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ETF Comparison

IWD vs IWF: Which Is the Better Pick in 2026?

A head-to-head comparison of iShares Russell 1000 Value ETF and iShares Russell 1000 Growth ETF covering yield, cost, risk, and income potential.

Data updated July 15, 2026

ETFs481
Total AUM$4450B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

iShares is one of the largest ETF providers globally, known for offering a broad, diversified lineup of exchange-traded funds across multiple asset classes and investment strategies. The company operates 215 funds spanning 15 distinct families, including popular offerings in dividend income, covered call strategies, bonds, equities, ESG-focused investments, and factor-based approaches, with widely-held tickers like AGG (bond), ACWI (global equity), and AOA (allocation). iShares is characterized by its comprehensive fund ecosystem that serves both core portfolio holdings and specialized investment strategies, making it a prominent player for investors seeking both traditional and alternative income-generating ETF solutions.

See our curated list of related YouTube videos on IWD and IWF.

Side-by-side snapshot

IWDIWF
Full nameiShares Russell 1000 Value ETFiShares Russell 1000 Growth ETF
IssueriSharesiShares
Last Close$246.37 as of July 15, 2026$123.23 as of July 15, 2026
Distribution yield1.24%0.35%
Distribution Safety Score 10087
Expense ratio0.19%0.19%
AUM$74.8B$126B
Distribution frequencyQuarterlyQuarterly
Underlying indexRussell 1000 Value IndexRussell 1000 Growth Index
ObjectiveProvide exposure to the fund's underlying index or strategy per issuer materials.Provide exposure to the fund's underlying index or strategy per issuer materials.
Asset classEquityEquity
Inception date05/22/200005/22/2000
Beta0.81.19
Last dividend$0.7610$0.1068
Ex-dividend date06/15/202606/15/2026

Bottom lineChoose IWD if you want higher current income (1.24% vs 0.35% for IWF). Choose IWF if you want broad equity exposure.

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

IWD has outpaced IWF over the trailing twelve months, posting a 27.35% total return against 15.35%. The picture flips over 10 years, though — IWF has compounded at 17.92% a year, ahead of IWD at 11.24%. IWD has been the steadier holding, though — annualized volatility of 13.1% against 19.4% for IWF. Figures are total returns: price change plus every distribution reinvested.

SymbolYTD1Y3Y5Y10YSince May 2000Volatility Sharpe Sortino Max drawdown
IWD16.91%27.35%17.87%11.25%11.24%8.23%13.1%0.921.33-15.7%
IWF4.67%15.35%21.20%12.78%17.92%8.42%19.4%0.771.09-23.4%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of July 14, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since May 2000” measures every fund from May 26, 2000 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Quick verdict

IWD (iShares Russell 1000 Value ETF) and IWF (iShares Russell 1000 Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.

IWD offers the higher yield at 1.24% vs 0.35% for IWF. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

They track different benchmarks: IWD is linked to Russell 1000 Value Index while IWF tracks Russell 1000 Growth Index, which means their performance drivers differ.

IWF is the larger fund by assets ($126B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, IWD would generate roughly $10.33/month, while IWF would produce $2.92/month, at current distribution rates. Both pay quarterly distributions.

IWD yield1.24%
IWF yield0.35%
Monthly diff on $10K$7.42

Cost & efficiency

Over 10 years on $10,000, IWD would cost approximately $190 in fees vs $190 for IWF (simplified, not compounded). Both charge the same expense ratio.

IWD ER0.19%
IWF ER0.19%

Strategy & risk

IWD tracks Russell 1000 Value Index with an index approach, while IWF tracks Russell 1000 Growth Index with an index approach. Beta is 0.8 for IWD and 1.19 for IWF, indicating IWD is less volatile relative to the market.

IWD beta0.8
IWF beta1.19

Fund details

IWD is managed by iShares (launched 05/22/2000) with $74.8B in assets. IWF is managed by iShares (launched 05/22/2000) with $126B in assets.

IWD AUM$74.8B
IWF AUM$126B

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Frequently asked questions

Is IWD or IWF better for dividend income?

It depends on your goals. IWD currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between IWD and IWF?

IWD (iShares Russell 1000 Value ETF) tracks Russell 1000 Value Index with an index approach, while IWF (iShares Russell 1000 Growth ETF) tracks Russell 1000 Growth Index with an index approach. They are issued by iShares and iShares respectively.

Can I hold both IWD and IWF?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, IWD or IWF?

IWD and IWF both charge the same expense ratio of 0.19%, so neither is cheaper on fees — pick based on yield, strategy, or underlying index instead.

How much income does $10,000 in IWD vs IWF generate?

At current rates, $10,000 in IWD would generate roughly $10.33 per month ($124.00 annually). The same in IWF would produce about $2.92 per month ($35.00 annually).

Which has performed better historically, IWD or IWF?

IWD has outpaced IWF over the trailing twelve months, posting a 27.35% total return against 15.35%. The picture flips over 10 years, though — IWF has compounded at 17.92% a year, ahead of IWD at 11.24%. IWD has been the steadier holding, though — annualized volatility of 13.1% against 19.4% for IWF. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

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