Data as of Oct 28, 2026.

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IWO vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWO returned +7.9% to XOP's +62.5%; 1% 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 $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
+7.9%
IWO total return, 1 year
+62.5%
XOP total return, 1 year
0.24%
IWO expense ratio
0.35%
XOP expense ratio

Pair scorecard

IWO costs 0.11 points a year less; their one-year returns differ by 54.6 points; IWO is 3.0 times larger.

IWO vs XOP: Differences, Returns & Fees
MeasureIWOXOP
Return
Total return, 1 year+7.9%+62.5%
Drawdown
Below its high9.9%, high on Aug 14, 202624.8%, high on Jun 23, 2014
Benchmark
What it tracksRussell 2000 Growth IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.24%0.35%
Net assets, as of Oct 27, 2026$14.0bn$4.6bn
Holdings
Holdings in common1%
In the S&P 500, by weight0%
Top ten holdings, share of the fund6.4%

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

What they share

1%

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

0 half 100%

half

1% in common

Positions both hold · largest shared weight first IWO XOP
MAGNOLIA OIL GAS CORP CLASS A 0.42% 2.44%
DELEK US HOLDINGS INC 0.29% 2.40%
CALUMET 0.17% 1.65%
GULFPORT ENERGY 0.14% 1.88%
CVR ENERGY INC 0.12% 1.08%
PAR PACIFIC HOLDINGS 0.08% 2.31%
REX AMERICAN RESOURCES 0.07% 0.31%
BKV 0.04% 0.58%
SABLE OFFSHORE CLASS A 0.03% 0.37%
SM ENERGY 0.03% 2.65%
WORLD KINECT 0.02% 1.37%
COMSTOCK RESOURCES 0.01% 0.84%
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 XOP
RANGE RESOURCES CORP 3.48%
APA CORP 2.92%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
EOG RESOURCES INC 2.82%
EXXONMOBIL HOLDINGS CORP 2.82%
MARATHON PETROLEUM CORP 2.81%
CONOCOPHILLIPS 2.79%
Check overlap with more funds →

Side by side

IWO iShares Russell 2000 Growth ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 2000 Growth Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year +7.9% +62.5%
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% 0.35%
Holdings 1122 52
Net assets, as of Oct 27, 2026 $14.0bn $4.6bn

IWO and XOP 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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IWO or XOP?
In the year to Oct 28, 2026, with distributions reinvested, IWO returned +7.9% and XOP +62.5%.
Which is cheaper, IWO or XOP?
IWO 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.
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ETFIQ, IWO against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwo-vs-xop

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