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ITWO vs RWL

ProShares Russell 2000 High Income ETF vs Invesco S&P 500 Revenue ETF

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

RWL

Invesco S&P 500 Revenue ETF

Annual cost

0.39%

Fund size

$9.1B

Key differences

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

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

Side-by-side comparison

ITWORWL
Annual cost (TER)0.55%0.39%
Fund size (AUM)$188M$9.1B
Since20242008
Dividend yield7.82%1.24%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.2%+27.5%
CAGR 3YN/A+21.1%
CAGR 5YN/A+13.1%
Sharpe 3YN/A1.33
Volatility 1Y18.99%10.11%
Max drawdown-24.77%-36.04%

Similar to ITWO and RWL