ETF comparison

IWM vs IWN

Both US Small Cap.

iShares Russell 2000 ETF · iShares Russell 2000 Value ETF

Holdings overlap

Weighted by ISIN/CUSIP
63.3 %

1,405 positions appear in both funds. Buying equal dollars of IWM and IWN would leave roughly 63.3% of each dollar exposed to the same underlying securities.

IWM only 50.8% Shared 63.3% IWN only 44.6%
In IWM only
539 positions
Shared
1,405 positions
In IWN only
4 positions

Side by side

IWM

iShares Russell 2000 ETF

iShares · US Small Cap

88 composite / 100
Expense ratio
0.19%
Net assets
$82.97B
TTM yield
0.90%
Top-10 conc.
19.5%
IWN

iShares Russell 2000 Value ETF

iShares · US Small Cap

87 composite / 100
Expense ratio
0.24%
Net assets
$14.53B
TTM yield
1.44%
Top-10 conc.
13.7%

Sub-score comparison

81
Cost
76
89
Tax efficiency
88
100
Liquidity
100
86
Concentration
95
Tracking quality
IWM sub-score IWN

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IWM is 5 bps cheaper than IWN. On a $100,000 position that's about $50/yr more in fees for IWN.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IWM vs IWN.

Top shared holdings

1,405 shared in total
# Holding In IWM In IWN Overlap
1 BlackRock Funds III 14.24% 8.04% 8.04%
2 Coeur Mining, Inc. 0.65% 0.66% 0.65%
3 EchoStar Corp. 0.54% 1.09% 0.54%
4 Hecla Mining Co. 0.40% 0.62% 0.40%
5 TTM Technologies, Inc. 0.34% 0.69% 0.34%
6 American Healthcare REIT, Inc. 0.29% 0.38% 0.29%
7 Praxis Precision Medicines, Inc. 0.28% 0.53% 0.28%
8 CareTrust REIT, Inc. 0.28% 0.51% 0.28%
9 UMB Financial Corp. 0.28% 0.52% 0.28%
10 Cytokinetics, Inc. 0.27% 0.48% 0.27%
11 SM Energy Co. 0.26% 0.54% 0.26%
12 Old National Bancorp 0.26% 0.47% 0.26%

Only in IWM

539 total
  • Bloom Energy Corp. 1.01%
  • Fabrinet 0.64%
  • Credo Technology Group Holding Ltd. 0.51%
  • Kratos Defense & Security Solutions, Inc. 0.43%
  • Advanced Energy Industries, Inc. 0.41%
  • Sterling Infrastructure, Inc. 0.41%
  • Bridgebio Pharma, Inc. 0.40%
  • Guardant Health, Inc. 0.39%
  • Modine Manufacturing Co. 0.39%
  • Ensign Group, Inc. (The) 0.38%

Only in IWN

4 total
  • Logistic Properties of The Americas 0.00%
  • flyExclusive, Inc. 0.00%
  • N/A 0.00%
  • Arrive AI, Inc. 0.00%

Open IWM or IWN at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.