IVV vs IWB
IVV vs IWB
iShares Core S&P 500 ETF vs iShares Russell 1000 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IWB offers more diversification with 884 holdings.
Side-by-Side Comparison
| Metric | IVV | IWB | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $47.8B | |
| Dividend Yield | 1.09% | 0.92% | |
| Holdings | 508 | 1,029 | |
| YTD Return | +11.54% | +11.25% | |
| 1Y Return | +21.48% | +20.81% | |
| 3Y Return (annualized) | +20.86% | +20.42% | |
| 5Y Return (annualized) | +13.02% | +12.17% | |
| Volatility (annualized) | 15.1% | 15.3% | |
| Max Drawdown | -56.5% | -56.4% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 15, 2000 |
IVV vs IWB Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Russell 1000 ETF (IWB) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.48% while IWB returned +20.81%. Year to date, IVV is up 11.54% versus a gain of 11.25% for IWB.
Over three years, IVV compounded at +20.86% per year against +20.42% for IWB; over five years the annualized figures are +13.02% and +12.17% respectively. Across the full 26-year window we track, IWB has the edge at +7.06% annualized vs +6.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWB has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -56.4% for IWB. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while IWB charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.92% for IWB.
Holdings Overlap
IVV and IWB share 480 holdings out of 909 unique holdings combined, representing a 88.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IWB | Difference |
|---|---|---|---|
| NVDA | 7.76% | 6.54% | 1.22% |
| AAPL | 7.44% | 6.48% | 0.96% |
| MSFT | 4.57% | 4.12% | 0.45% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings IVV shares with IWB Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or IWB?
IVV has an expense ratio of 0.03% while IWB charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IVV or IWB?
Over the past year IVV returned +21.48% vs +20.81% for IWB, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.97% vs +7.06% for IWB. Past performance does not guarantee future results.
Which is riskier, IVV or IWB?
IWB has been the more volatile fund at 15.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs IWB -56.4%.
Should I hold both IVV and IWB?
IVV and IWB have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and IWB?
IVV and IWB share 480 common holdings with a 88.7% weight overlap. Combined, they hold 909 unique securities.
Which pays a higher dividend, IVV or IWB?
IVV yields 1.09% while IWB yields 0.92%, so IVV currently pays the higher dividend yield.
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