ETF Versus

IWF vs VONG

iShares Russell 1000 Growth ETF vs Vanguard Russell 1000 Growth 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

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.06%. The fund offers a modest dividend yield of 0.50%. Launched in 2010, the fund has a 16-year track record.

AUM: $35.8B ER: 0.06% Yield: 0.50% Since: Sep 20, 2010

Quick Verdict

VONG is significantly cheaper at 0.06% vs 0.18% expense ratio, saving you approximately $237 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (18.2% vs 18.1%), tracking closely.

Key Metrics

Metric IWF VONG
Expense Ratio 0.18% 0.06%
Dividend Yield 0.4% 0.5%
Fund Family iShares N/A
Category US Large Cap Growth US Large Cap Growth

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%
VONG +71.4%

Performance Comparison

Period IWF VONG Difference
1 Month -4.73% -4.74% +0.01%
3 Months -8.83% -8.85% +0.02%
6 Months -8.48% -8.46% -0.02%
YTD -8.83% -8.85% +0.02%
1 Year +18.20% +18.14% +0.06%
3 Years +75.80% +75.87% -0.07%
5 Years +71.26% +71.39% -0.13%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWF Fees VONG Fees You Save
$10.000 10 years $357 $120 $237
$10.000 20 years $1.529 $515 $1.014
$10.000 30 years $4.912 $1.664 $3.248
$50.000 10 years $1.786 $598 $1.187
$50.000 30 years $24.558 $8.318 $16.240
$100.000 30 years $49.116 $16.637 $32.479

Risk Metrics

Based on 5 years of daily returns

Metric IWF VONG
Annualized Volatility 21.4% 21.3%
Max Drawdown -33.1% -33.2%
Sharpe Ratio 0.40 0.40

Dividend Comparison

Metric IWF VONG
Annual Dividend (per share) $1.69 $0.56
Dividend Yield 0.39% 0.50%
Distribution Frequency Quarterly Quarterly

Top Holdings

9 of top 9 holdings overlap (100% 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%

VONG Top Holdings

NameWeight
NVIDIA CorporationNVDA12.18%
Apple Inc.AAPL11.35%
Microsoft CorporationMSFT8.64%
Broadcom Inc.AVGO4.59%
Amazon.com, Inc.AMZN4.33%
Meta Platforms, Inc.META3.76%
Tesla, Inc.TSLA3.58%
Eli Lilly and CompanyLLY2.94%
Alphabet Inc.GOOG2.92%

Which One Should You Choose?

Choose VONG if...

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

Either works if...

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

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