Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWB vs IWD: how they differ
IWB and IWD hold 59% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 ETF and iShares Russell 1000 Value ETF.
What they hold in common
By the books each fund has filed, IWB and IWD hold 59% of their money in the same securities at the same weight.
| Holding | IWB | IWD |
|---|---|---|
| APPLE INC. | 6.03% | 5.38% |
| MICROSOFT CORPORATION | 4.00% | 3.89% |
| AMAZON.COM, INC. | 3.33% | 5.95% |
| BERKSHIRE HATHAWAY INC. | 1.34% | 2.62% |
| JPMORGAN CHASE & CO. | 1.26% | 2.46% |
| INTEL CORPORATION | 0.88% | 1.72% |
| JOHNSON & JOHNSON | 0.88% | 1.72% |
| EXXON MOBIL CORPORATION | 0.82% | 1.60% |
| WALMART INC. | 0.72% | 1.28% |
| CISCO SYSTEMS, INC. | 0.67% | 1.30% |
| ABBVIE INC. | 0.64% | 1.15% |
| META PLATFORMS, INC. | 1.79% | 0.63% |
| Only in IWB | Only in IWD |
|---|---|
| NVIDIA CORPORATION 6.73% | LIBERTY CAPITAL CORPORATION 0.00% |
| ALPHABET INC. 3.00% | |
| BROADCOM INC. 2.54% | |
| ALPHABET INC. 2.42% | |
| MICRON TECHNOLOGY, INC. 1.88% | |
| TESLA, INC. 1.77% | |
| ELI LILLY AND COMPANY 1.38% | |
| ADVANCED MICRO DEVICES, INC. 1.36% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| IWB iShares Russell 1000 ETF | IWD iShares Russell 1000 Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Russell 1000 | Russell 1000 value |
| Total return, 1 year | +16.7% | +27.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.8 pts | +9.9 pts |
| Expense ratio | 0.15% | 0.18% |
| Already in the S&P 500 | 91.9% | 90.2% |
| Holdings | 1024 | 870 |
IWB in plain words
IWB is an index equity fund tracking the Russell 1000. Over the year to Sep 11, 2026 it returned +16.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1024 positions, with the top ten at 33.5%.
IWD in plain words
IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 870 positions, with the top ten at 27.9%.
Questions people ask
- Which returned more over the last year, IWB or IWD?
- In the year to Sep 12, 2026, with distributions reinvested, IWB returned +16.7% and IWD returned +27.4%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWB or IWD?
- IWB charges 0.15% a year and IWD charges 0.18%, so IWB is cheaper. Fees come from each fund's prospectus.
- How much do IWB and IWD overlap with the S&P 500?
- By their latest filed holdings, 92% of IWB and 90% of IWD by weight is stocks the S&P 500 already holds. Between the two funds, 59% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, IWB against IWD, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWB-IWD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources