Data as of Oct 28, 2026.

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IWM vs QBKV: Differences, Returns & Fees

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IWM and QBKV are measured over different days, and IWM charges 0.19% to QBKV's 0.74%.

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Net assets on Oct 27, 2026: $75.5bn for iShares Russell 2000 ETF and $7.4m for AllianzIM U.S. Small Cap Buffer5 ETF - Jan.

At a glance
+14.1%
IWM total return, 1 year
+7.6%
QBKV total return, since launch, Apr 1, 2026
0.19%
IWM expense ratio
0.74%
QBKV expense ratio

Pair scorecard

IWM costs 0.55 points a year less; IWM is far larger, $75.5bn against $7.4m.

IWM vs QBKV: Differences, Returns & Fees
MeasureIWMQBKV
Return
Total return, 1 year+14.1%not published
Drawdown
Below its high7.6%, high on Aug 14, 2026
Index fall to the buffer1.2%
Fund price fall to the buffer1.3%
Benchmark
What it tracksRussell 2000 IndexIWM
The outcome period
Room to the cap6.4%
Buffer left, in index points5.0% of 5.0%
Days left in the period64
Period endsDec 31, 2026
Cost and size
Expense ratio0.19%0.74%
Net assets, as of Oct 27, 2026$75.5bn$7.4m
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 QBKV AllianzIM U.S. Small Cap Buffer5 ETF - Jan
Where it sits Stock ETF Buffer ETF
What it is Tracks the Russell 2000 Defined outcome, 5% on IWM
Total return, 1 year +14.1% +7.6% (since launch, Apr 1, 2026)
Its benchmark over the same days +14.3% (VTWO) +12.7% (IWM) (since launch, Apr 1, 2026)
Gap to its benchmark −0.2 pts vs VTWO −5.1 pts vs IWM (since launch, Apr 1, 2026)
Expense ratio 0.19% 0.74%
Holdings 1977 not read by ETFIQ
Net assets, as of Oct 27, 2026 $75.5bn $7.4m

IWM and QBKV 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.

QBKV

From its price on Oct 28, 2026, the fund can gain about 6.4% more before it reaches its cap. The fund's price can fall 1.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, IWM can fall 1.2% from today's level to the point where the buffer begins. Protection left, in index points: 5.0% of the 5.0% buffer still sits below today's IWM level. 64 days remained on Oct 28, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Are IWM and QBKV in the same category?
IWM is a stock ETF and QBKV is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, IWM or QBKV?
IWM is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, IWM against QBKV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwm-vs-qbkv

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