Data as of Oct 28, 2026.

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IWB vs VOOG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to VOOG's +12.1%; 61% 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 $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF.

At a glance
+13.1%
IWB total return, 1 year
+12.1%
VOOG total return, 1 year
0.15%
IWB expense ratio
0.05%
VOOG expense ratio

Pair scorecard

VOOG costs 0.10 points a year less; their one-year returns differ by 1.0 point; IWB is 1.7 times larger.

IWB vs VOOG: Differences, Returns & Fees
MeasureIWBVOOG
Return
Total return, 1 year+13.1%+12.1%
Drawdown
Below its high4.1%, high on Oct 6, 2026
Benchmark
What it tracksRussell 1000 IndexS&P 500 Growth Index
Cost and size
Expense ratio0.15%0.05%
Net assets, as of Sep 30, 2026$48.6bn$27.8bn
Holdings
Holdings in common61%
Top ten holdings, share of the fund35.3%60.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
IWB VOOG
Return
Total return edge VOOG +770.4% +1,043.0%
Annualized edge VOOG +14.3% +16.3%
Price return edge VOOG +565.6% +845.5%
Risk
Volatility edge IWB (slight) 16.2% 17.5%
Max drawdown edge VOOG (slight) −32.7% −32.0%
Downside capture 100.1% 99.7%
Beta 1.00 1.00
Risk-adjusted
Sharpe edge VOOG (slight) 0.81 0.86
Sortino edge VOOG (slight) 1.18 1.28
Treynor 0.130 0.151
Calmar edge VOOG 0.44 0.51
Against the benchmark
Alpha 0.0% a year +0.1% a year
Alpha t-stat −0.09 0.33
Information ratio −0.03 0.06
Tracking error 1.0% 0.9%

Each against its own benchmark: IWB against VONE, Oct 1, 2010 to Oct 23, 2026; VOOG against IVW, Sep 17, 2010 to Oct 23, 2026.

Reading

VOOG returned more: +1,043.0% to +770.4%. IWB swung slightly less: 16.2% to 17.5%. VOOG fell slightly less at its worst: −32.0% to −32.7%.

Full scorecard

19 measures, with how each is measured
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Risk and return: IWB vs VOOG: Differences, Returns & Fees
MeasureIWBVOOGEdgeHow it is measured
Return
Total return+770.4%+1,043.0%VOOGPrice change plus distributions, reinvested.
Annualized+14.3%+16.3%VOOGTotal return as a yearly rate.
Price return+565.6%+845.5%VOOGPrice change alone, distributions left out.
Risk
Volatility16.2%17.5%IWB (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation11.1%11.7%IWB (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.7%−32.0%VOOG (slight)Deepest fall from a high to the low after it.
Upside capture100.1%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.1%99.7%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
Sharpe0.810.86VOOG (slight)Return above Treasury bills per unit of volatility.
Sortino1.181.28VOOG (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1300.151Return above Treasury bills per unit of beta.
Calmar0.440.51VOOGAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkVONEIVWThe 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−0.090.33Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +0.5%−0.4% to +0.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.030.06Return against its benchmark per unit of tracking error.
Tracking error1.0%0.9%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

61%

By the books each fund has filed, IWB and VOOG hold 61% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

61% in common

Positions both hold · largest shared weight first IWB VOOG
NVIDIA 7.15% 15.01%
APPLE 7.06% 6.60%
MICROSOFT 5.56% 10.34%
AMAZON.COM INC 3.46% 3.52%
ALPHABET CLASS A 2.63% 5.48%
BROADCOM INC 2.24% 4.54%
ALPHABET CLASS C 2.12% 4.39%
META PLATFORMS CLASS A 1.92% 4.34%
TESLA INC 1.68% 1.68%
MICRON TECHNOLOGY 1.47% 3.27%
ELI LILLY 1.44% 2.51%
BERKSHIRE HATHAWAY INC CLASS B 1.42% 2.52%
Only in one fund ↓
Only in IWB
EXXONMOBIL HOLDINGS CORP 1.04%
WALMART 0.74%
COSTCO WHOLESALE CORP 0.62%
CHEVRON 0.60%
INTEL CORPORATION 0.60%
PROCTER & GAMBLE 0.52%
UNITEDHEALTH GROUP 0.52%
MERCK & CO INC 0.49%
Only in VOOG
Seagate Technology Holdings PLC 0.36%
TE Connectivity PLC 0.12%
MKTLIQ 0.04%
ABIOMED INC-CVR 0.00%
SLCMT1142 0.00%
Check overlap with more funds →

Side by side

IWB iShares Russell 1000 ETF VOOG Vanguard S&P 500 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 Tracks the S&P 500 Growth
Total return, 1 year +13.1% +12.1%
Its benchmark over the same days +13.2% (VONE) +12.1% (IVW)
Gap to its benchmark −0.1 pts vs VONE 0.0 pts vs IVW
Expense ratio 0.15% 0.05%
Already in the S&P 500 91.7% 99.8%
Holdings 1025 154
Net assets, IWB as of Oct 28, 2026 and VOOG as of Sep 30, 2026 $49.1bn $27.8bn

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

Client brief · page 1 of 2 Report BR-454FDB84D4

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

  1. What each follows. IWB follows Russell 1000 Index and VOOG follows S&P 500 Growth Index.
  2. Number of holdings. IWB holds 1,025 positions and VOOG holds 154.
  3. Cost. IWB charges 0.15% of assets a year and VOOG 0.05%, a gap of 0.10 points.

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%.

VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWB or VOOG?
In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and VOOG +12.1%.
Which is cheaper, IWB or VOOG?
VOOG is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWB and VOOG overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, IWB against VOOG, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-voog

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