Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWO vs VIG: how they differ
IWO and VIG hold 1% of their weight in the same names, and IWO returned more over the year.
iShares Russell 2000 Growth ETF and Vanguard Dividend Appreciation Index Fund.
What they hold in common
By the books each fund has filed, IWO and VIG hold 1% of their money in the same securities at the same weight.
| Holding | IWO | VIG |
|---|---|---|
| UMB Financial Corp. | 0.05% | 0.04% |
| Enpro, Inc. | 0.46% | 0.03% |
| GATX Corp. | 0.03% | 0.03% |
| Balchem Corp. | 0.31% | 0.02% |
| Mueller Water Products, Inc. | 0.24% | 0.02% |
| First Financial Bankshares, Inc. | 0.13% | 0.02% |
| International Bancshares Corp. | 0.03% | 0.02% |
| Power Integrations, Inc. | 0.28% | 0.02% |
| ServisFirst Bancshares, Inc. | 0.26% | 0.02% |
| Franklin Electric Co., Inc. | 0.25% | 0.02% |
| Materion Corp. | 0.38% | 0.02% |
| Badger Meter, Inc. | 0.27% | 0.02% |
| Only in IWO | Only in VIG |
|---|---|
| Moog, Inc. 0.73% | Broadcom Inc 5.21% |
| BrightSpring Health Services, Inc. 0.68% | Apple Inc 4.10% |
| MaxLinear, Inc. 0.67% | Microsoft Corp 3.99% |
| Argan, Inc. 0.66% | JPMorgan Chase & Co 3.61% |
| JFrog Ltd. 0.60% | Eli Lilly & Co 3.36% |
| Krystal Biotech, Inc. 0.58% | Exxon Mobil Corp 2.92% |
| ESCO Technologies, Inc. 0.56% | Walmart Inc 2.62% |
| FirstCash Holdings, Inc. 0.54% | Johnson & Johnson 2.51% |
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 Apr 30, 2026 and Jun 30, 2026.
| IWO iShares Russell 2000 Growth ETF | VIG Vanguard Dividend Appreciation Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Russell 2000 Growth | Dividend growth |
| Total return, 1 year | +17.0% | +12.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.5 pts | −5.1 pts |
| Expense ratio | 0.24% | 0.04% |
| Already in the S&P 500 | 0.0% | 95.7% |
| Holdings | 1133 | 332 |
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.
VIG in plain words
VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, IWO or VIG?
- In the year to Sep 12, 2026, with distributions reinvested, IWO returned +17.0% and VIG returned +12.4%, so IWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWO or VIG?
- IWO charges 0.24% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
- How much do IWO and VIG overlap with the S&P 500?
- By their latest filed holdings, 0% of IWO and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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, IWO against VIG, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWO-VIG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources