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WCAPvsIWLETF Comparison

ETF 1
WCAP

WarCap Unconstrained Equity ETF

This fund is part of
Uncategorized Equities
+0.14%
VS
ETF 2
IWL

iShares Russell Top 200 ETF

This fund is part of
US Large Cap
-0.1%

WarCap Unconstrained Equity ETF (WCAP) belongs to the Uncategorized Equities segment. iShares Russell Top 200 ETF (IWL) is part of the US Large Cap segment. WCAP's top 3 sector exposures are Information Technology, Consumer Discretionary and Financials. In contrast, IWL's top sector exposures are Information Technology, Communication Services and Financials. WCAP is more expensive with a Total Expense Ratio (TER) of 1.3%, versus 0.15% for IWL. WCAP is down -10.62% year-to-date (YTD) with +$12M in YTD flows. IWL performs better with -1.34% YTD performance, and -$6M in YTD flows. Run a side-by-side ETF comparison of WCAP 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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WCAP vs IWL performance and flow charts

Performance

-6.0-4.0-2.00.0%Mar 9Mar 16Mar 23Mar 30Apr 7

Cumulative Flows

-30 M-20 M-10 M0 MMar 9Mar 16Mar 23Mar 30Apr 7

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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 04/08/2026
1M3MYTD1Y3Y5Y
Perf.
WCAP
IWL
-3.89%+0.27%
-11.08%-2.91%
-10.62%-1.34%
n/a+30.93%
n/a+78.00%
n/a+80.95%
Flows
WCAP
IWL
+$765K-$33M
+$11M-$100M
+$12M-$6M
-+$131M
-+$459M
-+$400M
Volatility and drawdown
3M1Y3Y5Y
Volatility
WCAP
IWL
+17.19%+15.95%
n/a+13.74%
n/a+15.41%
n/a+17.32%
Max drawdown
WCAP
IWL
-13.77%-9.79%
n/a-9.79%
n/a-19.22%
n/a-25.69%
Max drawdown duration
WCAP
IWL
87d88d
n/a88d
n/a126d
n/a707d
Trading data

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WCAP
IWL
Last sale
4/10/2026 at 1:30 PM
$8.80
$167.88
Previous close
04/09/2026
$8.84
$168.03
Consolidated volume
04/09/2026
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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WCAP
is actively managed and doesn’t replicate an index

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WCAP
IWL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/10/2026 at 1:30 PM
Live
Closed
WCAP
IWL
Last price
$8.80
$167.88
1D performance
-0.36%
-0.09%
AuM$57.83 M$1.99 B
E/R1.3%0.15%
Characteristics
WCAP
IWL
Management strategyActivePassive
ProviderWarren Capital GroupiShares
Benchmark-Russell Top 200 Index
N° of holdings20191
Asset class-Equities
Trailing 12m distribution yield
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Inception dateSeptember 10, 2025September 22, 2009
ESGNoNo
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Exposure

Countries

WCAP
USA
90.85%
Other
9.15%
IWL
USA
97.26%
Other
2.74%

Sectors

WCAP
Information Techn.
38.03%
Consumer Discreti.
17.11%
Financials
13.5%
Health Care
8.94%
Communication Ser.
8.81%
Other
13.6%
IWL
Information Techn.
37.39%
Communication Ser.
11.79%
Financials
10.28%
Consumer Discreti.
9.83%
Health Care
9.81%
Industrials
7.06%
Other
13.83%
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Diversification

WCAP

Total weight of top 15 holdings out of 15

88.09%
IWL

Total weight of top 15 holdings out of 15

49.73%

Top 15 holdings

Data as of February 28, 2026
WCAP
META PLATFORMS
8.81%
BROADCOM LIMITED
7.81%
PFIZER
7.35%
BERKSHIRE HATHWAY
7.11%
APPLE
6.65%
AMAZON.COM INC
6.61%
FERRARI N V/D
6.52%
US09290D1019
6.06%
MICROSOFT-T
5.69%
SALESFORCE INC
4.85%
INTUIT
4.61%
SERVICENOW
4.22%
CROWDSTRIKE HOLDINGS INC
4.20%
BOOKING HOLDINGS
3.98%
JPMORGAN CHASE
3.62%
IWL
NVIDIA
8.63%
APPLE
7.94%
MICROSOFT-T
5.94%
AMAZON.COM INC
3.98%
ALPHABET INC-CL
3.56%
BROADCOM LIMITED
2.96%
ALPHABET INC-CL
2.90%
META PLATFORMS
2.86%
TESLA
2.30%
BERKSHIRE HATHWAY
1.85%
JPMORGAN CHASE
1.66%
LILLY
1.63%
EXXON
1.25%
JOHNSON&JOHNSON
1.17%
WALMART INC
1.08%
Frequently asked questions about WCAP and IWL

How have the WCAP and IWL ETFs performed in 2026?

As of April 8, 2026, WCAP is down -10.62% year-to-date (YTD), while IWL has lost -1.34%. That puts IWL better performer ahead so far this year.

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

Year-to-date, the WCAP ETF saw +$12M in flows, compared to -$6M for IWL.

Which ETF is bigger: WCAP or IWL?

As of April 8, 2026, WCAP holds $57.83 M in assets under management (AUM), while IWL manages $1.99 B.

What sectors do the WCAP and IWL ETFs invest in?

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

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

WCAP top holdings include META PLATFORMS, BROADCOM LIMITED and PFIZER. IWL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: WCAP or IWL?

WCAP holds 20 securities with 88.09% of its assets in the top 15. IWL has 201 securities and a top 15 weight of 49.73%.

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