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IWB vs TIER

iShares Russell 1000 ETF vs T. Rowe Price International Equity Research ETF

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

TIER

T. Rowe Price International Equity Research ETF

Annual cost

0.38%

Fund size

$30M

Key differences

Both IWB and TIER are equity ETFs. IWB charges 0.15% a year and TIER 0.38%. The main difference: IWB follows a index tracking strategy; TIER uses active selection.

  • IWB follows a index tracking strategy; TIER uses active selection.
  • IWB covers North America; TIER covers global markets excluding the US.
  • IWB costs 0.23% less per year.
  • IWB is much larger than TIER. 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

IWBTIER
Annual cost (TER)0.15%0.38%
Fund size (AUM)$48.9B$30M
Since20002025
Dividend yield0.91%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyindex trackingactive selection
CAGR 1Y+24.3%N/A
CAGR 3Y+22.2%N/A
CAGR 5Y+12.6%N/A
Sharpe 3Y1.17N/A
Volatility 1Y12.22%
Max drawdown-34.60%-12.07%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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