Which returned more over the last year, IWN or SLYV?

In the year to Oct 28, 2026, with distributions reinvested, IWN returned +21.1% and SLYV +19.2%.

Which is cheaper, IWN or SLYV?

SLYV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IWN and SLYV overlap with the S&P 500?

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

Data as of Oct 28, 2026.

Across categories

IWN vs SLYV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWN returned +21.1% to SLYV's +19.2%; 41% of their weight is in the same names.

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Net assets on Oct 27, 2026: $14.0bn for iShares Russell 2000 Value ETF and $4.8bn for State Street SPDR S & P 600 Small Cap Value ETF.

IWN on its own →SLYV on its own →

At a glance

+21.1%

IWN total return, 1 year

+19.2%

SLYV total return, 1 year

0.24%

IWN expense ratio

0.15%

SLYV expense ratio

Pair scorecard

SLYV costs 0.09 points a year less; their one-year returns differ by 1.9 points; IWN is 2.9 times larger.

IWN vs SLYV: Differences, Returns & Fees
Measure	IWN	SLYV
Return
Measure	IWN	SLYV
Total return, 1 year	+21.1%	+19.2%
Drawdown
Measure	IWN	SLYV
Below its high	5.2%, high on Aug 14, 2026	5.6%, high on Aug 14, 2026
Benchmark
Measure	IWN	SLYV
What it tracks	Russell 2000 Value Index	S&P SmallCap 600 Value Index
Cost and size
Measure	IWN	SLYV
Expense ratio	0.24%	0.15%
Net assets, as of Oct 27, 2026	$14.0bn	$4.8bn
Holdings
Measure	IWN	SLYV
Holdings in common	41%
Top ten holdings, share of the fund	5.4%	8.9%

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

Risk and return

Oct 13, 2000 to Oct 23, 2026 · 1,358 weekly returns

IWN SLYV

Return

Total return edge SLYV +910.2% +1,264.3%

Annualized edge SLYV +9.3% +10.5%

Price return edge IWN (slight) +518.0% +501.7%

Risk

Volatility edge Tie 22.3% 22.4%

Max drawdown edge Tie −60.6% −60.9%

Downside capture 100.2% 97.0%

Beta 1.00 0.96

Risk-adjusted

Sharpe edge SLYV 0.43 0.48

Sortino edge SLYV 0.62 0.69

Treynor 0.102 0.112

Calmar edge SLYV 0.15 0.17

Against the benchmark

Alpha −0.1% a year +1.1% a year

Alpha t-stat −0.09 1.12

Information ratio −0.01 0.14

Tracking error 2.3% 5.1%

Each against its own benchmark: IWN against VTWV, Oct 1, 2010 to Oct 23, 2026; SLYV against IJS, Oct 13, 2000 to Oct 23, 2026.

Reading

SLYV returned more: +1,264.3% to +910.2%. IWN and SLYV swung about the same: 22.3% and 22.4%. IWN and SLYV fell about the same at their worst: −60.6% and −60.9%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: IWN vs SLYV: Differences, Returns & Fees
Measure	IWN	SLYV	Edge	How it is measured
Return
Total return	+910.2%	+1,264.3%	SLYV	Price change plus distributions, reinvested.
Annualized	+9.3%	+10.5%	SLYV	Total return as a yearly rate.
Price return	+518.0%	+501.7%	IWN (slight)	Price change alone, distributions left out.
Risk
Volatility	22.3%	22.4%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.5%	15.5%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−60.6%	−60.9%	Tie	Deepest fall from a high to the low after it.
Upside capture	100.2%	94.2%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	100.2%	97.0%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.00	0.96	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.99	0.95	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.43	0.48	SLYV	Return above Treasury bills per unit of volatility.
Sortino	0.62	0.69	SLYV	Return above Treasury bills per unit of downside deviation.
Treynor	0.102	0.112		Return above Treasury bills per unit of beta.
Calmar	0.15	0.17	SLYV	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	VTWV	IJS		The ETF each fund is measured against.
Alpha	−0.1% a year	+1.1% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.09	1.12	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−1.2% to +1.1%	−0.8% to +3.0%	Includes zero	The 95% range for the yearly alpha.
Information ratio	−0.01	0.14		Return against its benchmark per unit of tracking error.
Tracking error	2.3%	5.1%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,358 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

