What is the expense ratio of IVV vs IWF?

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

IVV vs IWF

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

Last updated: 2026-04-02

IVV iShares

iShares Core S&P 500 ETF (IVV) is an exchange-traded fund issued by iShares 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 1.23%. Launched in 2000, the fund has a 26-year track record.

AUM: $702.1B ER: 0.03% Yield: 1.23% Since: May 15, 2000

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 0.39%. Launched in 2000, the fund has a 26-year track record.

AUM: $108.0B ER: 0.18% Yield: 0.39% Since: May 22, 2000

Quick Verdict

IVV is significantly cheaper at 0.03% vs 0.18% expense ratio, saving you approximately $297 per $10,000 invested over 10 years. IWF has edged ahead over the past year (18.2% vs 16.7%). Income investors may prefer IVV for its higher yield (1.2% vs 0.4%).

Key Metrics

Metric	IVV	IWF
Expense Ratio	0.03%	0.18%
Dividend Yield	1.2%	0.4%
Fund Family	iShares	iShares
Category	US Large Cap Blend	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

IVV +61.3%

IWF +71.3%

Performance Comparison

Period	IVV	IWF	Difference
1 Month	-4.55%	-4.73%	+0.18%
3 Months	-4.10%	-8.83%	+4.73%
6 Months	-2.14%	-8.48%	+6.34%
YTD	-4.10%	-8.83%	+4.73%
1 Year	+16.72%	+18.20%	-1.48%
3 Years	+59.51%	+75.80%	-16.29%
5 Years	+61.35%	+71.26%	-9.91%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IVV Fees	IWF Fees	You Save
$10.000	10 years	$60	$357	$297
$10.000	20 years	$258	$1.529	$1.271
$10.000	30 years	$835	$4.912	$4.076
$50.000	10 years	$299	$1.786	$1.486
$50.000	30 years	$4.176	$24.558	$20.382
$100.000	30 years	$8.352	$49.116	$40.764

Risk Metrics

Based on 5 years of daily returns

Metric	IVV	IWF
Annualized Volatility	16.9%	21.4%
Max Drawdown	-25.4%	-33.1%
Sharpe Ratio	0.39	0.40

Dividend Comparison

Metric	IVV	IWF
Annual Dividend (per share)	$8.06	$1.69
Dividend Yield	1.22%	0.39%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

8 of top 9 holdings overlap (89% overlap in top holdings)

IVV Top Holdings

Name	Weight
NVIDIA CorporationNVDA	7.45%
Apple Inc.AAPL	6.68%
Microsoft CorporationMSFT	4.85%
Amazon.com, Inc.AMZN	3.56%
Broadcom Inc.AVGO	2.61%
Alphabet Inc.GOOG	2.34%
Meta Platforms, Inc.META	2.10%
Tesla, Inc.TSLA	1.86%
Berkshire Hathaway Inc.BRK.B	1.57%

IWF Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.82%
Apple Inc.AAPL	11.79%
Microsoft CorporationMSFT	8.78%
Broadcom Inc.AVGO	4.81%
Amazon.com, Inc.AMZN	4.61%
Tesla, Inc.TSLA	3.57%
Meta Platforms, Inc.META	3.28%
Alphabet Inc.GOOG	2.83%
Eli Lilly and CompanyLLY	2.62%

Which One Should You Choose?

Choose IVV if...

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

Choose IVV if...

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

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