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MNZLvsIWBETF Comparison

ETF 1
MNZL

Manzil Russell Halal USA Broad Market ETF

This fund is part of
US Large Cap
-1.35%
Full MNZL fund page
VS
ETF 2
IWB

iShares Russell 1000 ETF

This fund is part of
US Large Cap
-1.35%
Full IWB fund page

Manzil Russell Halal USA Broad Market ETF (MNZL) and iShares Russell 1000 ETF (IWB) belong to the same industry segment: US Large Cap. MNZL's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, IWB's top sector exposures are Information Technology, Financials and Communication Services. MNZL is more expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.15% for IWB. MNZL is down -1.38% year-to-date (YTD) with +$3M in YTD flows. IWB performs worse with -2.92% YTD performance, and +$336M in YTD flows. Run a side-by-side ETF comparison of MNZL and IWB 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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MNZL vs IWB performance and flow charts

Performance

-5.0-4.0-3.0-2.0-1.00.01.0%Feb 18Feb 25Mar 4Mar 11Mar 18

Cumulative Flows

-600 M-400 M-200 M0 M200 M400 M600 MFeb 18Feb 25Mar 4Mar 11Mar 18

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

Historic performance and flows
Data as of 03/18/2026
1M3MYTD1Y3Y5Y
Perf.
MNZL
IWB
-5.17%-3.69%
-1.03%-1.98%
-1.38%-2.92%
n/a+19.03%
n/a+73.30%
n/a+74.44%
Flows
MNZL
IWB
+$2M+$550M
+$4M+$560M
+$3M+$336M
-+$1.63B
--$354M
-+$726M
Volatility and drawdown
3M1Y3Y5Y
Volatility
MNZL
IWB
+13.61%+12.39%
n/a+18.34%
n/a+14.98%
n/a+17.13%
Max drawdown
MNZL
IWB
-6.11%-4.93%
n/a-13.95%
n/a-19.16%
n/a-25.17%
Max drawdown duration
MNZL
IWB
35d50d
n/a45d
n/a126d
n/a709d
Trading data

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MNZL
IWB
Last sale
3/19/2026 at 2:13 PM
$50.73
$359.64
Previous close
03/18/2026
$50.85
$361.52
Consolidated volume
03/18/2026
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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MNZL
IWB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/19/2026 at 2:13 PM
Live
Closed
MNZL
IWB
Last price
$50.73
$359.64
1D performance
-0.24%
-0.52%
AuM$4.57 M$45.16 B
E/R0.4%0.15%
Characteristics
MNZL
IWB
Management strategyPassivePassive
ProviderManziliShares
BenchmarkRussell IdealRatings Manzil Halal USA Broad Market Custom IndexRussell 1000 Index
N° of holdings405914
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateNovember 19, 2025May 15, 2000
ESGNoNo
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Exposure

Countries

MNZL
USA
95.53%
Other
4.47%
IWB
USA
96.57%
Other
3.43%

Sectors

MNZL
Information Techn.
38.47%
Health Care
18.3%
Consumer Discreti.
13.07%
Industrials
10.86%
Other
19.3%
IWB
Information Techn.
33.11%
Financials
10.83%
Communication Ser.
10.58%
Consumer Discreti.
10.55%
Health Care
9.31%
Industrials
8.57%
Other
17.06%
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Diversification

MNZL

Total weight of top 15 holdings out of 15

43.62%
IWB

Total weight of top 15 holdings out of 15

40.55%

Top 15 holdings

Data as of January 31, 2026
MNZL
APPLE
14.46%
BROADCOM LIMITED
5.97%
TESLA
4.72%
LILLY
3.20%
JOHNSON&JOHNSON
2.11%
MICRON TECHNOLOGY
1.89%
ADVANCED MICRO DEVICES
1.58%
ABBVIE
1.49%
HOME DEPOT
1.43%
PROCTERGAMBLE
1.34%
US5128073062
1.17%
ORACLE SYS
1.12%
INTL BUSINESS MACHINES CORP
1.06%
APPLIED MATERIAL
1.05%
MERCK & CO INC
1.03%
IWB
NVIDIA
7.05%
APPLE
5.89%
MICROSOFT-T
5.03%
AMAZON.COM INC
3.63%
ALPHABET INC-CL
3.08%
META PLATFORMS
2.52%
ALPHABET INC-CL
2.51%
BROADCOM LIMITED
2.39%
TESLA
1.84%
BERKSHIRE HATHWAY
1.38%
JPMORGAN CHASE
1.30%
LILLY
1.28%
EXXON
0.93%
VISA INCORPORATION
0.87%
JOHNSON&JOHNSON
0.86%
Frequently asked questions about MNZL and IWB

How have the MNZL and IWB ETFs performed in 2026?

As of March 18, 2026, MNZL is down -1.38% year-to-date (YTD), while IWB has lost -2.92%. That puts MNZL better performer ahead so far this year.

Which ETF is attracting more investor money: MNZL or IWB?

Year-to-date, the MNZL ETF saw +$3M in flows, compared to +$336M for IWB.

Which ETF is bigger: MNZL or IWB?

As of March 18, 2026, MNZL holds $4.57 M in assets under management (AUM), while IWB manages $45.16 B.

What sectors do the MNZL and IWB ETFs invest in?

MNZL leans toward sectors like Information Technology, Health Care and Consumer Discretionary. Meanwhile, IWB focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the MNZL ETF and IWB ETF?

MNZL top holdings include APPLE, BROADCOM LIMITED and TESLA. IWB holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: MNZL or IWB?

MNZL holds 445 securities with 43.62% of its assets in the top 15. IWB has 1008 securities and a top 15 weight of 40.55%.

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