IWCvsHAPSETF Comparison
VS
ETF 2
HAPS
Harbor Human Capital Factor US Small Cap ETF
iShares Micro-Cap ETF (IWC) belongs to the US Small Cap segment. Harbor Human Capital Factor US Small Cap ETF (HAPS) is part of the segment. Both ETFs have the same top 3 sector exposures: Finance, Healthcare and Technology. IWC is less expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.61% for HAPS. IWC is up 12.69% year-to-date (YTD) with -$2M in YTD flows. HAPS performs better with 18.96% YTD performance, and -$8K in YTD flows. Run a side-by-side ETF comparison of IWC and HAPS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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IWC vs HAPS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWC HAPS | -5.80%+1.44% | -6.14%+1.25% | +12.69%+18.96% | +14.96%+19.06% | +98.73%+67.40% | +26.58%n/a |
| Flows | IWC HAPS | -$100M- | -$127M+$86K | -$2M-$8K | +$47M+$1M | -$70M-$2M | -$173M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWC HAPS | +17.37%+12.26% | +22.96%+15.34% | +24.46%+20.26% | +24.46%n/a |
| Max drawdown | IWC HAPS | -13.34%-7.11% | -13.34%-10.02% | -29.17%-27.24% | -40.55%n/a |
| Max drawdown duration | IWC HAPS | 68d57d | 68d83d | 233d393d | 1409dn/a |
Trading data
IWC | HAPS | |
Last sale 10/23/2026 at 1:30 PM | $176.36 | $37.33 |
| Previous close 10/22/2026 | $177.59 | $37.28 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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IWC | HAPS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
IWC | HAPS | |
|---|---|---|
| Last price | $176.36 | $37.33 |
| 1D performance | -0.69% | +0.13% |
| AuM | $1.23 B | $170.78 M |
| E/R | 0.6% | 0.61% |
Characteristics
IWC | HAPS | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Harbor Capital |
| Benchmark | Russell Microcap Index | Human Capital Factor Small Cap Index |
| N° of holdings | 1336 | 431 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 12, 2005 | April 12, 2023 |
| ESG | No | Yes |
Exposure
Countries
IWC
USA
97.67%
Other
2.33%
HAPS
USA
97.75%
Other
2.25%
Sectors
IWC
Finance
28.98%
Healthcare
27.18%
Technology
10.72%
Industrials
8.71%
Other
24.41%
HAPS
Finance
26.94%
Healthcare
19.73%
Technology
15.83%
Other
37.5%
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Diversification
IWC
Total weight of top 15 holdings out of 15
7.17%
HAPS
Total weight of top 15 holdings out of 15
25.32%
Top 15 holdings
Data as of August 31, 2026
IWC
CareDx, Inc.
0.60%
SELLAS Life Sciences Group, Inc.
0.58%
Nurix Therapeutics, Inc.
0.57%
Penguin Solutions, Inc.
0.57%
Interface, Inc.
0.51%
Ouster, Inc.
0.50%
BlackRock Cash Funds - Treasury
0.50%
Viridian Therapeutics, Inc.
0.49%
MBX Biosciences, Inc.
0.44%
UroGen Pharma Ltd.
0.43%
Innodata, Inc.
0.42%
Nuvation Bio, Inc.
0.39%
QCR Holdings, Inc.
0.39%
Ellington Financial, Inc.
0.39%
Butterfly Network, Inc.
0.39%
HAPS
Twist Bioscience Corp.
2.90%
Kymera Therapeutics, Inc.
2.10%
Organon & Co.
2.02%
Avnet, Inc.
1.97%
Magnolia Oil & Gas Corp.
1.97%
Phillips Edison & Co., Inc.
1.91%
Sensient Technologies Corp.
1.80%
Apple Hospitality REIT, Inc.
1.65%
AtriCure, Inc.
1.37%
Tarsus Pharmaceuticals, Inc.
1.34%
The Chemours Co.
1.33%
GATX Corp.
1.32%
JFrog Ltd.
1.25%
Archrock, Inc.
1.21%
Hancock Whitney Corp.
1.18%
Frequently asked questions about IWC and HAPS
How have the IWC and HAPS ETFs performed in 2026?
As of October 23, 2026, IWC is up 12.69% year-to-date (YTD), while HAPS has returned 18.96%. That puts HAPS better performer ahead so far this year.
Which ETF is attracting more investor money: IWC or HAPS?
Year-to-date, the IWC ETF saw -$2M in flows, compared to -$8K for HAPS.
Which ETF is more volatile: IWC or HAPS?
Over the past year, IWC had a volatility of 22.96%, while HAPS experienced 15.34%.
Which ETF is bigger: IWC or HAPS?
As of October 23, 2026, IWC holds $1.23 B in assets under management (AUM), while HAPS manages $170.78 M.
What sectors do the IWC and HAPS ETFs invest in?
IWC leans toward sectors like Finance, Healthcare and Technology. Meanwhile, HAPS focuses on Finance, Healthcare and Technology.
What are the top holdings of the IWC ETF and HAPS ETF?
IWC top holdings include CareDx, Inc., SELLAS Life Sciences Group, Inc. and Nurix Therapeutics, Inc.. HAPS holds in its top three: Twist Bioscience Corp., Kymera Therapeutics, Inc. and Organon & Co..
Which ETF is more diversified: IWC or HAPS?
IWC holds 1346 securities with 7.17% of its assets in the top 15. HAPS has 431 securities and a top 15 weight of 25.32%.
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