IWB vs QDPL: Differences, Returns & Fees

IWB and QDPL hold 86% of their weight in the same names. Net assets: $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF, and $1.8bn on Oct 2, 2026 for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF.

IWB costs 0.45 points a year less; their one-year returns differ by 0.3 points; IWB is far larger, $48.9bn against $1.8bn.

IWB vs QDPL: Differences, Returns & Fees
IWBQDPL
Expense ratio0.15%0.60%
Net assets, as of Oct 2, 2026$48.9bn$1.8bn
Total return, 1 year+16.6%+16.3%
What it tracksRussell 1000 IndexMetaurus US Large Cap Dividend Multiplier Index Series 400
Holdings in common86%
Top ten holdings, share of the fund36.1%34.2%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 9, 2026.

+16.6%
IWB total return, 1 year
+16.3%
QDPL total return, 1 year
0.15%
IWB expense ratio
0.60%
QDPL expense ratio

What they hold in common

By the books each fund has filed, IWB and QDPL hold 86% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 9, 2026.

half

86% in common

Positions both hold, largest shared weight first
Holding IWB QDPL
NVIDIA 7.44% 6.87%
APPLE 6.77% 6.41%
MICROSOFT 5.53% 4.88%
AMAZON.COM INC 3.54% 3.75%
ALPHABET CLASS A 2.85% 2.95%
BROADCOM INC 2.34% 2.60%
ALPHABET CLASS C 2.30% 2.38%
META PLATFORMS CLASS A 2.20% 1.73%
BERKSHIRE HATHAWAY INC CLASS B 1.34% 1.32%
MICRON TECHNOLOGY 1.61% 1.31%
ELI LILLY 1.31% 1.28%
JPMORGAN CHASE & CO 1.24% 1.33%
Only in IWB
SNOWFLAKE 0.17%
CLOUDFLARE CLASS A 0.16%
SPACE EXPLORATION TECHNOLOGIES COR 0.14%
SPOTIFY TECHNOLOGY 0.12%
BLOOM ENERGY CLASS A 0.11%
CHENIERE ENERGY 0.08%
NATERA 0.08%
NU HOLDINGS CLASS A 0.08%
Only in QDPL
US TREASURY N/B 0.88%
US TREASURY N/B 0.85%
US TREASURY N/B 0.83%
US TREASURY N/B 0.82%
US TREASURY N/B 0.82%
US TREASURY N/B 0.82%
US TREASURY N/B 0.81%
US TREASURY N/B 0.81%

Check overlap with more funds →

On the same fields

IWB
iShares Russell 1000 ETF
QDPL
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
Where it sits Stock ETF Stock ETF
Issuer iShares Pacer
What it is Tracks the Russell 1000 Tracks an index
Total return, 1 year +16.6% +16.3%
Its benchmark over the same days +16.8% (VONE) not published
Gap to its benchmark −0.1 pts vs VONE not available
Expense ratio 0.15% 0.60%
Already in the S&P 500 91.7% 89.9%
Holdings 1025 513
Net assets, IWB as of Oct 9, 2026 and QDPL as of Oct 2, 2026 $49.6bn $1.8bn

IWB and QDPL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IWB

IWB tracks the Russell 1000. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested, against +16.8% 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 9, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 36.1%.

About QDPL

QDPL tracks an index. Over the year to Oct 9, 2026 it returned +16.3% with distributions reinvested. The prospectus expense ratio is 0.60% a year. By its holdings filed for Jul 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 513 positions, with the top ten at 34.2%.

Questions people ask

Which returned more over the last year, IWB or QDPL?
In the year to Oct 9, 2026, with distributions reinvested, IWB returned +16.6% and QDPL +16.3%.
Which is cheaper, IWB or QDPL?
IWB is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWB and QDPL overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 90% of QDPL by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IWB against QDPL, data as of Oct 9, 2026. https://etfiq.com/compare/any/iwb-vs-qdpl

Open data

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