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 $14.9 billion in assets under management. It holds a C grade, ranking 17th out of 18 peers in its category and 250th among all tracked ETFs. The fund’s 0.24% expense ratio exceeds the category median of 0.15%, while its 0.31% dividend yield trails the median of 0.89%. Top holdings account for 20.3% of assets, with the largest position being BlackRock Funds III at 14.7%.

Price action sits at 79.8% of its 52-week range, reflecting a 1-year return of +21.92% that falls short of the category median of +22.79%. Short-term momentum shows divergence, with a 1-month decline of -3.34% contrasting against a 6-month gain of +16.05%. The fund has maintained a C grade for the last 35 tracked days, indicating stable but mediocre ratings. Historical data is limited to 3.0 years, which constrains the depth of long-term trend analysis.

With a beta of 1.43, the fund exhibits higher sensitivity to market movements than the broader index. Annualized volatility of 22.20% is classified as High, contributing to a maximum drawdown of -28.57%. A Sharpe ratio of 0.76 suggests moderate risk-adjusted returns relative to the volatility experienced. Liquidity is characterized by an average daily volume of 441,362 shares and a bid/ask spread of 3.64%.

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: 4.78% (as of 2026-09-04) — 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): 15.30 (as of 2026-09-07) — 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.

IWO Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 3.64% and average daily volume is 441K/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 $14.9B 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