Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWO vs VPU: how they differ
IWO and VPU hold 0% of their weight in the same names, and IWO returned more over the year.
iShares Russell 2000 Growth ETF and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, IWO and VPU hold 0% of their money in the same securities at the same weight.
| Holding | IWO | VPU |
|---|---|---|
| American States Water Co. | 0.14% | 0.20% |
| Hallador Energy Co. | 0.04% | 0.04% |
| Ormat Technologies, Inc. | 0.03% | 0.44% |
| Only in IWO | Only in VPU |
|---|---|
| Moog, Inc. 0.73% | NextEra Energy Inc 11.84% |
| BrightSpring Health Services, Inc. 0.68% | Southern Co/The 6.70% |
| MaxLinear, Inc. 0.67% | Duke Energy Corp 6.31% |
| Argan, Inc. 0.66% | Constellation Energy Corp 5.86% |
| JFrog Ltd. 0.60% | American Electric Power Co Inc 4.47% |
| Krystal Biotech, Inc. 0.58% | Sempra 3.85% |
| ESCO Technologies, Inc. 0.56% | Dominion Energy Inc 3.78% |
| FirstCash Holdings, Inc. 0.54% | Vistra Corp 3.59% |
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 and May 31, 2026.
| IWO iShares Russell 2000 Growth ETF | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Russell 2000 Growth | Utilities |
| Total return, 1 year | +17.0% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.5 pts | −15.4 pts |
| Expense ratio | 0.24% | 0.09% |
| Already in the S&P 500 | 0.0% | 90.1% |
| Holdings | 1133 | 66 |
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.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWO or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, IWO returned +17.0% and VPU returned +2.1%, so IWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWO or VPU?
- IWO charges 0.24% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.
- How much do IWO and VPU overlap with the S&P 500?
- By their latest filed holdings, 0% of IWO and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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, IWO against VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWO-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources