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IWM vs. BND

iShares Russell 2000 ETF

IWM
$--
vs

Vanguard Total Bond Market ETF

BND
$--

Correlation

0.23
IWMiShares Russell 2000 ETF
BNDVanguard Total Bond Market ETF

What is IWM?

The iShares Russell 2000 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the small capitalization sector of the U.S. equity market as represented by the Russell 2000 Index. The index represents the approximately 2000 smallest companies in the Russell 3000 Index.

Snapshot
**

IWM iShares Russell 2000 ETF
BND Vanguard Total Bond Market ETF
Inception date
May 22 2000
Apr 03 2007
Expense ratio
0.19%
0.03%
IWM has a higher expense ratio than BND by 0.16%. This can indicate that it’s more expensive to invest in IWM than BND.
Type
US Equities
US Bonds
IWM targets investing in US Equities, while BND targets investing in US Bonds.
Fund owner
Blackrock (iShares)
Vanguard
IWM is managed by Blackrock (iShares), while BND is managed by Vanguard.
Volume (1m avg. daily)
$4,463,198,665
$433,296,798
Both IWM and BND are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$50,549,436,527
$94,675,540,467
IWM has more assets under management than BND by $44,126,103,940. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Russell 2000 Index
Bloomberg U.S. Aggregate Float Adjusted Index
IWM is based off of the Russell 2000 Index, while BND is based off of the Bloomberg U.S. Aggregate Float Adjusted Index
Inverse/Leveraged
No
No
IWM and BND use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
IWM and BND both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
IWM and BND may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IWM nor BND require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toIWM

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toBND

#PTAC

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Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.