Data as of Oct 28, 2026.

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IWM vs KAUG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWM returned +14.1% to KAUG's +8.4%, and IWM charges 0.19% to KAUG's 0.79%.

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Net assets: $75.5bn on Oct 27, 2026 for iShares Russell 2000 ETF, and $67m on Oct 28, 2026 for Innovator U.S. Small Cap Power Buffer ETF - Aug.

At a glance
+14.1%
IWM total return, 1 year
+8.4%
KAUG total return, 1 year
0.19%
IWM expense ratio
0.79%
KAUG expense ratio

Pair scorecard

IWM costs 0.60 points a year less; their one-year returns differ by 5.7 points; IWM is far larger, $75.5bn against $67m.

IWM vs KAUG: Differences, Returns & Fees
MeasureIWMKAUG
Return
Total return, 1 year+14.1%+8.4%
Drawdown
Below its high7.6%, high on Aug 14, 2026
Benchmark
What it tracksRussell 2000 IndexIWM
The outcome period
Room to the cap19.5%
Buffer left, in index points11.5% of 15.0%
Days left in the period276
Period endsJul 31, 2027
Cost and size
Expense ratio0.19%0.79%
Net assets, as of Oct 27, 2026$75.5bn$67m
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund3.3%

Method

Side by side

IWM iShares Russell 2000 ETF KAUG Innovator U.S. Small Cap Power Buffer ETF - Aug
Where it sits Stock ETF Buffer ETF
What it is Tracks the Russell 2000 Defined outcome, 15% on IWM
Total return, 1 year +14.1% +8.4%
Its benchmark over the same days +14.3% (VTWO) +13.0% (IWM)
Gap to its benchmark −0.2 pts vs VTWO −4.6 pts vs IWM
Expense ratio 0.19% 0.79%
Holdings 1977 not read by ETFIQ
Net assets, IWM as of Oct 27, 2026 and KAUG as of Oct 28, 2026 $75.5bn $67m

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

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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.

KAUG

From its price on Oct 28, 2026, the fund can gain about 19.5% more before it reaches its cap. Protection left, in index points: 11.5% of the 15.0% buffer still sits below today's IWM level. 276 days remained on Oct 28, 2026. On Jul 31, 2027 the period ends and a new cap is set.

Questions people ask

Are IWM and KAUG in the same category?
IWM is a stock ETF and KAUG is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IWM or KAUG?
In the year to Oct 28, 2026, with distributions reinvested, IWM returned +14.1% and KAUG +8.4%.
Which is cheaper, IWM or KAUG?
IWM is cheaper, by 0.60 percentage points a year. That is about $60 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IWM against KAUG, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwm-vs-kaug

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