What is the expense ratio of IWF vs VONG?

IWF has an expense ratio of 0.18%, while VONG has an expense ratio of 0.06%.

IWF vs VONG

iShares Russell 1000 Growth ETF vs Vanguard Russell 1000 Growth Index Fund ETF Shares

Last updated: 2026-04-10

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

VONG Vanguard

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.06%. The fund offers a modest dividend yield of 0.48%. Launched in 2010, the fund has a 16-year track record.

AUM: $39.1B ER: 0.06% Yield: 0.48% Since: Sep 20, 2010

Quick Verdict

VONG is significantly cheaper at 0.06% vs 0.18% expense ratio, saving you approximately $237 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (29.9% vs 29.8%), tracking closely.

Key Metrics

Metric	IWF	VONG
Expense Ratio	0.18%	0.06%
Dividend Yield	0.4%	0.5%
Fund Family	iShares	Vanguard
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

IWF +73.8%

VONG +74.0%

Performance Comparison

Period	IWF	VONG	Difference
1 Month	-1.05%	-1.12%	+0.07%
3 Months	-6.42%	-6.47%	+0.05%
6 Months	-4.69%	-4.74%	+0.05%
YTD	-5.33%	-5.41%	+0.08%
1 Year	+29.88%	+29.84%	+0.04%
3 Years	+84.44%	+84.47%	-0.03%
5 Years	+73.81%	+74.03%	-0.22%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IWF Fees	VONG Fees	You Save
$10,000	10 years	$357	$120	$237
$10,000	20 years	$1,529	$515	$1,014
$10,000	30 years	$4,912	$1,664	$3,248
$50,000	10 years	$1,786	$598	$1,187
$50,000	30 years	$24,558	$8,318	$16,240
$100,000	30 years	$49,116	$16,637	$32,479

Risk Metrics

Based on 5 years of daily returns

Metric	IWF	VONG
Annualized Volatility	21.4%	21.4%
Max Drawdown	-33.1%	-33.2%
Sharpe Ratio	0.42	0.42

Dividend Comparison

Metric	IWF	VONG
Annual Dividend (per share)	$1.69	$0.56
Dividend Yield	0.38%	0.48%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

9 of top 9 holdings overlap (100% overlap in top holdings)

IWF Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.99%
Apple Inc.AAPL	11.43%
Microsoft CorporationMSFT	8.59%
Broadcom Inc.AVGO	5.22%
Amazon.com, Inc.AMZN	4.76%
Meta Platforms, Inc.META	3.56%
Tesla, Inc.TSLA	3.15%
Alphabet Inc.GOOG	3.03%
Eli Lilly and CompanyLLY	2.65%

VONG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.18%
Apple Inc.AAPL	11.35%
Microsoft CorporationMSFT	8.64%
Broadcom Inc.AVGO	4.59%
Amazon.com, Inc.AMZN	4.33%
Meta Platforms, Inc.META	3.76%
Tesla, Inc.TSLA	3.58%
Eli Lilly and CompanyLLY	2.94%
Alphabet Inc.GOOG	2.92%

Which One Should You Choose?

Choose VONG if...

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

Either works if...

you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.

Related Comparisons

AGG vs IWF BND vs IWF BNDX vs IWF EFA vs IWF GLD vs IWF IAU vs IWF IEFA vs IWF IEMG vs IWF