IWM vs XLK — 25-Year Performance Comparison
US Small-Cap vs Technology — backtested 2000–2024
IWM wins$66,766 vs $65,167 on $10,000 over 25 years
IWMUS Small-Cap
Final value$66,766
CAGR+7.9%
Max drawdown-35.3%
Best year+48% (2003)
Years won12 of 25
XLKTechnology
Final value$65,167
CAGR+7.8%
Max drawdown-74.3%
Best year+62% (2009)
Years won13 of 25
Growth of $10,000
2000–2024IWMXLK
IWM$66,766
XLK$65,167
50/50 mix$74,367
50/50 blend: $74,367 (+8.4%/yr CAGR)
Splitting equally between IWM and XLK would have outperformed both individually — diversification smoothed the ride. Try a custom split →
Year-by-year: IWM vs XLK
| Year | IWM | XLK | Winner |
|---|---|---|---|
| 2024 | +11.4% | +24.0% | XLK |
| 2023 | +16.8% | +57.8% | XLK |
| 2022 | -20.5% | -28.2% | IWM |
| 2021 | +14.5% | +34.5% | XLK |
| 2020 | +20.0% | +43.9% | XLK |
| 2019 | +25.4% | +50.3% | XLK |
| 2018 | -11.1% | -1.6% | XLK |
| 2017 | +14.6% | +38.8% | XLK |
| 2016 | +21.6% | +13.9% | IWM |
| 2015 | -4.5% | +4.3% | XLK |
| 2014 | +5.0% | +19.8% | XLK |
| 2013 | +38.7% | +27.7% | IWM |
| 2012 | +16.7% | +14.0% | IWM |
| 2011 | -4.4% | +2.7% | XLK |
| 2010 | +26.9% | +11.1% | IWM |
| 2009 | +28.5% | +61.7% | XLK |
| 2008 | -34.2% | -42.3% | IWM |
| 2007 | -1.8% | +16.4% | XLK |
| 2006 | +18.3% | +12.2% | IWM |
| 2005 | +4.5% | +1.6% | IWM |
| 2004 | +18.1% | +3.7% | IWM |
| 2003 | +47.9% | +49.6% | XLK |
| 2002 | -20.4% | -37.5% | IWM |
| 2001 | +1.8% | -31.2% | IWM |
| 2000 | +5.6% | -40.2% | IWM |
More comparisons
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