Screener
TIER vs IWL
T. Rowe Price International Equity Research ETF vs iShares Russell Top 200 ETF
Key differences
Both TIER and IWL are equity ETFs. TIER charges 0.38% a year and IWL 0.15%. The main difference: TIER follows a active selection strategy; IWL uses index tracking.
- TIER follows a active selection strategy; IWL uses index tracking.
- TIER covers global markets excluding the US; IWL covers North America.
- 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
| TIER | IWL | |
|---|---|---|
| Annual cost (TER) | 0.38% | 0.15% |
| Fund size (AUM) | $30M | $2.2B |
| Since | 2025 | 2009 |
| Dividend yield | — | 0.82% |
| Asset class | equity | equity |
| Region | global ex us | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | N/A | +25.4% |
| CAGR 3Y | N/A | +23.4% |
| CAGR 5Y | N/A | +14.2% |
| Sharpe 3Y | N/A | 1.22 |
| Volatility 1Y | — | 12.52% |
| Max drawdown | -12.07% | -32.71% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.