iShares Russell 2000 ETF (IWM): Historical Returns

Data Source: from January 1985 to February 2024 (~39 years)
Consolidated Returns as of 29 February 2024
Category: Stocks
iShares Russell 2000 ETF (IWM) ETF
ETF • LIVE PERFORMANCE (USD currency)
5.63%
February 2024

In the last 30 Years, the iShares Russell 2000 ETF (IWM) ETF obtained a 8.72% compound annual return, with a 19.84% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Small Cap
  • Style: Blend
  • Region: North America
  • Country: U.S.

Investment Returns as of Feb 29, 2024

The iShares Russell 2000 ETF (IWM) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES RUSSELL 2000 ETF (IWM) ETF
Consolidated returns as of 29 February 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~39Y)
iShares Russell 2000 ETF (IWM) ETF n.a. n.a. 5.63 8.94 9.89 6.79 7.09 8.72 9.38
US Inflation Adjusted return 5.63 7.71 6.99 2.58 4.20 6.05 6.41
Returns over 1 year are annualized | Available data source: since Jan 1985
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the iShares Russell 2000 ETF (IWM) ETF granted a 1.56% dividend yield. If you are interested in getting periodic income, please refer to the iShares Russell 2000 ETF (IWM) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 12.29$, with a total return of 1128.61% (8.72% annualized).

The Inflation Adjusted Capital now would be 5.82$, with a net total return of 482.00% (6.05% annualized).
An investment of 1$, since January 1985, now would be worth 33.46$, with a total return of 3246.40% (9.38% annualized).

The Inflation Adjusted Capital now would be 11.40$, with a net total return of 1040.01% (6.41% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares Russell 2000 ETF (IWM) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES RUSSELL 2000 ETF (IWM) ETF
Advanced Metrics
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Investment Return (%) 5.63 13.82 8.94 9.89 -1.01 6.79 7.09 7.89 8.72 9.38
Infl. Adjusted Return (%) details 5.63 13.21 7.71 6.99 -6.18 2.58 4.20 5.19 6.05 6.41
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 2.79
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -16.81 -26.94 -30.65 -32.29 -52.46 -52.46 -52.46
Start to Recovery (# months) details 5 32* 11 27 45 45 45
Start (yyyy mm) 2023 08 2021 07 2020 01 2018 09 2007 06 2007 06 2007 06
Start to Bottom (# months) 3 15 3 19 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2020 03 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 8 8 24 24 24
End (yyyy mm) 2023 12 - 2020 11 2020 11 2011 02 2011 02 2011 02
Longest Drawdown Depth (%)
same as
deepest

same as
deepest
-26.94 -26.94
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 32* 32*
Start (yyyy mm) 2023 08 2021 07 2021 07 2021 07 2007 06 2007 06 2007 06
Start to Bottom (# months) 3 15 15 15 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 24 24 24
End (yyyy mm) 2023 12 - - - 2011 02 2011 02 2011 02
Longest negative period (# months) details 9 36* 36 60 68 132 132
Period Start (yyyy mm) 2023 03 2021 03 2021 02 2015 04 2005 01 1998 03 1998 03
Period End (yyyy mm) 2023 11 2024 02 2024 01 2020 03 2010 08 2009 02 2009 02
Annualized Return (%) -4.58 -1.01 -0.83 -0.27 -0.07 -0.07 -0.07
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -17.60 -34.84 -34.84 -34.84 -53.79 -53.79 -53.79
Start to Recovery (# months) details 5 32* 32* 32* 68 68 68
Start (yyyy mm) 2023 08 2021 07 2021 07 2021 07 2007 06 2007 06 2007 06
Start to Bottom (# months) 3 28 28 28 21 21 21
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02 2009 02
Bottom to End (# months) 2 4 4 4 47 47 47
End (yyyy mm) 2023 12 - - - 2013 01 2013 01 2013 01
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 07 2021 07 2021 07 2007 06 2007 06 2007 06
Start to Bottom (# months) 3 28 28 28 21 21 21
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02 2009 02
Bottom to End (# months) 2 4 4 4 47 47 47
End (yyyy mm) 2023 12 - - - 2013 01 2013 01 2013 01
Longest negative period (# months) details 9 36* 56 73 91 153 153
Period Start (yyyy mm) 2023 03 2021 03 2019 03 2014 03 2004 03 1996 06 1996 06
Period End (yyyy mm) 2023 11 2024 02 2023 10 2020 03 2011 09 2009 02 2009 02
Annualized Return (%) -7.26 -6.18 -1.77 -0.53 -0.02 -0.15 -0.15
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 22.46 21.09 23.68 20.19 19.88 19.84 20.02
Sharpe Ratio 0.21 -0.16 0.21 0.29 0.33 0.33 0.27
Sortino Ratio 0.32 -0.24 0.29 0.40 0.44 0.44 0.35
Ulcer Index 7.02 15.21 13.35 11.01 13.69 13.64 13.26
Ratio: Return / Standard Deviation 0.44 -0.05 0.29 0.35 0.40 0.44 0.47
Ratio: Return / Deepest Drawdown 0.59 -0.04 0.22 0.22 0.15 0.17 0.18
% Positive Months details 41% 52% 60% 62% 62% 61% 62%
Positive Months 5 19 36 75 149 221 292
Negative Months 7 17 24 45 91 139 178
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 7.09 16.53 16.53 17.90
Worst 10 Years Return (%) - Annualized 4.97 1.48 1.48
Best 10 Years Return (%) - Annualized 4.20 14.51 14.51 14.81
Worst 10 Years Return (%) - Annualized 2.74 -1.08 -1.08
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 95.39 29.79 26.45 16.53 10.31 8.72
Worst Rolling Return (%) - Annualized -42.27 -17.61 -6.56 1.48 5.30
% Positive Periods 69% 85% 93% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 70.49 24.07 15.43 9.10 5.82 7.49
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.89 6.21
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 90.41 26.27 23.89 14.51 7.96 6.05
Worst Rolling Return (%) - Annualized -42.28 -19.37 -8.97 -1.08 3.15
% Positive Periods 66% 81% 82% 97% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 70.49 24.07 15.43 9.10 5.82 7.49
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.89 6.21
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1985 - Feb 2024)
Best Rolling Return (%) - Annualized 95.39 31.82 26.45 17.90 12.08 11.17
Worst Rolling Return (%) - Annualized -42.27 -17.61 -6.56 1.48 5.30 8.06
% Positive Periods 71% 88% 95% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 70.49 24.07 15.43 9.10 5.82 5.78
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.89 4.65
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 90.41 28.03 23.89 14.81 8.75 8.71
Worst Rolling Return (%) - Annualized -42.28 -19.37 -8.97 -1.08 3.15 5.40
% Positive Periods 66% 81% 83% 98% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 70.49 24.07 15.43 9.10 5.82 5.78
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.89 4.65
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares Russell 2000 ETF (IWM) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES RUSSELL 2000 ETF (IWM) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs IWM
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.87
0.91
0.90
0.89
0.89
SPY
US Large Cap
0.81
0.88
0.86
0.83
0.83
IJR
US Small Cap
0.99
0.99
0.99
0.99
0.99
VNQ
US REITs
0.91
0.80
0.71
0.65
0.65
QQQ
US Technology
0.60
0.78
0.74
0.75
0.75
PFF
Preferred Stocks
0.73
0.75
0.66
0.43
0.42
EFA
EAFE Stocks
0.79
0.85
0.78
0.76
0.73
VT
World All Countries
0.86
0.91
0.88
0.84
0.83
EEM
Emerging Markets
0.81
0.75
0.64
0.72
0.69
VGK
Europe
0.76
0.83
0.75
0.75
0.74
VPL
Pacific
0.87
0.85
0.78
0.66
0.62
FLLA
Latin America
0.83
0.74
0.53
0.63
0.63
BND
US Total Bond Market
0.54
0.41
0.27
0.08
0.08
TLT
Long Term Treasuries
0.64
0.07
-0.01
-0.17
-0.16
BIL
US Cash
0.21
-0.11
-0.07
-0.04
-0.04
TIP
TIPS
0.41
0.48
0.36
0.12
0.13
LQD
Invest. Grade Bonds
0.59
0.57
0.47
0.25
0.25
HYG
High Yield Bonds
0.73
0.80
0.75
0.66
0.65
CWB
US Convertible Bonds
0.94
0.90
0.87
0.87
0.87
BNDX
International Bonds
0.50
0.45
0.32
0.13
0.13
EMB
Emerg. Market Bonds
0.84
0.71
0.57
0.52
0.51
GLD
Gold
-0.09
0.08
-0.03
0.07
0.06
DBC
Commodities
0.05
0.50
0.44
0.36
0.35

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES RUSSELL 2000 ETF (IWM) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-52.46% Jun 2007 Feb 2009 21 Feb 2011 24 45 24.69
-35.32% Mar 2000 Sep 2002 31 Nov 2003 14 45 19.54
-32.29% Sep 2018 Mar 2020 19 Nov 2020 8 27 13.01
-29.82% May 1998 Aug 1998 4 Dec 1999 16 20 13.39
-26.94% Jul 2021 Sep 2022 15 in progress 17 32 16.10
-25.06% May 2011 Sep 2011 5 Dec 2012 15 20 9.44
-16.77% Jul 2015 Feb 2016 8 Aug 2016 6 14 8.78
-11.92% Jun 1996 Jul 1996 2 Dec 1996 5 7 5.39
-10.61% Jan 2005 Apr 2005 4 Jul 2005 3 7 4.84
-8.42% May 2006 Jul 2006 3 Oct 2006 3 6 5.26
-8.28% Mar 1994 Jun 1994 4 Mar 1995 9 13 4.38
-8.18% Jul 2004 Aug 2004 2 Nov 2004 3 5 4.57
-7.36% Jul 2014 Sep 2014 3 Dec 2014 3 6 3.70
-7.08% Feb 1997 Mar 1997 2 May 1997 2 4 4.51
-5.77% Aug 2005 Oct 2005 3 Jan 2006 3 6 2.45
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 91 4.0 Months 25.21%
 
DD = 0% 25.21%
 
0% < DD <= -5% 79 4.6 Months 21.88%
 
DD <= -5% 47.09%
 
-5% < DD <= -10% 62 5.8 Months 17.17%
 
DD <= -10% 64.27%
 
-10% < DD <= -15% 45 8.0 Months 12.47%
 
DD <= -15% 76.73%
 
-15% < DD <= -20% 36 10.0 Months 9.97%
 
DD <= -20% 86.70%
 
-20% < DD <= -25% 15 24.1 Months 4.16%
 
DD <= -25% 90.86%
 
-25% < DD <= -30% 14 25.8 Months 3.88%
 
DD <= -30% 94.74%
 
-30% < DD <= -35% 9 40.1 Months 2.49%
 
DD <= -35% 97.23%
 
-35% < DD <= -40% 4 90.3 Months 1.11%
 
DD <= -40% 98.34%
 
-40% < DD <= -45% 3 120.3 Months 0.83%
 
DD <= -45% 99.17%
 
-45% < DD <= -50% 2 180.5 Months 0.55%
 
DD <= -50% 99.72%
 
-50% < DD <= -55% 1 361.0 Months 0.28%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-53.79% Jun 2007 Feb 2009 21 Jan 2013 47 68 22.89
-39.43% Mar 2000 Feb 2003 36 Nov 2004 21 57 20.70
-34.84% Jul 2021 Oct 2023 28 in progress 4 32 22.97
-33.99% Sep 2018 Mar 2020 19 Nov 2020 8 27 14.30
-30.34% May 1998 Aug 1998 4 Dec 1999 16 20 14.50
-16.92% Apr 2015 Feb 2016 11 Nov 2016 9 20 7.84
-12.25% Jun 1996 Jul 1996 2 Dec 1996 5 7 5.80
-11.54% Jan 2005 Apr 2005 4 Jul 2005 3 7 5.36
-9.59% Apr 2006 Jul 2006 4 Nov 2006 4 8 5.41
-9.02% Mar 1994 Jun 1994 4 May 1995 11 15 5.18
-7.76% Aug 2005 Oct 2005 3 Jan 2006 3 6 3.63
-7.45% Jul 2014 Sep 2014 3 Dec 2014 3 6 3.76
-7.32% Feb 1997 Mar 1997 2 May 1997 2 4 4.69
-5.35% Oct 1997 Jan 1998 4 Feb 1998 1 5 3.89
-4.84% Mar 2014 Apr 2014 2 Jun 2014 2 4 2.92
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Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 69 5.2 Months 19.11%
 
