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IWCvsRFLRETF Comparison

ETF 1

IWC

iShares Micro-Cap ETF

This fund is part of

US Small Cap

+0.36%

Full IWC fund page

VS

ETF 2

RFLR

Innovator U.S. Small Cap Managed Floor ETF

This fund is part of

Options Strategies

+0.26%

Full RFLR fund page

iShares Micro-Cap ETF (IWC) belongs to the US Small Cap segment. Innovator U.S. Small Cap Managed Floor ETF (RFLR) is part of the Options Strategies segment. IWC's top 3 sector exposures are Health Care, Financials and Information Technology. In contrast, RFLR's top sector exposures are Financials, Health Care and Industrials. IWC is less expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.89% for RFLR. IWC is up 14.21% year-to-date (YTD) with +$130M in YTD flows. RFLR performs worse with 5.53% YTD performance, and +$31M in YTD flows. Run a side-by-side ETF comparison of IWC and RFLR 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 RFLR performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IWC RFLR	+11.89%+3.74%	+5.92%+1.63%	+14.21%+5.53%	+65.21%+27.41%	+79.54%n/a	+27.94%n/a
Flows	IWC RFLR	+$19M+$10M	+$30M+$21M	+$130M+$31M	+$147M+$50M	-$43M-	-$148M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IWC RFLR	+27.90%+13.56%	+23.51%+12.44%	+24.14%n/a	+24.46%n/a
Max drawdown	IWC RFLR	-11.16%-5.60%	-12.28%-5.65%	-29.17%n/a	-40.56%n/a
Max drawdown duration	IWC RFLR	76d48d	82d43d	233dn/a	1562dn/a

Trading data

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	IWC	RFLR
Last sale 4/24/2026 at 1:30 PM	$179.69	$30.00
Previous close 04/24/2026	$178.71	$29.91
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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RFLR

is actively managed and doesn’t replicate an index

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	IWC	RFLR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	IWC	RFLR
Last price	$179.69	$30.00
1D performance	+0.55%	+0.30%
AuM	$1.38 B	$74.93 M
E/R	0.6%	0.89%

Characteristics

	IWC	RFLR
Management strategy	Passive	Active
Provider	iShares	Innovator
Benchmark	Russell Microcap Index	-
N° of holdings	964	743
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	August 12, 2005	September 16, 2024
ESG	No	No

More IWC data on Trackinsight

More RFLR data on Trackinsight

Exposure

Countries

IWC

USA

93.58%

Other

6.42%

RFLR

USA

88.81%

Other

11.19%

Sectors

IWC

Health Care

20.7%

Financials

17.02%

Information Techn.

15.6%

Industrials

10.16%

Other

36.52%

RFLR

Financials

14.94%

Health Care

13.65%

Industrials

13.11%

Information Techn.

12.63%

Consumer Discreti.

9.27%

Other

36.4%

Diversification

IWC

Total weight of top 15 holdings out of 15

13.84%

RFLR

Total weight of top 15 holdings out of 15

4.68%

Top 15 holdings

Data as of March 31, 2026

IWC

US74006W2070

1.73%

APPLIED BLOCKCHAIN

1.17%

APPLIED OPTOEL/D

1.16%

COGENT BIOSCIENCES

1.15%

TERNS PHARMACEUTICALS

1.05%

TERAWULF INC

0.93%

ENERGY FUELS

0.89%

CIPHER MINING INC

0.87%

CELCUITY INC

0.83%

COMMSCOPE HOLDING

0.83%

TUTOR PERINI

0.71%

ERASCA

0.64%

COMPOSECURE INC

0.63%

US2528281080

0.63%

AXT

0.62%

RFLR

SM ENERGY

0.47%

US92333F1012

0.36%

TERNS PHARMACEUTICALS

0.33%

PAR PACIFIC HOLDINGS INC

0.33%

SILICON LABS

0.32%

PBF ENERGY INC (ORDINARY)

0.32%

SPIRE INC

0.30%

PLANET LABS PBC

0.30%

CNX RESOURCES CORP

0.30%

VIAVI SOLUTIONS INC

0.29%

ENERSYS

0.28%

WORKIVA INC

0.27%

ROBERT HALF

0.27%

COMMVAULT SYSTEMS

0.27%

CELCUITY INC

0.27%

Frequently asked questions about IWC and RFLR

How have the IWC and RFLR ETFs performed in 2026?

As of April 24, 2026, IWC is up 14.21% year-to-date (YTD), while RFLR has returned 5.53%. That puts IWC better performer ahead so far this year.

Which ETF is attracting more investor money: IWC or RFLR?

Year-to-date, the IWC ETF saw +$130M in flows, compared to +$31M for RFLR.

Which ETF is more volatile: IWC or RFLR?

Over the past year, IWC had a volatility of 23.51%, while RFLR experienced 12.44%.

Which ETF is bigger: IWC or RFLR?

As of April 24, 2026, IWC holds $1.38 B in assets under management (AUM), while RFLR manages $74.93 M.

What sectors do the IWC and RFLR ETFs invest in?

IWC leans toward sectors like Health Care, Financials and Information Technology. Meanwhile, RFLR focuses on Financials, Health Care and Industrials.

What are the top holdings of the IWC ETF and RFLR ETF?

IWC top holdings include US74006W2070, APPLIED BLOCKCHAIN and APPLIED OPTOEL/D. RFLR holds in its top three: SM ENERGY, US92333F1012 and TERNS PHARMACEUTICALS.

IWCvsRFLRETF Comparison

iShares Micro-Cap ETF

Innovator U.S. Small Cap Managed Floor ETF

IWC vs RFLR performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IWC and RFLR ETFs performed in 2026?

As of April 24, 2026, IWC is up 14.21% year-to-date (YTD), while RFLR has returned 5.53%. That puts IWC better performer ahead so far this year.

Which ETF is attracting more investor money: IWC or RFLR?

Year-to-date, the IWC ETF saw +$130M in flows, compared to +$31M for RFLR.

Which ETF is more volatile: IWC or RFLR?

Over the past year, IWC had a volatility of 23.51%, while RFLR experienced 12.44%.

Which ETF is bigger: IWC or RFLR?

As of April 24, 2026, IWC holds $1.38 B in assets under management (AUM), while RFLR manages $74.93 M.

What sectors do the IWC and RFLR ETFs invest in?

IWC leans toward sectors like Health Care, Financials and Information Technology. Meanwhile, RFLR focuses on Financials, Health Care and Industrials.

What are the top holdings of the IWC ETF and RFLR ETF?

IWC top holdings include US74006W2070, APPLIED BLOCKCHAIN and APPLIED OPTOEL/D. RFLR holds in its top three: SM ENERGY, US92333F1012 and TERNS PHARMACEUTICALS.

Which ETF is more diversified: IWC or RFLR?

IWC holds 1296 securities with 13.84% of its assets in the top 15. RFLR has 833 securities and a top 15 weight of 4.68%.

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