Which returned more over the last year, IWO or PFF?

In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and PFF −4.2%.

Which is cheaper, IWO or PFF?

IWO is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IWO and PFF overlap with the S&P 500?

By their latest filed holdings, 0% of IWO and 0% of PFF by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IWO vs PFF: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, IWO returned +7.9% to PFF's −4.2%; 1% of their weight is in the same names.

askIQ about this page

askIQ about IWO and PFF

Net assets on Oct 27, 2026: $14.0bn for iShares Russell 2000 Growth ETF and $11.8bn for iShares Preferred and Income Securities ETF.

IWO on its own →PFF on its own →

At a glance

+7.9%

IWO total return, 1 year

−4.2%

PFF total return, 1 year

0.24%

IWO expense ratio

0.45%

PFF expense ratio

Pair scorecard

IWO costs 0.21 points a year less; their one-year returns differ by 12.1 points; IWO is 1.2 times larger.

IWO vs PFF: Differences, Returns & Fees
Measure	IWO	PFF
Return
Measure	IWO	PFF
Total return, 1 year	+7.9%	−4.2%
Drawdown
Measure	IWO	PFF
Below its high	9.9%, high on Aug 14, 2026	7.1%, high on May 8, 2026
Benchmark
Measure	IWO	PFF
What it tracks	Russell 2000 Growth Index	ICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Measure	IWO	PFF
Expense ratio	0.24%	0.45%
Net assets, as of Oct 27, 2026	$14.0bn	$11.8bn
Holdings
Measure	IWO	PFF
Holdings in common	1%
Top ten holdings, share of the fund	6.4%	22.7%

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

What they share

By the books each fund has filed, IWO and PFF hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first IWO PFF

BRIGHTSPRING HEALTH SERVICES INC 0.66% 0.78%

BANK OF HAWAII 0.14% 0.09%

VALLEY NATIONAL 0.12% 0.08%

OLD NATIONAL BANCORP 0.07% 0.06%

LIBERTY LATIN AMERICA CLASS C 0.05% 0.20%

SUNSTONE HOTEL INVESTORS REIT INC 0.10% 0.05%

UMB FINANCIAL 0.05% 0.16%

LIVE OAK BANCSHARES 0.04% 0.05%

TEXAS CAPITAL BANCSHARES 0.04% 0.11%

ATLANTICUS HOLDINGS CORP 0.03% 0.09%

CONNECTONE BANCORP 0.03% 0.06%

MERCHANTS BANCORP 0.03% 0.11%

Only in one fund ↓

Only in IWO

JFROG 0.74%

TWIST BIOSCIENCE 0.71%

GLAUKOS 0.70%

MOOG INC CLASS A 0.68%

10X GENOMICS CLASS A 0.61%

RYMAN HOSPITALITY PROPERTIES REIT 0.60%

INTERDIGITAL INC 0.58%

PROTAGONIST THERAPEUTICS 0.58%

Only in PFF

STRATEGY INC 3.53%

BOEING CO 3.11%

HEWLETT PACKARD ENTERPRISE CONV PR 2.36%

ALPHABET INC 2.31%

SUPER MICRO COMPUTER INC 2.27%

ALPHABET INC 2.26%

WELLS FARGO & COMPANY SERIES L 2.14%

ORACLE CORPORATION 2.06%

Check overlap with more funds →

Side by side

IWO iShares Russell 2000 Growth ETF PFF iShares Preferred and Income Securities ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the Russell 2000 Growth Tracks an index of Preferred and Income Securities

Total return, 1 year +7.9% −4.2%

Its benchmark over the same days +8.0% (VTWG) +13.6% (MLRG)

Gap to its benchmark −0.1 pts vs VTWG −17.8 pts vs MLRG

Expense ratio 0.24% 0.45%

Already in the S&P 500 0.0% 0.0%

Holdings 1122 453

Net assets, as of Oct 27, 2026 $14.0bn $11.8bn

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

Alert

About each fund

IWO

IWO tracks the Russell 2000 Growth. Over the year to Oct 28, 2026 it returned +7.9% with distributions reinvested, against +8.0% for its benchmark, the Russell 2000 Growth Index. The prospectus expense ratio is 0.24% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,122 positions, with the top ten at 6.4%. It sat 9.9% below its high of Aug 14, 2026 on Oct 28, 2026.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWO or PFF?: In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and PFF −4.2%.
Which is cheaper, IWO or PFF?: IWO is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWO and PFF overlap with the S&P 500?: By their latest filed holdings, 0% of IWO and 0% of PFF by weight is stocks the S&P 500 already holds.

Other comparisons

IWO vs SPSB EMB vs IWO IWO vs VGLT IWO vs TIP PFF vs VBK MOAT vs PFF ONEQ vs PFF MDY vs PFF

Where to next

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

Sources and dates

IWO and PFF filings on SEC EDGAR ↗

IWO and PFF prospectus with the expense ratio (SEC) ↗

iShares page for IWO ↗

iShares page for PFF ↗

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, IWO against PFF, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwo-vs-pff

Open data →

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