What is the expense ratio of IWF vs VOO?

IWF has an expense ratio of 0.18%, while VOO has an expense ratio of 0.03%.

IWF vs VOO

iShares Russell 1000 Growth ETF vs Vanguard S&P 500 ETF

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

VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.14%. Launched in 2010, the fund has a 16-year track record.

AUM: $858.3B ER: 0.03% Yield: 1.14% Since: Sep 7, 2010

Quick Verdict

VOO is significantly cheaper at 0.03% vs 0.18% expense ratio, saving you approximately $297 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (29.9% vs 29.7%), tracking closely. Income investors may prefer VOO for its higher yield (1.1% vs 0.4%).

Key Metrics

Metric	IWF	VOO
Expense Ratio	0.18%	0.03%
Dividend Yield	0.4%	1.1%
Fund Family	iShares	Vanguard
Category	US Large Cap Growth	US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

IWF +73.8%

VOO +65.2%

Performance Comparison

Period	IWF	VOO	Difference
1 Month	-1.05%	+0.48%	-1.53%
3 Months	-6.42%	-2.24%	-4.18%
6 Months	-4.69%	+2.53%	-7.22%
YTD	-5.33%	-0.52%	-4.81%
1 Year	+29.88%	+29.66%	+0.22%
3 Years	+84.44%	+66.05%	+18.39%
5 Years	+73.81%	+65.17%	+8.64%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IWF Fees	VOO Fees	You Save
$10,000	10 years	$357	$60	$297
$10,000	20 years	$1,529	$258	$1,271
$10,000	30 years	$4,912	$835	$4,076
$50,000	10 years	$1,786	$299	$1,486
$50,000	30 years	$24,558	$4,176	$20,382
$100,000	30 years	$49,116	$8,352	$40,764

Risk Metrics

Based on 5 years of daily returns

Metric	IWF	VOO
Annualized Volatility	21.4%	16.8%
Max Drawdown	-33.1%	-25.4%
Sharpe Ratio	0.42	0.42

Dividend Comparison

Metric	IWF	VOO
Annual Dividend (per share)	$1.69	$7.13
Dividend Yield	0.38%	1.14%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

8 of top 9 holdings overlap (89% 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%

VOO Top Holdings

Name	Weight
NVIDIA CorporationNVDA	7.31%
Apple Inc.AAPL	6.63%
Microsoft CorporationMSFT	4.96%
Amazon.com, Inc.AMZN	3.47%
Broadcom Inc.AVGO	2.56%
Alphabet Inc.GOOG	2.46%
Meta Platforms, Inc.META	2.40%
Tesla, Inc.TSLA	1.92%
Berkshire Hathaway Inc.BRK.B	1.57%

Which One Should You Choose?

Choose VOO if...

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

Choose VOO if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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