Screener
IWL vs TIER
iShares Russell Top 200 ETF vs T. Rowe Price International Equity Research ETF
Key differences
Both IWL and TIER are equity ETFs. IWL charges 0.15% a year and TIER 0.38%. The main difference: IWL follows a index tracking strategy; TIER uses active selection.
- IWL follows a index tracking strategy; TIER uses active selection.
- IWL covers North America; TIER covers global markets excluding the US.
- IWL costs 0.23% less per year.
- IWL is much larger than TIER. Larger funds are usually more liquid and less likely to close.
- IWL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| IWL | TIER | |
|---|---|---|
| Annual cost (TER) | 0.15% | 0.38% |
| Fund size (AUM) | $2.2B | $30M |
| Since | 2009 | 2025 |
| Dividend yield | 0.82% | — |
| Asset class | equity | equity |
| Region | north america | global ex us |
| Strategy | index tracking | active selection |
| CAGR 1Y | +25.4% | N/A |
| CAGR 3Y | +23.4% | N/A |
| CAGR 5Y | +14.2% | N/A |
| Sharpe 3Y | 1.22 | N/A |
| Volatility 1Y | 12.52% | — |
| Max drawdown | -32.71% | -12.07% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.