ETF Versus

IAU vs IWF

iShares Gold Trust vs iShares Russell 1000 Growth ETF

Last updated: 2026-04-02

IAU iShares

iShares Gold Trust (IAU) is an exchange-traded fund issued by iShares that provides exposure to gold securities. It charges a moderate expense ratio of 0.25%. Launched in 2005, the fund has a 21-year track record.

AUM: $68.7B ER: 0.25% Yield: 0.00% Since: Jan 21, 2005
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

IWF has a slightly lower expense ratio (0.18% vs 0.25%), saving about $137 per $10,000 over 10 years. Over the past year, IAU has significantly outperformed with a 52.4% return vs 18.2%.

Key Metrics

Metric IAU IWF
Expense Ratio 0.25% 0.18%
Dividend Yield 0.0% 0.4%
Fund Family iShares iShares
Category Gold US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 124 168 212 256 300 2021-04 2022-06 2023-09 2024-12 2026-04
IAU +172.6%
IWF +71.3%

Performance Comparison

Period IAU IWF Difference
1 Month -10.66% -4.73% -5.93%
3 Months +9.96% -8.83% +18.79%
6 Months +22.48% -8.48% +30.96%
YTD +9.96% -8.83% +18.79%
1 Year +52.36% +18.20% +34.16%
3 Years +138.19% +75.80% +62.39%
5 Years +172.58% +71.26% +101.32%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IAU Fees IWF Fees You Save
$10.000 10 years $495 $357 $137
$10.000 20 years $2.111 $1.529 $582
$10.000 30 years $6.758 $4.912 $1.847
$50.000 10 years $2.473 $1.786 $687
$50.000 30 years $33.792 $24.558 $9.234
$100.000 30 years $67.584 $49.116 $18.468

Risk Metrics

Based on 5 years of daily returns

Metric IAU IWF
Annualized Volatility 17.7% 21.4%
Max Drawdown -20.9% -33.1%
Sharpe Ratio 0.97 0.40

Dividend Comparison

Metric IAU IWF
Annual Dividend (per share) $0.00 $1.69
Dividend Yield 0.00% 0.39%
Distribution Frequency None Quarterly

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%

Which One Should You Choose?

Choose IWF if...

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

Choose IAU if...

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

Choose IWF if...

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

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