IVV vs IWD
IVV vs IWD
iShares Core S&P 500 ETF vs iShares Russell 1000 Value ETF
Quick Verdict
IVV has a lower expense ratio. IWD delivered stronger 1-year returns. IWD offers more diversification with 753 holdings.
Side-by-Side Comparison
| Metric | IVV | IWD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.18% | |
| AUM | $865.2B | $81.3B | |
| Dividend Yield | 1.09% | 1.44% | |
| Holdings | 508 | 874 | |
| YTD Return | +13.52% | +21.78% | |
| 1Y Return | +23.63% | +33.89% | |
| 3Y Return (annualized) | +21.26% | +18.87% | |
| 5Y Return (annualized) | +13.52% | +12.14% | |
| Volatility (annualized) | 15.1% | 15.1% | |
| Max Drawdown | -56.5% | -61.9% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 22, 2000 |
IVV vs IWD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Russell 1000 Value ETF (IWD) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +23.63% while IWD returned +33.89%. Year to date, IVV is up 13.52% versus a gain of 21.78% for IWD.
Over three years, IVV compounded at +21.26% per year against +18.87% for IWD; over five years the annualized figures are +13.52% and +12.14% respectively. Across the full 26-year window we track, IVV has the edge at +7.04% annualized vs +6.44%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.1% for IWD. 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 -61.9% for IWD. 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 0.94. 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 IWD charges 0.18%. On a $10,000 position that is $3 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.44% for IWD.
Holdings Overlap
IVV and IWD share 405 holdings out of 853 unique holdings combined, representing a 55.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IWD | Difference |
|---|---|---|---|
| AAPL | 7.44% | 5.69% | 1.75% |
| AMZN | 3.75% | 5.96% | 2.21% |
| MSFT | 4.57% | 3.95% | 0.62% |
| JPM | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings IVV shares with IWD 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 IWD?
IVV has an expense ratio of 0.03% while IWD charges 0.18%. IVV is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, IVV or IWD?
Over the past year IVV returned +23.63% vs +33.89% for IWD, so IWD leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.04% vs +6.44% for IWD. Past performance does not guarantee future results.
Which is riskier, IVV or IWD?
IVV has been the more volatile fund at 15.1% annualized versus 15.1% for IWD. Worst drawdown: IVV -56.5% vs IWD -61.9%.
Should I hold both IVV and IWD?
IVV and IWD have a monthly-return correlation of 0.94, 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 IWD?
IVV and IWD share 405 common holdings with a 55.9% weight overlap. Combined, they hold 853 unique securities.
Which pays a higher dividend, IVV or IWD?
IVV yields 1.09% while IWD yields 1.44%, so IWD currently pays the higher dividend yield.
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