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TMSL vs IWB

T. Rowe Price Small-Mid Cap ETF vs iShares Russell 1000 ETF

TMSL

T. Rowe Price Small-Mid Cap ETF

Annual cost

0.55%

Fund size

$2.4B

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

Key differences

Both TMSL and IWB are equity ETFs. TMSL charges 0.55% a year and IWB 0.15%. The main difference: IWB costs 0.40% less per year.

  • IWB costs 0.40% less per year.
  • IWB is much larger than TMSL. 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

TMSLIWB
Annual cost (TER)0.55%0.15%
Fund size (AUM)$2.4B$48.9B
Since20232000
Dividend yield0.49%0.91%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+27.4%+24.3%
CAGR 3YN/A+22.2%
CAGR 5YN/A+12.6%
Sharpe 3YN/A1.17
Volatility 1Y17.59%12.22%
Max drawdown-24.39%-34.60%

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

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