IWY vs VOOG: Differences, Returns & Fees

IWY and VOOG hold 76% of their weight in the same names, and VOOG returned +15.8% over the year. Net assets: $15.8bn on Oct 20, 2026 for iShares Russell Top 200 Growth ETF, and $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF.

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Answers cite the figures on this page.

VOOG costs 0.15 points a year less; their one-year returns differ by 11.1 points; VOOG is 1.7 times larger.

IWY vs VOOG: Differences, Returns & Fees
IWYVOOG
Expense ratio0.20%0.05%
Net assets, as of Sep 30, 2026$16.4bn$27.8bn
Total return, 1 year+4.7%+15.8%
What it tracksRussell Top 200 Growth IndexS&P 500 Growth Index
Holdings in common76%
Top ten holdings, share of the fund60.9%60.2%
Below its high5.2%, high on Oct 6, 20264.2%, high on Oct 6, 2026

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

+4.7%
IWY total return, 1 year
+15.8%
VOOG total return, 1 year
0.20%
IWY expense ratio
0.05%
VOOG expense ratio

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Client brief · page 1 of 2Report BR-EB008DB843

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

  1. What each follows. IWY follows Russell Top 200 Growth Index and VOOG follows S&P 500 Growth Index.
  2. One-year total return. Over 1 year to Oct 20, 2026 IWY returned +4.7% and VOOG +15.8% with distributions reinvested, a gap of 11.1 points.
  3. Cost. IWY charges 0.20% of assets a year and VOOG 0.05%, a gap of 0.15 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, IWY and VOOG hold 76% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 19, 2026.

half

76% in common

Positions both hold, largest shared weight first
Holding IWY VOOG
NVIDIA 15.02% 15.01%
APPLE 8.32% 6.60%
MICROSOFT 6.34% 10.34%
ALPHABET CLASS A 6.07% 5.48%
BROADCOM INC 5.08% 4.54%
ALPHABET CLASS C 4.89% 4.39%
META PLATFORMS CLASS A 4.35% 4.34%
MICRON TECHNOLOGY 3.54% 3.27%
ADVANCED MICRO DEVICES 3.10% 2.71%
ELI LILLY 3.55% 2.51%
TESLA INC 3.78% 1.68%
PALANTIR TECHNOLOGIES CLASS A 1.58% 1.17%
Only in IWY
TEXAS INSTRUMENT 0.92%
HOME DEPOT 0.84%
COSTCO WHOLESALE CORP 0.71%
WESTERN DIGITAL CORP 0.44%
LOCKHEED MARTIN CORP 0.41%
MCKESSON CORP 0.41%
SPACE EXPLORATION TECHNOLOGIES COR 0.30%
SPOTIFY TECHNOLOGY 0.30%
Only in VOOG
Berkshire Hathaway Inc 2.52%
JPMorgan Chase & Co 1.62%
Johnson & Johnson 1.02%
RTX Corp 0.68%
Cisco Systems Inc 0.61%
Philip Morris International Inc 0.45%
Welltower Inc 0.45%
Goldman Sachs Group Inc 0.43%

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On the same fields

IWY
iShares Russell Top 200 Growth ETF
VOOG
Vanguard S&P 500 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the S&P 500 Growth
Total return, 1 year +4.7% +15.8%
Its benchmark over the same days +15.0% (IWV) +15.7% (IVW)
Gap to its benchmark −10.4 pts vs IWV +0.1 pts vs IVW
Expense ratio 0.20% 0.05%
Already in the S&P 500 98.8% 99.8%
Holdings 102 154
Net assets, IWY as of Oct 20, 2026 and VOOG as of Sep 30, 2026 $15.8bn $27.8bn

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

About IWY

IWY tracks an index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 19, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 60.9%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

About VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 20, 2026 it returned +15.8% with distributions reinvested, against +15.7% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.2% below its high of Oct 6, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, IWY or VOOG?
In the year to Oct 20, 2026, with distributions reinvested, IWY returned +4.7% and VOOG +15.8%.
Which is cheaper, IWY or VOOG?
VOOG is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWY and VOOG overlap with the S&P 500?
By their latest filed holdings, 99% of IWY and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, IWY against VOOG, data as of Oct 20, 2026. https://etfiq.com/compare/any/iwy-vs-voog

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