IWP vs VOO
IWP vs VOO
iShares Russell Midcap Growth ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IWP | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.03% | |
| AUM | $19.8B | $979.0B | |
| Dividend Yield | 0.34% | 1.09% | |
| Holdings | 271 | 509 | |
| YTD Return | -0.69% | +9.95% | |
| 1Y Return | -2.95% | +19.58% | |
| 3Y Return (annualized) | +11.94% | +19.43% | |
| 5Y Return (annualized) | +4.23% | +12.89% | |
| Volatility (annualized) | 18.5% | 14.2% | |
| Max Drawdown | -57.3% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2001 | Sep 7, 2010 |
IWP vs VOO Performance
iShares Russell Midcap Growth ETF (IWP) 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 IWP returned -2.95% while VOO returned +19.58%. Year to date, IWP is down 0.69% versus a gain of 9.95% for VOO.
Over three years, IWP compounded at +11.94% per year against +19.43% for VOO; over five years the annualized figures are +4.23% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +8.46%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWP has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 14.2% 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 -57.3% for IWP 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWP charges 0.23% per year while VOO charges 0.03%. On a $10,000 position that is $23 vs $3 annually, a gap of $20 per year that compounds over a long holding period. On income, IWP currently yields 0.34% against 1.09% for VOO.
Holdings Overlap
IWP and VOO share 82 holdings out of 690 unique holdings combined, representing a 4.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IWP | Weight in VOO | Difference |
|---|---|---|---|
| DDOG | 2.33% | 0.13% | 2.20% |
| HOOD | 2.08% | 0.12% | 1.96% |
| SPG | 2.00% | 0.11% | 1.89% |
| FIX | Pro | Pro | Pro |
| TER | Pro | Pro | Pro |
| COR | Pro | Pro | Pro |
| TRGP | Pro | Pro | Pro |
| VST | Pro | Pro | Pro |
| LITE | Pro | Pro | Pro |
| GWW | Pro | Pro | Pro |
See all 10 holdings IWP 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, IWP or VOO?
IWP has an expense ratio of 0.23% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, IWP or VOO?
Over the past year IWP returned -2.95% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), IWP annualized +8.46% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, IWP or VOO?
IWP has been the more volatile fund at 18.5% annualized versus 14.2% for VOO. Worst drawdown: IWP -57.3% vs VOO -34.3%.
Should I hold both IWP and VOO?
IWP and VOO have a monthly-return correlation of 0.91, 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 IWP and VOO?
IWP and VOO share 82 common holdings with a 4.7% weight overlap. Combined, they hold 690 unique securities.
Which pays a higher dividend, IWP or VOO?
IWP yields 0.34% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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