IWL vs VIG: Differences, Returns & Fees

IWL and VIG hold 40% of their weight in the same names, and IWL returned +16.8% over the year. Net assets: $2.3bn on Oct 9, 2026 for iShares Russell Top 200 ETF, and $109.1bn on Sep 30, 2026 for Vanguard Div Appreciation ETF.

VIG costs 0.11 points a year less; their one-year returns differ by 4.8 points; VIG is far larger, $109.1bn against $2.2bn.

IWL vs VIG: Differences, Returns & Fees
IWLVIG
Expense ratio0.15%0.04%
Net assets, as of Sep 30, 2026$2.2bn$109.1bn
Total return, 1 year+16.8%+12.0%
What it tracksRussell Top 200 IndexS&P U.S. Dividend Growers Index
Holdings in common40%
Top ten holdings, share of the fund44.6%33.5%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.

+16.8%
IWL total return, 1 year
+12.0%
VIG total return, 1 year
0.15%
IWL expense ratio
0.04%
VIG expense ratio

What they hold in common

By the books each fund has filed, IWL and VIG hold 40% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 9, 2026.

half

40% in common

Positions both hold, largest shared weight first
Holding IWL VIG
MICROSOFT 6.82% 4.67%
APPLE 8.35% 4.50%
BROADCOM INC 2.89% 4.34%
ELI LILLY 1.62% 3.90%
JPMORGAN CHASE & CO 1.53% 4.07%
EXXONMOBIL HOLDINGS CORP 1.19% 2.84%
VISA CLASS A 1.12% 2.50%
JOHNSON & JOHNSON 1.08% 2.73%
ABBVIE 0.84% 1.93%
WALMART 0.84% 1.96%
MASTERCARD CLASS A 0.82% 2.03%
CISCO SYSTEMS INC 0.80% 1.86%
Only in IWL
NVIDIA 9.18%
AMAZON.COM INC 4.37%
ALPHABET CLASS A 3.52%
ALPHABET CLASS C 2.84%
META PLATFORMS CLASS A 2.71%
MICRON TECHNOLOGY 1.99%
TESLA INC 1.92%
ADVANCED MICRO DEVICES 1.70%
Only in VIG
Phillips 66 0.42%
MKTLIQ 0.29%
Allstate Corp/The 0.28%
Cencora Inc 0.27%
TE Connectivity PLC 0.26%
Nucor Corp 0.24%
WW Grainger Inc 0.24%
Fastenal Co 0.24%

Check overlap with more funds →

On the same fields

IWL
iShares Russell Top 200 ETF
VIG
Vanguard Div Appreciation ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Dividend growth
Total return, 1 year +16.8% +12.0%
Expense ratio 0.15% 0.04%
Already in the S&P 500 99.2% 92.6%
Holdings 202 335
Net assets, IWL as of Oct 9, 2026 and VIG as of Sep 30, 2026 $2.3bn $109.1bn

IWL and VIG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IWL

IWL tracks an index. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 202 positions, with the top ten at 44.6%.

About VIG

VIG tracks an index of Dividend growth. Over the year to Oct 9, 2026 it returned +12.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Aug 31, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 335 positions, with the top ten at 33.5%.

Questions people ask

Which returned more over the last year, IWL or VIG?
In the year to Oct 9, 2026, with distributions reinvested, IWL returned +16.8% and VIG +12.0%.
Which is cheaper, IWL or VIG?
VIG is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWL and VIG overlap with the S&P 500?
By their latest filed holdings, 99% of IWL and 93% of VIG by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IWL against VIG, data as of Oct 9, 2026. https://etfiq.com/compare/any/iwl-vs-vig

Open data

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