Data as of Oct 28, 2026.

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IWM vs IXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWM and IXUS finished level, +14.1% against +14.1%, and they share 2% of their weight.

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Net assets on Oct 27, 2026: $75.5bn for iShares Russell 2000 ETF and $57.6bn for iShares Core MSCI Total International Stock ETF.

At a glance
+14.1%
IWM total return, 1 year
+14.1%
IXUS total return, 1 year
0.19%
IWM expense ratio
0.07%
IXUS expense ratio

Pair scorecard

IXUS costs 0.12 points a year less; both returned +14.1% over a year; IWM is 1.3 times larger.

IWM vs IXUS: Differences, Returns & Fees
MeasureIWMIXUS
Return
Total return, 1 year+14.1%+14.1%
Drawdown
Below its high7.6%, high on Aug 14, 20264.9%, high on Sep 4, 2026
Benchmark
What it tracksRussell 2000 IndexMSCI ACWI ex USA IMI
Cost and size
Expense ratio0.19%0.07%
Net assets, as of Oct 27, 2026$75.5bn$57.6bn
Holdings
Holdings in common2%
Top ten holdings, share of the fund3.3%13.5%

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

Risk and return

Nov 2, 2012 to Oct 23, 2026 · 729 weekly returns
IWM IXUS
Return
Total return edge IWM +309.3% +177.4%
Annualized edge IWM +10.6% +7.5%
Price return edge IWM +239.6% +90.2%
Risk
Volatility edge IXUS 21.0% 15.8%
Max drawdown edge IXUS −40.2% −34.6%
Downside capture 100.5% 99.4%
Beta 1.01 0.99
Risk-adjusted
Sharpe edge IWM 0.50 0.42
Sortino edge IWM 0.72 0.59
Treynor 0.106 0.068
Calmar edge IWM 0.26 0.22
Against the benchmark
Alpha −0.1% a year +0.3% a year
Alpha t-stat −0.36 0.64
Information ratio −0.02 0.14
Tracking error 1.0% 1.5%

Each against its own benchmark: IWM against VTWO, Oct 1, 2010 to Oct 23, 2026; IXUS against ACWX, Nov 2, 2012 to Oct 23, 2026.

Reading

IWM returned more: +309.3% to +177.4%. IXUS swung less: 15.8% to 21.0%. IXUS fell less at its worst: −34.6% to −40.2%.

Full scorecard

19 measures, with how each is measured
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Risk and return: IWM vs IXUS: Differences, Returns & Fees
MeasureIWMIXUSEdgeHow it is measured
Return
Total return+309.3%+177.4%IWMPrice change plus distributions, reinvested.
Annualized+10.6%+7.5%IWMTotal return as a yearly rate.
Price return+239.6%+90.2%IWMPrice change alone, distributions left out.
Risk
Volatility21.0%15.8%IXUSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.4%11.3%IXUSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−40.2%−34.6%IXUSDeepest fall from a high to the low after it.
Upside capture101.0%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.5%99.4%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.010.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.500.42IWMReturn above Treasury bills per unit of volatility.
Sortino0.720.59IWMReturn above Treasury bills per unit of downside deviation.
Treynor0.1060.068Return above Treasury bills per unit of beta.
Calmar0.260.22IWMAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVTWOACWXThe ETF each fund is measured against.
Alpha−0.1% a year+0.3% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.360.64Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.6% to +0.4%−0.5% to +1.1%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.020.14Return against its benchmark per unit of tracking error.
Tracking error1.0%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, 729 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

2%

By the books each fund has filed, IWM and IXUS hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IWM IXUS
CORE NATURAL RESOURCES 0.16% 0.16%
COMPASS INC CLASS A 0.24% 0.14%
MOELIS CLASS A 0.14% 0.26%
AAR 0.13% 0.31%
UNITED COMMUNITY BANKS INC 0.15% 0.09%
ORMAT TECH INC 0.19% 0.07%
C3 AI CLASS A 0.06% 0.29%
ENERGIZER HOLDINGS 0.05% 0.27%
MINERALS TECHNOLOGIES 0.06% 0.05%
NEXTNAV 0.04% 0.05%
TRINITY INDUSTRIES INC 0.07% 0.04%
VALARIS LTD 0.19% 0.04%
Only in one fund ↓
Only in IWM
JFROG 0.37%
GLAUKOS 0.35%
TWIST BIOSCIENCE 0.35%
MOOG INC CLASS A 0.34%
BRIGHTSPRING HEALTH SERVICES INC 0.33%
UMB FINANCIAL 0.33%
RYMAN HOSPITALITY PROPERTIES REIT 0.30%
VIASAT INC 0.30%
Only in IXUS
TAIWAN SEMICONDUCTOR MANUFACTURING 4.39%
SAMSUNG ELECTRONICS LTD 1.90%
ASML HOLDING 1.53%
SK HYNIX 1.35%
ROCHE PS PAR AG 0.82%
SHELL 0.73%
TENCENT HOLDINGS 0.73%
HSBC HOLDINGS PLC 0.72%
Check overlap with more funds →

Side by side

IWM iShares Russell 2000 ETF IXUS iShares Core MSCI Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 2000 Tracks the MSCI Total International Stock
Total return, 1 year +14.1% +14.1%
Its benchmark over the same days +14.3% (VTWO) +14.3% (ACWX)
Gap to its benchmark −0.2 pts vs VTWO −0.2 pts vs ACWX
Expense ratio 0.19% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 1977 4584
Net assets, as of Oct 27, 2026 $75.5bn $57.6bn

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

Client brief · page 1 of 2 Report BR-8F74C80B13

IWM and IXUS do different jobs. What does each one do in a portfolio?

  1. What each follows. IWM follows Russell 2000 Index and IXUS follows MSCI ACWI ex USA IMI.
  2. Holdings in common. 2% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Cost. IWM charges 0.19% of assets a year and IXUS 0.07%, a gap of 0.12 points.

Data as of Oct 28, 2026.

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About each fund
IWM

IWM tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +14.3% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.19% 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 1,977 positions, with the top ten at 3.3%. It sat 7.6% below its high of Aug 14, 2026 on Oct 28, 2026.

IXUS

IXUS tracks the MSCI Total International Stock. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 4,584 positions, with the top ten at 13.5%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWM or IXUS?
In the year to Oct 28, 2026, with distributions reinvested, IWM returned +14.1% and IXUS +14.1%.
Which is cheaper, IWM or IXUS?
IXUS is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWM and IXUS overlap with the S&P 500?
By their latest filed holdings, 0% of IWM and 0% of IXUS by weight is stocks the S&P 500 already holds.
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ETFIQ, IWM against IXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwm-vs-ixus

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