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TIER vs IWB

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

TIER

T. Rowe Price International Equity Research ETF

Annual cost

0.38%

Fund size

$30M

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

Key differences

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

  • TIER follows a active selection strategy; IWB uses index tracking.
  • TIER covers global markets excluding the US; IWB covers North America.
  • 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

TIERIWB
Annual cost (TER)0.38%0.15%
Fund size (AUM)$30M$48.9B
Since20252000
Dividend yield0.91%
Asset classequityequity
Regionglobal ex usnorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+24.3%
CAGR 3YN/A+22.2%
CAGR 5YN/A+12.6%
Sharpe 3YN/A1.17
Volatility 1Y12.22%
Max drawdown-12.07%-34.60%

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

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