Which returned more over the last year, FELV or IWD?

In the year to Oct 9, 2026, with distributions reinvested, FELV returned +28.5% and IWD +26.4%.

Which is cheaper, FELV or IWD?

Neither: FELV and IWD both charge 0.18% a year. Fees come from each fund's prospectus.

How much do FELV and IWD overlap with the S&P 500?

By their latest filed holdings, 88% of FELV and 90% of IWD by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

FELV vs IWD: Differences, Returns & Fees

FELV and IWD hold 43% of their weight in the same names, and FELV returned +28.5% over the year. Net assets: $3.4bn on Sep 30, 2026 for Fidelity Enhanced Large Cap Value ETF, and $82.9bn on Oct 9, 2026 for iShares Russell 1000 Value ETF.

Both cost 0.18% a year; their one-year returns differ by 2.1 points; IWD is far larger, $81.0bn against $3.4bn.

Points (pts) are percentage points.

FELV vs IWD: Differences, Returns & Fees
	FELV	IWD
Expense ratio	0.18%	0.18%
Net assets, as of Sep 30, 2026	$3.4bn	$81.0bn
Total return, 1 year	+28.5%	+26.4%
What it tracks	No index, actively managed	Russell 1000 Value Index
Holdings in common	43%
Top ten holdings, share of the fund	26.2%	30.0%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 9, 2026.

+28.5%

FELV total return, 1 year

+26.4%

IWD total return, 1 year

0.18%

FELV expense ratio

0.18%

IWD expense ratio

What they hold in common

By the books each fund has filed, FELV and IWD hold 43% 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 Jun 30, 2026 and Oct 9, 2026.

50%

half

43% in common

Positions both hold, largest shared weight first

Holding FELV IWD

AMAZON.COM INC 5.15% 6.28%

APPLE INC 4.66% 6.01%

MICROSOFT CORP 3.39% 5.35%

INTEL CORP 1.77% 1.29%

CISCO SYSTEMS INC 1.23% 1.26%

WALMART INC 1.01% 1.20%

UNITEDHEALTH GROUP INC 1.18% 0.92%

BANK OF AMERICA CORPORATION 0.86% 0.88%

PHILIP MORRIS INTERNATIONAL INC 0.86% 0.85%

GOLDMAN SACHS GROUP INC (THE) 0.77% 0.70%

RTX CORP 1.09% 0.68%

MORGAN STANLEY 0.80% 0.57%

Only in FELV

BERKSHIRE HATHAWAY INC DEL 3.08%

JPMORGAN CHASE and CO 2.62%

EXXON MOBIL CORP 1.80%

JOHNSON and JOHNSON 1.30%

CHEVRON CORP NEW 0.98%

WELLS FARGO and CO 0.97%

SCHWAB CHARLES CORP 0.91%

PROCTER and GAMBLE CO 0.78%

Only in IWD

BERKSHIRE HATHAWAY INC CLASS B 2.59%

JPMORGAN CHASE & CO 2.40%

EXXONMOBIL HOLDINGS CORP 1.87%

JOHNSON & JOHNSON 1.70%

CHEVRON 1.06%

MERCK & CO INC 0.97%

PROCTER & GAMBLE 0.95%

WELLS FARGO 0.68%

Check overlap with more funds →

On the same fields

FELV

Fidelity Enhanced Large Cap Value ETF

IWD

iShares Russell 1000 Value ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Actively managed Tracks the Russell 1000 value

Total return, 1 year +28.5% +26.4%

Its benchmark over the same days not published +26.5% (VONV)

Gap to its benchmark not available −0.1 pts vs VONV

Expense ratio 0.18% 0.18%

Already in the S&P 500 87.5% 90.0%

Holdings 351 871

Net assets, FELV as of Sep 30, 2026 and IWD as of Oct 9, 2026 $3.4bn $82.9bn

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

About FELV

FELV is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +28.5% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 351 positions, with the top ten at 26.2%.

About IWD

IWD tracks the Russell 1000 value. Over the year to Oct 9, 2026 it returned +26.4% with distributions reinvested, against +26.5% for its benchmark, the Russell 1000 Value Index. 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 871 positions, with the top ten at 30.0%.

Questions people ask

Which returned more over the last year, FELV or IWD?: In the year to Oct 9, 2026, with distributions reinvested, FELV returned +28.5% and IWD +26.4%.
Which is cheaper, FELV or IWD?: Neither: FELV and IWD both charge 0.18% a year. Fees come from each fund's prospectus.
How much do FELV and IWD overlap with the S&P 500?: By their latest filed holdings, 88% of FELV and 90% of IWD by weight is stocks the S&P 500 already holds.

Other comparisons

FELV vs VTV FELV vs RWL FELV vs PRF FELV vs VLUE IWD vs IWX IWD vs SPHD IWD vs NULV IWD vs PWV

FELV on its own →IWD on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FELV filings on SEC EDGAR ↗FELV prospectus with the expense ratio (SEC) ↗Fidelity website ↗IWD filings on SEC EDGAR ↗IWD prospectus with the expense ratio (SEC) ↗iShares page for IWD ↗

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, FELV against IWD, data as of Oct 9, 2026. https://etfiq.com/compare/any/felv-vs-iwd

Open data

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