ETF Versus

IWD vs RPV

iShares Russell 1000 Value ETF vs Invesco S&P 500 Pure Value ETF

Last updated: 2026-04-02

IWD iShares

iShares Russell 1000 Value ETF (IWD) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a moderate expense ratio of 0.18%. The fund offers a moderate dividend yield of 1.67%. Launched in 2000, the fund has a 26-year track record.

AUM: $68.2B ER: 0.18% Yield: 1.67% Since: May 22, 2000
RPV

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.42%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.42% Since: Mar 1, 2006

Quick Verdict

IWD is significantly cheaper at 0.18% vs 0.35% expense ratio, saving you approximately $332 per $10,000 invested over 10 years. RPV has edged ahead over the past year (16.2% vs 14.4%). Income investors may prefer RPV for its higher yield (2.4% vs 1.7%).

Key Metrics

Metric IWD RPV
Expense Ratio 0.18% 0.35%
Dividend Yield 1.7% 2.4%
Fund Family iShares N/A
Category US Large Cap Value US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 99 113 127 141 155 2021-04 2022-06 2023-09 2024-12 2026-04
IWD +39.4%
RPV +42.8%

Performance Comparison

Period IWD RPV Difference
1 Month -4.53% -4.52% -0.01%
3 Months +1.29% +2.52% -1.23%
6 Months +4.87% +6.68% -1.81%
YTD +1.29% +2.52% -1.23%
1 Year +14.39% +16.21% -1.82%
3 Years +40.40% +41.05% -0.65%
5 Years +39.38% +42.82% -3.44%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWD Fees RPV Fees You Save
$10.000 10 years $357 $690 $332
$10.000 20 years $1.529 $2.930 $1.400
$10.000 30 years $4.912 $9.337 $4.425
$50.000 10 years $1.786 $3.448 $1.662
$50.000 30 years $24.558 $46.685 $22.127
$100.000 30 years $49.116 $93.370 $44.254

Risk Metrics

Based on 5 years of daily returns

Metric IWD RPV
Annualized Volatility 14.9% 18.1%
Max Drawdown -20.3% -24.1%
Sharpe Ratio 0.22 0.24

Dividend Comparison

Metric IWD RPV
Annual Dividend (per share) $3.58 $2.59
Dividend Yield 1.67% 2.42%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

IWD Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B2.89%
JPMorgan Chase & Co.JPM2.57%
Exxon Mobil CorporationXOM2.42%
Johnson & JohnsonJNJ1.94%
Amazon.com, Inc.AMZN1.76%
Walmart Inc.WMT1.61%
Alphabet Inc.GOOG1.54%
Micron Technology, Inc.MU1.34%
Chevron CorporationCVX1.32%

RPV Top Holdings

NameWeight
Dow Inc.DOW2.88%
Bunge Global SABG2.74%
LyondellBasell Industries N.V.LYB2.30%
Archer-Daniels-Midland CompanyADM2.19%
The Mosaic CompanyMOS1.95%
Tyson Foods, Inc.TSN1.95%
Ford Motor CompanyF1.70%
General Motors CompanyGM1.70%
The Cigna GroupCI1.64%
Target CorporationTGT1.60%

Which One Should You Choose?

Choose IWD if...

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

Choose RPV if...

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

Either works if...

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

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