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IWM vs TIER

iShares Russell 2000 ETF vs T. Rowe Price International Equity Research ETF

IWM

iShares Russell 2000 ETF

Annual cost

0.19%

Fund size

$80.9B

TIER

T. Rowe Price International Equity Research ETF

Annual cost

0.38%

Fund size

$30M

Key differences

Both IWM and TIER are equity ETFs. IWM charges 0.19% a year and TIER 0.38%. The main difference: IWM follows a index tracking strategy; TIER uses active selection.

  • IWM follows a index tracking strategy; TIER uses active selection.
  • IWM covers North America; TIER covers global markets excluding the US.
  • IWM costs 0.19% less per year.
  • IWM is much larger than TIER. Larger funds are usually more liquid and less likely to close.
  • IWM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWMTIER
Annual cost (TER)0.19%0.38%
Fund size (AUM)$80.9B$30M
Since20002025
Dividend yield0.87%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyindex trackingactive selection
CAGR 1Y+36.6%N/A
CAGR 3Y+18.9%N/A
CAGR 5Y+5.8%N/A
Sharpe 3Y0.75N/A
Volatility 1Y19.54%
Max drawdown-41.13%-12.07%

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

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