iShares Russell Top 200 Value ETF (IWX) Performance
IWX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.8% since Dec 31, 2025
- 1 year
- +29.7% total return
- 5 years
- +12.6% a year
- 10 years
- +12.4% a year
- Since first price
- +11.7% a year since 2009
IWX trailing returns vs SPY, QQQ, AGG
| Period | IWX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.2% | +2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.9% | +5.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +16.2% | +15.3% | +7.8% | +8.4% | −1.5% |
| YTD | +24.8% | +23.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +29.7% | +27.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.7%+23.6%/yr | +78.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +80.9%+12.6%/yr | +64.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +222.2%+12.4%/yr | +159.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +493.9%+12.6%/yr | +323.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 28, 2009 | +565.2%+11.7%/yr | +353.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IWX vs SPY
From Sep 28, 2009: IWX grew to $66,523, SPY to $96,534.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IWX returns by calendar year
13 of 16 full years positive. Best 2013 (+31.8%), worst 2018 (−6.5%). 2026 is year to date.
IWX annual returns table
| Year | IWX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.8% | −6.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.2% | −13.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.9% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.5% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.3% | −18.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +23.3% | −5.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +1.5% | −35.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.8% | −6.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.5% | −17.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.0% | −4.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +15.4% | −9.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −3.7% | −13.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.2% | −8.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +31.8% | −5.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +16.4% | −9.9% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.2% | −20.5% | +1.9% | +3.4% | +7.7% |
| 2010 | +10.6% | −16.8% | +15.1% | +19.9% | +6.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IWX largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −35.8% | Mar 23, 2020 | Dec 31, 2020 | 40 days | 11 months |
| May 2, 2011 | −20.5% | Oct 3, 2011 | Mar 1, 2012 | 5 months | 10 months |
| Jan 12, 2022 | −18.1% | Sep 30, 2022 | Jul 24, 2023 | 9 months | 1.5 years |
| Jan 26, 2018 | −17.4% | Dec 24, 2018 | Apr 29, 2019 | 11 months | 1.3 years |
| Apr 23, 2010 | −16.8% | Jul 2, 2010 | Dec 21, 2010 | 2 months | 8 months |
| May 21, 2015 | −15.0% | Feb 11, 2016 | Jul 8, 2016 | 9 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IWX risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +20.9% | +12.9% | +11.9% | +11.6% |
| Volatility (annualized) | 11.6% | 14.1% | 14.6% | 13.9% |
| Sharpe ratio | 1.33 | 0.69 | 0.69 | 0.77 |
| Sortino ratio | 2.33 | 1.09 | 1.05 | 1.20 |
| Best month | +8.4% | +10.6% | +13.1% | +13.1% |
| Worst month | −6.6% | −8.2% | −14.3% | −14.3% |
| Best 12 months | +33.1% | +33.1% | +47.6% | +47.6% |
| Worst 12 months | +9.3% | −10.3% | −13.6% | −13.6% |
| Positive months | 72% | 63% | 65% | 65% |
| Beta vs S&P 500 | 0.72 | 0.78 | 0.86 | — |
| Correlation with S&P 500 | 0.77 | 0.86 | 0.90 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IWX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 194 | −13.6% | +12.1% | +47.6% | 85% |
| 3-year (a year) | 170 | −0.4% | +10.3% | +23.5% | 99% |
| 5-year (a year) | 146 | +3.0% | +10.5% | +15.7% | 100% |
| 10-year (a year) | 86 | +7.7% | +10.1% | +13.1% | 100% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
IWX performance overview
iShares Russell Top 200 Value ETF (IWX) returned +29.7% over the past year and +12.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +11.7% a year, turning $10,000 into about $66,523. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.8%, from Feb 12, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. IWX finished 13 of its 16 full calendar years with a gain; the best year was 2013 (+31.8%) and the worst 2018 (−6.5%). Volatility has been 13.9% a year.
Related: IWX chart, IWX holdings, IWX dividends, IWX valuation. See the IWX overview for the latest quote and fund facts.
IWX performance FAQ
What is the IWX return over the past year?
IWX returned +29.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 27.7%.
What is the average annual return of IWX?
IWX has returned +12.6% a year over 5 years, +12.4% a year over 10 years, +11.7% a year since September 28, 2009 (total return, distributions reinvested).
How much would $10,000 invested in IWX be worth?
$10,000 invested in IWX at its first recorded close on September 28, 2009 would be worth about $66,523 on October 23, 2026 with distributions reinvested.
What was the worst year for IWX?
The worst calendar year was 2018, with a total return of −6.5%. The best was 2013 at +31.8%.
What is the biggest drawdown of IWX?
The largest peak-to-trough decline was −35.8% between February 12, 2020 and March 23, 2020. It recovered to the old high on December 31, 2020, 9 months after the bottom.
How volatile is IWX?
Over the past 3 years IWX had an annualized volatility of 11.6% and a Sharpe ratio of 1.33 (excess return over 1–3 month T-bills per unit of risk).