Data as of Oct 28, 2026.

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DIA vs IWC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DIA returned +11.6% to IWC's +16.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $45.9bn for SPDR Dow Jones Industrial Average ETF Trust and $1.2bn for iShares Micro-Cap ETF.

At a glance
+11.6%
DIA total return, 1 year
+16.5%
IWC total return, 1 year
0.16%
DIA expense ratio
0.60%
IWC expense ratio

Pair scorecard

DIA costs 0.44 points a year less; their one-year returns differ by 4.9 points; DIA is far larger, $45.9bn against $1.2bn.

DIA vs IWC: Differences, Returns & Fees
MeasureDIAIWC
Return
Total return, 1 year+11.6%+16.5%
Drawdown
Below its high3.0%, high on Aug 5, 20269.5%, high on Aug 14, 2026
Benchmark
What it tracksDow Jones Industrial AverageRussell Microcap Index
Cost and size
Expense ratio0.16%0.60%
Net assets, as of Oct 27, 2026$45.9bn$1.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund54.7%5.9%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, DIA and IWC hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DIA IWC
Only in one fund ↓
Only in DIA
GOLDMAN SACHS GROUP INC 10.34%
CATERPILLAR INC 8.09%
MICROSOFT CORP 6.03%
AMGEN INC 5.08%
UNITEDHEALTH GROUP INC 4.65%
VISA INC CLASS A SHARES 4.56%
TRAVELERS COS INC 4.50%
APPLE INC 3.94%
Only in IWC
CAREDX 0.88%
PENGUIN SOLUTIONS INC 0.73%
NURIX THERAPEUTICS 0.63%
SELLAS LIFE SCIENCES GROUP INC 0.60%
VIRIDIAN THERAPEUTICS ORS 0.59%
OUSTER 0.53%
INTERFACE 0.52%
STRIVE INC CLASS A 0.50%
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Side by side

DIA SPDR Dow Jones Industrial Average ETF Trust IWC iShares Micro-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Dow Jones Industrial Average Tracks the Russell Microcap
Total return, 1 year +11.6% +16.5%
Its benchmark over the same days not measured +13.3% (IWV)
Gap to its benchmark not measured +3.2 pts vs IWV
Expense ratio 0.16% 0.60%
Already in the S&P 500 97.1% 91.7%
Holdings 30 1365
Net assets, as of Oct 27, 2026 $45.9bn $1.2bn

DIA and IWC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
DIA

DIA tracks the Dow Jones Industrial Average. Over the year to Oct 28, 2026 it returned +11.6% with distributions reinvested. The prospectus expense ratio is 0.16% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 30 positions, with the top ten at 54.7%. It sat 3.0% below its high of Aug 5, 2026 on Oct 28, 2026.

IWC

Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DIA or IWC?
In the year to Oct 28, 2026, with distributions reinvested, DIA returned +11.6% and IWC +16.5%.
Which is cheaper, DIA or IWC?
DIA is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIA and IWC overlap with the S&P 500?
By their latest filed holdings, 97% of DIA and 92% of IWC by weight is stocks the S&P 500 already holds.
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ETFIQ, DIA against IWC, data as of Oct 28, 2026. https://etfiq.com/compare/any/dia-vs-iwc

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