Which returned more over the last year, DIVB or RWL?

In the year to Oct 9, 2026, with distributions reinvested, DIVB returned +30.6% and RWL +21.1%.

Which is cheaper, DIVB or RWL?

DIVB is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DIVB and RWL overlap with the S&P 500?

By their latest filed holdings, 90% of DIVB and 99% of RWL by weight is stocks the S&P 500 already holds.

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DIVB vs RWL: Differences, Returns & Fees

DIVB and RWL hold 35% of their weight in the same names, and DIVB returned +30.6% over the year. Net assets on Oct 9, 2026: $2.0bn for iShares Core Dividend ETF and $10.0bn for Invesco S&P 500 Revenue ETF.

DIVB costs 0.34 points a year less; their one-year returns differ by 9.5 points; RWL is 4.9 times larger.

DIVB vs RWL: Differences, Returns & Fees
	DIVB	RWL
Expense ratio	0.05%	0.39%
Net assets	$2.0bn	$10.0bn
Total return, 1 year	+30.6%	+21.1%
What it tracks	Morningstar US Dividend and Buyback Index	S&P 500 Revenue-Weighted Index
Holdings in common	35%
Holdings dated	Oct 9, 2026	Oct 10, 2026
Top ten holdings, share of the fund	31.9%	24.0%
Below its high	4.5%, high on Sep 3, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+30.6%

DIVB total return, 1 year

+21.1%

RWL total return, 1 year

0.05%

DIVB expense ratio

0.39%

RWL expense ratio

What they hold in common

By the books each fund has filed, DIVB and RWL hold 35% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

50%

half

35% in common

Positions both hold, largest shared weight first

Holding DIVB RWL

EXXONMOBIL HOLDINGS CORP 2.67% 1.88%

UNITEDHEALTH GROUP 1.46% 2.18%

JPMORGAN CHASE & CO 2.51% 1.41%

CHEVRON 1.84% 1.05%

BANK OF AMERICA 1.31% 0.85%

CITIGROUP 0.88% 0.83%

HOME DEPOT 0.73% 0.80%

MARATHON PETROLEUM 0.70% 0.88%

ELEVANCE HEALTH INC 0.61% 1.05%

WELLS FARGO 1.13% 0.60%

CIGNA 0.60% 1.44%

VERIZON COMMUNICATIONS INC 1.01% 0.59%

Only in DIVB

SS AND C TECHNOLOGIES HOLDINGS 1.49%

AVNET INC 0.46%

GENPACT 0.40%

UNIVERSAL DISPLAY CORP 0.20%

ROYALTY PHARMA PLC CLASS A 0.12%

UNUM 0.11%

FIRST HORIZON 0.09%

MATCH GROUP INC 0.09%

Only in RWL

Amazon.com Inc 4.05%

Walmart Inc 3.89%

Apple Inc 2.50%

McKesson Corp 2.17%

Berkshire Hathaway Inc 1.97%

Microsoft Corp 1.81%

Cencora Inc 1.67%

NVIDIA Corp 1.56%

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On the same fields

DIVB

iShares Core Dividend ETF

RWL

Invesco S&P 500 Revenue ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +30.6% +21.1%

Expense ratio 0.05% 0.39%

Already in the S&P 500 89.6% 99.4%

Holdings 381 505

Net assets $2.0bn $10.0bn

DIVB and RWL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About DIVB

DIVB tracks an index. Over the year to Oct 9, 2026 it returned +30.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer for Oct 9, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 381 positions, with the top ten at 31.9%. It sat 4.5% below its high of Sep 3, 2026 on Oct 9, 2026.

About RWL

RWL tracks an index. Over the year to Oct 9, 2026 it returned +21.1% with distributions reinvested. The prospectus expense ratio is 0.39% a year. By its holdings published by its issuer for Oct 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 24.0%.

Questions people ask

Which returned more over the last year, DIVB or RWL?: In the year to Oct 9, 2026, with distributions reinvested, DIVB returned +30.6% and RWL +21.1%.
Which is cheaper, DIVB or RWL?: DIVB is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIVB and RWL overlap with the S&P 500?: By their latest filed holdings, 90% of DIVB and 99% of RWL by weight is stocks the S&P 500 already holds.

Other comparisons

DIVB vs FNDX DIVB vs IUSV DIVB vs SPYV DIVB vs IVE JVAL vs RWL NULV vs RWL PWV vs RWL DTD vs RWL

DIVB on its own →RWL on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DIVB filings on SEC EDGAR ↗DIVB prospectus with the expense ratio (SEC) ↗iShares page for DIVB ↗RWL filings on SEC EDGAR ↗RWL prospectus with the expense ratio (SEC) ↗Invesco page for RWL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DIVB against RWL, data as of Oct 9, 2026. https://etfiq.com/compare/any/divb-vs-rwl

Open data

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