Data as of Oct 28, 2026.

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IWB vs IWF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to IWF's +0.9%; 56% of their weight is in the same names.

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Net assets: $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF, and $124.7bn on Oct 27, 2026 for iShares Russell 1000 Growth ETF.

At a glance
+13.1%
IWB total return, 1 year
+0.9%
IWF total return, 1 year
0.15%
IWB expense ratio
0.18%
IWF expense ratio

Pair scorecard

IWB costs 0.03 points a year less; their one-year returns differ by 12.2 points; IWF is 2.5 times larger.

IWB vs IWF: Differences, Returns & Fees
MeasureIWBIWF
Return
Total return, 1 year+13.1%+0.9%
Drawdown
Below its high4.8%, high on Oct 6, 2026
Benchmark
What it tracksRussell 1000 IndexRussell 1000 Growth Index
Cost and size
Expense ratio0.15%0.18%
Net assets, as of Oct 26, 2026$48.7bn$123.5bn
Holdings
Holdings in common56%
Top ten holdings, share of the fund35.3%57.5%

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

Risk and return

Jun 2, 2000 to Oct 23, 2026 · 1,377 weekly returns
IWB IWF
Return
Total return edge IWB +721.2% +629.2%
Annualized edge IWB (slight) +8.3% +7.8%
Price return edge IWF (slight) +429.9% +457.0%
Risk
Volatility edge IWB (slight) 17.6% 19.1%
Max drawdown edge IWB −54.8% −63.4%
Downside capture 100.1% 100.1%
Beta 1.00 1.00
Risk-adjusted
Sharpe edge IWB 0.44 0.40
Sortino edge IWB (slight) 0.62 0.56
Treynor 0.130 0.149
Calmar edge IWB 0.15 0.12
Against the benchmark
Alpha 0.0% a year −0.1% a year
Alpha t-stat −0.09 −0.58
Information ratio −0.03 −0.11
Tracking error 1.0% 1.0%

Each against its own benchmark: IWB against VONE, Oct 1, 2010 to Oct 23, 2026; IWF against VONG, Oct 1, 2010 to Oct 23, 2026.

Reading

IWB returned more: +721.2% to +629.2%. IWB swung slightly less: 17.6% to 19.1%. IWB fell less at its worst: −54.8% to −63.4%.

Full scorecard

19 measures, with how each is measured
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Risk and return: IWB vs IWF: Differences, Returns & Fees
MeasureIWBIWFEdgeHow it is measured
Return
Total return+721.2%+629.2%IWBPrice change plus distributions, reinvested.
Annualized+8.3%+7.8%IWB (slight)Total return as a yearly rate.
Price return+429.9%+457.0%IWF (slight)Price change alone, distributions left out.
Risk
Volatility17.6%19.1%IWB (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.6%13.5%IWB (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−54.8%−63.4%IWBDeepest fall from a high to the low after it.
Upside capture100.1%99.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.1%100.1%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.001.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.001.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.440.40IWBReturn above Treasury bills per unit of volatility.
Sortino0.620.56IWB (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1300.149Return above Treasury bills per unit of beta.
Calmar0.150.12IWBAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVONEVONGThe ETF each fund is measured against.
Alpha0.0% a year−0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.09−0.58Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.5%−0.6% to +0.3%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.03−0.11Return against its benchmark per unit of tracking error.
Tracking error1.0%1.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,377 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

56%

By the books each fund has filed, IWB and IWF hold 56% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

56% in common

Positions both hold · largest shared weight first IWB IWF
NVIDIA 7.15% 15.30%
APPLE 7.06% 8.18%
MICROSOFT 5.56% 5.94%
ALPHABET CLASS A 2.63% 5.62%
BROADCOM INC 2.24% 4.79%
ALPHABET CLASS C 2.12% 4.53%
META PLATFORMS CLASS A 1.92% 3.36%
TESLA INC 1.68% 3.58%
MICRON TECHNOLOGY 1.47% 3.15%
ELI LILLY 1.44% 3.08%
ADVANCED MICRO DEVICES 1.28% 2.74%
VISA CLASS A 0.96% 2.05%
Only in one fund ↓
Only in IWB
BERKSHIRE HATHAWAY INC CLASS B 1.42%
JPMORGAN CHASE & CO 1.26%
EXXONMOBIL HOLDINGS CORP 1.04%
JOHNSON & JOHNSON 0.91%
CISCO SYSTEMS INC 0.62%
CHEVRON 0.60%
INTEL CORPORATION 0.60%
PROCTER & GAMBLE 0.52%
Only in IWF
RUSSELL1000 GRWTH MINI CME DEC 26 0.00%
Check overlap with more funds →

Side by side

IWB iShares Russell 1000 ETF IWF iShares Russell 1000 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 Tracks the Russell 1000 growth
Total return, 1 year +13.1% +0.9%
Its benchmark over the same days +13.2% (VONE) +1.1% (VONG)
Gap to its benchmark −0.1 pts vs VONE −0.2 pts vs VONG
Expense ratio 0.15% 0.18%
Already in the S&P 500 91.7% 93.5%
Holdings 1025 374
Net assets, IWB as of Oct 28, 2026 and IWF as of Oct 27, 2026 $49.1bn $124.7bn

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

Client brief · page 1 of 2 Report BR-B654EEB1D9

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

  1. What each follows. IWB follows Russell 1000 Index and IWF follows Russell 1000 Growth Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 IWB returned +13.1% and IWF +0.9% with distributions reinvested, a gap of 12.2 points.
  3. Holdings in common (similar). 56% of the weight is in the same securities (holdings dated Oct 27, 2026).

Data as of Oct 28, 2026.

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About each fund
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%.

IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWB or IWF?
In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and IWF +0.9%.
Which is cheaper, IWB or IWF?
IWB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWB and IWF overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 94% of IWF by weight is stocks the S&P 500 already holds.
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ETFIQ, IWB against IWF, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-iwf

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