Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWD vs VOE: how they differ
IWD and VOE hold 17% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 Value ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, IWD and VOE hold 17% of their money in the same securities at the same weight.
| Holding | IWD | VOE |
|---|---|---|
| NEWMONT CORPORATION | 0.28% | 0.86% |
| THE WILLIAMS COMPANIES, INC. | 0.25% | 0.79% |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LI | 0.23% | 0.77% |
| AMERICAN ELECTRIC POWER COMPANY, INC. | 0.21% | 0.65% |
| CRH PUBLIC LIMITED COMPANY | 0.20% | 1.24% |
| NORFOLK SOUTHERN CORPORATION | 0.20% | 0.61% |
| The Travelers Companies, Inc. | 0.20% | 0.61% |
| GENERAL MOTORS COMPANY | 0.20% | 1.21% |
| SLB N.V. | 0.20% | 1.21% |
| AON PUBLIC LIMITED COMPANY | 0.19% | 0.58% |
| FEDEX CORPORATION | 0.19% | 0.58% |
| VALERO ENERGY CORPORATION | 0.19% | 1.34% |
| Only in IWD | Only in VOE |
|---|---|
| AMAZON.COM, INC. 5.95% | Simon Property Group Inc 1.20% |
| APPLE INC. 5.38% | TE Connectivity PLC 1.02% |
| MICROSOFT CORPORATION 3.89% | Cencora Inc 0.91% |
| BERKSHIRE HATHAWAY INC. 2.62% | Darden Restaurants Inc 0.41% |
| JPMORGAN CHASE & CO. 2.46% | |
| INTEL CORPORATION 1.72% | |
| JOHNSON & JOHNSON 1.72% | |
| EXXON MOBIL CORPORATION 1.60% |
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 | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Russell 1000 value | Mid-Cap Value |
| Total return, 1 year | +27.4% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.9 pts | +2.7 pts |
| Expense ratio | 0.18% | 0.05% |
| Already in the S&P 500 | 90.2% | 96.6% |
| Holdings | 870 | 170 |
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%.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, IWD or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, IWD returned +27.4% and VOE returned +20.2%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWD or VOE?
- IWD charges 0.18% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do IWD and VOE overlap with the S&P 500?
- By their latest filed holdings, 90% of IWD and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 17% 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.
Cite this page. ETFIQ, IWD against VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWD-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources