Is IWM a good investment?

iShares Russell 2000 ETF (IWM) is a US small-cap ETF. As of September 11, 2026, ETF Copilot scores IWM 4.2 out of 10 — highest on Valuation (8.2), lowest on Quality (0.7). It trades at 16.8 times earnings, against its own median of 16.7. Its ten largest holdings are 3% of the fund.

Updated September 11, 2026

How is IWM rated? ETF Copilot scores iShares Russell 2000 ETF (IWM) 4.2 out of 10

As of September 11, 2026, ETF Copilot scores iShares Russell 2000 ETF (IWM) 4.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.2 / 10
Growth: 5.1 / 10
Valuation: 8.2 / 10
Risk: 2.4 / 10
Quality: 0.7 / 10
Return: 4.3 / 10

What is IWM's expense ratio? 0.19% a year

As of September 11, 2026, IWM charges 0.19% a year, yields 1.34% and holds $80.5B in assets across 1951 positions.

iShares Russell 2000 ETF (IWM) — cost, income and size
Measure	IWM
Expense ratio	0.19%
Dividend yield	1.34%
Assets under management	$80.5B
Holdings	1951

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in IWM's data

Tracks the Russell 2000, a broad index of U.S. small-cap stocks.

Trades at a cheaper multiple than most small-cap peers — less of the price is tied to near-term earnings.

Trailing EBITDA multiple of 11.2x ranks among the cheapest in the small-cap category, below the peer median of 11.5x. The fund holds 1,951 stocks, offering broad coverage of the U.S. small-cap universe.

A broad small-cap position that adds risk and return potential beyond large-company exposure.

Why did IWM move this week? It fell 2.1% in the week to September 11, 2026 — Servicetitan and Qualys drove it

IWM fell 2.1% in the week to September 11, 2026. The holdings that moved it most were Servicetitan (−41.3%), Qualys (−13.8%) and Dyne Therapeutics (−27.0%); Maxlinear (+25.4%) pushed the other way.

Is IWM expensive right now? It trades at 16.8 times earnings, against its own median of 16.7

As of September 11, 2026, IWM is more expensive than 56% of its own 114 monthly readings since 2017 — 64 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside IWM? 14% Tech

What's inside IWM: Size (Large 0%, Mid 31%, Small 69%); Geography (International 7%, US 93%); Tech 13.9%; AI 0.2%; Semiconductors 2.4%; Memory 0.3%.

What are IWM's top holdings? The ten largest are 3% of the fund

UMB Financial, Moog, Glaukos, Brightspring Hlth Services, HUT, Cytokinetics, Jfrog, Firstcash, Brinker International and SM Energy are IWM's largest holdings, in that order.

Less concentrated than 90% of US Small Cap ETFs.

Half of IWM's weight sits in its 300 largest positions, and once those weights are taken into account it behaves like 838 equally weighted holdings.

Cite this

ETF Copilot, “iShares Russell 2000 ETF (IWM) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/iwm