IUSG vs PWB: Differences, Returns & Fees
IUSG and PWB hold 40% of their weight in the same names, and PWB returned +20.2% over the year. Net assets on Oct 20, 2026: $33.6bn for iShares Core S&P U.S. Growth ETF and $2.6bn for Invesco Large Cap Growth ETF.
IUSG costs 0.51 points a year less; their one-year returns differ by 4.3 points; IUSG is 12.9 times larger.
| IUSG | PWB | |
|---|---|---|
| Expense ratio | 0.04% | 0.55% |
| Net assets | $33.6bn | $2.6bn |
| Total return, 1 year | +15.9% | +20.2% |
| What it tracks | S&P 900 Growth Index | Dynamic Large Cap Growth Intellidex Index |
| Holdings in common | 40% | |
| Top ten holdings, share of the fund | 57.4% | 36.0% |
| Below its high | 4.1%, high on Oct 6, 2026 | 8.9%, high on Jun 22, 2026 |
Holdings in common uses holdings dated Oct 19, 2026.
IUSG and PWB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. IUSG follows S&P 900 Growth Index and PWB follows Dynamic Large Cap Growth Intellidex Index.
- Holdings in common. 40% of the weight is in the same securities (holdings dated Oct 19, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 IUSG returned +15.9% and PWB +20.2% with distributions reinvested, a gap of 4.3 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, IUSG and PWB hold 40% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.
half
40% in common
On the same fields
IUSG and PWB on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About IUSG
IUSG tracks an index. Over the year to Oct 20, 2026 it returned +15.9% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 19, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 402 positions, with the top ten at 57.4%. It sat 4.1% below its high of Oct 6, 2026 on Oct 20, 2026.
About PWB
PWB tracks an index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 36.0%. It sat 8.9% below its high of Jun 22, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +20.2% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.
Questions people ask
- Which returned more over the last year, IUSG or PWB?
- In the year to Oct 20, 2026, with distributions reinvested, IUSG returned +15.9% and PWB +20.2%.
- Which is cheaper, IUSG or PWB?
- IUSG is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
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, IUSG against PWB, data as of Oct 20, 2026. https://etfiq.com/compare/any/iusg-vs-pwb
ETFIQ. (Oct 20, 2026). IUSG against PWB. Retrieved from https://etfiq.com/compare/any/iusg-vs-pwb
[IUSG against PWB (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/iusg-vs-pwb)
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