iSharesUS Stock StylesSmall Cap#100 of 701 by YTD

iShares Russell 2000 Value ETFIWN

1D 1M 3M YTD 1Y 3Y 5Y MAX

S&P 500 Compare

$210.70−0.2%

−$0.37 · Nov 6 close

Buy

AUM: $13.9B
Fee: 0.24%
Yield: 1.5%

Bumpy · 1Y: 1.2×S&P
Volume: 603K
NAV: $211

What's insideAll 1,402 →

UMBF 0.6%CTRE 0.6%JXN 0.6%ONB 0.5%

52-week range8% below the high

$169$228

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.2%	−0.1%	−5.7%	+17.5%	+21.0%	+73.1%	+39.3%	+287.0%
Peer average	0.0%	−0.3%	−5.9%	+14.1%	+16.4%	+64.1%	+34.5%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

IWN in One Breath

IWN Among Small Cap ETFs

YTD

#1SFLOVictoryShares+30.3%$874M

#2CALFPacer+28.6%$3.8B

#3CAFGPacer+26.4%$44.1M

#4MYLDCambria Funds+25.1%$53.4M

#5FYTFirst Trust+24.9%$175M

#6TCVTowle+24.0%$198M

#7SVALiShares+22.4%$158M

#8FYXFirst Trust+21.9%$1.4B

#22IWNiShares+17.5%$13.9B

End-of-day Nov 9, 2026 · 97 Small cap ETFs by YTD

$10,000 in IWN

$10,000 in IWN became

$13,927

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

IWN’s Top Holdings

Today

UMBFUmb Financial0.6%CTRE0.6%JXN0.6%ONB0.5%VSAT0.5%MAC0.5%TRNO0.5%LTH0.5%SM0.5%PBF0.5%SWX0.5%JBTM0.5%CYTK0.5%BKH0.5%UBSI0.4%MATX0.4%TXNM0.4%SIGI0.4%TEX0.4%EPRT0.4%GATX0.4%ESNT0.4%

UMBFUmb Financial0.6%CTRE0.6%JXN0.6%ONB0.5%VSAT0.5%MAC0.5%TRNO0.5%LTH0.5%SM0.5%PBF0.5%SWX0.5%JBTM0.5%

Financial ServicesReal EstateIndustrialsUtilitiesEnergyHealthcareOther

iShares IWN · 1,400 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What IWN Holds

Today

Financial Services10.0%

UMBF · JXN · ONB · UBSI · SIGI · ESNT · HWC

Real Estate4.6%

CTRE · MAC · TRNO · EPRT · PECO · SBRA · KRG

Industrials3.9%

JBTM · MATX · TEX · GATX · RXO · FLR · VSEC

Utilities3.9%

SWX · BKH · TXNM · NJR · POR · ORA · SR

Energy3.2%

SM · PBF · CNX · MUR · RIG · GLNG · PTEN

Healthcare2.6%

CYTK · MMED · GRAL · MMSI · ITGR · ICUI · LIVN

Consumer Cyclical2.1%

LTH · SIG · MTH · ASO · ABG · GTX · HNI

iShares IWN · share of the fund by sector · as of Nov 6, 2026

Umb’s Share of IWN

Today

0.6%

$6 of every $1,000 in IWN is Umb

Umb held by IWN

$86.8M

Most Umb per dollar

TSCV2.3%

BRSV1.0%

FSEV0.9%

IWN0.6%

iShares IWN · each square = $10 of $1,000 · as of Nov 6, 2026

IWN’s Share of Small Cap ETFs

Today

2.4%

of the $574B in 111 Small cap ETFs

IWN$13.9B2.4%

IJR$104B18.1%

VB$76.9B13.4%

108 others$379B66.1%

Small cap ETF AUM · Nov 9, 2026

IWN Fee per $100 vs Peers

Today

$0.24a year
per $100

$24 a year on $10,000

VB$0.03

VBR$0.05

IJR$0.06

IWM$0.19

IWN$0.24

DFAS$0.30

Expense ratio · Small cap peers · Nov 9, 2026

Inside IWN

1,400 holdings · as of Nov 6, 2026

IWN

iShares Russell 2000 Value ETF

Today

Financial Services10.0%UMBFJXNONB22 moreReal Estate4.6%7 moreIndustrials3.9%Utilities3.9%CYTKLTHCMCUFPIVSATOther66.1%

