iShares Russell 2000 ETF (IWM)
Top ETFs · US Small Cap · data since 2000-05-26 · last close 2026-09-09
iShares Russell 2000 ETF (IWM) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.5 | 0.7 | -5.0 | 12.1 | 4.5 | 3.7 | -3.1 | 0.9 | -1.1 | · | · | · |
| 2025 | 2.5 | -5.2 | -6.8 | -2.3 | 5.2 | 5.5 | 1.7 | 7.2 | 3.2 | 1.8 | 1.0 | -0.7 |
| 2024 | -3.9 | 5.6 | 3.5 | -6.8 | 5.0 | -1.1 | 10.3 | -1.7 | 0.7 | -1.4 | 11.1 | -8.4 |
| 2023 | 9.8 | -1.7 | -4.8 | -1.8 | -0.8 | 8.1 | 6.1 | -5.1 | -5.8 | -6.9 | 9.2 | 12.1 |
| 2022 | -9.5 | 1.0 | 1.2 | -9.9 | 0.2 | -8.4 | 10.6 | -2.0 | -9.7 | 11.2 | 2.2 | -6.5 |
| 2021 | 4.8 | 6.2 | 1.4 | 1.8 | 0.3 | 1.9 | -3.6 | 2.2 | -2.9 | 4.3 | -4.3 | 2.3 |
| 2020 | -3.1 | -8.8 | -21.5 | 13.8 | 6.6 | 3.4 | 2.9 | 5.5 | -3.3 | 2.2 | 18.2 | 8.7 |
| 2019 | 11.3 | 5.2 | -2.1 | 3.4 | -7.8 | 7.0 | 0.7 | -4.9 | 2.0 | 2.7 | 4.1 | 2.8 |
| 2018 | 2.6 | -3.8 | 1.2 | 1.0 | 6.2 | 0.6 | 1.6 | 4.3 | -2.3 | -11.0 | 1.7 | -12.0 |
| 2017 | 0.3 | 1.9 | 0.0 | 1.1 | -2.0 | 3.4 | 0.8 | -1.3 | 6.3 | 0.7 | 2.9 | -0.4 |
| 2016 | -8.6 | -0.2 | 8.0 | 1.7 | 2.2 | -0.0 | 5.9 | 1.8 | 1.1 | -4.6 | 11.1 | 2.9 |
| 2015 | -3.3 | 6.0 | 1.8 | -2.6 | 2.2 | 0.8 | -1.1 | -6.3 | -4.9 | 5.6 | 3.3 | -5.0 |
| 2014 | -2.8 | 4.8 | -0.8 | -3.8 | 0.8 | 5.3 | -6.0 | 4.8 | -5.9 | 6.6 | 0.1 | 2.9 |
| 2013 | 6.2 | 1.0 | 4.7 | -0.3 | 3.9 | -0.8 | 7.3 | -3.2 | 6.5 | 2.4 | 4.0 | 2.0 |
| 2012 | 7.2 | 2.6 | 2.5 | -1.6 | -6.6 | 5.0 | -1.5 | 3.5 | 3.3 | -2.2 | 0.6 | 3.6 |
| 2011 | -0.4 | 5.5 | 2.5 | 2.6 | -1.8 | -2.4 | -3.4 | -8.9 | -11.2 | 15.1 | -0.4 | 0.5 |
| 2010 | -3.7 | 4.5 | 8.2 | 5.7 | -7.5 | -7.7 | 6.7 | -7.4 | 12.4 | 4.2 | 3.5 | 8.0 |
| 2009 | -9.7 | -12.0 | 7.8 | 15.4 | 3.4 | 1.8 | 9.2 | 2.9 | 5.6 | -6.5 | 3.1 | 7.9 |
| 2008 | -6.5 | -2.9 | -0.7 | 4.5 | 4.6 | -7.5 | 3.7 | 3.6 | -7.8 | -21.0 | -11.9 | 4.8 |
| 2007 | 1.7 | -0.7 | 1.0 | 1.6 | 4.4 | -1.4 | -7.0 | 2.1 | 1.9 | 2.9 | -6.9 | -0.6 |
| 2006 | 8.4 | 0.3 | 4.9 | 0.3 | -5.7 | -0.0 | -2.9 | 3.0 | 0.6 | 5.9 | 2.4 | 0.4 |
| 2005 | -4.1 | 1.6 | -2.8 | -5.7 | 6.5 | 4.1 | 6.6 | -2.0 | 0.1 | -3.9 | 5.8 | -0.7 |
| 2004 | 4.3 | 0.9 | 1.0 | -5.5 | 2.1 | 4.2 | -6.8 | -1.5 | 5.3 | 2.1 | 9.2 | 2.4 |
| 2003 | -2.1 | -3.0 | 0.2 | 10.3 | 10.9 | 1.1 | 6.5 | 4.8 | -1.9 | 8.7 | 3.7 | 1.8 |
| 2002 | -0.2 | -3.1 | 7.5 | 1.2 | -4.7 | -5.8 | -13.3 | -0.6 | -8.0 | 4.1 | 8.5 | -5.7 |
| 2001 | 5.4 | -6.7 | -4.6 | 8.3 | 2.2 | 3.1 | -5.6 | -2.4 | -14.6 | 6.5 | 7.6 | 5.5 |
| 2000 | · | · | · | · | 4.1 | 8.7 | -2.8 | 7.0 | -3.3 | -4.5 | -10.0 | 7.9 |
| Avg | 0.5 | -0.0 | 0.3 | 1.7 | 1.4 | 1.2 | 0.9 | 0.2 | -1.2 | 1.0 | 3.1 | 1.4 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
IWM seasonality — average by calendar month
iShares Russell 2000 ETF has monthly history back to 2000. Its strongest month by median is November — positive in 21 of 26 years, median +3.2%, and higher in 8 of the last 9. September is the soft spot, down in 13 of 26 with a median of -0.9%. Across its full record it has closed 61% of months higher, swings ±5.8% in an average month and has fallen 58.6% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.5% | -0.0% | +0.3% | +1.7% | +1.4% | +1.2% | +0.9% | +0.2% | -1.3% | +1.0% | +3.1% | +1.4% |
| Win rate | 50%/26 | 58%/26 | 65%/26 | 62%/26 | 70%/27 | 63%/27 | 56%/27 | 52%/27 | 50%/26 | 65%/26 | 81%/26 | 65%/26 |
Win rate = share of positive months / sample size.
IWM risk & extremes
IWM drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
Related stocks
Frequently asked questions
What was iShares Russell 2000 ETF's best month?+
iShares Russell 2000 ETF's strongest completed month on record is November 2020, at +18.24%.
What was iShares Russell 2000 ETF's worst month?+
Its weakest completed month on record is March 2020, at -21.48%.
Is iShares Russell 2000 ETF up this year?+
iShares Russell 2000 ETF is up 18.56% year to date, measured from its last close before 1 January.
What is iShares Russell 2000 ETF's 1-year return?+
+23.99% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is iShares Russell 2000 ETF's biggest drawdown?+
The deepest peak-to-trough fall on record is 58.6%, measured on month-end closes since 2000.
Which calendar month is historically best for iShares Russell 2000 ETF?+
November has the highest average return across every completed November since 2000. An average is not a forecast.
About iShares Russell 2000 ETF
iShares Russell 2000 ETF is an us small cap business worth about $80 billion. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 2000, with no gaps filled in and nothing smoothed. And the long game: $100 at its first close here (2000) would be about $866 today.
Did you know?
- Its best month on record was November 2020 at +18.24%; its worst, March 2020 at -21.48%.
- It has closed November in the green 21 out of 26 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.