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IWY vs RYLD

iShares Russell Top 200 Growth ETF vs Global X Russell 2000 Covered Call ETF

IWY

iShares Russell Top 200 Growth ETF

iShares

Annual cost

0.20%

Fund size

$16.5B

RYLD

Global X Russell 2000 Covered Call ETF

Global X Funds

Annual cost

0.60%

Fund size

$1.3B

Key differences

  • IWY costs 0.40% less per year.
  • IWY is significantly larger than RYLD — larger funds tend to be more liquid and less likely to close.
  • IWY is classified as equity, while RYLD is alternative — different risk/return profiles.
  • IWY follows a index tracking strategy; RYLD uses option income.
  • Over the last 3 years, IWY has delivered higher annualized returns.
  • IWY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWYRYLD
Annual cost (TER)0.20%0.60%
Fund size (AUM)$16.5B$1.3B
Since20092019
Dividend yield0.35%11.85%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+30.2%+24.2%
CAGR 3Y+27.0%+8.0%
CAGR 5Y+17.0%+3.3%
Sharpe 3Y1.150.39
Volatility 1Y15.60%10.84%
Max drawdown-32.68%-41.52%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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