DD = 0% 19.11%
 
0% < DD <= -5% 77 4.7 Months 21.33%
 
DD <= -5% 40.44%
 
-5% < DD <= -10% 64 5.6 Months 17.73%
 
DD <= -10% 58.17%
 
-10% < DD <= -15% 40 9.0 Months 11.08%
 
DD <= -15% 69.25%
 
-15% < DD <= -20% 36 10.0 Months 9.97%
 
DD <= -20% 79.22%
 
-20% < DD <= -25% 26 13.9 Months 7.20%
 
DD <= -25% 86.43%
 
-25% < DD <= -30% 18 20.1 Months 4.99%
 
DD <= -30% 91.41%
 
-30% < DD <= -35% 16 22.6 Months 4.43%
 
DD <= -35% 95.84%
 
-35% < DD <= -40% 7 51.6 Months 1.94%
 
DD <= -40% 97.78%
 
-40% < DD <= -45% 5 72.2 Months 1.39%
 
DD <= -45% 99.17%
 
-45% < DD <= -50% 1 361.0 Months 0.28%
 
DD <= -50% 99.45%
 
-50% < DD <= -55% 2 180.5 Months 0.55%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-52.46% Jun 2007 Feb 2009 21 Feb 2011 24 45 24.69
-38.79% Sep 1987 Nov 1987 3 Aug 1989 21 24 17.91
-35.32% Mar 2000 Sep 2002 31 Nov 2003 14 45 19.54
-32.84% Sep 1989 Oct 1990 14 May 1991 7 21 15.25
-32.29% Sep 2018 Mar 2020 19 Nov 2020 8 27 13.01
-29.82% May 1998 Aug 1998 4 Dec 1999 16 20 13.39
-26.94% Jul 2021 Sep 2022 15 in progress 17 32 16.10
-25.06% May 2011 Sep 2011 5 Dec 2012 15 20 9.44
-20.58% Jun 1986 Sep 1986 4 May 1987 8 12 11.48
-16.77% Jul 2015 Feb 2016 8 Aug 2016 6 14 8.78
-11.92% Jun 1996 Jul 1996 2 Dec 1996 5 7 5.39
-10.61% Jan 2005 Apr 2005 4 Jul 2005 3 7 4.84
-10.43% Mar 1985 Sep 1985 7 Dec 1985 3 10 4.50
-9.76% Mar 1992 Jun 1992 4 Nov 1992 5 9 6.05
-8.62% Feb 1994 Jun 1994 5 Mar 1995 9 14 4.51
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 123 3.8 Months 26.11%
 
