Which returned more over the last year, FVAL or IWB?

In the year to Oct 9, 2026, with distributions reinvested, FVAL returned +20.9% and IWB +16.6%.

Which is cheaper, FVAL or IWB?

Neither: FVAL and IWB both charge 0.15% a year. Fees come from each fund's prospectus.

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

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

Compare their flows Ask IQ about these two funds

FVAL vs IWB: Differences, Returns & Fees

FVAL and IWB hold 45% of their weight in the same names, and FVAL returned +20.9% over the year. Net assets: $1.4bn on Sep 30, 2026 for Fidelity Value Factor ETF, and $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF.

Both cost 0.15% a year; their one-year returns differ by 4.3 points; IWB is far larger, $48.6bn against $1.4bn.

Points (pts) are percentage points.

FVAL vs IWB: Differences, Returns & Fees
	FVAL	IWB
Expense ratio	0.15%	0.15%
Net assets, as of Sep 30, 2026	$1.4bn	$48.6bn
Total return, 1 year	+20.9%	+16.6%
What it tracks	Fidelity U.S. Value Factor Index	Russell 1000 Index
Holdings in common	45%
Top ten holdings, share of the fund	42.3%	36.1%

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

+20.9%

FVAL total return, 1 year

+16.6%

IWB total return, 1 year

0.15%

FVAL expense ratio

0.15%

IWB expense ratio

What they hold in common

By the books each fund has filed, FVAL and IWB hold 45% 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

45% in common

Positions both hold, largest shared weight first

Holding FVAL IWB

NVIDIA CORP 7.71% 7.44%

APPLE INC 7.24% 6.77%

MICROSOFT CORP 5.65% 5.53%

AMAZON.COM INC 4.39% 3.54%

ALPHABET INC 5.63% 2.85%

BROADCOM INC 3.42% 2.34%

META PLATFORMS INC 1.96% 2.20%

MICRON TECHNOLOGY INC 2.67% 1.61%

EXXONMOBIL HOLDINGS CORP 1.11% 0.97%

VISA INC 1.45% 0.91%

ABBVIE INC 1.14% 0.68%

WALMART INC 0.95% 0.68%

Only in FVAL

BERKSHIRE HATHAWAY INC DEL 1.86%

ELI LILLY and CO 1.76%

JOHNSON and JOHNSON 1.36%

MERCK and CO INC 0.94%

TRAVELERS COS INC 0.77%

PROCTER and GAMBLE CO 0.75%

CHEVRON CORP NEW 0.71%

CENTENE CORP DEL 0.70%

Only in IWB

ALPHABET CLASS C 2.30%

TESLA INC 1.56%

ADVANCED MICRO DEVICES 1.38%

BERKSHIRE HATHAWAY INC CLASS B 1.34%

ELI LILLY 1.31%

JPMORGAN CHASE & CO 1.24%

JOHNSON & JOHNSON 0.88%

INTEL CORPORATION 0.67%

Check overlap with more funds →

On the same fields

FVAL

Fidelity Value Factor ETF

IWB

iShares Russell 1000 ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Tracks an index Tracks the Russell 1000

Total return, 1 year +20.9% +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 0.15% 0.15%

Already in the S&P 500 91.8% 91.7%

Holdings 124 1025

Net assets, FVAL as of Sep 30, 2026 and IWB as of Oct 9, 2026 $1.4bn $49.6bn

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

About FVAL

FVAL tracks an index. Over the year to Oct 9, 2026 it returned +20.9% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 124 positions, with the top ten at 42.3%.

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. 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, FVAL or IWB?: In the year to Oct 9, 2026, with distributions reinvested, FVAL returned +20.9% and IWB +16.6%.
Which is cheaper, FVAL or IWB?: Neither: FVAL and IWB both charge 0.15% a year. Fees come from each fund's prospectus.
How much do FVAL and IWB overlap with the S&P 500?: By their latest filed holdings, 92% of FVAL and 92% of IWB by weight is stocks the S&P 500 already holds.

Other comparisons

FVAL vs QUAL FVAL vs SCHB FVAL vs RDVY FVAL vs USMV IWB vs QLC IWB vs SPHB IWB vs KLMN IWB vs SPUS

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

Where these figures came from

FVAL filings on SEC EDGAR ↗FVAL 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, FVAL against IWB, data as of Oct 9, 2026. https://etfiq.com/compare/any/fval-vs-iwb

Open data

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