Data as of Oct 28, 2026.
IAU vs IWB: Differences, Returns & Fees
IAU is a commodity fund and IWB an equity index fund, and over the year to Oct 28, 2026, IWB returned +13.1% against +2.7%.
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askIQ about IAU and IWBNet assets on Oct 28, 2026: $60.1bn for iShares Gold Trust and $49.1bn for iShares Russell 1000 ETF.
Pair scorecard
IWB costs 0.10 points a year less; their one-year returns differ by 10.4 points; IAU is 1.2 times larger.
| Measure | IAU | IWB |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.7% | +13.1% |
| Drawdown | ||
| Below its high | 24.6%, high on Jan 29, 2026 | |
| Benchmark | ||
| What it tracks | Gold | Russell 1000 Index |
| Cost and size | ||
| Expense ratio | 0.25% | 0.15% |
| Net assets | $60.1bn | $49.1bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 92% | |
| Holdings dated | Oct 27, 2026 | |
| Top ten holdings, share of the fund | 35.3% | |
Side by side
IAU and IWB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.
IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.
IWB
IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% 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 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.
Questions people ask
- Which returned more over the last year, IAU or IWB?
- In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and IWB +13.1%.
- Which is cheaper, IAU or IWB?
- IWB is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
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ETFIQ, IAU against IWB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iau-vs-iwb
ETFIQ. (Oct 28, 2026). IAU against IWB. Retrieved from https://etfiq.com/compare/any/iau-vs-iwb
[IAU against IWB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iau-vs-iwb)
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