IQ

Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

IWM vs KSEP: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, IWM returned +14.1% to KSEP's +10.8%, and IWM charges 0.19% to KSEP's 0.79%.

askIQ about this page

askIQ about IWM and KSEP

Net assets: $75.5bn on Oct 27, 2026 for iShares Russell 2000 ETF, and $41m on Oct 28, 2026 for Innovator U.S. Small Cap Power Buffer ETF - Sep.

IWM on its own →KSEP on its own →
At a glance
+14.1%
IWM total return, 1 year
+10.8%
KSEP total return, 1 year
0.19%
IWM expense ratio
0.79%
KSEP expense ratio

Pair scorecard

IWM costs 0.60 points a year less; their one-year returns differ by 3.3 points; IWM is far larger, $75.5bn against $41m.

IWM vs KSEP: Differences, Returns & Fees
MeasureIWMKSEP
Return
Total return, 1 year+14.1%+10.8%
Drawdown
Below its high7.6%, high on Aug 14, 2026
Benchmark
What it tracksRussell 2000 IndexIWM
The outcome period
Room to the cap20.2%
Buffer left, in index points10.6% of 15.0%
Days left in the period307
Period endsAug 31, 2027
Cost and size
Expense ratio0.19%0.79%
Net assets, as of Oct 27, 2026$75.5bn$41m
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 KSEP Innovator U.S. Small Cap Power Buffer ETF - Sep
Where it sits Stock ETF Buffer ETF
Issuer iShares Innovator
What it is Tracks the Russell 2000 Defined outcome, 15% on IWM
Total return, 1 year +14.1% +10.8%
Its benchmark over the same days +14.3% (VTWO) +13.0% (IWM)
Gap to its benchmark −0.2 pts vs VTWO −2.2 pts vs IWM
Expense ratio 0.19% 0.79%
Holdings 1977 not read by ETFIQ
Net assets, IWM as of Oct 27, 2026 and KSEP as of Oct 28, 2026 $75.5bn $41m

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

Alert

IWM and KSEP flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

KSEP

From its price on Oct 28, 2026, the fund can gain about 20.2% more before it reaches its cap. Protection left, in index points: 10.6% of the 15.0% buffer still sits below today's IWM level. 307 days remained on Oct 28, 2026. On Aug 31, 2027 the period ends and a new cap is set.

Questions people ask

Are IWM and KSEP in the same category?
IWM is a stock ETF and KSEP 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 KSEP?
In the year to Oct 28, 2026, with distributions reinvested, IWM returned +14.1% and KSEP +10.8%.
Which is cheaper, IWM or KSEP?
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.
Other comparisons
IWM vs KMARCPRO vs IWMIWM vs KAUGIWM vs KDECKSEP vs VTWOIJR vs KSEPIWM vs RBUFCPRA vs IWM
Where to next
IWM on its own →KSEP on its own →Hold both: look the portfolio through →Rankings →IWM dividend history →IWM holdings →Standards and sources →
Sources and dates
IWM filings on SEC EDGAR ↗
IWM prospectus with the expense ratio (SEC) ↗
iShares page for IWM ↗
KSEP filings on SEC EDGAR ↗
Innovator page for KSEP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, IWM against KSEP, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwm-vs-ksep

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.