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RZGvsIWOETF Comparison

ETF 1
RZG

Invesco S&P SmallCap 600® Pure Growth ETF

This fund is part of
US Small Cap Growth
+0.66%
VS
ETF 2
IWO

iShares Russell 2000 Growth ETF

This fund is part of
US Small Cap Growth
+0.66%

Invesco S&P SmallCap 600® Pure Growth ETF (RZG) and iShares Russell 2000 Growth ETF (IWO) belong to the same industry segment: US Small Cap Growth. RZG's top 3 sector exposures are Finance, Healthcare and Industrials. In contrast, IWO's top sector exposures are Healthcare, Technology and Industrials. RZG is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.24% for IWO. RZG is up 20.87% year-to-date (YTD) with +$2M in YTD flows. IWO performs worse with 13.91% YTD performance, and -$570M in YTD flows. Run a side-by-side ETF comparison of RZG and IWO 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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RZG vs IWO performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Cumulative Flows

0 M100 M200 M300 M400 MAug 11Aug 18Aug 25Sep 1Sep 9

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Historic performance and flows
Data as of 09/11/2026
1M3MYTD1Y3Y5Y
Perf.
RZG
IWO
-5.86%-5.53%
-2.41%-2.69%
+20.87%+13.91%
+20.04%+16.94%
+61.39%+59.50%
+26.49%+26.01%
Flows
RZG
IWO
-$4M+$308M
+$5M+$183M
+$2M-$570M
+$3M-$383M
-$11M-$720M
-$26M-$337M
Volatility and drawdown
3M1Y3Y5Y
Volatility
RZG
IWO
+17.20%+18.92%
+18.80%+22.37%
+20.59%+22.97%
+22.85%+24.72%
Max drawdown
RZG
IWO
-10.27%-7.65%
-10.27%-14.82%
-25.62%-28.47%
-38.45%-40.45%
Max drawdown duration
RZG
IWO
73d44d
73d84d
296d280d
1521d1409d
Trading data

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RZG
IWO
Last sale
9/11/2026 at 1:30 PM
$65.49
$367.63
Previous close
09/10/2026
$65.17
$365.67
Consolidated volume
09/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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RZG
IWO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
RZG
IWO
Last price
$65.49
$367.63
1D performance
+0.49%
+0.54%
AuM$125.74 M$14.39 B
E/R0.35%0.24%
Characteristics
RZG
IWO
Management strategyPassivePassive
ProviderInvescoiShares
BenchmarkS&P SmallCap 600 Pure Growth IndexRussell 2000 Growth Index
N° of holdings1261095
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMarch 1, 2006July 24, 2000
ESGNoNo
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Exposure

Countries

RZG
USA
96.91%
Other
3.09%
IWO
USA
96.07%
Other
3.93%

Sectors

RZG
Finance
23.11%
Healthcare
22.81%
Industrials
15.68%
Technology
10.39%
Consumer Non-Cycl.
8.9%
Other
19.11%
IWO
Healthcare
29.4%
Technology
17.79%
Industrials
13.73%
Finance
13.29%
Other
25.79%
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Diversification

RZG

Total weight of top 15 holdings out of 15

23.4%
IWO

Total weight of top 15 holdings out of 15

8.65%

Top 15 holdings

Data as of July 31, 2026
RZG
ACM Research, Inc.
2.00%
Dave, Inc.
1.93%
Protagonist Therapeutics, Inc.
1.76%
Liquidia Corp.
1.68%
Clear Secure, Inc.
1.65%
Acadian Asset Management, Inc.
1.60%
StoneX Group, Inc.
1.55%
Enova International, Inc.
1.53%
The Chefs' Warehouse, Inc.
1.53%
Progyny, Inc.
1.49%
Powell Industries, Inc.
1.36%
Uniti Group, Inc.
1.36%
PTC Therapeutics, Inc.
1.32%
Adamas Trust, Inc.
1.32%
Life360, Inc.
1.32%
IWO
Moog, Inc.
0.76%
BrightSpring Health Services, Inc.
0.76%
Glaukos Corp.
0.62%
Krystal Biotech, Inc.
0.61%
Brinker International, Inc.
0.58%
Crinetics Pharmaceuticals, Inc.
0.55%
HealthEquity, Inc.
0.55%
JFrog Ltd.
0.54%
Protagonist Therapeutics, Inc.
0.54%
StoneX Group, Inc.
0.54%
Ryman Hospitality Properties, Inc.
0.53%
FirstCash Holdings, Inc.
0.53%
ESCO Technologies, Inc.
0.53%
Argan, Inc.
0.51%
InterDigital, Inc.
0.50%
Frequently asked questions about RZG and IWO

How have the RZG and IWO ETFs performed in 2026?

As of September 11, 2026, RZG is up 20.87% year-to-date (YTD), while IWO has returned 13.91%. That puts RZG better performer ahead so far this year.

Which ETF is attracting more investor money: RZG or IWO?

Year-to-date, the RZG ETF saw +$2M in flows, compared to -$570M for IWO.

Which ETF is more volatile: RZG or IWO?

Over the past year, RZG had a volatility of 18.8%, while IWO experienced 22.37%.

Which ETF is bigger: RZG or IWO?

As of September 11, 2026, RZG holds $125.74 M in assets under management (AUM), while IWO manages $14.39 B.

What sectors do the RZG and IWO ETFs invest in?

RZG leans toward sectors like Finance, Healthcare and Industrials. Meanwhile, IWO focuses on Healthcare, Technology and Industrials.

What are the top holdings of the RZG ETF and IWO ETF?

RZG top holdings include ACM Research, Inc., Dave, Inc. and Protagonist Therapeutics, Inc.. IWO holds in its top three: Moog, Inc., BrightSpring Health Services, Inc. and Glaukos Corp..

Which ETF is more diversified: RZG or IWO?

RZG holds 126 securities with 23.4% of its assets in the top 15. IWO has 1102 securities and a top 15 weight of 8.65%.

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