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IWLvsSCLZETF Comparison

ETF 1
IWL

iShares Russell Top 200 ETF

This fund is part of
US Large Cap
-0.2%
Full IWL fund page
VS
ETF 2
SCLZ

Swan Enhanced Dividend Income ETF

This fund is part of
Options Strategies
-0.11%
Full SCLZ fund page

iShares Russell Top 200 ETF (IWL) belongs to the US Large Cap segment. Swan Enhanced Dividend Income ETF (SCLZ) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. IWL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.79% for SCLZ. IWL is down -1.6% year-to-date (YTD) with +$27M in YTD flows. SCLZ performs better with -0.49% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of IWL and SCLZ 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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IWL vs SCLZ performance and flow charts

Performance

-3.0-2.0-1.00.0%Feb 9Feb 17Feb 24Mar 3Mar 10

Cumulative Flows

-25,000,000-20,000,000-15,000,000-10,000,000-5,000,0000Feb 9Feb 17Feb 24Mar 3Mar 10

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

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

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
IWL
SCLZ
-2.09%-1.28%
-2.06%+0.58%
-1.60%-0.49%
+22.98%+10.31%
+90.96%n/a
+91.98%n/a
Flows
IWL
SCLZ
-$17M-
+$52M+$1M
+$27M-
+$124M+$5M
+$473M-
+$432M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
IWL
SCLZ
+12.13%+9.27%
+18.67%+13.16%
+15.25%n/a
+17.21%n/a
Max drawdown
IWL
SCLZ
-3.91%-2.59%
-13.89%-9.53%
-19.22%n/a
-25.69%n/a
Max drawdown duration
IWL
SCLZ
57d35d
45d43d
126dn/a
707dn/a
Trading data

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IWL
SCLZ
Last sale
3/11/2026 at 1:30 PM
$167.70
$53.85
Previous close
03/10/2026
$167.80
$53.69
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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SCLZ
is actively managed and doesn’t replicate an index

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IWL
SCLZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
IWL
SCLZ
Last price
$167.70
$53.85
1D performance
-0.06%
+0.30%
AuM$2.02 B$16.10 M
E/R0.15%0.79%
Characteristics
IWL
SCLZ
Management strategyPassiveActive
ProvideriSharesSwan Capital Management
BenchmarkRussell Top 200 Index-
N° of holdings19154
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateSeptember 22, 2009February 27, 2024
ESGNoNo
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Exposure

Countries

IWL
USA
97.35%
Other
2.65%
SCLZ
USA
93.51%
Other
6.49%

Sectors

IWL
Information Techn.
38.16%
Communication Ser.
12.45%
Consumer Discreti.
10.35%
Financials
10.26%
Health Care
9.43%
Other
19.35%
SCLZ
Information Techn.
35.43%
Communication Ser.
11.22%
Consumer Discreti.
10.33%
Health Care
9.45%
Industrials
8.42%
Financials
7.28%
Other
17.87%
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Diversification

IWL

Total weight of top 15 holdings out of 15

50.83%
SCLZ

Total weight of top 15 holdings out of 15

56.13%

Top 15 holdings

Data as of January 31, 2026
IWL
NVIDIA
8.84%
APPLE
7.38%
MICROSOFT-T
6.31%
AMAZON.COM INC
4.55%
ALPHABET INC-CL
3.86%
META PLATFORMS
3.16%
ALPHABET INC-CL
3.14%
BROADCOM LIMITED
3.00%
TESLA
2.31%
BERKSHIRE HATHWAY
1.72%
JPMORGAN CHASE
1.63%
LILLY
1.61%
EXXON
1.16%
VISA INCORPORATION
1.10%
JOHNSON&JOHNSON
1.07%
SCLZ
APPLE
6.21%
NVIDIA
5.71%
ALPHABET INC-CL
5.16%
MICROSOFT-T
4.57%
META PLATFORMS
4.47%
LILLY
3.98%
AMAZON.COM INC
3.94%
BROADCOM LIMITED
3.66%
JPMORGAN CHASE
3.39%
INTL BUSINESS MACHINES CORP
2.66%
BERKSHIRE HATHWAY
2.57%
JOHNSON&JOHNSON
2.57%
MASTERCARD
2.47%
GENERAL ELECTRIC
2.42%
ADVANCED MICRO DEVICES
2.34%
Frequently asked questions about IWL and SCLZ

How have the IWL and SCLZ ETFs performed in 2026?

As of March 10, 2026, IWL is down -1.6% year-to-date (YTD), while SCLZ has lost -0.49%. That puts SCLZ better performer ahead so far this year.

Which ETF is attracting more investor money: IWL or SCLZ?

Year-to-date, the IWL ETF saw +$27M in flows, compared to - for SCLZ.

Which ETF is more volatile: IWL or SCLZ?

Over the past year, IWL had a volatility of 18.67%, while SCLZ experienced 13.16%.

Which ETF is bigger: IWL or SCLZ?

As of March 10, 2026, IWL holds $2.02 B in assets under management (AUM), while SCLZ manages $16.10 M.

What sectors do the IWL and SCLZ ETFs invest in?

IWL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, SCLZ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the IWL ETF and SCLZ ETF?

IWL top holdings include NVIDIA, APPLE and MICROSOFT-T. SCLZ holds in its top three: APPLE, NVIDIA and ALPHABET INC-CL.

Which ETF is more diversified: IWL or SCLZ?

IWL holds 201 securities with 50.83% of its assets in the top 15. SCLZ has 54 securities and a top 15 weight of 56.13%.

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