ETF Versus

IAU vs IWF

iShares Gold Trust vs iShares Russell 1000 Growth ETF

Last updated: 2026-04-10

IAU iShares

iShares Gold Trust (IAU) is an exchange-traded fund issued by iShares that provides exposure to gold securities. It charges a moderate expense ratio of 0.25%. Launched in 2005, the fund has a 21-year track record.

AUM: $73.9B ER: 0.25% Yield: N/A Since: Jan 21, 2005
IWF iShares

iShares Russell 1000 Growth ETF (IWF) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.38%. Launched in 2000, the fund has a 26-year track record.

AUM: $116.5B ER: 0.18% Yield: 0.38% Since: May 22, 2000

Quick Verdict

IWF has a slightly lower expense ratio (0.18% vs 0.25%), saving about $137 per $10,000 over 10 years. Over the past year, IAU has significantly outperformed with a 50.0% return vs 29.9%.

Key Metrics

Metric IAU IWF
Expense Ratio 0.25% 0.18%
Dividend Yield N/A 0.4%
Fund Family iShares iShares
Category Gold US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 126 172 218 264 310 2021-04 2022-07 2023-10 2025-01 2026-04
IAU +171.9%
IWF +73.8%

Performance Comparison

Period IAU IWF Difference
1 Month -8.01% -1.05% -6.96%
3 Months +3.75% -6.42% +10.17%
6 Months +15.89% -4.69% +20.58%
YTD +10.02% -5.33% +15.35%
1 Year +50.03% +29.88% +20.15%
3 Years +136.21% +84.44% +51.77%
5 Years +171.92% +73.81% +98.11%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IAU Fees IWF Fees You Save
$10,000 10 years $495 $357 $137
$10,000 20 years $2,111 $1,529 $582
$10,000 30 years $6,758 $4,912 $1,847
$50,000 10 years $2,473 $1,786 $687
$50,000 30 years $33,792 $24,558 $9,234
$100,000 30 years $67,584 $49,116 $18,468

Risk Metrics

Based on 5 years of daily returns

Metric IAU IWF
Annualized Volatility 17.7% 21.4%
Max Drawdown -20.9% -33.1%
Sharpe Ratio 0.97 0.42

Dividend Comparison

Metric IAU IWF
Annual Dividend (per share) $0.00 $1.69
Dividend Yield 0.00% 0.38%
Distribution Frequency None Quarterly

Top Holdings

IWF Top Holdings

NameWeight
NVIDIA CorporationNVDA12.99%
Apple Inc.AAPL11.43%
Microsoft CorporationMSFT8.59%
Broadcom Inc.AVGO5.22%
Amazon.com, Inc.AMZN4.76%
Meta Platforms, Inc.META3.56%
Tesla, Inc.TSLA3.15%
Alphabet Inc.GOOG3.03%
Eli Lilly and CompanyLLY2.65%

Which One Should You Choose?

Choose IWF if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IAU if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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