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ITWO vs IWX

ProShares Russell 2000 High Income ETF vs iShares Russell Top 200 Value ETF

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

IWX

iShares Russell Top 200 Value ETF

Annual cost

0.20%

Fund size

$3.5B

Key differences

ITWO is an alternative ETF, while IWX is an equity ETF. ITWO charges 0.55% a year and IWX 0.20%.

  • ITWO is an alternative fund, while IWX is an equity fund. They carry different risk/return profiles.
  • ITWO follows a option income strategy; IWX uses index tracking.
  • IWX costs 0.35% less per year.
  • IWX is much larger than ITWO. Larger funds are usually more liquid and less likely to close.
  • IWX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ITWOIWX
Annual cost (TER)0.55%0.20%
Fund size (AUM)$188M$3.5B
Since20242009
Dividend yield7.82%1.49%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.2%+27.9%
CAGR 3YN/A+19.3%
CAGR 5YN/A+11.0%
Sharpe 3YN/A1.23
Volatility 1Y18.99%10.22%
Max drawdown-24.77%-35.76%

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