Data as of Oct 28, 2026.

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DIA vs IWF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DIA returned +11.6% to IWF's +0.9%; 22% 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 $124.7bn for iShares Russell 1000 Growth ETF.

At a glance
+11.6%
DIA total return, 1 year
+0.9%
IWF total return, 1 year
0.16%
DIA expense ratio
0.18%
IWF expense ratio

Pair scorecard

DIA costs 0.02 points a year less; their one-year returns differ by 10.7 points; IWF is 2.7 times larger.

DIA vs IWF: Differences, Returns & Fees
MeasureDIAIWF
Return
Total return, 1 year+11.6%+0.9%
Drawdown
Below its high3.0%, high on Aug 5, 20264.8%, high on Oct 6, 2026
Benchmark
What it tracksDow Jones Industrial AverageRussell 1000 Growth Index
Cost and size
Expense ratio0.16%0.18%
Net assets, as of Oct 27, 2026$45.9bn$124.7bn
Holdings
Holdings in common22%
Top ten holdings, share of the fund54.7%57.5%

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

Risk and return

Jun 2, 2000 to Oct 23, 2026 · 1,377 weekly returns
DIA IWF
Return
Total return edge DIA +751.8% +629.2%
Annualized edge DIA (slight) +8.4% +7.8%
Price return edge IWF +385.0% +457.0%
Risk
Volatility edge DIA 16.9% 19.1%
Max drawdown edge DIA −50.9% −63.4%
Risk-adjusted
Sharpe edge DIA 0.46 0.40
Sortino edge DIA 0.64 0.56
Calmar edge DIA 0.17 0.12
Reading

DIA returned more: +751.8% to +629.2%. DIA swung less: 16.9% to 19.1%. DIA fell less at its worst: −50.9% to −63.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DIA vs IWF: Differences, Returns & Fees
MeasureDIAIWFEdgeHow it is measured
Return
Total return+751.8%+629.2%DIAPrice change plus distributions, reinvested.
Annualized+8.4%+7.8%DIA (slight)Total return as a yearly rate.
Price return+385.0%+457.0%IWFPrice change alone, distributions left out.
Risk
Volatility16.9%19.1%DIASpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.1%13.5%DIALike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−50.9%−63.4%DIADeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.460.40DIAReturn above Treasury bills per unit of volatility.
Sortino0.640.56DIAReturn above Treasury bills per unit of downside deviation.
Calmar0.170.12DIAAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,377 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

22%

By the books each fund has filed, DIA and IWF hold 22% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

22% in common

Positions both hold · largest shared weight first DIA IWF
MICROSOFT CORP 6.03% 5.94%
APPLE INC 3.94% 8.18%
ALPHABET INC CL A 3.64% 5.62%
NVIDIA CORP 2.47% 15.30%
VISA INC CLASS A SHARES 4.56% 2.05%
CATERPILLAR INC 8.09% 0.97%
HOME DEPOT INC 3.61% 0.71%
AMAZON.COM INC 2.87% 0.62%
AMGEN INC 5.08% 0.52%
BOEING CO 1.91% 0.25%
AMERICAN EXPRESS CO 3.55% 0.14%
WALMART INC 1.35% 0.14%
Only in one fund ↓
Only in DIA
GOLDMAN SACHS GROUP INC 10.34%
UNITEDHEALTH GROUP INC 4.65%
TRAVELERS COS INC 4.50%
JPMORGAN CHASE + CO 3.81%
JOHNSON + JOHNSON 3.05%
INTL BUSINESS MACHINES CORP 2.84%
MCDONALD S CORP 2.83%
SALESFORCE INC 2.73%
Only in IWF
BROADCOM INC 4.79%
ALPHABET CLASS C 4.53%
TESLA INC 3.58%
META PLATFORMS CLASS A 3.36%
MICRON TECHNOLOGY 3.15%
ELI LILLY 3.08%
ADVANCED MICRO DEVICES 2.74%
MASTERCARD CLASS A 1.48%
Check overlap with more funds →

Side by side

DIA SPDR Dow Jones Industrial Average ETF Trust IWF iShares Russell 1000 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Dow Jones Industrial Average Tracks the Russell 1000 growth
Total return, 1 year +11.6% +0.9%
Its benchmark over the same days not measured +1.1% (VONG)
Gap to its benchmark not measured −0.2 pts vs VONG
Expense ratio 0.16% 0.18%
Already in the S&P 500 97.1% 93.5%
Holdings 30 374
Net assets, as of Oct 27, 2026 $45.9bn $124.7bn

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

Client brief · page 1 of 2 Report BR-969879CE95

DIA and IWF do different jobs. What does each one do in a portfolio?

  1. What each follows. DIA follows Dow Jones Industrial Average and IWF follows Russell 1000 Growth Index.
  2. Holdings in common. 22% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DIA returned +11.6% and IWF +0.9% with distributions reinvested, a gap of 10.7 points.

Data as of Oct 28, 2026.

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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.

IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DIA or IWF?
In the year to Oct 28, 2026, with distributions reinvested, DIA returned +11.6% and IWF +0.9%.
Which is cheaper, DIA or IWF?
DIA is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIA and IWF overlap with the S&P 500?
By their latest filed holdings, 97% of DIA and 94% of IWF by weight is stocks the S&P 500 already holds.
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ETFIQ, DIA against IWF, data as of Oct 28, 2026. https://etfiq.com/compare/any/dia-vs-iwf

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.