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ITWO vs RWJ

ProShares Russell 2000 High Income ETF vs Invesco S&P SmallCap 600 Revenue ETF

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

RWJ

Invesco S&P SmallCap 600 Revenue ETF

Annual cost

0.39%

Fund size

$1.9B

Key differences

ITWO is an alternative ETF, while RWJ is an equity ETF. ITWO charges 0.55% a year and RWJ 0.39%.

  • ITWO is an alternative fund, while RWJ is an equity fund. They carry different risk/return profiles.
  • ITWO follows a option income strategy; RWJ uses index tracking.
  • RWJ costs 0.16% less per year.
  • RWJ is much larger than ITWO. Larger funds are usually more liquid and less likely to close.
  • RWJ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ITWORWJ
Annual cost (TER)0.55%0.39%
Fund size (AUM)$188M$1.9B
Since20242008
Dividend yield7.82%1.01%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.2%+37.6%
CAGR 3YN/A+18.6%
CAGR 5YN/A+8.0%
Sharpe 3YN/A0.71
Volatility 1Y18.99%19.42%
Max drawdown-24.77%-51.33%

Similar to ITWO and RWJ