Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IWD vs PFF: how they differ
IWD and PFF hold 7% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 Value ETF and iShares Preferred and Income Securities ETF.
What they hold in common
By the books each fund has filed, IWD and PFF hold 7% of their money in the same securities at the same weight.
| Holding | IWD | PFF |
|---|---|---|
| AT&T | 0.47% | 0.41% |
| CITIGROUP | 0.54% | 0.37% |
| JPMORGAN CHASE & CO | 2.54% | 0.32% |
| WELLS FARGO | 0.74% | 0.28% |
| NEXTERA ENERGY | 0.46% | 0.26% |
| BANK OF NEW YORK MELLON CORP | 0.28% | 0.24% |
| DUKE ENERGY CORP | 0.25% | 0.21% |
| HEWLETT PACKARD ENTERPRISE | 0.20% | 2.06% |
| CHARLES SCHWAB | 0.44% | 0.19% |
| MORGAN STANLEY | 0.64% | 0.18% |
| BOEING | 0.15% | 3.54% |
| FORD MOTOR CO | 0.15% | 0.24% |
| Only in IWD | Only in PFF |
|---|---|
| AMAZON.COM INC 6.04% | ORACLE CORPORATION 2.31% |
| APPLE 5.83% | ALPHABET INC 2.24% |
| MICROSOFT 4.93% | MICROCHIP TECHNOLOGY INCORPORATED 0.89% |
| BERKSHIRE HATHAWAY INC CLASS B 2.54% | BRIGHTSPRING HEALTH SERVICES UNITS 0.74% |
| EXXONMOBIL HOLDINGS CORP 1.85% | NEXTERA ENERGY UNITS 0.70% |
| JOHNSON & JOHNSON 1.73% | ARES MANAGEMENT CORP 0.61% |
| INTEL CORPORATION 1.23% | STRIVE INC 0.38% |
| CISCO SYSTEMS INC 1.14% | NOVANTA TANGIBLE EQUITY UNITS 0.37% |
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 | PFF iShares Preferred and Income Securities ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Russell 1000 value | Preferred and Income Securities |
| Total return, 1 year | +27.4% | −0.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.9 pts | −18.3 pts |
| Expense ratio | 0.18% | 0.45% |
| Already in the S&P 500 | 90.2% | 21.6% |
| Holdings | 814 | 461 |
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%.
PFF in plain words
PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Sep 10, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 461 positions, with the top ten at 23.1%. It sat 3.2% below its high of May 8, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWD or PFF?
- In the year to Sep 13, 2026, with distributions reinvested, IWD returned +27.4% and PFF returned −0.8%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWD or PFF?
- IWD charges 0.18% a year and PFF charges 0.45%, so IWD is cheaper. Fees come from each fund's prospectus.
- How much do IWD and PFF overlap with the S&P 500?
- By their latest filed holdings, 90% of IWD and 22% of PFF by weight is stocks the S&P 500 already holds. Between the two funds, 7% of their books are the same securities at the same weight.
Other comparisons
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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 PFF, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwd-vs-pff Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources