Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWD vs VBR: how they differ
IWD and VBR hold 10% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 Value ETF and Vanguard Small-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, IWD and VBR hold 10% of their money in the same securities at the same weight.
| Holding | IWD | VBR |
|---|---|---|
| FLEX LTD. | 0.17% | 0.32% |
| QNITY ELECTRONICS, INC. | 0.10% | 0.37% |
| EQT CORPORATION | 0.09% | 0.18% |
| CENTENE CORPORATION | 0.08% | 0.34% |
| ATMOS ENERGY CORPORATION | 0.08% | 0.62% |
| STEEL DYNAMICS, INC. | 0.08% | 0.34% |
| HUBBELL INCORPORATED | 0.08% | 0.15% |
| MKS, INCORPORATED. | 0.08% | 0.32% |
| ILLUMINA, INC. | 0.07% | 0.27% |
| MODERNA, INC. | 0.07% | 0.54% |
| SMURFIT WESTROCK PUBLIC LIMITED COMPANY | 0.07% | 0.52% |
| F5, INC. | 0.07% | 0.50% |
| Only in IWD | Only in VBR |
|---|---|
| AMAZON.COM, INC. 5.95% | Jabil Inc 0.87% |
| APPLE INC. 5.38% | NRG Energy Inc 0.66% |
| MICROSOFT CORPORATION 3.89% | Tapestry Inc 0.64% |
| BERKSHIRE HATHAWAY INC. 2.62% | EMCOR Group Inc 0.40% |
| JPMORGAN CHASE & CO. 2.46% | Moog Inc 0.26% |
| INTEL CORPORATION 1.72% | American Airlines Group Inc 0.26% |
| JOHNSON & JOHNSON 1.72% | Viasat Inc 0.25% |
| EXXON MOBIL CORPORATION 1.60% | UMB Financial Corp 0.21% |
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.
| IWD iShares Russell 1000 Value ETF | VBR Vanguard Small-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Russell 1000 value | Small-Cap Value |
| Total return, 1 year | +27.4% | +16.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.9 pts | −1.2 pts |
| Expense ratio | 0.18% | 0.05% |
| Already in the S&P 500 | 90.2% | 30.5% |
| Holdings | 870 | 840 |
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%.
VBR in plain words
VBR is an index equity fund tracking the Small-Cap Value. Over the year to Sep 11, 2026 it returned +16.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 840 positions, with the top ten at 5.9%. It sat 3.8% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWD or VBR?
- In the year to Sep 12, 2026, with distributions reinvested, IWD returned +27.4% and VBR returned +16.3%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWD or VBR?
- IWD charges 0.18% a year and VBR charges 0.05%, so VBR is cheaper. Fees come from each fund's prospectus.
- How much do IWD and VBR overlap with the S&P 500?
- By their latest filed holdings, 90% of IWD and 30% of VBR by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
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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, IWD against VBR, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWD-VBR Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources