ETF Versus

IWF vs VYM

iShares Russell 1000 Growth ETF vs Vanguard High Dividend Yield Index Fund ETF Shares

Last updated: 2026-04-02

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
VYM Vanguard

Vanguard High Dividend Yield Index Fund ETF Shares (VYM) is an exchange-traded fund issued by Vanguard that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 2.37%. Launched in 2006, the fund has a 20-year track record.

AUM: $71.3B ER: 0.04% Yield: 2.37% Since: Nov 10, 2006

Quick Verdict

VYM is significantly cheaper at 0.04% vs 0.18% expense ratio, saving you approximately $277 per $10,000 invested over 10 years. IWF has edged ahead over the past year (18.2% vs 15.0%). Income investors may prefer VYM for its higher yield (2.4% vs 0.4%).

Key Metrics

Metric IWF VYM
Expense Ratio 0.18% 0.04%
Dividend Yield 0.4% 2.4%
Fund Family iShares Vanguard
Category US Large Cap Growth US Dividend

Performance Chart

Indexed to 100 at start (5-year comparison)

80 103 126 149 172 195 2021-04 2022-06 2023-09 2024-12 2026-04
IWF +71.3%
VYM +44.6%

Performance Comparison

Period IWF VYM Difference
1 Month -4.73% -4.59% -0.14%
3 Months -8.83% +2.20% -11.03%
6 Months -8.48% +4.52% -13.00%
YTD -8.83% +2.20% -11.03%
1 Year +18.20% +14.98% +3.22%
3 Years +75.80% +39.18% +36.62%
5 Years +71.26% +44.55% +26.71%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWF Fees VYM Fees You Save
$10.000 10 years $357 $80 $277
$10.000 20 years $1.529 $344 $1.185
$10.000 30 years $4.912 $1.112 $3.800
$50.000 10 years $1.786 $399 $1.387
$50.000 30 years $24.558 $5.560 $18.998
$100.000 30 years $49.116 $11.121 $37.995

Risk Metrics

Based on 5 years of daily returns

Metric IWF VYM
Annualized Volatility 21.4% 14.0%
Max Drawdown -33.1% -17.5%
Sharpe Ratio 0.40 0.28

Dividend Comparison

Metric IWF VYM
Annual Dividend (per share) $1.69 $3.51
Dividend Yield 0.39% 2.37%
Distribution Frequency Quarterly Quarterly

Top Holdings

1 of top 9 holdings overlap (11% overlap in top holdings)

IWF Top Holdings

NameWeight
NVIDIA CorporationNVDA12.82%
Apple Inc.AAPL11.79%
Microsoft CorporationMSFT8.78%
Broadcom Inc.AVGO4.81%
Amazon.com, Inc.AMZN4.61%
Tesla, Inc.TSLA3.57%
Meta Platforms, Inc.META3.28%
Alphabet Inc.GOOG2.83%
Eli Lilly and CompanyLLY2.62%

VYM Top Holdings

NameWeight
Broadcom Inc.AVGO6.48%
JPMorgan Chase & Co.JPM3.36%
Exxon Mobil CorporationXOM2.83%
Johnson & JohnsonJNJ2.63%
Walmart Inc.WMT2.44%
AbbVie Inc.ABBV1.81%
The Procter & Gamble CompanyPG1.72%
The Home Depot, Inc.HD1.66%
Chevron CorporationCVX1.54%
Caterpillar Inc.CAT1.51%

Which One Should You Choose?

Choose VYM if...

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

Choose IWF if...

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

Choose VYM if...

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

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