Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IWD vs IWM: how they differ
IWD and IWM hold 0% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 Value ETF and iShares Russell 2000 ETF.
What they hold in common
By the books each fund has filed, IWD and IWM hold 0% of their money in the same securities at the same weight.
| Holding | IWD | IWM |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.13% | 0.29% |
| USD CASH | 0.12% | 0.17% |
| CASH COLLATERAL MSFUT USD | 0.02% | 0.04% |
| Only in IWD | Only in IWM |
|---|---|
| AMAZON.COM INC 6.04% | MOOG INC CLASS A 0.34% |
| APPLE 5.83% | UMB FINANCIAL 0.34% |
| MICROSOFT 4.93% | CYTOKINETICS 0.32% |
| BERKSHIRE HATHAWAY INC CLASS B 2.54% | GLAUKOS 0.32% |
| JPMORGAN CHASE & CO 2.54% | JFROG 0.32% |
| EXXONMOBIL HOLDINGS CORP 1.85% | BRIGHTSPRING HEALTH SERVICES INC 0.31% |
| JOHNSON & JOHNSON 1.73% | BRINKER INTERNATIONAL INC 0.31% |
| INTEL CORPORATION 1.23% | FIRSTCASH HOLDINGS INC 0.31% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| IWD iShares Russell 1000 Value ETF | IWM iShares Russell 2000 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Russell 1000 value | Russell 2000 |
| Total return, 1 year | +27.4% | +21.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.9 pts | +3.7 pts |
| Expense ratio | 0.18% | 0.19% |
| Already in the S&P 500 | 90.2% | 0.0% |
| Holdings | 814 | 1749 |
IWD in plain words
IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 814 positions, with the top ten at 29.0%.
IWM in plain words
IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1749 positions, with the top ten at 3.2%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWD or IWM?
- In the year to Sep 13, 2026, with distributions reinvested, IWD returned +27.4% and IWM returned +21.2%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWD or IWM?
- IWD charges 0.18% a year and IWM charges 0.19%, so IWD is cheaper. Fees come from each fund's prospectus.
- How much do IWD and IWM overlap with the S&P 500?
- By their latest filed holdings, 90% of IWD and 0% of IWM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IWD against IWM, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwd-vs-iwm Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources