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IWR vs HIMU

iShares Russell Mid-Cap ETF vs iShares High Yield Muni Active ETF

IWR

iShares Russell Mid-Cap ETF

Annual cost

0.18%

Fund size

$54.8B

HIMU

iShares High Yield Muni Active ETF

Annual cost

0.39%

Fund size

$2.3B

Key differences

IWR is an equity ETF, while HIMU is a fixed income ETF. IWR charges 0.18% a year and HIMU 0.39%.

  • IWR is an equity fund, while HIMU is a fixed income fund. They carry different risk/return profiles.
  • IWR follows a index tracking strategy; HIMU uses active selection.
  • IWR costs 0.21% less per year.
  • IWR is much larger than HIMU. Larger funds are usually more liquid and less likely to close.
  • IWR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWRHIMU
Annual cost (TER)0.18%0.39%
Fund size (AUM)$54.8B$2.3B
Since20012006
Dividend yield1.16%5.14%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+19.9%+6.8%
CAGR 3Y+17.8%N/A
CAGR 5Y+7.7%N/A
Sharpe 3Y0.89N/A
Volatility 1Y13.54%4.58%
Max drawdown-40.59%-8.01%

Similar to IWR and HIMU