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IWB vs ITWO

iShares Russell 1000 ETF vs ProShares Russell 2000 High Income ETF

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$188M

Key differences

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

  • IWB is an equity fund, while ITWO is an alternative fund. They carry different risk/return profiles.
  • IWB follows a index tracking strategy; ITWO uses option income.
  • 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

IWBITWO
Annual cost (TER)0.15%0.55%
Fund size (AUM)$48.9B$188M
Since20002024
Dividend yield0.91%7.82%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+24.3%+36.2%
CAGR 3Y+22.2%N/A
CAGR 5Y+12.6%N/A
Sharpe 3Y1.17N/A
Volatility 1Y12.22%18.99%
Max drawdown-34.60%-24.77%

Similar to IWB and ITWO