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ITWO vs IWB

ProShares Russell 2000 High Income ETF vs iShares Russell 1000 ETF

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

Key differences

ITWO is an alternative ETF, while IWB is an equity ETF. ITWO charges 0.55% a year and IWB 0.15%.

  • ITWO is an alternative fund, while IWB is an equity fund. They carry different risk/return profiles.
  • ITWO follows a option income strategy; IWB uses index tracking.
  • IWB costs 0.40% less per year.
  • IWB is much larger than ITWO. Larger funds are usually more liquid and less likely to close.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ITWOIWB
Annual cost (TER)0.55%0.15%
Fund size (AUM)$188M$48.9B
Since20242000
Dividend yield7.82%0.91%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.2%+24.3%
CAGR 3YN/A+22.2%
CAGR 5YN/A+12.6%
Sharpe 3YN/A1.17
Volatility 1Y18.99%12.22%
Max drawdown-24.77%-34.60%

Similar to ITWO and IWB