Data as of Oct 28, 2026.
IWB vs MAGS: Differences, Returns & Fees
Over the year to Oct 28, 2026, IWB returned +13.1% to MAGS's +5.8%; 20% of their weight is in the same names.
askIQ about this page
askIQ about IWB and MAGS
Net assets on Oct 28, 2026: $49.1bn for iShares Russell 1000 ETF and $5.5bn for Roundhill Magnificent Seven ETF.
Pair scorecard
IWB costs 0.15 points a year less; their one-year returns differ by 7.3 points; IWB is 8.9 times larger.
| Measure | IWB | MAGS |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.1% | +5.8% |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 13, 2026 | |
| Benchmark | ||
| What it tracks | Russell 1000 Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.15% | 0.30% |
| Net assets | $49.1bn | $5.5bn |
| Holdings | ||
| Holdings in common | 20% | |
| Top ten holdings, share of the fund | 35.3% | 29.3% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, IWB and MAGS hold 20% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
20% in common
Only in one fund ↓
Side by side
IWB and MAGS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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%.
MAGS
MAGS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +5.8% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 29.3%. It sat 4.1% below its high of Oct 13, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, IWB or MAGS?
- In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and MAGS +5.8%.
- Which is cheaper, IWB or MAGS?
- IWB is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
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, IWB against MAGS, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-mags
ETFIQ. (Oct 28, 2026). IWB against MAGS. Retrieved from https://etfiq.com/compare/any/iwb-vs-mags
[IWB against MAGS (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iwb-vs-mags)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.