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ETFs

iShares Russell 2000 ETF

IWM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 22 2000
Expense Ratio
0.19%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$5,387,390,700
AUM
$49,789,234,658
Associated Index
Russell 2000 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SWAV
ShockWave Medical Inc
0.44%
INSP
Inspire Medical Systems Inc
0.38%
APLS
Apellis Pharmaceuticals Inc
0.36%
SMCI
Super Micro Computer Inc
0.35%
EME
Emcor Group, Inc.
0.34%
TXRH
Texas Roadhouse Inc
0.33%
IRDM
Iridium Communications Inc
0.33%
CELH
Celsius Holdings Inc
0.32%
KRTX
Karuna Therapeutics Inc
0.32%
SAIA
Saia Inc.
0.32%
Invest with IWM

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.

ETFs related toIWM

ETFs correlated to IWM include TNA, URTY, UWM

IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BKSE
BNY Mellon ETF Trust - BNY Mellon US Small Cap Core Equity ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIWM

#IWM

Russell 2000

Category

Benchmarks

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IWM using Composer

FAQ

IWM is a US Equities ETF. 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.

IWM tracks the Russell 2000 Index.

No, IWM is not actively managed. It is passively managed. 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.

Yes, IWM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IWM is 0.0142%. This is the percent change in the value of IWM over the most recent 1-month period. The 3-month return on IWM is -0.0604%. This is the percent change in the value of IWM over the most recent 3-month period.

The standard deviation of IWM for the past year is 0.2509%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IWM include KJUL, KJAN, and KAPR.

ETFs correlated to IWM include TNA, URTY, and UWM.

ETFs that are inversely correlated to IWM include TZA, SRTY, and TWM.

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.