Data as of Oct 28, 2026.

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IWO vs VUG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWO returned +7.9% to VUG's +6.6%; 0% of their weight is in the same names.

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Net assets: $14.0bn on Oct 27, 2026 for iShares Russell 2000 Growth ETF, and $232.9bn on Sep 30, 2026 for Vanguard Morningstar Growth ETF.

At a glance
+7.9%
IWO total return, 1 year
+6.6%
VUG total return, 1 year
0.24%
IWO expense ratio
0.03%
VUG expense ratio

Pair scorecard

VUG costs 0.21 points a year less; their one-year returns differ by 1.3 points; VUG is 16.5 times larger.

IWO vs VUG: Differences, Returns & Fees
MeasureIWOVUG
Return
Total return, 1 year+7.9%+6.6%
Drawdown
Below its high9.9%, high on Aug 14, 20264.1%, high on Oct 6, 2026
Benchmark
What it tracksRussell 2000 Growth IndexMorningstar US Large Cap Growth Index
Cost and size
Expense ratio0.24%0.03%
Net assets, as of Sep 30, 2026$14.1bn$232.9bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund6.4%63.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, IWO and VUG hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWO VUG
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 VUG
NVIDIA Corp 13.49%
Apple Inc 12.51%
Microsoft Corp 9.74%
Alphabet Inc 5.16%
Broadcom Inc 4.34%
Amazon.com Inc 4.26%
Meta Platforms Inc 4.23%
Alphabet Inc 4.09%
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Side by side

IWO iShares Russell 2000 Growth ETF VUG Vanguard Morningstar Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 2000 Growth Tracks an index of US growth
Total return, 1 year +7.9% +6.6%
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% 0.03%
Already in the S&P 500 0.0% 97.3%
Holdings 1122 137
Net assets, IWO as of Oct 27, 2026 and VUG as of Sep 30, 2026 $14.0bn $232.9bn

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

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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.

VUG

VUG tracks an index of US growth. Over the year to Oct 28, 2026 it returned +6.6% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 137 positions, with the top ten at 63.1%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWO or VUG?
In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and VUG +6.6%.
Which is cheaper, IWO or VUG?
VUG 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 VUG overlap with the S&P 500?
By their latest filed holdings, 0% of IWO and 97% of VUG by weight is stocks the S&P 500 already holds.
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ETFIQ, IWO against VUG, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwo-vs-vug

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