IWN vs VOO
iShares Russell 2000 Value ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. IWN delivered stronger 1-year returns. IWN offers more diversification with 1,408 holdings.
Side-by-Side Comparison
| Metric | IWN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.03% | |
| AUM | $14.7B | $997.4B | |
| Dividend Yield | 1.44% | 1.08% | |
| Holdings | 1,408 | 509 | |
| YTD Return | +23.72% | +12.68% | |
| 1Y Return | +37.44% | +21.87% | |
| 3Y Return (annualized) | +19.15% | +22.06% | |
| 5Y Return (annualized) | +9.13% | +12.95% | |
| Volatility (annualized) | 19.6% | 14.1% | |
| Max Drawdown | -62.9% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 24, 2000 | Sep 7, 2010 |
IWN vs VOO Performance
iShares Russell 2000 Value ETF (IWN) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IWN returned +37.44% while VOO returned +21.87%. Year to date, IWN is up 23.72% versus a gain of 12.68% for VOO.
Over three years, IWN compounded at +19.15% per year against +22.06% for VOO; over five years the annualized figures are +9.13% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.47% annualized vs +7.92%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWN has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 14.1% for VOO. 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 -62.9% for IWN and -34.3% for VOO. 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IWN charges 0.24% per year while VOO charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, IWN currently yields 1.44% against 1.08% for VOO.
Holdings Overlap
IWN and VOO share 0 holdings out of 1739 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IWN or VOO?
IWN has an expense ratio of 0.24% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, IWN or VOO?
Over the past year IWN returned +37.44% vs +21.87% for VOO, so IWN leads on 1-year performance. Over the longest common window we track (16 years), IWN annualized +7.92% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, IWN or VOO?
IWN has been the more volatile fund at 19.6% annualized versus 14.1% for VOO. Worst drawdown: IWN -62.9% vs VOO -34.3%.
Should I hold both IWN and VOO?
IWN and VOO have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IWN and VOO?
IWN and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1739 unique securities.
Which pays a higher dividend, IWN or VOO?
IWN yields 1.44% while VOO yields 1.08%, so IWN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.