Core Insights - The article compares two exchange-traded funds (ETFs), IWY and IWO, highlighting their different investment strategies and performance metrics. Group 1: Fund Characteristics - IWY focuses on large-cap U.S. growth stocks, with 66% of its assets in the technology sector and a concentration in top holdings like Nvidia, Apple, and Microsoft, which account for 37.41% of the portfolio [2][5] - IWO targets over 1,000 small-cap growth stocks across various sectors, including technology and healthcare, with a maximum drawdown of over 42% in the last five years, indicating higher volatility [1][7] Group 2: Performance Metrics - Over the last five years, IWY has generated a total return of 117%, equating to a compound annual growth rate (CAGR) of 16.7%, while IWO has only achieved a total return of 17% with a CAGR of 3.2% [8] - IWO has delivered a one-year return of 20.2%, showcasing solid short-term performance despite its volatility [7] Group 3: Cost Structure - IWY has a lower expense ratio of 0.20% compared to IWO's 0.24%, making it slightly more affordable for investors [3][9] - Both funds avoid leverage and currency hedges, maintaining a straightforward investment structure [1][5]