IWB vs QUS: Differences, Returns & Fees

IWB and QUS hold 61% of their weight in the same names, and IWB returned +16.6% over the year. Net assets: $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF, and $1.6bn on Oct 8, 2026 for State Street SPDR MSCI USA StrategicFactors ETF.

Both cost 0.15% a year; their one-year returns differ by 1.4 points; IWB is far larger, $49.4bn against $1.6bn.

Points (pts) are percentage points.

IWBQUS
Expense ratio0.15%0.15%
Net assets, as of Oct 8, 2026$49.4bn$1.6bn
Total return, 1 year+16.6%+15.2%
What it tracksRussell 1000 IndexMSCI USA Factor Mix A-Series Capped Index ?
Holdings in common61%
Top ten holdings, share of the fund36.1%23.0%

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+16.6%
IWB total return, 1 year
+15.2%
QUS total return, 1 year
0.15%
IWB expense ratio
0.15%
QUS expense ratio

What they hold in common

By the books each fund has filed, IWB and QUS hold 61% 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 Oct 8, 2026 and Oct 9, 2026.

half

61% in common

Positions both hold, largest shared weight first
Holding IWB QUS
MICROSOFT 5.53% 3.77%
APPLE 6.77% 3.26%
NVIDIA 7.44% 2.87%
META PLATFORMS CLASS A 2.20% 2.62%
ALPHABET CLASS A 2.85% 1.32%
ELI LILLY 1.31% 2.21%
ALPHABET CLASS C 2.30% 1.17%
BERKSHIRE HATHAWAY INC CLASS B 1.34% 1.14%
JPMORGAN CHASE & CO 1.24% 1.02%
AMAZON.COM INC 3.54% 0.99%
EXXONMOBIL HOLDINGS CORP 0.97% 1.14%
VISA CLASS A 0.91% 1.98%
Only in IWB
SPACE EXPLORATION TECHNOLOGIES COR 0.14%
SPOTIFY TECHNOLOGY 0.12%
MODERNA 0.11%
NU HOLDINGS CLASS A 0.08%
ANGLOGOLD ASHANTI PLC 0.07%
SUNBELT RENTALS HOLDINGS INC 0.04%
COUPANG CLASS A 0.03%
DYNATRACE INC 0.03%
Only in QUS
WASTE CONNECTIONS INC 0.40%
TE CONNECTIVITY PLC 0.23%
MERCADOLIBRE INC 0.15%
SEAGATE TECHNOLOGY HOLDINGS 0.12%
NXP SEMICONDUCTORS NV 0.03%
AMRIZE LTD 0.02%
S+P500 EMINI FUT DEC26 0.00%
CONTRA ABIOMED INC 0.00%

Check overlap with more funds →

On the same fields

IWB
iShares Russell 1000 ETF
QUS
State Street SPDR MSCI USA StrategicFactors ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 Tracks an index
Total return, 1 year +16.6% +15.2%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −0.6 pts −2.0 pts
Expense ratio 0.15% 0.15%
Already in the S&P 500 91.7% 96.6%
Holdings 1025 514
Net assets, IWB as of Oct 9, 2026 and QUS as of Oct 8, 2026 $49.6bn $1.6bn

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

IWB in plain words

IWB tracks the Russell 1000. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested, against +17.3% for the S&P 500. 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%.

QUS in plain words

QUS tracks an index. Over the year to Oct 9, 2026 it returned +15.2% with distributions reinvested, against +17.3% for the S&P 500. By its holdings published by its issuer for Oct 8, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 514 positions, with the top ten at 23.0%.

Questions people ask

Which returned more over the last year, IWB or QUS?
In the year to Oct 9, 2026, with distributions reinvested, IWB returned +16.6% and QUS +15.2%.
Which is cheaper, IWB or QUS?
Neither: IWB and QUS both charge 0.15% a year. Fees come from each fund's prospectus.
How much do IWB and QUS overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 97% of QUS by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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