ETF · Small Blend

iShares Russell 2000 ETF(IWM)

$294.04
-0.52%
Expense Ratio
$71.9B
Total AUM
Holdings
Inception
Active Share vs VOO
Truly Active
0%20%60%100%
107.2%

AI Look-Through Summary

AI Generated

The portfolio's sector allocation is predominantly comprised of "Other" sectors, which suggests a lack of significant exposure to traditional industry groups like Technology or Healthcare. This is consistent with the fund's mandate as a small-cap blend ETF, tracking the Russell 2000 index. The geographic and market-capitalization profiles are also typical of a small-cap focused portfolio, with minimal international exposure.

The top holdings reveal a relatively low level of concentration risk, with no single stock accounting for more than 15.6% of the fund's assets. However, this dominant holding does not appear to be significantly over-represented in the broader market, based on available data. The sector mix is generally consistent with that of the Russell 2000 index, though a more detailed comparison would require additional information. A favorable macro environment for this portfolio might include periods of economic growth and low interest rates, which could support small-cap stocks' relative outperformance.

Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-14 07:24:58.995877+00

🔍 Theme Alignment Audit

AI GeneratedPurity: 95/100

The investment theme implied by the iShares Russell 2000 ETF is exposure to small-cap U.S. equities, a category defined specifically by market capitalization rather than a specific industry or strategic niche. The provided top holdings list consists of generic ticker identifiers without company names, making it impossible to identify any individual securities that deviate from the stated theme based on their business operations. Consequently, there is no evidence within this data set suggesting an over-reliance on mega-cap stocks or unrelated industries that would dilute a thematic focus, as such deviations typically involve recognizable large-cap entities appearing in a small-cap fund's portfolio. The absence of named holdings in the provided text prevents any observation of misalignment between the fund's name and its actual asset composition regarding industry classification.

Sector coherence is inherently difficult to assess with the current data since specific sector weights for industries like technology, healthcare, or financials are not included in the input, nor are the underlying companies identified by name. However, the top-10 concentration metric of 17.8% indicates a relatively dispersed portfolio structure typical of broad small-cap indices designed to mimic the Russell 2000 benchmark rather than concentrate on specific leaders within that universe. This low concentration level suggests the fund maintains differentiation from strategies that might heavily weight individual outperformers, adhering instead to a passive replication approach intended to capture the aggregate performance of the entire small-cap segment. Without sector breakdowns or named holdings, it remains factual only that the structural design aligns with broad market indexing rather than active thematic selection based on specific industry exposure.

AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 08:58:18.507431+00

Flow Driver Analysis

2-Step Circle

Which larger ETFs share IWM's holdings — and mechanically drive its price through index rebalancing flows?

Approximately 100% of IWM's weight flows through these larger ETFs

Driver ETFAUMExpenseShared StocksWeight Overlap
ITOTiShares Core S&P Total U.S. Stock Market ETF$80B1426100.0%
SCHBSchwab U.S. Broad Market ETF$37B133489.8%
SCHASCHA$20B138186.4%
URTHiShares MSCI World ETF$7B718.8%
ACWIiShares MSCI ACWI ETF$28B718.4%

100% of IWM's portfolio by weight is also held by ITOT. When ITOT receives inflows, it mechanically buys these shared stocks — dragging IWM's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofIWM's weight.

Overlap computed from constituent-level holdings data across 5 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.

ETF Look-Through Dashboard

Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.

55.0x
Weighted P/E
0.16x
Weighted P/B
$0B
Wtd Avg Market Cap

Weighted metrics calculated based on 1% of fund assets with available data.

Herfindahl-Hirschman Concentration Index

01000200030004000257
Well Diversified
Top 5: 18.1%Top 10: 20.2%

Morningstar-Style Box

Value
Blend
Growth
Large
Mid
Small
Small Growth

Sector & Cap Explorer

Visualization Mode

Earnings vs. Price Decomposition

Proprietary
+33.1%
ETF 1Y Return
+104.6%
Wtd Earnings Growth
-71.5%
Multiple Contraction
Earnings

IWM is up 33.1% over the last 12 months. The underlying weighted earnings growth of its constituents is +104.6%. Despite earnings growth, valuations have contracted by 71.5% — the market is paying less per dollar of earnings than a year ago.

Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 2% of fund weight with earnings data. Not investment advice.

Concentration Risk Monitor

HIGH
15.6%
Largest Holding
066922519
17.0%
Top 3 Weight
39
Effective # of Stocks
95%
Top Stock Var. Share
Portfolio weight concentration
066922519
Other 45 stocks

066922519 at 15.6% contributes an estimated 95% of portfolio variance.IWM holds 50 stocks but behaves like an 39-stock portfolio due to weight concentration in the top holdings.

Effective # of Stocks = 1 / HHI (Herfindahl-Hirschman Index). Variance share approximated as w² / Σw². Not investment advice.

Under the Hood — Top 15 Constituents

Top 10 Concentration20.2%
#TickerCompanyWeightP/EF-Score
1066922519
BlackRock Funds III
15.61%
2KYG254571055
Credo Technology Group Holding Ltd.
0.76%
82.7x7/9
3093712107
Bloom Energy Corp.
0.64%
446222L108
IonQ, Inc.
0.60%
550077B207
Kratos Defense & Security Solutions, Inc.
0.54%
6KYG3323L1005
Fabrinet
0.46%
54.1x2/9
702156V109
Oklo, Inc.
0.43%
8192108504
Coeur Mining, Inc.
0.42%
9750917106
Rambus, Inc.
0.40%
10433000106
Hims & Hers Health, Inc.
0.38%
1165290E101
NEXTracker, Inc.
0.38%
12066922477
BlackRock Funds III
0.37%
13278768106
EchoStar Corp.
0.36%
14859241101
Sterling Infrastructure, Inc.
0.36%
15008073108
AeroVironment, Inc.
0.35%
The bottom 1965 stocks in IWM account for only 78.0% of the total fund weight.Only the top 50 holdings are shown. Total holdings: 1,980.

Historical Holdings Snapshots

Browse how IWM’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.

2026-07-19

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

2026-07-18

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

2026-07-17

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

2026-07-16

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

2026-07-15

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

2026-07-14

15 holdings · 22.0% tracked weight
#TickerWeightSharesMarket Value
106692251915.61%11,066,262,238$11.1B
2KYG2545710550.76%3,693,705$537.8M
30937121070.64%5,353,374$452.7M
446222L1080.60%6,894,999$424.0M
550077B2070.54%4,159,882$380.1M
6KYG3323L10050.46%901,602$328.7M
702156V1090.43%2,711,684$302.7M
81921085040.42%15,975,612$299.7M
97509171060.40%2,695,497$280.9M
104330001060.38%4,753,221$269.6M
1165290E1010.38%3,638,969$269.2M
120669224770.37%262,232,228$262.2M
132787681060.36%3,382,127$258.3M
148592411010.36%745,102$253.1M
150080731080.35%796,361$250.8M

Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.

Risk Profile

22.0%
Annual Volatility
1.37
Sharpe (1Y)
-16.3%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this ETF's returns.

0.97
Market β
+0.843
Size (SMB)
Small-cap tilt
+0.154
Value (HML)
Value tilt
-0.267
Profit (RMW)
Weak
-0.016
Invest (CMA)
Neutral
Alpha (annual): +0.67%
R²: 98.2%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Price Chart with Moving Averages

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What Drove IWM Today?

Daily return attribution — which holdings contributed most (and least) to the fund's move.

Fund move:-0.52%(2026-07-17)

Top Detractors

Attribution = holding weight × stock daily return. Only the top contributors and detractors are shown.

Technical Setup

AI Generated

The current price action for the iShares Russell 2000 ETF at $285.12 reflects a specific snapshot within its broader small-cap trajectory, though detailed moving average crossovers and volume profiles are absent from the provided dataset to fully characterize institutional positioning without speculation. In environments where larger market participants typically accumulate or distribute assets, one would generally look for divergences between price momentum and trading volume; however, lacking explicit trend lines or volume spikes in this summary, any assertion regarding whether institutions are aggressively building positions or reducing exposure remains hypothetical. The absence of confirmed short-term moving average crossovers prevents a definitive conclusion on immediate directional bias driven by algorithmic or discretionary large-cap flows, as these technical signals often precede significant shifts in liquidity dynamics for small-blend sectors. Without specific data points indicating whether the price is trading above or below key support levels defined by recent averages, it is impossible to determine if institutional sentiment leans toward bullish accumulation or bearish capitulation at this precise moment. A robust analysis of how larger players are positioned usually requires observing sustained volume increases on upward moves alongside declining volumes on pullbacks, neither of which can be verified here. Consequently, while the sector's valuation relative to historical norms might offer context for long-term strategic allocation, the immediate technical landscape described does not provide sufficient evidence to infer active institutional buying or selling pressure beyond general market noise.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Yield & Income

0.80%
TTM Yield
30-Day SEC Yield
5Y Div CAGR

Sector Drift Over Time

How IWM’s sector allocation has shifted across snapshots. Use the slider to travel through time.

2026-07-1995 snapshots
Other100.0%
2026-03-262026-07-19

Active Conviction Tracker

Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.

No position changes detected between snapshots.

AUM & Capital Flow Tracker

Estimated assets under management derived from SEC filings and daily price movements — tracks how the fund's value evolves over time.

Total Net Assets
$82.06B
Est. AUM Change (90d)
+$11.35B
Price Change (90d)
+16.06%
Filing Snapshots
3
03-1003-3104-2205-1306-0406-2607-17$67.60B$75.72B$83.85B
Estimated AUMTNA Filing Date

Estimated AUM derived from the latest SEC N-PORT filing TNA ($82.06B) scaled by daily price changes. Filing snapshots update when new regulatory filings are published (quarterly for most funds, daily for ARK).

Explore More

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-07-17.

SecuritiesDB is for informational purposes only. Not investment advice.