Data as of Oct 28, 2026.

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IDEV vs IWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IDEV returned +13.4% to IWO's +7.9%; 1% of their weight is in the same names.

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Net assets: $34.0bn on Oct 28, 2026 for iShares Core MSCI International Developed Markets ETF, and $14.0bn on Oct 27, 2026 for iShares Russell 2000 Growth ETF.

At a glance
+13.4%
IDEV total return, 1 year
+7.9%
IWO total return, 1 year
0.04%
IDEV expense ratio
0.24%
IWO expense ratio

Pair scorecard

IDEV costs 0.20 points a year less; their one-year returns differ by 5.5 points; IDEV is 2.5 times larger.

IDEV vs IWO: Differences, Returns & Fees
MeasureIDEVIWO
Return
Total return, 1 year+13.4%+7.9%
Drawdown
Below its high4.4%, high on Aug 25, 20269.9%, high on Aug 14, 2026
Benchmark
What it tracksMSCI World ex USA Investable Market IndexRussell 2000 Growth Index
Cost and size
Expense ratio0.04%0.24%
Net assets, as of Oct 26, 2026$33.7bn$13.7bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund10.9%6.4%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Mar 31, 2017 to Oct 23, 2026 · 499 weekly returns
IDEV IWO
Return
Total return edge Tie +127.7% +127.2%
Annualized edge Tie +9.0% +8.9%
Price return edge IWO +73.6% +113.7%
Risk
Volatility edge IDEV 17.0% 23.9%
Max drawdown edge IDEV −34.0% −40.5%
Downside capture 97.4% 100.1%
Beta 1.00 1.00
Risk-adjusted
Sharpe edge IDEV 0.44 0.37
Sortino edge IDEV 0.61 0.53
Treynor 0.075 0.111
Calmar edge IDEV 0.26 0.22
Against the benchmark
Alpha +0.5% a year 0.0% a year
Alpha t-stat 0.51 0.06
Information ratio 0.15 0.01
Tracking error 3.3% 1.5%

Each against its own benchmark: IDEV against ACWX, Mar 31, 2017 to Oct 23, 2026; IWO against VTWG, Oct 1, 2010 to Oct 23, 2026.

Reading

IDEV and IWO returned about the same: +127.7% and +127.2%. IDEV swung less: 17.0% to 23.9%. IDEV fell less at its worst: −34.0% to −40.5%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: IDEV vs IWO: Differences, Returns & Fees
MeasureIDEVIWOEdgeHow it is measured
Return
Total return+127.7%+127.2%TiePrice change plus distributions, reinvested.
Annualized+9.0%+8.9%TieTotal return as a yearly rate.
Price return+73.6%+113.7%IWOPrice change alone, distributions left out.
Risk
Volatility17.0%23.9%IDEVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.1%16.6%IDEVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.0%−40.5%IDEVDeepest fall from a high to the low after it.
Upside capture96.5%100.2%Share of its benchmark's rise caught in the weeks it rose.
Downside capture97.4%100.1%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.001.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.961.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.440.37IDEVReturn above Treasury bills per unit of volatility.
Sortino0.610.53IDEVReturn above Treasury bills per unit of downside deviation.
Treynor0.0750.111Return above Treasury bills per unit of beta.
Calmar0.260.22IDEVAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkACWXVTWGThe ETF each fund is measured against.
Alpha+0.5% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.510.06Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.6% to +2.6%−0.7% to +0.7%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.150.01Return against its benchmark per unit of tracking error.
Tracking error3.3%1.5%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 499 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

1%

By the books each fund has filed, IDEV and IWO hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first IDEV IWO
LVMH 0.37% 0.28%
AIRBUS GROUP 0.44% 0.27%
COMPASS GROUP PLC 0.20% 0.41%
CANADIAN NATIONAL RAILWAY 0.22% 0.12%
NN GROUP 0.08% 0.08%
SIEMENS ENERGY N AG 0.39% 0.08%
TERNA RETE ELETTRICA NAZIONALE 0.05% 0.07%
CONTINENTAL AG 0.03% 0.32%
ORANGE SA 0.10% 0.03%
AGL ENERGY LTD 0.02% 0.08%
INDRA SISTEMAS SA 0.02% 0.02%
ORION CLASS B 0.05% 0.02%
Only in one fund ↓
Only in IDEV
ASML HOLDING 2.23%
ROCHE PS PAR AG 1.18%
SHELL 1.06%
HSBC HOLDINGS PLC 1.03%
NOVARTIS AG 1.00%
ROYAL BANK OF CANADA 0.98%
ASTRAZENECA PLC 0.90%
NESTLE SA 0.90%
Only in IWO
JFROG 0.74%
TWIST BIOSCIENCE 0.71%
GLAUKOS 0.70%
MOOG INC CLASS A 0.68%
BRIGHTSPRING HEALTH SERVICES INC 0.66%
RYMAN HOSPITALITY PROPERTIES REIT 0.60%
INTERDIGITAL INC 0.58%
PROTAGONIST THERAPEUTICS 0.58%
Check overlap with more funds →

Side by side

IDEV iShares Core MSCI International Developed Markets ETF IWO iShares Russell 2000 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI International Developed Markets Tracks the Russell 2000 Growth
Total return, 1 year +13.4% +7.9%
Its benchmark over the same days +14.3% (ACWX) +8.0% (VTWG)
Gap to its benchmark −0.9 pts vs ACWX −0.1 pts vs VTWG
Expense ratio 0.04% 0.24%
Already in the S&P 500 0.0% 0.0%
Holdings 2317 1122
Net assets, IDEV as of Oct 28, 2026 and IWO as of Oct 27, 2026 $34.0bn $14.0bn

IDEV and IWO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-20D993A346

IDEV and IWO do different jobs. What does each one do in a portfolio?

  1. What each follows. IDEV follows MSCI World ex USA Investable Market Index and IWO follows Russell 2000 Growth Index.
  2. Holdings in common. 1% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IDEV returned +13.4% and IWO +7.9% with distributions reinvested, a gap of 5.5 points.

Data as of Oct 28, 2026.

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About each fund
IDEV

IDEV tracks the MSCI International Developed Markets. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,317 positions, with the top ten at 10.9%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

IWO

IWO tracks the Russell 2000 Growth. Over the year to Oct 28, 2026 it returned +7.9% with distributions reinvested, against +8.0% for its benchmark, the Russell 2000 Growth Index. The prospectus expense ratio is 0.24% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,122 positions, with the top ten at 6.4%. It sat 9.9% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IDEV or IWO?
In the year to Oct 28, 2026, with distributions reinvested, IDEV returned +13.4% and IWO +7.9%.
Which is cheaper, IDEV or IWO?
IDEV is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IDEV and IWO overlap with the S&P 500?
By their latest filed holdings, 0% of IDEV and 0% of IWO by weight is stocks the S&P 500 already holds.
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ETFIQ, IDEV against IWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/idev-vs-iwo

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