DD = 0% 26.11%
 
0% < DD <= -5% 103 4.6 Months 21.87%
 
DD <= -5% 47.98%
 
-5% < DD <= -10% 82 5.7 Months 17.41%
 
DD <= -10% 65.39%
 
-10% < DD <= -15% 56 8.4 Months 11.89%
 
DD <= -15% 77.28%
 
-15% < DD <= -20% 48 9.8 Months 10.19%
 
DD <= -20% 87.47%
 
-20% < DD <= -25% 19 24.8 Months 4.03%
 
DD <= -25% 91.51%
 
-25% < DD <= -30% 17 27.7 Months 3.61%
 
DD <= -30% 95.12%
 
-30% < DD <= -35% 12 39.3 Months 2.55%
 
DD <= -35% 97.66%
 
-35% < DD <= -40% 5 94.2 Months 1.06%
 
DD <= -40% 98.73%
 
-40% < DD <= -45% 3 157.0 Months 0.64%
 
DD <= -45% 99.36%
 
-45% < DD <= -50% 2 235.5 Months 0.42%
 
DD <= -50% 99.79%
 
-50% < DD <= -55% 1 471.0 Months 0.21%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-53.79% Jun 2007 Feb 2009 21 Jan 2013 47 68 22.89
-41.24% Sep 1987 Oct 1990 38 Jan 1992 15 53 20.64
-39.43% Mar 2000 Feb 2003 36 Nov 2004 21 57 20.70
-34.84% Jul 2021 Oct 2023 28 in progress 4 32 22.97
-33.99% Sep 2018 Mar 2020 19 Nov 2020 8 27 14.30
-30.34% May 1998 Aug 1998 4 Dec 1999 16 20 14.50
-21.30% Jun 1986 Sep 1986 4 Jul 1987 10 14 11.48
-16.92% Apr 2015 Feb 2016 11 Nov 2016 9 20 7.84
-12.25% Jun 1996 Jul 1996 2 Dec 1996 5 7 5.80
-11.92% Mar 1985 Sep 1985 7 Dec 1985 3 10 5.47
-11.54% Jan 2005 Apr 2005 4 Jul 2005 3 7 5.36
-10.73% Mar 1992 Jun 1992 4 Dec 1992 6 10 6.73
-9.61% Feb 1994 Jun 1994 5 May 1995 11 16 5.52
-9.59% Apr 2006 Jul 2006 4 Nov 2006 4 8 5.41
-7.76% Aug 2005 Oct 2005 3 Jan 2006 3 6 3.63
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 91 5.2 Months 19.32%
 
