Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETF Comparisons

XLK vs. IWM

Technology Select Sector SPDR Fund

XLK
$—
Today’s Change
— (—)
vs

iShares Russell 2000 ETF

IWM
$—
Today’s Change
— (—)

Correlation

Compare with

Top 10 comparisons with XLK:
Compare:
XLK
Correlation
With:
IWM
iShares Russell 2000 ETF
SwitchTECLDirexion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares1.00FTECFidelity Covington Trust - Fidelity MSCI Information Technology Index ETF1.00VGTVanguard Group, Inc. - Vanguard Information Technology ETF1.00IXNBlackRock Institutional Trust Company N.A. - iShares Global Tech ETF0.99ROMProShares Trust - ProShares Ultra Technology 2x Shares0.99IYWBlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF0.99IGMBlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF0.97QQQInvesco Capital Management LLC - Invesco QQQ Trust Series 10.97TQQQProShares Trust - ProShares UltraPro QQQ 3x Shares0.97QLDProShares Trust - ProShares Ultra QQQ 2x Shares0.97

Top 10 shared holdings

The top 10 holdings shared by XLK and IWM:

There are no shared holdings.
Trade XLK options
Learn more about XLK
Trade IWM options
Learn more about IWM
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

Performance Measures**

for the time period Dec 22, 1998 to Dec 16, 2025

Returns

1M Trailing Return:

3M Trailing Return:

XLK

0.5%

4.8%

IWM

7.7%

5.2%

Diff.

-7.2%

-0.4%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

XLK

-82.0%

25.9%

IWM

-59.1%

24.0%

Diff.

-22.9%

+1.9%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

XLK

0.48

0.12

IWM

0.45

0.14

Diff.

+0.03

-0.02

XLKTechnology Select Sector SPDR Fund
IWMiShares Russell 2000 ETF

What is XLK?

The Technology Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Technology Select Sector Index (ticker: IXT).

Snapshot
**

XLK Technology Select Sector SPDR Fund
IWM iShares Russell 2000 ETF
Inception date
Dec 16, 1998
May 22, 2000
Expense ratio
0.1%
0.19%
XLK has a lower expense ratio than IWM by 0.09%. This can indicate that it’s cheaper to invest in XLK than IWM.
Type
US Equities
US Equities
XLK targets investing in US Equities, while IWM targets investing in US Equities.
Fund owner
State Street (SPDR)
Blackrock (iShares)
XLK is managed by State Street (SPDR), while IWM is managed by Blackrock (iShares).
Volume (1m avg. daily)
$989,437,675
$4,463,198,665
Both XLK and IWM 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
$47,537,945,579
$50,549,436,527
XLK has more assets under management than IWM by $3,011,490,948. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Technology Select Sector Index
Russell 2000 Index
XLK is based off of the S&P Technology Select Sector Index, while IWM is based off of the Russell 2000 Index
Inverse/Leveraged
No
No
Neither XLK nor IWM use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
XLK and IWM 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
XLK and IWM may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither XLK nor IWM require a K1.

Trading Strategies
Related toXLK

Simons KMLM switcher (single pops)| BT 4/13/22 = A.R. 466% / D.D. 22% V2

Category

Tactical, leveraged ETFs, volatility, mean reversion, trend following, regime switching, risk-on/risk-off

OOS Cumulative Return

627.34%

Trading Strategies
Related toIWM

Modified Foreign Rat

Category

Tactical asset allocation, volatility regime, leveraged ETFs, mean reversion, trend following, emerging markets, hedged/cash, daily rebalance

OOS Cumulative Return

574.54%

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.