.6%, so IWM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWM or SPHD?
- IWM charges 0.19% a year and SPHD charges 0.30%, so IWM is cheaper. Fees come from each fund's prospectus.
- How much do IWM and SPHD overlap with the S&P 500?
- By their latest filed holdings, 0% of IWM and 96% of SPHD 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.
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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 SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources