IWD vs VOO
IWD vs VOO
iShares Russell 1000 Value ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. IWD delivered stronger 1-year returns. IWD offers more diversification with 753 holdings.
Side-by-Side Comparison
| Metric | IWD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.03% | |
| AUM | $81.3B | $979.0B | |
| Dividend Yield | 1.44% | 1.09% | |
| Holdings | 874 | 509 | |
| YTD Return | +20.65% | +11.51% | |
| 1Y Return | +32.64% | +21.46% | |
| 3Y Return (annualized) | +18.82% | +20.86% | |
| 5Y Return (annualized) | +11.71% | +13.01% | |
| Volatility (annualized) | 15.1% | 14.1% | |
| Max Drawdown | -61.9% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Sep 7, 2010 |
IWD vs VOO Performance
iShares Russell 1000 Value ETF (IWD) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IWD returned +32.64% while VOO returned +21.46%. Year to date, IWD is up 20.65% versus a gain of 11.51% for VOO.
Over three years, IWD compounded at +18.82% per year against +20.86% for VOO; over five years the annualized figures are +11.71% and +13.01% respectively. Across the full 16-year window we track, VOO has the edge at +13.44% annualized vs +6.40%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWD has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.1% for VOO. 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 -61.9% for IWD and -34.3% for VOO. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWD charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, IWD currently yields 1.44% against 1.09% for VOO.
Holdings Overlap
IWD and VOO share 406 holdings out of 852 unique holdings combined, representing a 55.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IWD | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 5.69% | 6.59% | 0.90% |
| AMZN | 5.96% | 3.62% | 2.34% |
| MSFT | 3.95% | 4.30% | 0.35% |
| JPM | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings IWD shares with VOO 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, IWD or VOO?
IWD has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, IWD or VOO?
Over the past year IWD returned +32.64% vs +21.46% for VOO, so IWD leads on 1-year performance. Over the longest common window we track (16 years), IWD annualized +6.40% vs +13.44% for VOO. Past performance does not guarantee future results.
Which is riskier, IWD or VOO?
IWD has been the more volatile fund at 15.1% annualized versus 14.1% for VOO. Worst drawdown: IWD -61.9% vs VOO -34.3%.
Should I hold both IWD and VOO?
IWD and VOO have a monthly-return correlation of 0.93, 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 IWD and VOO?
IWD and VOO share 406 common holdings with a 55.5% weight overlap. Combined, they hold 852 unique securities.
Which pays a higher dividend, IWD or VOO?
IWD yields 1.44% while VOO yields 1.09%, so IWD currently pays the higher dividend yield.
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