IWY vs VOO
IWY vs VOO
iShares Russell Top 200 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 | IWY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $15.7B | $979.0B | |
| Dividend Yield | 0.34% | 1.09% | |
| Holdings | 105 | 509 | |
| YTD Return | +5.52% | +13.53% | |
| 1Y Return | +14.25% | +23.65% | |
| 3Y Return (annualized) | +22.51% | +21.27% | |
| 5Y Return (annualized) | +13.71% | +13.52% | |
| Volatility (annualized) | 16.1% | 14.1% | |
| Max Drawdown | -32.7% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 22, 2009 | Sep 7, 2010 |
IWY vs VOO Performance
iShares Russell Top 200 Growth ETF (IWY) 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 IWY returned +14.25% while VOO returned +23.65%. Year to date, IWY is up 5.52% versus a gain of 13.53% for VOO.
Over three years, IWY compounded at +22.51% per year against +21.27% for VOO; over five years the annualized figures are +13.71% and +13.52% respectively. Across the full 16-year window we track, IWY has the edge at +15.89% annualized vs +13.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWY has been the more volatile fund, with annualized monthly volatility of 16.1% 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 -32.7% for IWY 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWY charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, IWY currently yields 0.34% against 1.09% for VOO.
Holdings Overlap
IWY and VOO share 95 holdings out of 512 unique holdings combined, representing a 55.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IWY | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 14.00% | 7.51% | 6.49% |
| AAPL | 7.80% | 6.59% | 1.21% |
| GOOGL | 6.61% | 3.25% | 3.36% |
| MSFT | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings IWY 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, IWY or VOO?
IWY has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IWY or VOO?
Over the past year IWY returned +14.25% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), IWY annualized +15.89% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, IWY or VOO?
IWY has been the more volatile fund at 16.1% annualized versus 14.1% for VOO. Worst drawdown: IWY -32.7% vs VOO -34.3%.
Should I hold both IWY and VOO?
IWY and VOO 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 IWY and VOO?
IWY and VOO share 95 common holdings with a 55.0% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, IWY or VOO?
IWY yields 0.34% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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