IWR vs VXF: Differences, Returns & Fees

IWR and VXF hold 34% of their weight in the same names, and IWR returned +15.1% over the year. Net assets: $57.0bn on Oct 20, 2026 for iShares Russell Mid-Cap ETF, and $30.2bn on Sep 30, 2026 for Vanguard Extended Market ETF.

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Answers cite the figures on this page.

VXF costs 0.13 points a year less; their one-year returns differ by 5.2 points; IWR is 1.8 times larger.

IWR vs VXF: Differences, Returns & Fees
IWRVXF
Expense ratio0.18%0.05%
Net assets, as of Sep 30, 2026$54.9bn$30.2bn
Total return, 1 year+15.1%+9.9%
What it tracksRussell Midcap IndexS&P Completion Index
Holdings in common34%
Top ten holdings, share of the fund6.8%11.3%
Below its high4.3%, high on Aug 14, 20267.9%, high on Aug 14, 2026

Holdings in common uses holdings dated Sep 30, 2026 and Oct 19, 2026.

+15.1%
IWR total return, 1 year
+9.9%
VXF total return, 1 year
0.18%
IWR expense ratio
0.05%
VXF expense ratio

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Client brief · page 1 of 2Report BR-81CC1EEDA6

IWR and VXF are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IWR follows Russell Midcap Index and VXF follows S&P Completion Index.
  2. Holdings in common. 34% of the weight is in the same securities (holdings dated Oct 19, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 IWR returned +15.1% and VXF +9.9% with distributions reinvested, a gap of 5.2 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, IWR and VXF hold 34% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 19, 2026.

half

34% in common

Positions both hold, largest shared weight first
Holding IWR VXF
SNOWFLAKE 0.79% 1.42%
CLOUDFLARE CLASS A 0.71% 1.35%
CHENIERE ENERGY 0.45% 0.67%
NATERA 0.41% 0.72%
ASTERA LABS 0.33% 0.67%
TWILIO CLASS A 0.28% 0.54%
REVOLUTION MEDICINES 0.26% 0.51%
ATLASSIAN CORP CLASS A 0.25% 0.35%
ROBLOX CLASS A 0.24% 0.34%
ALNYLAM PHARMACEUTICALS 0.23% 0.40%
OKTA CLASS A 0.23% 0.42%
SUNBELT RENTALS HOLDINGS INC 0.23% 0.36%
Only in IWR
MARATHON PETROLEUM 1.04%
PHILLIPS 66 0.87%
DATADOG INC CLASS A 0.64%
MODERNA 0.61%
HEWLETT PACKARD ENTERPRISE 0.55%
ROBINHOOD MARKETS CLASS A 0.55%
ROYAL CARIBBEAN GROUP 0.53%
DIGITAL REALTY TRUST REIT 0.48%
Only in VXF
Space Exploration Technologies Corp 2.50%
SLCMT1142 2.26%
Strategy Inc 0.67%
Amrize Ltd 0.23%
Twist Bioscience Corp 0.15%
10X Genomics Inc 0.13%
Moog Inc 0.13%
Glaukos Corp 0.12%

Check overlap with more funds →

On the same fields

IWR
iShares Russell Mid-Cap ETF
VXF
Vanguard Extended Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Extended Market
Total return, 1 year +15.1% +9.9%
Its benchmark over the same days +15.0% (IWV) not measured
Gap to its benchmark +0.1 pts vs IWV not measured
Expense ratio 0.18% 0.05%
Already in the S&P 500 61.6% 0.0%
Holdings 825 3361
Net assets, IWR as of Oct 20, 2026 and VXF as of Sep 30, 2026 $57.0bn $30.2bn

IWR and VXF on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IWR

IWR tracks an index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 19, 2026, 62% of the fund by weight is stocks the S&P 500 also holds, across 825 positions, with the top ten at 6.8%. It sat 4.3% below its high of Aug 14, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +15.1% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

About VXF

VXF tracks an index of Extended Market. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,361 positions, with the top ten at 11.3%. It sat 7.9% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, IWR or VXF?
In the year to Oct 20, 2026, with distributions reinvested, IWR returned +15.1% and VXF +9.9%.
Which is cheaper, IWR or VXF?
VXF is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWR and VXF overlap with the S&P 500?
By their latest filed holdings, 62% of IWR and 0% of VXF by weight is stocks the S&P 500 already holds.
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ETFIQ, IWR against VXF, data as of Oct 20, 2026. https://etfiq.com/compare/any/iwr-vs-vxf

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