41%

By the books each fund has filed, IWN and SLYV hold 41% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

41% in common

Positions both hold · largest shared weight first IWN SLYV

SM ENERGY 0.60% 1.01%

JACKSON FINANCIAL CLASS A 0.59% 0.91%

MATSON INC 0.47% 0.75%

ATLANTIC UNION BANKSHARES 0.38% 0.61%

INSIGHT ENTERPRISES INC 0.36% 0.57%

MACERICH REIT 0.47% 0.35%

RXO INC 0.31% 0.52%

PATTERSON UTI ENERGY INC 0.30% 0.51%

EASTERN BANKSHARES INC 0.30% 0.52%

SIGNET JEWELERS 0.30% 0.49%

CRESCENT ENERGY CLASS A 0.30% 0.49%

FULTON FINANCIAL 0.30% 0.49%

Only in one fund ↓

Only in IWN

UMB FINANCIAL 0.61%

VIASAT INC 0.60%

CARETRUST REIT 0.58%

OLD NATIONAL BANCORP 0.52%

CYTOKINETICS 0.49%

PBF ENERGY CLASS A 0.49%

SOUTHWEST GAS HOLDINGS 0.46%

UNITED BANKSHARES 0.44%

Only in SLYV

PAYCOM SOFTWARE INC 1.09%

MATCH GROUP INC 1.09%

CARMAX INC 0.83%

EASTMAN CHEMICAL CO 0.82%

LAMB WESTON HOLDINGS INC 0.80%

VICTORIA S SECRET + CO 0.79%

POOL CORP 0.77%

LINCOLN NATIONAL CORP 0.75%

Check overlap with more funds →

Side by side

IWN iShares Russell 2000 Value ETF SLYV State Street SPDR S & P 600 Small Cap Value ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index Tracks an index

Total return, 1 year +21.1% +19.2%

Its benchmark over the same days +21.3% (VTWV) +19.3% (IJS)

Gap to its benchmark −0.2 pts vs VTWV −0.1 pts vs IJS

Expense ratio 0.24% 0.15%

Already in the S&P 500 0.0% 0.0%

Holdings 1405 464

Net assets, as of Oct 27, 2026 $14.0bn $4.8bn

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

Client brief · page 1 of 2 Report BR-7F6A2E832A

IWN and SLYV are built for the same job. How do they differ in cost, holdings and results?

What each follows. IWN follows Russell 2000 Value Index and SLYV follows S&P SmallCap 600 Value Index.
Holdings in common. 41% of the weight is in the same securities (holdings dated Oct 27, 2026).
Number of holdings. IWN holds 1,405 positions and SLYV holds 464.

Data as of Oct 28, 2026.

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About each fund

IWN

IWN tracks an index. Over the year to Oct 28, 2026 it returned +21.1% with distributions reinvested, against +21.3% for its benchmark, the Russell 2000 Value Index. The prospectus expense ratio is 0.24% 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 1,405 positions, with the top ten at 5.4%. It sat 5.2% below its high of Aug 14, 2026 on Oct 28, 2026.

SLYV

SLYV tracks an index. Over the year to Oct 28, 2026 it returned +19.2% with distributions reinvested, against +19.3% for its benchmark, the S&P SmallCap 600 Value Index. The prospectus expense ratio is 0.15% 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 464 positions, with the top ten at 8.9%. It sat 5.6% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWN or SLYV?: In the year to Oct 28, 2026, with distributions reinvested, IWN returned +21.1% and SLYV +19.2%.
Which is cheaper, IWN or SLYV?: SLYV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWN and SLYV overlap with the S&P 500?: By their latest filed holdings, 0% of IWN and 0% of SLYV by weight is stocks the S&P 500 already holds.

Other comparisons

DON vs IWN CALF vs IWN IWN vs RWJ IWN vs USVM AVUV vs SLYV SLYV vs VBR BSVO vs SLYV CALF vs SLYV

Where to next

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

Sources and dates

IWN filings on SEC EDGAR ↗

IWN prospectus with the expense ratio (SEC) ↗

iShares page for IWN ↗

SLYV filings on SEC EDGAR ↗

SLYV prospectus with the expense ratio (SEC) ↗

State Street website ↗

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, IWN against SLYV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwn-vs-slyv

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