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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GOVT vs IWB: how they differ

GOVT and IWB hold 0% of their weight in the same names, and IWB returned more over the year.

iShares U.S. Treasury Bond ETF and iShares Russell 1000 ETF.

What they hold in common

By the books each fund has filed, GOVT and IWB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GOVTOnly in IWB
US TREASURY N/B 0.60%NVIDIA 7.26%
TREASURY NOTE (OTR) 0.55%APPLE 6.73%
TREASURY BOND (OLD) 0.42%MICROSOFT 5.21%
TREASURY NOTE (2OLD) 0.25%AMAZON.COM INC 3.49%
TREASURY BOND (OTR) 0.16%ALPHABET CLASS A 2.77%
BLK CSH FND TREASURY SL AGENCY 0.11%BROADCOM INC 2.40%
TREASURY NOTE (OLD) 0.11%ALPHABET CLASS C 2.24%
TREASURY BOND (2OLD) 0.08%META PLATFORMS CLASS A 2.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

GOVT and IWB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
IWB
iShares Russell 1000 ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isU.S. Treasury BondRussell 1000
Total return, 1 year−1.0%+16.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts−0.8 pts
Expense ratio0.05%0.15%
Holdings216945

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

IWB in plain words

IWB is an index equity fund tracking the Russell 1000. Over the year to Sep 11, 2026 it returned +16.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 945 positions, with the top ten at 35.2%.

Questions people ask

Which returned more over the last year, GOVT or IWB?
In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and IWB returned +16.7%, so IWB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or IWB?
GOVT charges 0.05% a year and IWB charges 0.15%, so GOVT is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GOVT against IWB, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GOVT against IWB, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-iwb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources