Get the weekly note

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

ETFIQetfiq.com · independent ETF data

IWB vs VOO: how they differ

IWB and VOO hold 92% of their weight in the same names, and VOO returned more over the year.

iShares Russell 1000 ETF and Vanguard 500 Index Fund.

What they hold in common

By the books each fund has filed, IWB and VOO hold 92% of their money in the same securities at the same weight.

Positions IWB and VOO both hold, largest shared weight first
HoldingIWBVOO
NVIDIA CORPORATION6.73%7.53%
APPLE INC.6.03%6.61%
MICROSOFT CORPORATION4.00%4.31%
AMAZON.COM, INC.3.33%3.63%
ALPHABET INC.3.00%3.26%
BROADCOM INC.2.54%2.78%
ALPHABET INC.2.42%2.60%
MICRON TECHNOLOGY, INC.1.88%2.02%
META PLATFORMS, INC.1.79%1.92%
TESLA, INC.1.77%1.84%
ELI LILLY AND COMPANY1.38%1.48%
ADVANCED MICRO DEVICES, INC.1.36%1.47%
Largest positions each one holds and the other does not
Only in IWBOnly in VOO
SPACE EXPLORATION TECHNOLOGIES CORP. 0.13%Seagate Technology Holdings PLC 0.34%
SNOWFLAKE INC. 0.12%NXP Semiconductors NV 0.11%
BLOOM ENERGY CORPORATION 0.12%TE Connectivity PLC 0.09%
CLOUDFLARE, INC. 0.11%Amcor PLC 0.03%
Astera Labs, Inc 0.11%Erie Indemnity Co 0.01%
SPOTIFY TECHNOLOGY S.A. 0.10%Paramount Skydance Corp 0.01%
ROCKET LAB CORPORATION 0.08%ABIOMED Inc 0.00%
CHENIERE ENERGY, INC. 0.07%Hologic Inc 0.00%

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 and VOO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IWB
iShares Russell 1000 ETF
VOO
Vanguard 500 Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isRussell 1000S&P 500
Total return, 1 year+16.7%+17.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.8 pts+0.1 pts
Expense ratio0.15%0.03%
Already in the S&P 50091.9%100.0%
Holdings1024506

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%.

VOO in plain words

VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.

Questions people ask

Which returned more over the last year, IWB or VOO?
In the year to Sep 12, 2026, with distributions reinvested, IWB returned +16.7% and VOO returned +17.6%, so VOO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWB or VOO?
IWB charges 0.15% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
How much do IWB and VOO overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 92% of their books are the same securities at the same weight.

Other comparisons

Where to next

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.

IWB against VOO, 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, IWB against VOO, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWB-VOO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources