IWO — iShares Russell 2000 Growth ETF

IWO Price Performance — Growth of $10,000

Value of a $10,000 investment in IWO 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.

IWO Drawdown

The "underwater" chart: IWO'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 Growth ETF is a US Small Cap fund issued by iShares with $14.1 billion in assets under management. It holds an ETFValuer grade of C, ranking 18th out of 18 peers in its category and 333rd of 458 tracked ETFs overall. The fund’s 0.24% expense ratio exceeds the category median of 0.15%, while its 0.49% dividend yield trails the median of 1.24%. Top holdings comprise 20.3% of assets, with the largest position being BlackRock Funds III at 14.7%.

The fund’s price sits at 47.2% of its 52-week range, reflecting a mixed return profile across different horizons. Short-term performance shows weakness with declines of 4.11% over one month and 7.42% over three months, contrasting with a 1.94% gain over one week. Year-to-date returns are positive at 5.87%, and the one-year return stands at 7.71%, which is notably lower than the category median of 17.91%. Longer-term data indicates a 71.87% return over three years, though price history is limited to 3.0 years. The ETFValuer grade has remained unchanged at C for the last 35 tracked days.

With a beta of 1.46, the fund exhibits higher sensitivity to market movements compared to the broader market. Annualized volatility is recorded at 21.81%, which is labeled as Moderate, while the Sharpe ratio of 0.12 suggests limited risk-adjusted returns. The maximum drawdown of -28.57% highlights significant historical downside risk. Liquidity is supported by an average daily volume of 461,531 shares, facilitating standard trading activity.

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

IWO Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 20.3% 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 IWO's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IWO

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IWO's top 10 — IWM overlaps most, holding 6 of the same companies as IWO's top 10 (18.1% of IWO'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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IWO Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 462K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $14.1B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IWO 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.

IWO Performance History

How IWO Compares to Other US Small Cap ETFs