Which returned more over the last year, IWB or VTEB?

In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and VTEB −0.4%.

Which is cheaper, IWB or VTEB?

VTEB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IWB vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to VTEB's −0.4%; 0% 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 $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

IWB on its own →VTEB on its own →

At a glance

+13.1%

IWB total return, 1 year

−0.4%

VTEB total return, 1 year

0.15%

IWB expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.12 points a year less; their one-year returns differ by 13.5 points.

IWB vs VTEB: Differences, Returns & Fees
Measure	IWB	VTEB
Return
Measure	IWB	VTEB
Total return, 1 year	+13.1%	−0.4%
Benchmark
Measure	IWB	VTEB
What it tracks	Russell 1000 Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	IWB	VTEB
Expense ratio	0.15%	0.03%
Net assets, as of Sep 30, 2026	$48.6bn	$49.6bn
Holdings
Measure	IWB	VTEB
Holdings in common	0%
In the S&P 500, by weight	92%
Top ten holdings, share of the fund	35.3%

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

What they share

By the books each fund has filed, IWB and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWB VTEB

Only in one fund ↓

Only in IWB

NVIDIA 7.15%

APPLE 7.06%

MICROSOFT 5.56%

AMAZON.COM INC 3.46%

ALPHABET CLASS A 2.63%

BROADCOM INC 2.24%

ALPHABET CLASS C 2.12%

META PLATFORMS CLASS A 1.92%

Only in VTEB

Vanguard Municipal Low Duration Fund 0.69%

State of California 0.15%

State of California 0.14%

New York State Dormitory Authority 0.13%

State of Illinois 0.12%

Ohio State University 0.12%

City of New York NY 0.10%

State of Wisconsin 0.10%

Check overlap with more funds →

Side by side

IWB iShares Russell 1000 ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares Vanguard

What it is Tracks the Russell 1000 Tracks an index of Tax-Exempt Bond

Total return, 1 year +13.1% −0.4%

Its benchmark over the same days +13.2% (VONE) not measured

Gap to its benchmark −0.1 pts vs VONE not measured

Expense ratio 0.15% 0.03%

Holdings 1025 11155

Net assets, IWB as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $49.1bn $49.6bn

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

Alert

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%.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, IWB or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and VTEB −0.4%.
Which is cheaper, IWB or VTEB?: VTEB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IWB vs MUB HYMB vs IWB IWB vs VGIT IWB vs VCIT RDVY vs VTEB USMV vs VTEB AVUS vs VTEB QUAL vs VTEB

Where to next

IWB on its own →VTEB on its own →Hold both: look the portfolio through →Rankings →IWB dividend history →IWB holdings →VTEB dividend history →VTEB holdings →Standards and sources →

Sources and dates

IWB filings on SEC EDGAR ↗

IWB prospectus with the expense ratio (SEC) ↗

iShares page for IWB ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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 VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-vteb

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