IWD vs VTI
iShares Russell 1000 Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, IWD or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. IWD led over 1Y and 5Y, VTI over 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IWD is less concentrated, with 28.6% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IWD | VTI |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $83.6B | $666.9B |
| Dividend Yield | 1.36% | 1.03% |
| Holdings | 874 | 3,543 |
| YTD Return | +19.62%Best | +11.06% |
| 1Y Return | +26.59%Best | +15.41% |
| 3Y Return (annualized) | +19.03% | +20.48%Best |
| 5Y Return (annualized) | +11.58%Best | +11.52% |
| Volatility (annualized) | 15.2%Best | 15.3% |
| Max Drawdown | -61.9% | -56.6%Best |
| $10,000 over 5 years | $17,295Best | $17,249 |
| Top 10 Weight | 28.6%Best | 33.3% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | May 22, 2000 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: May 31, 2001 to Sep 16, 2026 (25.3 years).
IWD vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 25.3 years both funds cover.
IWD vs VTI Performance
iShares Russell 1000 Value ETF (IWD) is an ETF from iShares by BlackRock (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year IWD returned +26.59% while VTI returned +15.41%. Year to date, IWD is up 19.62% versus a gain of 11.06% for VTI.
Over three years, IWD compounded at +19.03% per year against +20.48% for VTI; over five years the annualized figures are +11.58% and +11.52% respectively. Across the full 25-year window we track, VTI has the edge at +7.99% annualized vs +6.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.2% for IWD. 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 -61.9% for IWD and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
IWD charges 0.18% per year while VTI charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, IWD currently yields 1.36% against 1.03% for VTI.
Holdings Overlap
97.1% of IWD's money is in holdings VTI also owns. 61.1% of VTI's money is in holdings IWD also owns.
Most of IWD is already inside VTI. Owning both mostly buys the same companies twice.
725 positions in common, counted across the 757 positions we hold weights for in IWD and 3,463 in VTI, against full books of 874 and 3,543.
What only one of them owns
Our book lists 476 positions for VTI that do not appear in our book for IWD (36.7% of the fund), and 10 for IWD that do not appear in VTI (0.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IWD | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.57% | 6.29% | 0.72% |
| MSFTMicrosoft Corp | 5.00% | 4.79% | 0.21% |
| AMZNAmazon.Com Inc | 6.13% | 3.65% | 2.48% |
| JPMJpmorgan Chase | 2.53% | 1.31% | 1.22% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.49% | 1.28% | 1.21% |
| XOMExxon Mobil Corp. | 1.78% | 0.89% | 0.89% |
| JNJJohnson & Johnson - Common | 1.70% | 0.86% | 0.84% |
| METAMeta Platforms Inc | 0.61% | 1.70% | 1.09% |
| WMTWalmart, Inc. | 1.12% | 0.68% | 0.44% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.16% | 0.57% | 0.59% |
97.1% of IWD is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IWD or VTI?
IWD has an expense ratio of 0.18% while VTI charges 0.03%. VTI is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IWD or VTI?
Over the past year IWD returned +26.59% vs +15.41% for VTI, so IWD leads on 1-year performance. Over the longest common window we track (25 years), IWD annualized +6.26% vs +7.99% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWD or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 15.2% for IWD. Worst drawdown: IWD -61.9% vs VTI -56.6%.
Should I hold both IWD and VTI?
IWD and VTI have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IWD and VTI?
97.1% of IWD's money is in holdings VTI also owns. 61.1% of VTI's is in holdings IWD also owns. They hold 725 positions in common, counted across the 757 positions we hold weights for in IWD and 3,463 in VTI.
Which pays a higher dividend, IWD or VTI?
IWD yields 1.36% while VTI yields 1.03%, so IWD currently pays the higher dividend yield.
Is VTI better than IWD?
VTI has a lower expense ratio. IWD led over 1Y and 5Y, VTI over 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IWD is less concentrated, with 28.6% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.