DD = 0% 19.32%
 
0% < DD <= -5% 94 5.0 Months 19.96%
 
DD <= -5% 39.28%
 
-5% < DD <= -10% 79 6.0 Months 16.77%
 
DD <= -10% 56.05%
 
-10% < DD <= -15% 57 8.3 Months 12.10%
 
DD <= -15% 68.15%
 
-15% < DD <= -20% 55 8.6 Months 11.68%
 
DD <= -20% 79.83%
 
-20% < DD <= -25% 36 13.1 Months 7.64%
 
DD <= -25% 87.47%
 
-25% < DD <= -30% 20 23.6 Months 4.25%
 
DD <= -30% 91.72%
 
-30% < DD <= -35% 20 23.6 Months 4.25%
 
DD <= -35% 95.97%
 
-35% < DD <= -40% 10 47.1 Months 2.12%
 
DD <= -40% 98.09%
 
-40% < DD <= -45% 6 78.5 Months 1.27%
 
DD <= -45% 99.36%
 
-45% < DD <= -50% 1 471.0 Months 0.21%
 
DD <= -50% 99.58%
 
-50% < DD <= -55% 2 235.5 Months 0.42%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES RUSSELL 2000 ETF (IWM) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -42.27 03/2008
02/2009
0.57$ -10.11 0.89$ 10.55 1.10$ 29.88 1.29$ 95.39 04/2020
03/2021
1.95$ 9.89 30.09%
2Y -28.64 03/2007
02/2009
0.50$ -3.95 0.92$ 9.81 1.20$ 21.38 1.47$ 46.88 03/2009
02/2011
2.15$ 1.58 20.77%
3Y -17.61 03/2006
02/2009
0.55$ 1.03 1.03$ 10.13 1.33$ 17.42 1.61$ 29.79 04/2003
03/2006
2.18$ -1.01 14.46%
5Y -6.56 03/2004
02/2009
0.71$ 2.00 1.10$ 8.33 1.49$ 14.98 2.00$ 26.45 03/2009
02/2014
3.23$ 6.79 6.64%
7Y -1.29 03/2002
02/2009
0.91$ 5.49 1.45$ 8.15 1.73$ 11.90 2.19$ 16.49 04/2009
03/2016
2.91$ 7.14 0.72%
10Y 1.48 03/1999
02/2009
1.15$ 5.73 1.74$ 8.77 2.31$ 11.21 2.89$ 16.53 03/2009
02/2019
4.61$ 7.09 0.00%
15Y 4.43 03/1994
02/2009
1.91$ 6.66 2.63$ 7.95 3.15$ 9.18 3.73$ 13.19 03/2009
02/2024
6.41$ 13.19 0.00%
20Y 5.30 04/2000
03/2020
2.80$ 7.62 4.34$ 8.55 5.15$ 9.63 6.29$ 10.31 10/2001
09/2021
7.12$ 7.89 0.00%
30Y 8.72 03/1994
02/2024
12.28$ 8.72 12.28$ 8.72 12.28$ 8.72 12.28$ 8.72 03/1994
02/2024
12.28$ 8.72 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -42.28 03/2008
02/2009
0.57$ -12.90 0.87$ 7.58 1.07$ 26.55 1.26$ 90.41 04/2020
03/2021
1.90$ 6.99 33.81%
2Y -30.08 03/2007
02/2009
0.48$ -5.57 0.89$ 7.50 1.15$ 18.58 1.40$ 43.80 03/2009
02/2011
2.06$ -2.63 25.22%
3Y -19.37 03/2006
02/2009
0.52$ -1.82 0.94$ 7.45 1.24$ 14.90 1.51$ 26.27 04/2003
03/2006
2.01$ -6.18 18.77%
5Y -8.97 03/2004
02/2009
0.62$ -0.56 0.97$ 6.08 1.34$ 12.64 1.81$ 23.89 03/2009
02/2014
2.91$ 2.58 17.61%
7Y -3.77 03/2002
02/2009
0.76$ 2.65 1.20$ 5.37 1.44$ 9.84 1.92$ 14.71 10/2011
09/2018
2.61$ 3.55 2.53%
10Y -1.08 03/1999
02/2009
0.89$ 3.31 1.38$ 6.31 1.84$ 9.02 2.37$ 14.51 03/2009
02/2019
3.87$ 4.20 2.07%
15Y 1.88 03/1994
02/2009
1.32$ 4.30 1.87$ 5.53 2.24$ 6.93 2.73$ 10.39 03/2009
02/2024
4.40$ 10.39 0.00%
20Y 3.15 04/2000
03/2020
1.86$ 5.32 2.81$ 6.17 3.31$ 7.17 3.99$ 7.96 10/2001
09/2021
4.63$ 5.19 0.00%
30Y 6.05 03/1994
02/2024
5.81$ 6.05 5.81$ 6.05 5.81$ 6.05 5.81$ 6.05 03/1994
02/2024
5.81$ 6.05 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -42.27 03/2008
02/2009
0.57$ -9.70 0.90$ 10.85 1.10$ 28.95 1.28$ 95.39 04/2020
03/2021
1.95$ 9.89 28.10%
2Y -28.64 03/2007
02/2009
0.50$ -2.86 0.94$ 9.91 1.20$ 21.04 1.46$ 46.88 03/2009
02/2011
2.15$ 1.58 19.02%
3Y -17.61 03/2006
02/2009
0.55$ 1.97 1.06$ 10.00 1.33$ 16.68 1.58$ 31.82 11/1990
10/1993
2.29$ -1.01 11.72%
5Y -6.56 03/2004
02/2009
0.71$ 2.82 1.14$ 9.46 1.57$ 15.79 2.08$ 26.45 03/2009
02/2014
3.23$ 6.79 4.87%
7Y -1.29 03/2002
02/2009
0.91$ 5.96 1.49$ 9.08 1.83$ 13.53 2.43$ 23.10 11/1990
10/1997
4.28$ 7.14 0.52%
10Y 1.48 03/1999
02/2009