#	Ticker	Company	Weight ▼
1	UMBF	UMB Financial	0.63%
2	CTRE	Caretrust Reit	0.61%
3	JXN	Jackson Financial	0.60%
4	ONB	OLD National Bancorp	0.53%
5	VSAT	Viasat	0.52%
6	MAC	Macerich Reit	0.49%
7	TRNO	Terreno Realty Reit	0.49%
8	LTH	Life Time Group	0.48%
9	SM	SM Energy	0.47%
10	PBF	PBF Energy	0.46%

See all 1,402 holdings ↓

Financial ServicesReal EstateIndustrialsUtilitiesEnergyHealthcareConsumer CyclicalBasic MaterialsTechnologyCommunication ServicesOther

iShares IWN · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 9.7%

All IWN Holdings

1,402 holdings · as of Nov 6, 2026

IWN

IWN’s Holdings

Today

#
1	UMBFUMB Financial	Financial Services	0.63%	$62.51	648K	$87.2M
2	CTRECaretrust Reit	Real Estate	0.61%	$60.59	2.3M	$84.6M
3	JXNJackson Financial	Financial Services	0.60%	$60.11	632K	$83.9M
4	ONBOLD National Bancorp	Financial Services	0.53%	$52.99	3.0M	$74.0M
5	—BLK CSH FND Treasury SL Agency	—	0.53%	$52.78	73.7M	$73.7M
6	VSATViasat	Technology	0.52%	$51.99	1.2M	$72.6M
7	MACMacerich Reit	Real Estate	0.49%	$49.22	2.7M	$68.7M
8	TRNOTerreno Realty Reit	Real Estate	0.49%	$48.69	1.0M	$68.0M
9	LTHLife Time Group	Consumer Cyclical	0.48%	$48.04	1.4M	$67.0M
10	SMSM Energy	Energy	0.47%	$46.57	2.2M	$65.0M
11	PBFPBF Energy	Energy	0.46%	$45.97	938K	$64.2M
12	SWXSouthwest GAS	Utilities	0.46%	$45.91	708K	$64.1M
13	JBTMJBT Marel	Industrials	0.46%	$45.65	502K	$63.7M
14	CYTKCytokinetics	Healthcare	0.45%	$45.42	1.1M	$63.4M
15	BKHBlack Hills	Utilities	0.45%	$45.13	744K	$63.0M

iShares IWN · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

IWN

iShares Russell 2000 Value ETF’s Peers

Today


IJR	iSharesRead Desk	0.06%	+0.1%	+17.6%	$103.8B
VB	VanguardRead Desk	0.03%	+0.6%	+14.0%	$76.9B
IWM	iSharesRead Desk	0.19%	+1.0%	+13.0%	$76.6B
VBR	VanguardRead Desk	0.05%	0.0%	+19.5%	$35.1B
DFAS	DimensionalRead Desk	0.30%	+0.1%	+15.9%	$33.7B
IWN	iSharesThis fundRead Desk	0.24%	−0.2%	+21.0%	$13.9B

Small cap peers · Today’s and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put IWN head to head with IJR →

IJR vs IWN

YTD

IJRiShares · Small capIWNiShares · Small cap

Year to date

+15.5%

+17.5%

IWN wins+2.0 pts

Past year

+17.6%

+21.0%

IWN wins+3.4 pts

Fee

0.06%

0.24%

IJR winslower fee

Yield

1.2%

1.5%

IWN wins+0.3 pts

AUM

$104B

$13.9B

IJR7.5× more

3–1IWN wins

iShares IJR and iShares IWN · year-to-date · as of Nov 9, 2026 · AUM not scored

IWN vs VOO

YTD

IWN · iShares Russell 2000 Value

+17.5%

VOO · S&P 500

+8.7%

Gap

8.8 pts

iShares IWN and Vanguard VOO · Today total return · as of Nov 9, 2026

IWN vs Its Peer Average

YTD

IWNAvsBPeer average

1D−0.2%0.0%

1M−0.1%−0.3%

3M−5.7%−5.9%

YTD+17.5%+14.1%

1Y+21.0%+16.4%

3Y+73.1%+64.1%

5Y+39.3%+34.5%

6–1IWN wins

110 Small cap peers · each row scaled to its leader

How Bumpy Is IWN?

