Low Fees or Bigger Market Access: Choosing Between ISCV and IWN

The decision matters because lower ongoing costs and a slightly higher yield contrast with deeper trading liquidity and stronger recent total returns, shaping net results and execution for investors.

Overview

ISCV charges 0.06% in fees and shows a higher trailing‑12‑month dividend yield at about 1.9%, making it the lower‑cost, higher‑income option for small‑cap value exposure.
IWN charges 0.24% but offers much larger scale and deeper liquidity, and it has posted stronger recent total returns than ISCV despite similar five‑year performance.
Both ETFs hold more than 1,000 stocks and share a heavy tilt to financials, so they provide broad small‑cap value diversification with low single‑stock concentration.
The funds track different indexes — Morningstar for ISCV and Russell for IWN — which leads to different security inclusion rules, weightings, and short‑term risk profiles.
Investors should pick based on priorities: choose ISCV for lower long‑term cost and slightly higher yield, or choose IWN if tradeability, capacity for large orders, and recent momentum matter more.