Data as of Oct 28, 2026.
IWN vs VTWV: Differences, Returns & Fees
Over the year to Oct 28, 2026, IWN returned +21.1% to VTWV's +21.3%; 95% of their weight is in the same names.
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Net assets: $14.0bn on Oct 27, 2026 for iShares Russell 2000 Value ETF, and $1.3bn on Sep 30, 2026 for Vanguard Russell 2000 Value ETF.
Pair scorecard
VTWV costs 0.18 points a year less; their one-year returns differ by 0.2 points; IWN is 10.6 times larger.
| Measure | IWN | VTWV |
|---|---|---|
| Return | ||
| Total return, 1 year | +21.1% | +21.3% |
| Drawdown | ||
| Below its high | 5.2%, high on Aug 14, 2026 | |
| Benchmark | ||
| What it tracks | Russell 2000 Value Index | Russell 2000 Value Index |
| Cost and size | ||
| Expense ratio | 0.24% | 0.06% |
| Net assets, as of Sep 30, 2026 | $13.8bn | $1.3bn |
| Holdings | ||
| Holdings in common | 95% | |
| Top ten holdings, share of the fund | 5.4% | 5.9% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Oct 1, 2010 to Oct 23, 2026 · 838 weekly returnsEach against its own benchmark: IWN against VTWV, Oct 1, 2010 to Oct 23, 2026; VTWV against IWN, Oct 1, 2010 to Oct 23, 2026.
IWN and VTWV returned about the same: +367.9% and +372.9%. IWN and VTWV swung about the same: 21.3% and 21.1%. IWN and VTWV fell about the same at their worst: −44.7% and −44.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IWN | VTWV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +367.9% | +372.9% | Tie | Price change plus distributions, reinvested. |
| Annualized | +10.0% | +10.1% | Tie | Total return as a yearly rate. |
| Price return | +242.1% | +254.6% | VTWV (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.3% | 21.1% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.6% | 14.5% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −44.7% | −44.4% | Tie | Deepest fall from a high to the low after it. |
| Upside capture | 100.2% | 97.8% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 100.2% | 99.1% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 0.99 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.99 | 0.99 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.48 | 0.49 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.70 | 0.71 | Tie | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.102 | 0.104 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.22 | 0.23 | Tie | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VTWV | IWN | The ETF each fund is measured against. | |
| Alpha | −0.1% a year | +0.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.09 | 0.31 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −1.2% to +1.1% | −1.0% to +1.3% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.01 | 0.01 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.3% | 2.3% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 838 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IWN and VTWV hold 95% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
95% in common
Only in one fund ↓
Side by side
IWN and VTWV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IWN and VTWV are built for the same job. How do they differ in cost, holdings and results?
- Cost. IWN charges 0.24% of assets a year and VTWV 0.06%, a gap of 0.18 points.
- Size. IWN has $13.8bn in net assets and VTWV $1.3bn (net assets, as of Sep 30, 2026); IWN is 10.6 times larger.
- What each follows (similar). Both follow Russell 2000 Value Index.
Data as of Oct 28, 2026.
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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.
VTWV
VTWV tracks an index. Over the year to Oct 28, 2026 it returned +21.3% with distributions reinvested, against +21.1% for its benchmark, the Russell 2000 Value Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 1,433 positions, with the top ten at 5.9%.
Questions people ask
- Which returned more over the last year, IWN or VTWV?
- In the year to Oct 28, 2026, with distributions reinvested, IWN returned +21.1% and VTWV +21.3%.
- Which is cheaper, IWN or VTWV?
- VTWV is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
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 VTWV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwn-vs-vtwv
ETFIQ. (Oct 28, 2026). IWN against VTWV. Retrieved from https://etfiq.com/compare/any/iwn-vs-vtwv
[IWN against VTWV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iwn-vs-vtwv)
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