Data as of Oct 28, 2026.

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IUSB vs IWB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IUSB returned −1.2% to IWB's +13.1%; 0% of their weight is in the same names.

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Net assets: $49.8bn on Oct 27, 2026 for iShares Core Universal USD Bond ETF, and $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF.

At a glance
−1.2%
IUSB total return, 1 year
+13.1%
IWB total return, 1 year
0.06%
IUSB expense ratio
0.15%
IWB expense ratio

Pair scorecard

IUSB costs 0.09 points a year less; their one-year returns differ by 14.3 points.

IUSB vs IWB: Differences, Returns & Fees
MeasureIUSBIWB
Return
Total return, 1 year−1.2%+13.1%
Benchmark
What it tracksBloomberg U.S. Universal IndexRussell 1000 Index
Cost and size
Expense ratio0.06%0.15%
Net assets, as of Oct 26, 2026$49.8bn$48.7bn
Holdings
Holdings in common0%
In the S&P 500, by weight92%
Top ten holdings, share of the fund35.3%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
IUSB IWB
Return
Total return edge IWB +28.3% +358.9%
Annualized edge IWB +2.0% +13.1%
Price return edge IWB −10.7% +277.1%
Risk
Volatility edge IUSB 5.0% 16.7%
Max drawdown edge IUSB −17.7% −32.7%
Risk-adjusted
Sharpe edge IWB 0.02 0.70
Sortino edge IWB 0.02 1.00
Calmar edge IWB 0.11 0.40
Reading

IWB returned more: +358.9% to +28.3%. IUSB swung less: 5.0% to 16.7%. IUSB fell less at its worst: −17.7% to −32.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IUSB vs IWB: Differences, Returns & Fees
MeasureIUSBIWBEdgeHow it is measured
Return
Total return+28.3%+358.9%IWBPrice change plus distributions, reinvested.
Annualized+2.0%+13.1%IWBTotal return as a yearly rate.
Price return−10.7%+277.1%IWBPrice change alone, distributions left out.
Risk
Volatility5.0%16.7%IUSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation3.6%11.6%IUSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−17.7%−32.7%IUSBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.020.70IWBReturn above Treasury bills per unit of volatility.
Sortino0.021.00IWBReturn above Treasury bills per unit of downside deviation.
Calmar0.110.40IWBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, IUSB and IWB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IUSB IWB
Only in one fund ↓
Only in IUSB
BLK Liquidity Temp Cash Inst #21 4.75%
TREASURY NOTE 0.49%
TREASURY NOTE 0.42%
TREASURY NOTE 0.41%
TREASURY NOTE 0.38%
TREASURY NOTE 0.37%
TREASURY NOTE (2OLD) 0.36%
UMBS 15YR TBA(REG B) 0.35%
Only in IWB
NVIDIA 7.15%
APPLE 7.06%
MICROSOFT 5.56%
AMAZON.COM INC 3.46%
ALPHABET CLASS A 2.63%
BROADCOM INC 2.24%
ALPHABET CLASS C 2.12%
META PLATFORMS CLASS A 1.92%
Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF IWB iShares Russell 1000 ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Universal USD Bond Tracks the Russell 1000
Total return, 1 year −1.2% +13.1%
Its benchmark over the same days not measured +13.2% (VONE)
Gap to its benchmark not measured −0.1 pts vs VONE
Expense ratio 0.06% 0.15%
Holdings 18338 1025
Net assets, IUSB as of Oct 27, 2026 and IWB as of Oct 28, 2026 $49.8bn $49.1bn

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

Client brief · page 1 of 2 Report BR-0BA7AE2547

IUSB and IWB do different jobs. What does each one do in a portfolio?

  1. What each follows. IUSB follows Bloomberg U.S. Universal Index and IWB follows Russell 1000 Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IUSB returned −1.2% and IWB +13.1% with distributions reinvested, a gap of 14.3 points.

Data as of Oct 28, 2026.

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About each fund
IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or IWB?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and IWB +13.1%.
Which is cheaper, IUSB or IWB?
IUSB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against IWB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-iwb

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