Data as of Oct 28, 2026.

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IWC vs SHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWC returned +16.5% to SHY's +1.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $1.2bn for iShares Micro-Cap ETF and $27.4bn for iShares 1-3 Year Treasury Bond ETF.

At a glance
+16.5%
IWC total return, 1 year
+1.6%
SHY total return, 1 year
0.60%
IWC expense ratio
0.15%
SHY expense ratio

Pair scorecard

SHY costs 0.45 points a year less; their one-year returns differ by 14.9 points; SHY is far larger, $27.4bn against $1.2bn.

IWC vs SHY: Differences, Returns & Fees
MeasureIWCSHY
Return
Total return, 1 year+16.5%+1.6%
Drawdown
Below its high9.5%, high on Aug 14, 2026
Benchmark
What it tracksRussell Microcap IndexICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Expense ratio0.60%0.15%
Net assets, as of Oct 27, 2026$1.2bn$27.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight92%
Top ten holdings, share of the fund5.9%

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

What they share

0%

By the books each fund has filed, IWC and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWC SHY
Only in one fund ↓
Only in IWC
CAREDX 0.88%
PENGUIN SOLUTIONS INC 0.73%
NURIX THERAPEUTICS 0.63%
SELLAS LIFE SCIENCES GROUP INC 0.60%
VIRIDIAN THERAPEUTICS ORS 0.59%
OUSTER 0.53%
INTERFACE 0.52%
STRIVE INC CLASS A 0.50%
Only in SHY
TREASURY NOTE 2.11%
TREASURY NOTE 1.99%
TREASURY NOTE 1.83%
TREASURY NOTE 1.73%
TREASURY NOTE 1.62%
TREASURY NOTE 1.54%
TREASURY NOTE 1.51%
TREASURY NOTE 1.49%
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Side by side

IWC iShares Micro-Cap ETF SHY iShares 1-3 Year Treasury Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the Russell Microcap Tracks an index of 1-3 Year Treasury Bond
Total return, 1 year +16.5% +1.6%
Its benchmark over the same days +13.3% (IWV) +1.7% (BBSB)
Gap to its benchmark +3.2 pts vs IWV −0.1 pts vs BBSB
Expense ratio 0.60% 0.15%
Holdings 1365 90
Net assets, as of Oct 27, 2026 $1.2bn $27.4bn

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

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About each fund
IWC

Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, IWC or SHY?
In the year to Oct 28, 2026, with distributions reinvested, IWC returned +16.5% and SHY +1.6%.
Which is cheaper, IWC or SHY?
SHY is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IWC against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwc-vs-shy

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