IVW vs IWY: Differences, Returns & Fees

IVW and IWY hold 75% of their weight in the same names, and IVW returned +15.7% over the year. Net assets on Oct 20, 2026: $77.4bn for iShares S&P 500 Growth ETF and $15.8bn for iShares Russell Top 200 Growth ETF.

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Answers cite the figures on this page.

IVW costs 0.02 points a year less; their one-year returns differ by 11.0 points; IVW is 4.9 times larger.

IVW vs IWY: Differences, Returns & Fees
IVWIWY
Expense ratio0.18%0.20%
Net assets$77.4bn$15.8bn
Total return, 1 year+15.7%+4.7%
What it tracksS&P 500 Growth IndexRussell Top 200 Growth Index
Holdings in common75%
Top ten holdings, share of the fund60.2%60.9%
Below its high4.2%, high on Oct 6, 20265.2%, high on Oct 6, 2026

Holdings in common uses holdings dated Oct 19, 2026.

+15.7%
IVW total return, 1 year
+4.7%
IWY total return, 1 year
0.18%
IVW expense ratio
0.20%
IWY expense ratio

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Client brief · page 1 of 2Report BR-7AA77AF936

IVW and IWY are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IVW follows S&P 500 Growth Index and IWY follows Russell Top 200 Growth Index.
  2. One-year total return. Over 1 year to Oct 20, 2026 IVW returned +15.7% and IWY +4.7% with distributions reinvested, a gap of 11.0 points.
  3. Size. IVW has $77.4bn in net assets and IWY $15.8bn (Net assets); IVW is 4.9 times larger.

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, IVW and IWY hold 75% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.

half

75% in common

Positions both hold, largest shared weight first
Holding IVW IWY
NVIDIA 14.44% 15.02%
APPLE 6.88% 8.32%
MICROSOFT 10.89% 6.34%
ALPHABET CLASS A 5.55% 6.07%
ALPHABET CLASS C 4.45% 4.89%
BROADCOM INC 4.38% 5.08%
META PLATFORMS CLASS A 4.28% 4.35%
MICRON TECHNOLOGY 2.81% 3.54%
ELI LILLY 2.73% 3.55%
ADVANCED MICRO DEVICES 2.41% 3.10%
TESLA INC 1.77% 3.78%
PALANTIR TECHNOLOGIES CLASS A 1.23% 1.58%
Only in IVW
BERKSHIRE HATHAWAY INC CLASS B 2.73%
JPMORGAN CHASE & CO 1.66%
JOHNSON & JOHNSON 0.99%
RTX 0.71%
CISCO SYSTEMS INC 0.61%
PHILIP MORRIS INTERNATIONAL 0.48%
GOLDMAN SACHS GROUP 0.46%
WELLTOWER 0.46%
Only in IWY
TEXAS INSTRUMENT 0.92%
HOME DEPOT 0.84%
COSTCO WHOLESALE CORP 0.71%
WESTERN DIGITAL CORP 0.44%
LOCKHEED MARTIN CORP 0.41%
MCKESSON CORP 0.41%
SPACE EXPLORATION TECHNOLOGIES COR 0.30%
SPOTIFY TECHNOLOGY 0.30%

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On the same fields

IVW
iShares S&P 500 Growth ETF
IWY
iShares Russell Top 200 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +15.7% +4.7%
Its benchmark over the same days +15.8% (SPYG) +15.0% (IWV)
Gap to its benchmark −0.1 pts vs SPYG −10.4 pts vs IWV
Expense ratio 0.18% 0.20%
Already in the S&P 500 99.9% 98.8%
Holdings 153 102
Net assets $77.4bn $15.8bn

IVW and IWY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IVW

IVW tracks an index. Over the year to Oct 20, 2026 it returned +15.7% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 19, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 153 positions, with the top ten at 60.2%. It sat 4.2% below its high of Oct 6, 2026 on Oct 20, 2026.

About IWY

IWY tracks an index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 19, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 60.9%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, IVW or IWY?
In the year to Oct 20, 2026, with distributions reinvested, IVW returned +15.7% and IWY +4.7%.
Which is cheaper, IVW or IWY?
IVW is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVW and IWY overlap with the S&P 500?
By their latest filed holdings, 100% of IVW and 99% of IWY by weight is stocks the S&P 500 already holds.
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ETFIQ, IVW against IWY, data as of Oct 20, 2026. https://etfiq.com/compare/any/ivw-vs-iwy

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