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Data as of Oct 28, 2026.

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FDVV vs IWB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDVV returned +13.5% to IWB's +13.1%; 31% of their weight is in the same names.

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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF.

FDVV on its own →IWB on its own →
At a glance
+13.5%
FDVV total return, 1 year
+13.1%
IWB total return, 1 year
0.15%
FDVV expense ratio
0.15%
IWB expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 0.4 points; IWB is 4.8 times larger.

Points (pts) are percentage points.

FDVV vs IWB: Differences, Returns & Fees
MeasureFDVVIWB
Return
Total return, 1 year+13.5%+13.1%
Benchmark
What it tracksFidelity High Dividend IndexRussell 1000 Index
Cost and size
Expense ratio0.15%0.15%
Net assets, as of Sep 30, 2026$10.2bn$48.6bn
Holdings
Holdings in common31%
Top ten holdings, share of the fund33.8%35.3%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Sep 23, 2016 to Oct 23, 2026 · 526 weekly returns
FDVV IWB
Return
Total return edge IWB +247.7% +300.8%
Annualized edge IWB +13.1% +14.7%
Price return edge IWB +143.5% +244.0%
Risk
Volatility edge FDVV (slight) 16.9% 17.4%
Max drawdown edge IWB −37.4% −32.7%
Risk-adjusted
Sharpe edge IWB (slight) 0.67 0.74
Sortino edge IWB 0.93 1.06
Calmar edge IWB 0.35 0.45
Reading

IWB returned more: +300.8% to +247.7%. FDVV swung slightly less: 16.9% to 17.4%. IWB fell less at its worst: −32.7% to −37.4%.

Full scorecard

9 measures, with how each is measured Open ↓
Risk and return: FDVV vs IWB: Differences, Returns & Fees
MeasureFDVVIWBEdgeHow it is measured
Return
Total return+247.7%+300.8%IWBPrice change plus distributions, reinvested.
Annualized+13.1%+14.7%IWBTotal return as a yearly rate.
Price return+143.5%+244.0%IWBPrice change alone, distributions left out.
Risk
Volatility16.9%17.4%FDVV (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.1%12.0%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−37.4%−32.7%IWBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.670.74IWB (slight)Return above Treasury bills per unit of volatility.
Sortino0.931.06IWBReturn above Treasury bills per unit of downside deviation.
Calmar0.350.45IWBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 526 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

31%

By the books each fund has filed, FDVV and IWB hold 31% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

31% in common

Positions both hold · largest shared weight first FDVV IWB
NVIDIA CORP 6.57% 7.15%
APPLE INC 6.18% 7.06%
MICROSOFT CORP 4.88% 5.56%
BROADCOM INC 3.11% 2.24%
ALPHABET INC 1.95% 2.63%
META PLATFORMS INC 0.65% 1.92%
COCA COLA CO 1.96% 0.50%
UNITEDHEALTH GROUP INC 0.50% 0.52%
BANK OF AMERICA CORPORATION 1.96% 0.46%
ABBVIE INC 0.45% 0.71%
HOME DEPOT INC 1.59% 0.45%
PHILIP MORRIS INTERNATIONAL INC 1.80% 0.44%
Only in one fund ↓
Only in FDVV
JPMORGAN CHASE and CO 2.76%
PROCTER and GAMBLE CO 1.69%
TJX COMPANIES INC 1.58%
WELLS FARGO and CO 1.52%
BANCA MONTE DEI PASCHI DI SIENA SPA 1.50%
PRUDENTIAL FINL INC 1.50%
US BANCORP DEL 1.42%
BANCO BPM SPA 1.41%
Only in IWB
AMAZON.COM INC 3.46%
ALPHABET CLASS C 2.12%
TESLA INC 1.68%
MICRON TECHNOLOGY 1.47%
ELI LILLY 1.44%
BERKSHIRE HATHAWAY INC CLASS B 1.42%
ADVANCED MICRO DEVICES 1.28%
JPMORGAN CHASE & CO 1.26%
Check overlap with more funds →

Side by side

FDVV Fidelity High Dividend ETF IWB iShares Russell 1000 ETF
Where it sits Stock ETF Stock ETF
Issuer Fidelity iShares
What it is Tracks an index of High Dividend Tracks the Russell 1000
Total return, 1 year +13.5% +13.1%
Its benchmark over the same days not measured +13.2% (VONE)
Gap to its benchmark not measured −0.1 pts vs VONE
Expense ratio 0.15% 0.15%
Already in the S&P 500 87.4% 91.7%
Holdings 95 1025
Net assets, FDVV as of Sep 30, 2026 and IWB as of Oct 28, 2026 $10.2bn $49.1bn

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

Client brief · page 1 of 2 Report BR-49C27D7EB4

FDVV and IWB do different jobs. What does each one do in a portfolio?

  1. What each follows. FDVV follows Fidelity High Dividend Index and IWB follows Russell 1000 Index.
  2. Holdings in common. 31% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
  3. Number of holdings. FDVV holds 95 positions and IWB holds 1025.

Data as of Oct 28, 2026.

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About each fund
FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. 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 1,025 positions, with the top ten at 35.3%.

Questions people ask

Which returned more over the last year, FDVV or IWB?
In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and IWB +13.1%.
Which is cheaper, FDVV or IWB?
Neither: FDVV and IWB both charge 0.15% a year. Fees come from each fund's prospectus.
How much do FDVV and IWB overlap with the S&P 500?
By their latest filed holdings, 87% of FDVV and 92% of IWB by weight is stocks the S&P 500 already holds.
Other comparisons
FDVV vs QUALFDVV vs SCHBFDVV vs RDVYFDVV vs USMVEQWL vs IWBAVLV vs IWBIWB vs SPHDIWB vs VLUE
Where to next
FDVV on its own →IWB on its own →Hold both: look the portfolio through →Rankings →FDVV dividend history →FDVV holdings →IWB dividend history →IWB holdings →Standards and sources →
Sources and dates
FDVV filings on SEC EDGAR ↗
FDVV prospectus with the expense ratio (SEC) ↗
Fidelity website ↗
IWB filings on SEC EDGAR ↗
IWB prospectus with the expense ratio (SEC) ↗
iShares page for IWB ↗

Links are sources, not endorsements. 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.

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ETFIQ, FDVV against IWB, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-iwb

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