Which returned more over the last year, IWM or PFF?

In the year to Oct 28, 2026, with distributions reinvested, IWM returned +14.1% and PFF −4.2%.

Which is cheaper, IWM or PFF?

IWM is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IWM and PFF overlap with the S&P 500?

By their latest filed holdings, 0% of IWM and 0% of PFF by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IWM vs PFF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWM returned +14.1% to PFF's −4.2%; 4% of their weight is in the same names.

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Net assets on Oct 27, 2026: $75.5bn for iShares Russell 2000 ETF and $11.8bn for iShares Preferred and Income Securities ETF.

IWM on its own →PFF on its own →

At a glance

+14.1%

IWM total return, 1 year

−4.2%

PFF total return, 1 year

0.19%

IWM expense ratio

0.45%

PFF expense ratio

Pair scorecard

IWM costs 0.26 points a year less; their one-year returns differ by 18.3 points; IWM is 6.4 times larger.

IWM vs PFF: Differences, Returns & Fees
Measure	IWM	PFF
Return
Measure	IWM	PFF
Total return, 1 year	+14.1%	−4.2%
Drawdown
Measure	IWM	PFF
Below its high	7.6%, high on Aug 14, 2026	7.1%, high on May 8, 2026
Benchmark
Measure	IWM	PFF
What it tracks	Russell 2000 Index	ICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Measure	IWM	PFF
Expense ratio	0.19%	0.45%
Net assets, as of Oct 27, 2026	$75.5bn	$11.8bn
Holdings
Measure	IWM	PFF
Holdings in common	4%
Top ten holdings, share of the fund	3.3%	22.7%

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

What they share

By the books each fund has filed, IWM and PFF hold 4% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first IWM PFF

BRIGHTSPRING HEALTH SERVICES INC 0.33% 0.78%

JACKSON FINANCIAL CLASS A 0.29% 0.28%

UMB FINANCIAL 0.33% 0.16%

ASSOCIATED BANCORP 0.17% 0.15%

VSE CORP 0.14% 0.19%

TELEPHONE AND DATA SYSTEMS 0.12% 0.24%

WESBANCO 0.13% 0.12%

TEXAS CAPITAL BANCSHARES 0.15% 0.11%

FLAGSTAR BANK NATIONAL ASSOCIATION 0.10% 0.25%

SL GREEN REALTY REIT CORP 0.12% 0.10%

BANC OF CALIFORNIA 0.09% 0.27%

BANK OF HAWAII 0.09% 0.09%

Only in one fund ↓

Only in IWM

JFROG 0.37%

GLAUKOS 0.35%

TWIST BIOSCIENCE 0.35%

MOOG INC CLASS A 0.34%

SM ENERGY 0.32%

10X GENOMICS CLASS A 0.31%

RYMAN HOSPITALITY PROPERTIES REIT 0.30%

VIASAT INC 0.30%

Only in PFF

STRATEGY INC 3.53%

BOEING CO 3.11%

HEWLETT PACKARD ENTERPRISE CONV PR 2.36%

ALPHABET INC 2.31%

SUPER MICRO COMPUTER INC 2.27%

ALPHABET INC 2.26%

WELLS FARGO & COMPANY SERIES L 2.14%

ORACLE CORPORATION 2.06%

Check overlap with more funds →

Side by side

IWM iShares Russell 2000 ETF PFF iShares Preferred and Income Securities ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the Russell 2000 Tracks an index of Preferred and Income Securities

Total return, 1 year +14.1% −4.2%

Its benchmark over the same days +14.3% (VTWO) +13.6% (MLRG)

Gap to its benchmark −0.2 pts vs VTWO −17.8 pts vs MLRG

Expense ratio 0.19% 0.45%

Already in the S&P 500 0.0% 0.0%

Holdings 1977 453

Net assets, as of Oct 27, 2026 $75.5bn $11.8bn

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

Alert

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.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% 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 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWM or PFF?: In the year to Oct 28, 2026, with distributions reinvested, IWM returned +14.1% and PFF −4.2%.
Which is cheaper, IWM or PFF?: IWM is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWM and PFF overlap with the S&P 500?: By their latest filed holdings, 0% of IWM and 0% of PFF by weight is stocks the S&P 500 already holds.

Other comparisons

IWM vs SPSB EMB vs IWM IWM vs VGLT IWM vs VUSB PFF vs VB PFF vs VTWO IJR vs PFF IJT vs PFF

Where to next

IWM on its own →PFF on its own →Hold both: look the portfolio through →Rankings →IWM dividend history →IWM holdings →PFF dividend history →PFF holdings →Standards and sources →

Sources and dates

IWM and PFF filings on SEC EDGAR ↗

IWM and PFF prospectus with the expense ratio (SEC) ↗

iShares page for IWM ↗

iShares page for PFF ↗

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

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

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

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