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

In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and SHV +3.6%.

Which is cheaper, IWO or SHV?

SHV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IWO vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWO returned +7.9% to SHV's +3.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $14.0bn for iShares Russell 2000 Growth ETF and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

IWO on its own →SHV on its own →

At a glance

+7.9%

IWO total return, 1 year

+3.6%

SHV total return, 1 year

0.24%

IWO expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 0.09 points a year less; their one-year returns differ by 4.3 points; SHV is 1.6 times larger.

IWO vs SHV: Differences, Returns & Fees
Measure	IWO	SHV
Return
Measure	IWO	SHV
Total return, 1 year	+7.9%	+3.6%
Drawdown
Measure	IWO	SHV
Below its high	9.9%, high on Aug 14, 2026
Benchmark
Measure	IWO	SHV
What it tracks	Russell 2000 Growth Index	ICE Short US Treasury Securities Index
Cost and size
Measure	IWO	SHV
Expense ratio	0.24%	0.15%
Net assets, as of Oct 27, 2026	$14.0bn	$21.7bn
Holdings
Measure	IWO	SHV
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	6.4%

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

What they share

By the books each fund has filed, IWO and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWO SHV

Only in one fund ↓

Only in IWO

JFROG 0.74%

TWIST BIOSCIENCE 0.71%

GLAUKOS 0.70%

MOOG INC CLASS A 0.68%

BRIGHTSPRING HEALTH SERVICES INC 0.66%

10X GENOMICS CLASS A 0.61%

RYMAN HOSPITALITY PROPERTIES REIT 0.60%

INTERDIGITAL INC 0.58%

Only in SHV

TREASURY BILL 4.98%

TREASURY BILL 4.17%

TREASURY BILL 3.90%

TREASURY BILL 3.72%

TREASURY BILL 3.58%

TREASURY BILL 3.48%

TREASURY BILL 3.35%

TREASURY BILL 3.31%

Check overlap with more funds →

Side by side

IWO iShares Russell 2000 Growth ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the Russell 2000 Growth Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +7.9% +3.6%

Its benchmark over the same days +8.0% (VTWG) not measured

Gap to its benchmark −0.1 pts vs VTWG not measured

Expense ratio 0.24% 0.15%

Holdings 1122 66

Net assets, as of Oct 27, 2026 $14.0bn $21.7bn

IWO and SHV 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.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, IWO or SHV?: In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and SHV +3.6%.
Which is cheaper, IWO or SHV?: SHV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IWO vs SGOV IWO vs PULS IWO vs USFR IWO vs MINT SHV vs VBK MOAT vs SHV ONEQ vs SHV MDY vs SHV

Where to next

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

Sources and dates

IWO and SHV filings on SEC EDGAR ↗

IWO prospectus with the expense ratio (SEC) ↗

iShares page for IWO ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

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 SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwo-vs-shv

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