Which is cheaper, FINA or IWB?

FINA is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FINA and IWB overlap with the S&P 500?

By their latest filed holdings, 94% of FINA and 92% of IWB by weight is stocks the S&P 500 already holds.

Share on X Download as PDF

Ask IQ about these two funds

FINA vs IWB: Differences, Returns & Fees

FINA and IWB hold 68% of their weight in the same names. Net assets: $2.1bn on Sep 30, 2026 for Fidelity MSCI North American Subset Index ETF, and $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF.

FINA costs 0.06 points a year less; IWB is far larger, $48.6bn against $2.1bn.

FINA vs IWB: Differences, Returns & Fees
	FINA	IWB
Expense ratio	0.09%	0.15%
Net assets, as of Sep 30, 2026	$2.1bn	$48.6bn
Total return, 1 year	not published	+16.6%
What it tracks	not published	Russell 1000 Index
Holdings in common	68%
Top ten holdings, share of the fund	35.0%	36.1%

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

+3.9%

FINA total return, since launch, Jul 9, 2026

+16.6%

IWB total return, 1 year

0.09%

FINA expense ratio

0.15%

IWB expense ratio

What they hold in common

By the books each fund has filed, FINA and IWB hold 68% 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.

50%

half

68% in common

Positions both hold, largest shared weight first

Holding FINA IWB

NVIDIA CORP 6.83% 7.44%

APPLE INC 6.69% 6.77%

MICROSOFT CORP 4.86% 5.53%

AMAZON.COM INC 3.87% 3.54%

ALPHABET INC 3.39% 2.85%

BROADCOM INC 2.58% 2.34%

ALPHABET INC 2.09% 2.30%

META PLATFORMS INC 1.82% 2.20%

MICRON TECHNOLOGY INC 1.39% 1.61%

TESLA INC 1.30% 1.56%

ADVANCED MICRO DEVICES INC 1.18% 1.38%

EXXONMOBIL HOLDINGS CORP 0.99% 0.97%

Only in FINA

JPMORGAN CHASE and CO 1.42%

ELI LILLY and CO 1.37%

JOHNSON and JOHNSON 1.00%

APPLIED MATERIALS INC 0.70%

CHEVRON CORP NEW 0.58%

PROCTER and GAMBLE CO 0.57%

MERCK and CO INC 0.53%

ROYAL BANK OF CANADA 0.51%

Only in IWB

BERKSHIRE HATHAWAY INC CLASS B 1.34%

ELI LILLY 1.31%

JPMORGAN CHASE & CO 1.24%

JOHNSON & JOHNSON 0.88%

APPLIED MATERIAL INC 0.56%

CHEVRON 0.55%

MERCK & CO INC 0.50%

PROCTER & GAMBLE 0.49%

Check overlap with more funds →

On the same fields

FINA

Fidelity MSCI North American Subset Index ETF

IWB

iShares Russell 1000 ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Equity fund Tracks the Russell 1000

Total return, 1 year +3.9% (since launch, Jul 9, 2026) +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 0.09% 0.15%

Already in the S&P 500 93.6% 91.7%

Holdings 274 1025

Net assets, FINA as of Sep 30, 2026 and IWB as of Oct 9, 2026 $2.1bn $49.6bn

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

About FINA

The prospectus expense ratio is 0.09% a year. By its holdings filed for Jul 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 274 positions, with the top ten at 35.0%.

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 is cheaper, FINA or IWB?: FINA is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FINA and IWB overlap with the S&P 500?: By their latest filed holdings, 94% of FINA and 92% of IWB by weight is stocks the S&P 500 already holds.

Other comparisons

FINA vs QUAL FINA vs SCHB FINA vs RDVY FINA vs USMV GSEW vs IWB IWB vs TMFC IWB vs USPX IWB vs TILT

FINA on its own →IWB on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

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

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

Open data

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