Data as of Oct 28, 2026.

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IYW vs VOE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYW returned +23.2% to VOE's +22.8%; 2% 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 $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.

At a glance
+23.2%
IYW total return, 1 year
+22.8%
VOE total return, 1 year
0.37%
IYW expense ratio
0.05%
VOE expense ratio

Pair scorecard

VOE costs 0.32 points a year less; their one-year returns differ by 0.4 points; IYW is 1.2 times larger.

IYW vs VOE: Differences, Returns & Fees
MeasureIYWVOE
Return
Total return, 1 year+23.2%+22.8%
Drawdown
Below its high5.5%, high on Oct 6, 2026
Benchmark
What it tracksRussell 1000 Technology RIC 22Morningstar US Mid Cap Value Index
Cost and size
Expense ratio0.37%0.05%
Net assets, as of Sep 30, 2026$26.5bn$22.8bn
Holdings
Holdings in common2%
Top ten holdings, share of the fund65.1%14.0%

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

What they share

2%

By the books each fund has filed, IYW and VOE hold 2% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IYW VOE
HEWLETT PACKARD ENTERPRISE 0.40% 1.37%
STRATEGY INC CLASS A 0.25% 0.95%
NETAPP INC 0.22% 0.70%
ROPER TECHNOLOGIES 0.21% 0.59%
COGNIZANT TECHNOLOGY SOLUTIONS CLA 0.15% 0.44%
HP INC 0.15% 0.48%
ON SEMICONDUCTOR CORP 0.15% 0.25%
ZOOM COMMUNICATIONS CLASS A 0.13% 0.41%
QNITY ELECTRONICS 0.12% 0.11%
Only in one fund ↓
Only in IYW
NVIDIA 16.81%
APPLE 16.60%
MICROSOFT 13.07%
BROADCOM INC 3.14%
ADVANCED MICRO DEVICES 3.04%
META PLATFORMS CLASS A 3.02%
MICRON TECHNOLOGY 2.73%
ALPHABET CLASS A 2.38%
Only in VOE
Valero Energy Corp 1.90%
Marathon Petroleum Corp 1.89%
Phillips 66 1.73%
Warner Bros Discovery Inc 1.25%
SLB Ltd 1.23%
Target Corp 1.21%
Cummins Inc 1.21%
General Motors Co 1.15%
Check overlap with more funds →

Side by side

IYW iShares U.S. Technology ETF VOE Vanguard Morningstar Mid-Cap Value ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Technology Tracks an index of Mid-Cap Value
Total return, 1 year +23.2% +22.8%
Its benchmark over the same days +13.1% (IWB) not measured
Gap to its benchmark +10.1 pts vs IWB not measured
Expense ratio 0.37% 0.05%
Already in the S&P 500 94.3% 96.0%
Holdings 150 169
Net assets, IYW as of Oct 27, 2026 and VOE as of Sep 30, 2026 $25.0bn $22.8bn

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

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About each fund
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.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Which returned more over the last year, IYW or VOE?
In the year to Oct 28, 2026, with distributions reinvested, IYW returned +23.2% and VOE +22.8%.
Which is cheaper, IYW or VOE?
VOE is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYW and VOE overlap with the S&P 500?
By their latest filed holdings, 94% of IYW and 96% of VOE by weight is stocks the S&P 500 already holds.
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ETFIQ, IYW against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyw-vs-voe

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