ETF Versus

IWM vs QQQ

iShares Russell 2000 ETF vs Invesco QQQ Trust

Last updated: 2026-04-02

IWM

iShares Russell 2000 ETF (IWM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2000, the fund has a 26-year track record.

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

Invesco QQQ Trust (QQQ) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 1999, the fund has a 27-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 1999-03-10

Quick Verdict

Both funds have delivered similar 1-year returns (23.1% vs 22.7%), tracking closely.

Key Metrics

Metric IWM QQQ
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Small Cap US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

70 95 120 145 170 195 2021-04 2022-06 2023-09 2024-12 2026-04
IWM +10.9%
QQQ +76.5%

Performance Comparison

Period IWM QQQ Difference
1 Month -3.73% -2.87% -0.86%
3 Months +0.31% -4.70% +5.01%
6 Months +1.11% -3.85% +4.96%
YTD +0.31% -4.70% +5.01%
1 Year +23.14% +22.72% +0.42%
3 Years +39.83% +82.51% -42.68%
5 Years +10.93% +76.50% -65.57%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWM Fees QQQ 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 IWM QQQ
Annualized Volatility 22.6% 22.4%
Max Drawdown -33.1% -35.6%
Sharpe Ratio 0.01 0.42

Dividend Comparison

Metric IWM QQQ
Annual Dividend (per share) $2.54 $2.81
Dividend Yield 1.02% 0.48%
Distribution Frequency Quarterly Quarterly

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