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 (IWN) is a US Small Cap fund managed by iShares with $14.5 billion in assets under management. Trading at a price of $220.58, the fund holds an overall rank of #87 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of B with a score of 72.2 out of 100. Investors can access this vehicle with an expense ratio of 0.24% while receiving a dividend yield of 0.93%. The substantial asset size and moderate price point suggest significant investor adoption within the 18 ETFs tracked in this specific category. This positioning places the fund in the upper tier of its broad universe despite ranking in the middle of its specific small-cap peers. The combination of a B grade and a 72.2 score reflects a balanced profile relative to the broader market of 458 funds. Its cost structure and income generation remain consistent with the characteristics expected of a large-cap value-oriented small-cap strategy.

Over the most recent trading day, the fund declined by 0.66% before extending losses to 1.61% over the one-week period. A reversal occurred in the one-month timeframe where returns turned positive at 1.39%, followed by a stronger acceleration to 7.34% over three months. This upward momentum continued into the six-month horizon with a gain of 12.34%, while year-to-date performance reached 21.39%. The one-year return expanded significantly to 35.33%, and the three-year total return stands at 55.59%. The data indicates a pattern where short-term volatility gave way to sustained growth over longer holding periods. Recent monthly gains appear to be part of a broader trend of increasing returns as the investment horizon extends from one week to three years.

The fund carries a Moderate volatility label and a beta of 1.08, indicating that its price movements tend to be slightly more sensitive to market fluctuations than the broader benchmark. A Sharpe ratio of 1.73 suggests that the fund has generated a relatively high amount of return per unit of risk taken over the measured period. However, the maximum drawdown of -26.71% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a deep drawdown implies that the fund experiences amplified swings in both rising and falling markets. The high Sharpe ratio contrasts with the severe drawdown, showing that while risk-adjusted returns have been strong historically, the path to those returns involved periods of substantial decline. Investors should expect behavior that mirrors the market with slightly higher intensity, punctuated by notable periods of stress.

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

IWN Top Holdings

Holdings as of 2025-09-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.7% 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 — HYG overlaps most, holding 2 of the same companies as IWN's top 10 (9.4% 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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 0.05% and average daily volume is 664K/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 $14.5B 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