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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IAU vs IWO: how they differ

IAU is a commodity fund and IWO an equity index fund, and over the year IAU returned more, +19.2% against +17.0%.

iShares Gold Trust and iShares Russell 2000 Growth ETF.

IAU and IWO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IAU
iShares Gold Trust
IWO
iShares Russell 2000 Growth ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isGoldRussell 2000 Growth
Total return, 1 year+19.2%+17.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.7 pts−0.5 pts
Expense ratio0.25%0.24%
Holdingsnot filed1133

IAU in plain words

IAU is a commodity fund tracking the Gold. Over the year to Sep 11, 2026 it returned +19.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 19.6% below its high of Jan 29, 2026 on Sep 11, 2026.

IWO in plain words

IWO is an index equity fund tracking the Russell 2000 Growth. Over the year to Sep 11, 2026 it returned +17.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.24% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1133 positions, with the top ten at 6.1%. It sat 7.1% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, IAU or IWO?
In the year to Sep 12, 2026, with distributions reinvested, IAU returned +19.2% and IWO returned +17.0%, so IAU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IAU or IWO?
IAU charges 0.25% a year and IWO charges 0.24%, so IWO is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IAU against IWO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IAU against IWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/IAU-IWO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources