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ITWO vs SMMD

ProShares Russell 2000 High Income ETF vs iShares Russell 2500 ETF

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

SMMD

iShares Russell 2500 ETF

Annual cost

0.15%

Fund size

$3.4B

Key differences

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

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

Side-by-side comparison

ITWOSMMD
Annual cost (TER)0.55%0.15%
Fund size (AUM)$188M$3.4B
Since20242017
Dividend yield7.82%1.05%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.2%+32.9%
CAGR 3YN/A+19.1%
CAGR 5YN/A+7.2%
Sharpe 3YN/A0.82
Volatility 1Y18.99%17.44%
Max drawdown-24.77%-41.06%

Similar to ITWO and SMMD