Data as of Oct 28, 2026.
IYW vs VGT: Differences, Returns & Fees
Over the year to Oct 28, 2026, IYW returned +23.2% to VGT's +24.7%; 83% of their weight is in the same names.
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Net assets: $25.0bn on Oct 27, 2026 for iShares U.S. Technology ETF, and $154.5bn on Sep 30, 2026 for Vanguard Information Tech ETF.
Pair scorecard
VGT costs 0.28 points a year less; their one-year returns differ by 1.5 points; VGT is 5.8 times larger.
| Measure | IYW | VGT |
|---|---|---|
| Return | ||
| Total return, 1 year | +23.2% | +24.7% |
| Drawdown | ||
| Below its high | 5.5%, high on Oct 6, 2026 | 4.8%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | Russell 1000 Technology RIC 22 | MSCI US Investable Market Index (IMI)/Information Technology 25/50 |
| Cost and size | ||
| Expense ratio | 0.37% | 0.09% |
| Net assets, as of Sep 30, 2026 | $26.5bn | $154.5bn |
| Holdings | ||
| Holdings in common | 83% | |
| Top ten holdings, share of the fund | 65.1% | 63.6% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Feb 6, 2004 to Oct 23, 2026 · 1,185 weekly returnsEach against its own benchmark: IYW against IWB, May 26, 2000 to Oct 23, 2026; VGT against FTEC, Nov 1, 2013 to Oct 23, 2026.
VGT returned slightly more: +2,280.1% to +2,204.9%. IYW and VGT swung about the same: 21.4% and 21.2%. IYW and VGT fell about the same at their worst: −52.3% and −52.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IYW | VGT | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +2,204.9% | +2,280.1% | VGT (slight) | Price change plus distributions, reinvested. |
| Annualized | +14.8% | +14.9% | Tie | Total return as a yearly rate. |
| Price return | +1,887.4% | +1,863.7% | Tie | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.4% | 21.2% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.5% | 14.4% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −52.3% | −52.4% | Tie | Deepest fall from a high to the low after it. |
| Upside capture | 146.1% | 100.0% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 116.0% | 99.9% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.19 | 1.00 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.70 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.67 | 0.68 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.98 | 0.99 | Tie | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.088 | 0.201 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.28 | 0.28 | Tie | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | IWB | FTEC | The ETF each fund is measured against. | |
| Alpha | +0.9% a year | +0.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.32 | 0.80 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −4.4% to +6.1% | −0.2% to +0.5% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.17 | 0.19 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 14.2% | 0.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,185 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IYW and VGT hold 83% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
83% in common
Only in one fund ↓
Side by side
IYW and VGT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IYW and VGT are built for the same job. How do they differ in cost, holdings and results?
- What each follows. IYW follows Russell 1000 Technology RIC 22 and VGT follows MSCI US Investable Market Index (IMI)/Information Technology 25/50.
- Cost. IYW charges 0.37% of assets a year and VGT 0.09%, a gap of 0.28 points.
- Size. IYW has $26.5bn in net assets and VGT $154.5bn (net assets, as of Sep 30, 2026); VGT is 5.8 times larger.
Data as of Oct 28, 2026.
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IYW
IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 65.1%. It sat 5.5% below its high of Oct 6, 2026 on Oct 28, 2026.
VGT
VGT tracks an index of Information technology. Over the year to Oct 28, 2026 it returned +24.7% with distributions reinvested, against +25.0% for its benchmark, the MSCI US Investable Market Index (IMI)/Information Technology 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 320 positions, with the top ten at 63.6%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, IYW or VGT?
- In the year to Oct 28, 2026, with distributions reinvested, IYW returned +23.2% and VGT +24.7%.
- Which is cheaper, IYW or VGT?
- VGT is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, IYW against VGT, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyw-vs-vgt
ETFIQ. (Oct 28, 2026). IYW against VGT. Retrieved from https://etfiq.com/compare/any/iyw-vs-vgt
[IYW against VGT (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iyw-vs-vgt)
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