ETF Versus

IWD vs SPSM

iShares Russell 1000 Value ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

Last updated: 2026-04-02

IWD

iShares Russell 1000 Value ETF (IWD) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2000-05-26
SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2013, the fund has a 13-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2013-07-09

Quick Verdict

SPSM has edged ahead over the past year (17.2% vs 13.7%).

Key Metrics

Metric IWD SPSM
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Value US Small Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

80 94 108 122 136 150 2021-04 2022-06 2023-09 2024-12 2026-04
IWD +39.4%
SPSM +13.0%

Performance Comparison

Period IWD SPSM Difference
1 Month -3.30% -3.42% +0.12%
3 Months +1.29% +2.83% -1.54%
6 Months +4.74% +4.15% +0.59%
YTD +1.29% +2.83% -1.54%
1 Year +13.65% +17.20% -3.55%
3 Years +40.40% +28.78% +11.62%
5 Years +39.38% +12.96% +26.42%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWD Fees SPSM Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric IWD SPSM
Annualized Volatility 14.9% 21.5%
Max Drawdown -20.3% -28.7%
Sharpe Ratio 0.22 0.01

Dividend Comparison

Metric IWD SPSM
Annual Dividend (per share) $3.58 $0.77
Dividend Yield 1.67% 1.58%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SPSM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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IJR vs IWD IJR vs SPSM ITOT vs IWD ITOT vs SPSM IVV vs IWD IVV vs SPSM IWD vs IWF IWD vs IWM