IWM vs SPY

iShares Russell 2000 ETF against SPDR S&P 500 ETF — live side-by-side technical comparison.

Prices as of 2026-11-06T21:00:00+00:00 UTC · updates daily

Who leads right now

IWM leads 4 of the 5 windows we measure — over 1 month IWM is -1.4% and SPY -5.4%; over year to date IWM is +11.2% and SPY +7.8%. The IWM/SPY price ratio stands at 0.3722, above its 50-day average of 0.3685, and below the 200-day average of 0.382. A ratio above its own average means IWM is gaining on SPY; on this reading the recent edge belongs to IWM.

Performance side by side

IWMSPY
Price$273.67 $735.29
1 day +1.0%lead +0.3%
5 days -2.0%lead -2.7%
1 month -1.4%lead -5.4%
6 months -4.6% +0.2%lead
Year to date +11.2%lead +7.8%
52-week position 59% of range 70% of range
52-week range $228.90–$305.18 $629.28–$781.62
vs 50-day average below $282.11 below $765.68
vs 200-day average below $279.00 above $730.38
RSI (14) 53 35
Next earnings ——

Where each one stands

IWM — iShares Russell 2000 ETF

IWM trades at $273.67, below its 50-day average of $282.11, and below the 200-day at $279.00. It sits at 59% of its 52-week range ($228.90–$305.18); 14-day RSI is 53, in neutral territory; an average session moves it about 1.7%. For levels, the first level overhead is $275.00 (0.5% away) and the first support below is $270.29 (1.2% down). On the checklist the page runs for every asset, 2 of 6 checks read bullish — the lean is bearish.

SPY — SPDR S&P 500 ETF

SPY trades at $735.29, below its 50-day average of $765.68, and above the 200-day at $730.38. It sits at 70% of its 52-week range ($629.28–$781.62); 14-day RSI is 35, in neutral territory; an average session moves it about 1.5%. For levels, the first level overhead is $750.00 (2.0% away) and the first support below is $730.38 (0.7% down). On the checklist the page runs for every asset, 2 of 6 checks read bullish — the lean is bearish.

Which one moves harder

Both move about the same amount day to day (1.7% and 1.5% of price), so the same position size carries comparable risk in either.

What would change the picture

The comparison turns on those levels: IWM clearing $275.00 or losing $270.29; SPY clearing $750.00 or losing $730.38. Until one of them gives way, the relative reading above stands.

Questions people ask about IWM vs SPY

Which is performing better right now, IWM or SPY?
Over the past month IWM is -1.4% and SPY is -5.4%, so IWM is ahead on that window. Year to date the figures are +11.2% for IWM and +7.8% for SPY.
Is IWM or SPY more volatile?
Both move about the same amount day to day (1.7% and 1.5% of price), so the same position size carries comparable risk in either.
What are the key levels for IWM and SPY?
IWM: resistance $275.00, support $270.29; SPY: resistance $750.00, support $730.38. Levels come from recent swing zones and round numbers, recomputed daily.
What does the IWM/SPY ratio mean?
It is simply IWM's price divided by SPY's — 0.3722 today. When the ratio rises, IWM is outperforming; when it falls, SPY is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical briefs

IWM →
iShares Russell 2000 ETF
Full technical brief: trend, levels, chart, news
SPY →
SPDR S&P 500 ETF
Full technical brief: trend, levels, chart, news

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