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SCLZvsIWLETF Comparison

ETF 1

SCLZ

Swan Enhanced Dividend Income ETF

This fund is part of

Options Strategies

+0.26%

Full SCLZ fund page

VS

ETF 2

IWL

iShares Russell Top 200 ETF

This fund is part of

US Large Cap

+0.9%

Full IWL fund page

Swan Enhanced Dividend Income ETF (SCLZ) belongs to the Options Strategies segment. iShares Russell Top 200 ETF (IWL) is part of the US Large Cap segment. SCLZ's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, IWL's top sector exposures are Information Technology, Communication Services and Financials. SCLZ is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.15% for IWL. SCLZ is up 2.54% year-to-date (YTD) with +$1M in YTD flows. IWL performs better with 4.12% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of SCLZ and IWL 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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SCLZ vs IWL 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.	SCLZ IWL	+5.77%+9.86%	+1.96%+3.01%	+2.54%+4.12%	+16.72%+33.00%	n/a+86.78%	n/a+88.54%
Flows	SCLZ IWL	--$16M	+$1M-$92M	+$1M+$3M	+$4M+$107M	-+$487M	-+$404M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SCLZ IWL	+13.17%+16.03%	+9.41%+12.92%	n/a+15.46%	n/a+17.34%
Max drawdown	SCLZ IWL	-6.96%-9.74%	-6.96%-9.79%	n/a-19.22%	n/a-25.69%
Max drawdown duration	SCLZ IWL	70d76d	70d92d	n/a126d	n/a707d

Trading data

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	SCLZ	IWL
Last sale 4/24/2026 at 1:30 PM	$54.51	$177.51
Previous close 04/24/2026	$54.45	$177.12
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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SCLZ

is actively managed and doesn’t replicate an index

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	SCLZ	IWL
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

	SCLZ	IWL
Last price	$54.51	$177.51
1D performance	+0.12%	+0.22%
AuM	$17.72 M	$2.11 B
E/R	0.79%	0.15%

Characteristics

	SCLZ	IWL
Management strategy	Active	Passive
Provider	Swan Capital Management	iShares
Benchmark	-	Russell Top 200 Index
N° of holdings	53	191
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 27, 2024	September 22, 2009
ESG	No	No

More SCLZ data on Trackinsight

More IWL data on Trackinsight

Exposure

Countries

SCLZ

USA

92.15%

Other

7.85%

IWL

USA

97.29%

Other

2.71%

Sectors

SCLZ

Information Techn.

33.91%

Communication Ser.

10.05%

Consumer Discreti.

9.72%

Health Care

9.23%

Industrials

8.43%

Financials

8.22%

Other

20.44%

IWL

Information Techn.

37.25%

Communication Ser.

11.73%

Financials

10.22%

Consumer Discreti.

9.91%

Health Care

9.74%

Other

21.15%

Diversification

SCLZ

Total weight of top 15 holdings out of 15

57.74%

IWL

Total weight of top 15 holdings out of 15

49.69%

Top 15 holdings

Data as of March 31, 2026

SCLZ

APPLE

6.57%

NVIDIA

6.36%

BROADCOM LIMITED

4.79%

ALPHABET INC-CL

4.54%

MICROSOFT-T

4.26%

META PLATFORMS

3.69%

AMAZON.COM INC

3.63%

LILLY

3.61%

JPMORGAN CHASE

3.57%

BERKSHIRE HATHWAY

3.37%

MICRON TECHNOLOGY

3.09%

JOHNSON&JOHNSON

2.82%

EXXON

2.60%

CISCO-T

2.47%

GENERAL ELECTRIC

2.35%

IWL

NVIDIA

8.63%

APPLE

7.73%

MICROSOFT-T

5.80%

AMAZON.COM INC

4.22%

ALPHABET INC-CL

3.53%

BROADCOM LIMITED

3.02%

ALPHABET INC-CL

2.87%

META PLATFORMS

2.64%

TESLA

2.22%

BERKSHIRE HATHWAY

1.87%

JPMORGAN CHASE

1.69%

LILLY

1.56%

EXXON

1.52%

JOHNSON&JOHNSON

1.24%

WALMART INC

1.14%

Frequently asked questions about SCLZ and IWL

How have the SCLZ and IWL ETFs performed in 2026?

As of April 24, 2026, SCLZ is up 2.54% year-to-date (YTD), while IWL has returned 4.12%. That puts IWL better performer ahead so far this year.

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

Year-to-date, the SCLZ ETF saw +$1M in flows, compared to +$3M for IWL.

Which ETF is more volatile: SCLZ or IWL?

Over the past year, SCLZ had a volatility of 9.41%, while IWL experienced 12.92%.

Which ETF is bigger: SCLZ or IWL?

As of April 24, 2026, SCLZ holds $17.72 M in assets under management (AUM), while IWL manages $2.11 B.

What sectors do the SCLZ and IWL ETFs invest in?

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

SCLZvsIWLETF Comparison

Swan Enhanced Dividend Income ETF

iShares Russell Top 200 ETF

SCLZ vs IWL 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 SCLZ and IWL ETFs performed in 2026?

As of April 24, 2026, SCLZ is up 2.54% year-to-date (YTD), while IWL has returned 4.12%. That puts IWL better performer ahead so far this year.

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

Year-to-date, the SCLZ ETF saw +$1M in flows, compared to +$3M for IWL.

Which ETF is more volatile: SCLZ or IWL?

Over the past year, SCLZ had a volatility of 9.41%, while IWL experienced 12.92%.

Which ETF is bigger: SCLZ or IWL?

As of April 24, 2026, SCLZ holds $17.72 M in assets under management (AUM), while IWL manages $2.11 B.

What sectors do the SCLZ and IWL ETFs invest in?

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

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

SCLZ top holdings include APPLE, NVIDIA and BROADCOM LIMITED. IWL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: SCLZ or IWL?

SCLZ holds 53 securities with 57.74% of its assets in the top 15. IWL has 201 securities and a top 15 weight of 49.69%.

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