IWN — iShares Russell 2000 Value ETF

IWN Price Performance — Growth of $10,000

Value of a $10,000 investment in IWN over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IWN Drawdown

The "underwater" chart: IWN's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Russell 2000 Value ETF is a US Small Cap fund issued by iShares with $14.4 billion in assets under management. It holds a B grade and ranks 1 of 18 within its category, placing it at #103 overall among 458 tracked ETFs. The fund’s 0.24% expense ratio exceeds the category median of 0.15%, while its 0.92% dividend yield sits slightly above the 0.90% median. Top holdings account for 10.1% of assets, with the largest position being BlackRock Funds III at 5.1%.

The fund has delivered a 1-year return of +27.42%, outperforming the category median of +21.69% and a year-to-date gain of +21.34%. Short-term momentum shows a divergence, with a 1-month decline of -1.70% contrasting against a 3-month rise of +4.29%. The current price of $220.48 sits at 87.5% of its 52-week range, indicating it is near the upper end of recent trading levels. The ETFValuer grade of B has remained unchanged over the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 1.04, the fund moves slightly more than the market, accompanied by 16.40% annualized volatility labeled as Moderate. A Sharpe ratio of 1.37 suggests strong risk-adjusted returns relative to the measured volatility. The maximum drawdown of -26.71% highlights the extent of peak-to-trough losses in the record. Liquidity is evidenced by an average daily volume of 556,191 shares, though the bid/ask spread of 1.36% indicates moderate trading costs.

AI-generated summary based on the data on this page.

IWN Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 10.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IWN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IWN

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IWN's top 10 — IWM overlaps most, holding 4 of the same companies as IWN's top 10 (7.1% of IWN's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.72 (as of 2026-09-08) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IWN Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.36% and average daily volume is 556K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $14.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IWN is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IWN Performance History

How IWN Compares to Other US Small Cap ETFs