1.15$ 6.54 1.88$ 9.76 2.53$ 12.35 3.20$ 17.90 11/1990
10/2000
5.18$ 7.09 0.00%
15Y 4.43 03/1994
02/2009
1.91$ 6.99 2.75$ 8.69 3.48$ 11.46 5.09$ 13.98 11/1990
10/2005
7.11$ 13.19 0.00%
20Y 5.30 04/2000
03/2020
2.80$ 7.87 4.54$ 9.14 5.74$ 10.16 6.91$ 12.08 12/1987
11/2007
9.78$ 7.89 0.00%
30Y 8.06 11/1993
10/2023
10.23$ 8.80 12.55$ 9.48 15.13$ 10.41 19.52$ 11.17 01/1991
12/2020
23.93$ 8.72 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -42.28 03/2008
02/2009
0.57$ -11.70 0.88$ 7.47 1.07$ 25.64 1.25$ 90.41 04/2020
03/2021
1.90$ 6.99 33.12%
2Y -30.08 03/2007
02/2009
0.48$ -5.29 0.89$ 7.33 1.15$ 18.16 1.39$ 43.80 03/2009
02/2011
2.06$ -2.63 27.07%
3Y -19.37 03/2006
02/2009
0.52$ -1.44 0.95$ 6.99 1.22$ 14.20 1.48$ 28.03 11/1990
10/1993
2.09$ -6.18 18.39%
5Y -8.97 03/2004
02/2009
0.62$ -0.26 0.98$ 6.54 1.37$ 13.10 1.85$ 23.89 03/2009
02/2014
2.91$ 2.58 16.55%
7Y -3.77 03/2002
02/2009
0.76$ 3.18 1.24$ 6.35 1.53$ 11.05 2.08$ 19.78 11/1990
10/1997
3.53$ 3.55 1.81%
10Y -1.08 03/1999
02/2009
0.89$ 4.10 1.49$ 7.03 1.97$ 9.70 2.52$ 14.81 11/1990
10/2000
3.97$ 4.20 1.42%
15Y 1.88 03/1994
02/2009
1.32$ 4.54 1.94$ 6.24 2.47$ 8.55 3.42$ 10.98 11/1990
10/2005
4.76$ 10.39 0.00%
20Y 3.15 04/2000
03/2020
1.86$ 5.37 2.84$ 6.45 3.48$ 7.24 4.04$ 8.75 12/1987
11/2007
5.35$ 5.19 0.00%
30Y 5.40 11/1993
10/2023
4.84$ 6.11 5.92$ 6.74 7.06$ 7.74 9.35$ 8.71 01/1991
12/2020
12.26$ 6.05 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares Russell 2000 ETF (IWM) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares Russell 2000 ETF (IWM) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.37
40%
0.46
60%
-5.17
40%
1.47
60%
-0.32
60%
2.40
80%
3.33
80%
-0.87
40%
-3.92
20%
2.68
80%
5.88
80%
3.86
80%
Best 9.8
2023
6.2
2021
1.4
2021
13.8
2020
6.6
2020
8.1
2023
10.6
2022
5.5
2020
2.0
2019
11.2
2022
18.2
2020
12.1
2023
Worst -9.5
2022
-8.8
2020
-21.5
2020
-9.9
2022
-7.9
2019
-8.4
2022
-3.6
2021
-5.1
2023
-9.7
2022
-6.9
2023
-4.3
2021
-6.5
2022
Monthly Seasonality over the period Feb 1985 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.04
50%
1.13
60%
-1.56
60%
0.48
60%
0.78
70%
2.20
80%
1.79
70%
-0.10
50%
-2.54
30%
1.08
70%
4.85
90%
0.77
60%
Best 11.3
2019
6.2
2021
8.0
2016
13.8
2020
6.6
2020
8.1
2023
10.6
2022
5.5
2020
6.3
2017
11.2
2022
18.2
2020
12.1
2023
Worst -9.5
2022
-8.8
2020
-21.5
2020
-9.9
2022
-7.9
2019
-8.4
2022
-6.1
2014
-6.3
2015
-9.7
2022
-11.0
2018
-4.3
2021
-12.0
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.49
58%
1.65
63%
0.67
69%
1.32
62%
1.46
69%
0.68
59%
0.17
56%
-0.19
53%
-0.99
49%
-0.27
59%
2.12
72%
2.93
77%
Best 14.7
1985
16.5
2000
8.2
2010
15.4
2009
11.1
1997
9.3
2000
10.6
2022
7.6
2000
12.4
2010
15.1
2011
18.2
2020
12.1
2023
Worst -9.7
2009
-12.0
2009
-21.5
2020
-9.9
2022
-7.9
2019
-8.4
2022
-13.3
2002
-19.3
1998
-14.6
2001
-32.1
1987
-11.9
2008
-12.0
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares Russell 2000 ETF (IWM) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES RUSSELL 2000 ETF (IWM) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
221 Positive Months (61%) - 139 Negative Months (39%)
292 Positive Months (62%) - 178 Negative Months (38%)
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(Scroll down to see all data)
Investment Returns, up to December 2000, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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