IWM vs SAA
iShares Russell 2000 ETF against ProShares Ulta SmallCap600: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
32%
538 shared positions
Fee gap
76 bp
IWM is cheaper
1-year return gap
11.9 pts
SAA is ahead
Larger fund
IWM
$78.7B
Side by side
| IWM | SAA | |
|---|---|---|
| Fund | iShares Russell 2000 ETF | ProShares Ulta SmallCap600 |
| Issuer | iShares | ProShares |
| Category | Small Cap Blend | Small Cap Blend |
| Expense ratio | 0.19% | 0.95% |
| Assets | $78.7B | $26M |
| Average daily dollar volume | $6.8B | $113K |
| Listed | May 22, 2000 | Jan 23, 2007 |
| FrenzyCap score | 90 | 10 |
| 1-month return | −3.0% | −5.3% |
| 3-month return | −5.0% | −10.9% |
| Year to date | +13.3% | +24.6% |
| 1-year return | +13.1% | +24.9% |
| 30-day volatility | 12.2% | 22.8% |
| Worst drawdown, 1 year | −11.2% | −18.7% |
| Trailing 12-month yield | 0.98% | 0.76% |
| Holdings | 1,990 | 607 |
| Top 10 weight | 3.2% | 62.4% |
| Look-through P/E | 374.5 | 35.9 |
| Holdings vs fair value | +14.9% | +15.7% |
| Holdings above 200-day average | 54% | 53% |
| Net flow, latest 3 reported months | −$3.5B thru Jun 2026 | −$538K thru May 2026 |
| 30-day implied volatility | 18.3% | 29.4% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Oct 9, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
48% of IWM · 32% of SAA| Holding | IWM | SAA |
|---|---|---|
| VSAT | 0.29% | 0.22% |
| GKOS | 0.31% | 0.22% |
| PTGX | 0.29% | 0.21% |
| SM | 0.30% | 0.20% |
| RHP | 0.28% | 0.19% |
| MXL | 0.28% | 0.18% |
| JXN | 0.27% | 0.18% |
| TGTX | 0.26% | 0.18% |
| LTH | 0.21% | 0.17% |
| ACA | 0.24% | 0.16% |
| TRNO | 0.23% | 0.16% |
| PLXS | 0.24% | 0.16% |
| FSS | 0.23% | 0.16% |
| ZWS | 0.23% | 0.15% |
| ALKS | 0.23% | 0.15% |
| MATX | 0.23% | 0.15% |
| ESE | 0.23% | 0.15% |
| SNEX | 0.22% | 0.15% |
| NPO | 0.22% | 0.15% |
| VSXY | 0.21% | 0.15% |
| MAC | 0.21% | 0.14% |
| LGND | 0.20% | 0.14% |
| MTRN | 0.20% | 0.13% |
| MGY | 0.20% | 0.13% |
| JBTM | 0.19% | 0.13% |
Sector mix of the stock holdings
| Sector | IWM | SAA | Gap |
|---|---|---|---|
| Financials | 18.4% | 6.5% | +11.9% |
| Industrials | 16.2% | 7.5% | +8.7% |
| Health Care | 18.8% | 4.0% | +14.8% |
| Technology | 12.8% | 5.4% | +7.4% |
| Consumer Discretionary | 9.4% | 5.1% | +4.3% |
| Real Estate | 6.2% | 2.8% | +3.4% |
| Materials | 5.7% | 2.7% | +3.0% |
| Energy | 4.2% | 1.5% | +2.7% |
| Utilities | 3.6% | 1.1% | +2.5% |
| Communication Services | 1.9% | 1.0% | +1.0% |
| Consumer Staples | 1.4% | 1.2% | +0.2% |
| Other | 0.1% | 0.1% | +0.0% |
More: full overlap table · IWM holdings · SAA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.