Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EWY vs IWO: how they differ
EWY and IWO hold 0% of their weight in the same names, and EWY returned more over the year.
iShares MSCI South Korea ETF and iShares Russell 2000 Growth ETF.
What they hold in common
By the books each fund has filed, EWY and IWO hold 0% of their money in the same securities at the same weight.
| Holding | EWY | IWO |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.05% | 0.11% |
| Only in EWY | Only in IWO |
|---|---|
| SK HYNIX 24.02% | MOOG INC CLASS A 0.69% |
| SAMSUNG ELECTRONICS LTD 22.13% | GLAUKOS 0.65% |
| SK SQUARE 3.01% | JFROG 0.64% |
| KRW CASH 2.49% | BRIGHTSPRING HEALTH SERVICES INC 0.62% |
| SAMSUNG ELECTRO MECHANICS LTD 2.46% | FIRSTCASH HOLDINGS INC 0.62% |
| KB FINANCIAL GROUP 1.92% | BRINKER INTERNATIONAL INC 0.61% |
| HYUNDAI MOTOR 1.60% | INTERDIGITAL INC 0.60% |
| SHINHAN FINANCIAL GROUP 1.57% | KRYSTAL BIOTECH 0.59% |
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 Sep 10, 2026.
| EWY iShares MSCI South Korea ETF | IWO iShares Russell 2000 Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI South Korea | Russell 2000 Growth |
| Total return, 1 year | +147.9% | +17.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +130.4 pts | −0.5 pts |
| Expense ratio | 0.59% | 0.24% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 80 | 970 |
EWY in plain words
EWY is an index equity fund tracking the MSCI South Korea. Over the year to Sep 11, 2026 it returned +147.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 80 positions, with the top ten at 61.9%. It sat 13.9% below its high of Jun 18, 2026 on Sep 11, 2026.
IWO in plain words
IWO is an index equity fund tracking the Russell 2000 Growth. Over the year to Sep 11, 2026 it returned +17.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.24% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 970 positions, with the top ten at 6.2%. It sat 7.1% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWY or IWO?
- In the year to Sep 13, 2026, with distributions reinvested, EWY returned +147.9% and IWO returned +17.0%, so EWY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWY or IWO?
- EWY charges 0.59% a year and IWO charges 0.24%, so IWO is cheaper. Fees come from each fund's prospectus.
- How much do EWY and IWO overlap with the S&P 500?
- By their latest filed holdings, 0% of EWY and 0% of IWO 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, EWY against IWO, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewy-vs-iwo Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources