IWD vs SPYV
iShares Russell 1000 Value ETF vs State Street SPDR Portfolio S&P 500 Value ETF
Last updated: 2026-04-02
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.
State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.82%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
SPYV is significantly cheaper at 0.04% vs 0.18% expense ratio, saving you approximately $277 per $10,000 invested over 10 years. IWD has edged ahead over the past year (14.4% vs 11.0%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
4 of top 9 holdings overlap (44% overlap in top holdings)
IWD Top Holdings
| Name | Weight |
|---|---|
| Berkshire Hathaway Inc.BRK.B | 2.89% |
| JPMorgan Chase & Co.JPM | 2.57% |
| Exxon Mobil CorporationXOM | 2.42% |
| Johnson & JohnsonJNJ | 1.94% |
| Amazon.com, Inc.AMZN | 1.76% |
| Walmart Inc.WMT | 1.61% |
| Alphabet Inc.GOOG | 1.54% |
| Micron Technology, Inc.MU | 1.34% |
| Chevron CorporationCVX | 1.32% |
SPYV Top Holdings
| Name | Weight |
|---|---|
| Apple Inc.AAPL | 6.90% |
| Amazon.com, Inc.AMZN | 3.54% |
| Exxon Mobil CorporationXOM | 2.63% |
| Walmart Inc.WMT | 2.02% |
| Costco Wholesale CorporationCOST | 1.64% |
| Tesla, Inc.TSLA | 1.47% |
| Chevron CorporationCVX | 1.44% |
| The Procter & Gamble CompanyPG | 1.24% |
| The Home Depot, Inc.HD | 1.21% |
| Bank of America CorporationBAC | 1.20% |
Which One Should You Choose?
Choose SPYV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose IWD if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Either works if...
you just need broad us large cap value exposure. Both are solid options — pick whichever your brokerage offers commission-free.