IWD vs VTV

Quick Verdict

VTV has a lower expense ratio. IWD delivered stronger 1-year returns. IWD offers more diversification with 753 holdings.

Lower Fees: VTVHigher Returns: IWDMore Diversified: IWD

Side-by-Side Comparison

MetricIWDVTVWinner
Expense Ratio0.18%0.03%
AUM$81.3B$186.1B
Dividend Yield1.44%2.29%
Holdings874311
YTD Return+22.58%+17.93%
1Y Return+34.53%+29.32%
3Y Return (annualized)+19.33%+18.35%
5Y Return (annualized)+11.91%+12.43%
Volatility (annualized)15.1%14.5%
Max Drawdown-61.9%-61.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 22, 2000Jan 26, 2004

IWD vs VTV Performance

iShares Russell 1000 Value ETF (IWD) is a ETF from iShares by BlackRock (US) and Vanguard Value ETF (VTV) is a ETF from Vanguard (US). Over the past year IWD returned +34.53% while VTV returned +29.32%. Year to date, IWD is up 22.58% versus a gain of 17.93% for VTV.

Over three years, IWD compounded at +19.33% per year against +18.35% for VTV; over five years the annualized figures are +11.91% and +12.43% respectively. Across the full 23-year window we track, VTV has the edge at +7.60% annualized vs +6.46%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IWD has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.5% for VTV. 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 -61.3% for VTV. 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 0.99. 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 VTV 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 1.44% against 2.29% for VTV.

Holdings Overlap

60.6%overlap

IWD and VTV share 283 holdings out of 778 unique holdings combined, representing a 60.6% weight overlap.

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

Top Shared Holdings

StockWeight in IWDWeight in VTVDifference
JPM:US2.48%3.06%0.58%
JNJ1.72%2.29%0.57%
XOM1.56%2.12%0.56%
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Frequently Asked Questions

Which is cheaper, IWD or VTV?

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

Which performed better, IWD or VTV?

Over the past year IWD returned +34.53% vs +29.32% for VTV, so IWD leads on 1-year performance. Over the longest common window we track (23 years), IWD annualized +6.46% vs +7.60% for VTV. Past performance does not guarantee future results.

Which is riskier, IWD or VTV?

IWD has been the more volatile fund at 15.1% annualized versus 14.5% for VTV. Worst drawdown: IWD -61.9% vs VTV -61.3%.

Should I hold both IWD and VTV?

IWD and VTV have a monthly-return correlation of 0.99, 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 IWD and VTV?

IWD and VTV share 283 common holdings with a 60.6% weight overlap. Combined, they hold 778 unique securities.

Which pays a higher dividend, IWD or VTV?

IWD yields 1.44% while VTV yields 2.29%, so VTV currently pays the higher dividend yield.

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