IWF vs IWY: Differences, Returns & Fees

IWF and IWY hold 90% of their weight in the same names, and IWY returned +4.7% over the year. Net assets on Oct 20, 2026: $125.0bn for iShares Russell 1000 Growth ETF and $15.8bn for iShares Russell Top 200 Growth ETF.

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IWF costs 0.02 points a year less; their one-year returns differ by 0.7 points; IWF is 7.9 times larger.

IWF vs IWY: Differences, Returns & Fees
IWFIWY
Expense ratio0.18%0.20%
Net assets$125.0bn$15.8bn
Total return, 1 year+4.0%+4.7%
What it tracksRussell 1000 Growth IndexRussell Top 200 Growth Index
Holdings in common90%
Top ten holdings, share of the fund57.8%60.9%
Below its high5.2%, high on Oct 6, 2026

Holdings in common uses holdings dated Oct 19, 2026.

+4.0%
IWF total return, 1 year
+4.7%
IWY total return, 1 year
0.18%
IWF expense ratio
0.20%
IWY expense ratio

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Client brief · page 1 of 2Report BR-5FE369B065

IWF and IWY are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IWF follows Russell 1000 Growth Index and IWY follows Russell Top 200 Growth Index.
  2. Number of holdings. IWF holds 373 positions and IWY holds 102.
  3. Size. IWF has $125.0bn in net assets and IWY $15.8bn (Net assets); IWF is 7.9 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, IWF and IWY hold 90% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.

half

90% in common

Positions both hold, largest shared weight first
Holding IWF IWY
NVIDIA 15.20% 15.02%
APPLE 8.06% 8.32%
ALPHABET CLASS A 6.02% 6.07%
MICROSOFT 5.95% 6.34%
ALPHABET CLASS C 4.86% 4.89%
BROADCOM INC 4.67% 5.08%
META PLATFORMS CLASS A 3.81% 4.35%
TESLA INC 3.23% 3.78%
MICRON TECHNOLOGY 3.06% 3.54%
ELI LILLY 2.97% 3.55%
ADVANCED MICRO DEVICES 2.63% 3.10%
VISA CLASS A 2.05% 2.51%
Only in IWF
SNOWFLAKE 0.32%
CLOUDFLARE CLASS A 0.29%
DATADOG INC CLASS A 0.26%
MARATHON PETROLEUM 0.21%
CENCORA 0.19%
LUMENTUM HOLDINGS 0.19%
SIMON PROPERTY GROUP REIT INC 0.19%
TARGA RESOURCES 0.19%
Only in IWY

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On the same fields

IWF
iShares Russell 1000 Growth ETF
IWY
iShares Russell Top 200 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 growth Tracks an index
Total return, 1 year +4.0% +4.7%
Its benchmark over the same days +4.1% (VONG) +15.0% (IWV)
Gap to its benchmark −0.2 pts vs VONG −10.4 pts vs IWV
Expense ratio 0.18% 0.20%
Already in the S&P 500 93.5% 98.8%
Holdings 373 102
Net assets $125.0bn $15.8bn

IWF and IWY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 20, 2026 it returned +4.0% with distributions reinvested, against +4.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 19, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 373 positions, with the top ten at 57.8%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

About IWY

IWY tracks an index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 19, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 60.9%.

Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, IWF or IWY?
In the year to Oct 20, 2026, with distributions reinvested, IWF returned +4.0% and IWY +4.7%.
Which is cheaper, IWF or IWY?
IWF is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWF and IWY overlap with the S&P 500?
By their latest filed holdings, 94% of IWF and 99% of IWY by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IWF against IWY, data as of Oct 20, 2026. https://etfiq.com/compare/any/iwf-vs-iwy

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