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CZAvsIWSETF Comparison
Invesco Zacks Mid-Cap ETF (CZA) belongs to the US Multi-Factor segment. iShares Russell Mid-Cap Value ETF (IWS) is part of the US Mid Cap Value segment. CZA's top 3 sector exposures are Financials, Industrials and Materials. In contrast, IWS's top sector exposures are Industrials, Financials and Information Technology. CZA is more expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.23% for IWS. CZA is down -0.05% year-to-date (YTD) with -$42M in YTD flows. IWS performs better with 2.84% YTD performance, and -$200M in YTD flows. Run a side-by-side ETF comparison of CZA and IWS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
CZA vs IWS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CZA IWS | -4.44%-3.71% | -0.79%+1.80% | -0.05%+2.84% | +10.07%+18.90% | +36.87%+49.02% | +43.39%+42.41% |
| Flows | CZA IWS | -+$93M | -$3M-$108M | -$42M-$200M | -$19M-$453M | -$67M-$2.15B | -$98M-$2.34B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CZA IWS | +12.47%+13.55% | +17.67%+18.33% | +14.78%+15.59% | +16.06%+17.34% |
| Max drawdown | CZA IWS | -6.49%-6.06% | -13.23%-13.73% | -18.73%-20.45% | -18.73%-21.32% |
| Max drawdown duration | CZA IWS | 14d10d | 37d46d | 373d269d | 373d785d |
CZA | IWS | |
Last sale 3/13/2026 at 1:30 PM | $110.44 | $144.89 |
| Previous close 03/12/2026 | $110.66 | $145.01 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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CZA | IWS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
CZA | IWS | |
|---|---|---|
| Last price | $110.44 | $144.89 |
| 1D performance | -0.20% | -0.08% |
| AuM | $180.40 M | $14.54 B |
| E/R | 0.69% | 0.23% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the CZA and IWS ETFs performed in 2026?
As of March 12, 2026, CZA is down -0.05% year-to-date (YTD), while IWS has returned 2.84%. That puts IWS better performer ahead so far this year.
Which ETF is attracting more investor money: CZA or IWS?
Year-to-date, the CZA ETF saw -$42M in flows, compared to -$200M for IWS.
Which ETF is more volatile: CZA or IWS?
Over the past year, CZA had a volatility of 17.67%, while IWS experienced 18.33%.
Which ETF is bigger: CZA or IWS?
As of March 12, 2026, CZA holds $180.40 M in assets under management (AUM), while IWS manages $14.54 B.
What sectors do the CZA and IWS ETFs invest in?
CZA leans toward sectors like Financials, Industrials and Materials. Meanwhile, IWS focuses on Industrials, Financials and Information Technology.
What are the top holdings of the CZA ETF and IWS ETF?
CZA top holdings include IQVIA HOLDINGS INC, NUCOR and WABTEC. IWS holds in its top three: WESTERN DIGITAL, CORNING and CUMMINS.
Which ETF is more diversified: CZA or IWS?
CZA holds 101 securities with 28.8% of its assets in the top 15. IWS has 714 securities and a top 15 weight of 9.98%.
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