Are IBB and VOE in the same category?

IBB is a thematic ETF and VOE is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, IBB or VOE?

In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and VOE +22.8%.

Which is cheaper, IBB or VOE?

VOE is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IBB and VOE overlap with the S&P 500?

By their latest filed holdings, 40% of IBB and 96% of VOE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IBB vs VOE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IBB returned +37.5% to VOE's +22.8%, and VOE charges 0.05% to IBB's 0.44%.

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Net assets: $11.0bn on Oct 27, 2026 for iShares Biotechnology ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.

IBB on its own →VOE on its own →

At a glance

+37.5%

IBB total return, 1 year

+22.8%

VOE total return, 1 year

0.44%

IBB expense ratio

0.05%

VOE expense ratio

Pair scorecard

VOE costs 0.39 points a year less; their one-year returns differ by 14.7 points; VOE is 2.0 times larger.

IBB vs VOE: Differences, Returns & Fees
Measure	IBB	VOE
Return
Measure	IBB	VOE
Total return, 1 year	+37.5%	+22.8%
Benchmark
Measure	IBB	VOE
What it tracks	Biotech	Morningstar US Mid Cap Value Index
Cost and size
Measure	IBB	VOE
Expense ratio	0.44%	0.05%
Net assets, as of Sep 30, 2026	$11.2bn	$22.8bn
Active share vs the S&P 500	99%
Holdings
Measure	IBB	VOE
Holdings in common	2%
Top ten holdings, share of the fund	50%	14.0%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, IBB and VOE hold 2% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IBB VOE

REGENERON PHARMACEUTICALS 5.64% 0.65%

MODERNA 5.29% 0.59%

BIOGEN 2.58% 0.57%

Only in one fund ↓

Only in IBB

GILEAD SCIENCES 8.56%

AMGEN INC 8.20%

VERTEX PHARMACEUTICALS 7.53%

NATERA 3.85%

ARGENX SE ADR 3.42%

ILLUMINA INC 2.93%

REVOLUTION MEDICINES 2.50%

BEONE MEDICINES AG 2.15%

Only in VOE

Valero Energy Corp 1.90%

Marathon Petroleum Corp 1.89%

Phillips 66 1.73%

Hewlett Packard Enterprise Co 1.37%

Warner Bros Discovery Inc 1.25%

SLB Ltd 1.23%

Target Corp 1.21%

Cummins Inc 1.21%

Check overlap with more funds →

Side by side

IBB iShares Biotechnology ETF VOE Vanguard Morningstar Mid-Cap Value ETF

Where it sits Thematic ETF Stock ETF

Issuer iShares Vanguard

What it is Biotech Tracks an index of Mid-Cap Value

Total return, 1 year +37.5% +22.8%

Expense ratio 0.44% 0.05%

Already in the S&P 500 40.2% 96.0%

Holdings 245 169

Net assets, IBB as of Oct 27, 2026 and VOE as of Sep 30, 2026 $11.0bn $22.8bn

IBB and VOE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

IBB

By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Are IBB and VOE in the same category?: IBB is a thematic ETF and VOE is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IBB or VOE?: In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and VOE +22.8%.
Which is cheaper, IBB or VOE?: VOE is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IBB and VOE overlap with the S&P 500?: By their latest filed holdings, 40% of IBB and 96% of VOE by weight is stocks the S&P 500 already holds.

Other comparisons

IBB vs SDY DVY vs IBB IBB vs NOBL IBB vs RSP VOE vs XBI CGBL vs VOE BITO vs VOE PDBC vs VOE

Where to next

IBB on its own →VOE on its own →Hold both: look the portfolio through →Rankings →IBB dividend history →IBB holdings →VOE dividend history →VOE holdings →Standards and sources →

Sources and dates

IBB filings on SEC EDGAR ↗

IBB prospectus with the expense ratio (SEC) ↗

iShares page for IBB ↗

VOE filings on SEC EDGAR ↗

VOE prospectus with the expense ratio (SEC) ↗

Vanguard page for VOE ↗

Links are sources, not endorsements. 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, IBB against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-voe

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