FFLC vs IWB: Differences, Returns & Fees

FFLC and IWB hold 36% of their weight in the same names, and IWB returned +16.6% over the year. Net assets: $1.2bn on Sep 30, 2026 for Fidelity Fundamental Large Cap Core ETF, and $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF.

IWB costs 0.23 points a year less; their one-year returns differ by 1.3 points; IWB is far larger, $48.6bn against $1.2bn.

FFLC vs IWB: Differences, Returns & Fees
FFLCIWB
Expense ratio0.38%0.15%
Net assets, as of Sep 30, 2026$1.2bn$48.6bn
Total return, 1 year+15.3%+16.6%
What it tracksNo index, actively managedRussell 1000 Index
Holdings in common36%
Top ten holdings, share of the fund39.5%36.1%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 9, 2026.

+15.3%
FFLC total return, 1 year
+16.6%
IWB total return, 1 year
0.38%
FFLC expense ratio
0.15%
IWB expense ratio

What they hold in common

By the books each fund has filed, FFLC and IWB hold 36% 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 Jul 31, 2026 and Oct 9, 2026.

half

36% in common

Positions both hold, largest shared weight first
Holding FFLC IWB
NVIDIA CORP 8.35% 7.44%
APPLE INC 4.18% 6.77%
AMAZON.COM INC 5.55% 3.54%
ALPHABET INC 7.10% 2.85%
MICROSOFT CORP 2.60% 5.53%
BROADCOM INC 2.48% 2.34%
META PLATFORMS INC 2.94% 2.20%
EXXONMOBIL HOLDINGS CORP 1.96% 0.97%
VISA INC 1.90% 0.91%
ADVANCED MICRO DEVICES INC 0.75% 1.38%
BANK OF AMERICA CORPORATION 1.65% 0.49%
COCA COLA CO 0.73% 0.48%
Only in FFLC
TAIWAN SEMICONDUCTOR MFG CO LTD 2.40%
ELI LILLY and CO 1.67%
WELLS FARGO and CO 1.57%
WESTINGHOUSE AIR BRAKE TECH CORP 1.37%
SEAGATE TECHNOLOGY HOLDINGS PLC 1.28%
SHELL PLC 1.21%
BANK NEW YORK MELLON CORP 0.91%
IMPERIAL OIL LTD 0.88%
Only in IWB
ALPHABET CLASS C 2.30%
TESLA INC 1.56%
BERKSHIRE HATHAWAY INC CLASS B 1.34%
ELI LILLY 1.31%
JPMORGAN CHASE & CO 1.24%
JOHNSON & JOHNSON 0.88%
ABBVIE 0.68%
WALMART 0.68%

Check overlap with more funds →

On the same fields

FFLC
Fidelity Fundamental Large Cap Core ETF
IWB
iShares Russell 1000 ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks the Russell 1000
Total return, 1 year +15.3% +16.6%
Its benchmark over the same days not published +16.8% (VONE)
Gap to its benchmark not available −0.1 pts vs VONE
Expense ratio 0.38% 0.15%
Already in the S&P 500 82.9% 91.7%
Holdings 115 1025
Net assets, FFLC as of Sep 30, 2026 and IWB as of Oct 9, 2026 $1.2bn $49.6bn

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

About FFLC

FFLC is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.38% a year. By its holdings filed for Jul 31, 2026, 83% of the fund by weight is stocks the S&P 500 also holds, across 115 positions, with the top ten at 39.5%.

About IWB

IWB tracks the Russell 1000. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested, against +16.8% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 36.1%.

Questions people ask

Which returned more over the last year, FFLC or IWB?
In the year to Oct 9, 2026, with distributions reinvested, FFLC returned +15.3% and IWB +16.6%.
Which is cheaper, FFLC or IWB?
IWB is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FFLC and IWB overlap with the S&P 500?
By their latest filed holdings, 83% of FFLC and 92% of IWB by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, FFLC against IWB, data as of Oct 9, 2026. https://etfiq.com/compare/any/fflc-vs-iwb

Open data

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