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IWM vs. TIP

iShares Russell 2000 ETF

IWM
$--
vs

iShares TIPS Bond ETF

TIP
$--

Correlation

0.23
IWMiShares Russell 2000 ETF
TIPiShares TIPS Bond 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
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IWM iShares Russell 2000 ETF
TIP iShares TIPS Bond ETF
Inception date
May 22 2000
Dec 04 2003
Expense ratio
0.19%
0.19%
IWM and TIP have the same expense ratio, meaning it’s equally as costly to invest in either one.
Type
US Equities
US Bonds
IWM targets investing in US Equities, while TIP targets investing in US Bonds.
Fund owner
Blackrock (iShares)
Blackrock (iShares)
IWM is managed by Blackrock (iShares), while TIP is managed by Blackrock (iShares).
Volume (1m avg. daily)
$4,463,198,665
$275,002,281
Both IWM and TIP 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
$21,035,302,259
IWM has more assets under management than TIP by $29,514,134,268. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Russell 2000 Index
ICE US Treasury Inflation Linked Bond Index
IWM is based off of the Russell 2000 Index, while TIP is based off of the ICE US Treasury Inflation Linked Bond Index
Inverse/Leveraged
No
No
IWM and TIP 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 TIP 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 TIP may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IWM nor TIP 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 toTIP

#ROT

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Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic
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Disclaimers

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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.

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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.