IVV vs IWF

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVIWFWinner
Expense Ratio0.03%0.18%
AUM$865.2B$120.5B
Dividend Yield1.09%0.35%
Holdings508372
YTD Return+13.80%+5.83%
1Y Return+23.70%+13.10%
3Y Return (annualized)+21.49%+22.28%
5Y Return (annualized)+13.43%+12.66%
Volatility (annualized)15.1%17.4%
Max Drawdown-56.5%-66.8%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionMay 15, 2000May 22, 2000

IVV vs IWF Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Russell 1000 Growth ETF (IWF) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +23.70% while IWF returned +13.10%. Year to date, IVV is up 13.80% versus a gain of 5.83% for IWF.

Over three years, IVV compounded at +21.49% per year against +22.28% for IWF; over five years the annualized figures are +13.43% and +12.66% respectively. Across the full 26-year window we track, IWF has the edge at +7.46% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IWF has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -56.5% for IVV and -66.8% for IWF. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while IWF charges 0.18%. On a $10,000 position that is $3 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.35% for IWF.

Holdings Overlap

56.1%overlap

IVV and IWF share 175 holdings out of 699 unique holdings combined, representing a 56.1% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in IVVWeight in IWFDifference
NVDA7.76%13.66%5.90%
AAPL7.44%7.33%0.11%
GOOGL3.15%6.39%3.24%
MSFTProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
MUProProPro
AMZNProProPro
See all 10 holdings IVV shares with IWF
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or IWF?

IVV has an expense ratio of 0.03% while IWF charges 0.18%. IVV is the cheaper option. On a $10,000 investment, that is $15 per year of difference.

Which performed better, IVV or IWF?

Over the past year IVV returned +23.70% vs +13.10% for IWF, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.05% vs +7.46% for IWF. Past performance does not guarantee future results.

Which is riskier, IVV or IWF?

IWF has been the more volatile fund at 17.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs IWF -66.8%.

Should I hold both IVV and IWF?

IVV and IWF have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between IVV and IWF?

IVV and IWF share 175 common holdings with a 56.1% weight overlap. Combined, they hold 699 unique securities.

Which pays a higher dividend, IVV or IWF?

IVV yields 1.09% while IWF yields 0.35%, so IVV currently pays the higher dividend yield.

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