View

IWN

How Bumpy

1.2×the S&P 500’s swings

CalmerBumpierS&P 1×IWN

Calm rank among 7 small cap funds#4

Other small cap funds1.0× to 1.4×

iShares IWN · daily swings over the past year vs the S&P 500

IWN

Worst Drop

−8.5%from its Feb 9 high

Still below the high−7.0%

$10,000 at the high is now$9,300

iShares IWN · fall from the highest close, past year

IWN

On a Bad Day

0.8×the S&P 500’s fall

IWN’s worst day: Thursday, Nov 5

IWN

−3.5%

S&P 500

−4.4%

Up days54 of every 100

S&P 500 up days52 of every 100

iShares IWN · average move on days the S&P 500 fell

IWN

Return for the Bumps

1Y#3 of 7 small cap funds

#1AVUVAvantis

most for the bumps

#2VBRVanguard

calmest ride

#3IWNiShares

#4IJRiShares

#5DFASDimensional

#6VBVanguard

#7IWMiShares

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

IWN

Cost

Today

$24a year per $10,000

VBR

IJR

IWM

$19

IWN

$24

AVUV

$25

DFAS

$30

Expense ratio 0.24%, taken from the fund’s value

IWN

Volatility & Beta

15.9%annual volatility

S&P 500 volatility13.6%

Downside volatility10.6%

Beta vs SPY0.86

Correlation vs SPY0.73

Beta rank, lowest first, of 7#3

Daily total returns × √252 · past 254 trading days

IWN

Max Drawdown

−8.5%peak to trough

Peak closeFeb 9, 2026

Current drawdown−7.0%

Worst day−3.47% · Nov 5

Closing prices, dividends in

IWN

Up / Down Capture

85%down capture vs SPY

Down days

85%

Up days

99%

S&P 500

100%

Up ÷ down capture1.17

Up days54.3% (S&P 52.0%)

Average daily move on SPY up days and down days

IWN

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
AVUV	1.33	2.07	15.2%	−8.2%	0.71	$25
VBR	1.12	1.72	14.2%	−8.9%	0.73	$5
IWN	1.07	1.61	15.9%	−8.5%	0.86	$24
IJR	0.88	1.33	16.3%	−9.7%	0.91	$6
DFAS	0.77	1.15	15.8%	−9.4%	0.91	$30
VB	0.61	0.89	16.2%	−9.0%	1.00	$3
IWM	0.47	0.67	18.7%	−11.1%	1.14	$19

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

IWN

Trading

Today

−0.03%below its holdings’ value

Close$210.70

NAV$210.77

Fee per $10,000$24 a year

Avg. volume 30D934K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

IWN

Fund Facts

Today

2000launched Jul 24

Tracks[…]

Exchange · CUSIPAMEX · 464287630

StructureETF

Leverage1x

Cost on $10,000$24 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares IWN · fund facts · as of Nov 9, 2026

IWN

Payouts by Year

13Y

$0.88per share, Sep 2026

Distribution yield1.5%

PaidEvery quarter

Latest ex-date · paidSep 15 · Sep 18, 2026

12 payouts added up$9.12 a share

iShares IWN · distributions by ex-date · 2014–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗

Trading & Liquidity

Net asset value$210.77

Premium / discount[…]

Median spread · 30D[…]

Volume today603K

Average volume · 30D934K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.24%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$24.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 15, 2026	Sep 18, 2026	$0.88
Jun 15, 2026	Jun 18, 2026	$0.79
Mar 17, 2026	Mar 20, 2026	$0.52
Dec 16, 2025	Dec 19, 2025	$1.07
Sep 16, 2025	Sep 19, 2025	$0.82
Jun 16, 2025	Jun 20, 2025	$0.69
Mar 18, 2025	Mar 21, 2025	$0.50
Dec 17, 2024	Dec 20, 2024	$0.86
Sep 25, 2024	Sep 30, 2024	$0.86
Jun 11, 2024	Jun 17, 2024	$0.67
Mar 21, 2024	Mar 27, 2024	$0.57
Dec 20, 2023	Dec 27, 2023	$0.90

Issuer contentFrom iSharesHear the strategy from the people behind IWN.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →