Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYW vs VO: how they differ
IYW and VO hold 8% of their weight in the same names, and IYW returned more over the year.
iShares U.S. Technology ETF and Vanguard Mid-Cap Index Fund.
What they hold in common
By the books each fund has filed, IYW and VO hold 8% of their money in the same securities at the same weight.
| Holding | IYW | VO |
|---|---|---|
| WESTERN DIGITAL CORPORATION | 0.91% | 1.07% |
| VERTIV HOLDINGS CO | 0.77% | 1.23% |
| MONOLITHIC POWER SYSTEMS, INC. | 0.46% | 0.63% |
| CLOUDFLARE, INC. | 0.39% | 0.76% |
| DOORDASH, INC. | 0.38% | 0.66% |
| Coherent Corp. | 0.34% | 0.75% |
| TERADYNE, INC. | 0.33% | 0.73% |
| FORTINET, INC. | 0.32% | 0.46% |
| AUTODESK, INC. | 0.31% | 0.40% |
| MICROCHIP TECHNOLOGY INCORPORATED | 0.30% | 0.48% |
| STRATEGY INC | 0.32% | 0.28% |
| SNOWFLAKE INC. | 0.28% | 0.41% |
| Only in IYW | Only in VO |
|---|---|
| NVIDIA CORPORATION 16.25% | Seagate Technology Holdings PLC 1.05% |
| APPLE INC. 13.65% | Quanta Services Inc 1.05% |
| ALPHABET INC. 7.84% | Howmet Aerospace Inc 1.04% |
| ALPHABET INC. 6.34% | Cummins Inc 0.95% |
| MICROSOFT CORPORATION 3.99% | Bloom Energy Corp 0.79% |
| BROADCOM INC. 3.78% | Constellation Energy Corp 0.78% |
| ADVANCED MICRO DEVICES, INC. 3.50% | Robinhood Markets Inc 0.77% |
| MICRON TECHNOLOGY, INC. 2.98% | Valero Energy Corp 0.75% |
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.
| IYW iShares U.S. Technology ETF | VO Vanguard Mid-Cap Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | U.S. Technology | Mid-Cap |
| Total return, 1 year | +34.9% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +17.4 pts | −5.5 pts |
| Expense ratio | 0.37% | 0.03% |
| Already in the S&P 500 | 95.5% | 91.4% |
| Holdings | 139 | 282 |
IYW in plain words
IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% 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 139 positions, with the top ten at 63.7%.
VO in plain words
VO is an index equity fund tracking the Mid-Cap. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 9.6%. It sat 4.1% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IYW or VO?
- In the year to Sep 12, 2026, with distributions reinvested, IYW returned +34.9% and VO returned +12.0%, so IYW returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYW or VO?
- IYW charges 0.37% a year and VO charges 0.03%, so VO is cheaper. Fees come from each fund's prospectus.
- How much do IYW and VO overlap with the S&P 500?
- By their latest filed holdings, 96% of IYW and 91% of VO by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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, IYW against VO, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYW-VO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources