ETF comparison
FDL vs IWM
Dividend vs US Small Cap.
First Trust Morningstar Dividend Leaders Index Fund · iShares Russell 2000 ETF
Holdings overlap
12 positions appear in both funds. Buying equal dollars of FDL and IWM would leave roughly 1.5% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
IWM is 24 bps cheaper than FDL. On a $100,000 position that's about $240/yr more in fees for FDL.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FDL vs IWM.
Top shared holdings
12 shared in total| # | Holding | In FDL | In IWM | Overlap |
|---|---|---|---|---|
| 1 | PORTLAND GENERAL ELECTRIC COMPANY | 0.16% | 0.19% | 0.16% |
| 2 | INSTALLED BUILDING PRODUCTS INC | 0.15% | 0.17% | 0.15% |
| 3 | ATLANTIC UNION BANKSHARES CORP | 0.14% | 0.19% | 0.14% |
| 4 | BLACK HILLS CORP | 0.14% | 0.18% | 0.14% |
| 5 | UNITED BANKSHARES INC | 0.14% | 0.19% | 0.14% |
| 6 | NEW JERSEY RESOURCES CORP | 0.12% | 0.18% | 0.12% |
| 7 | SPIRE INC (US) | 0.12% | 0.14% | 0.12% |
| 8 | MOELIS & COMPANY | 0.12% | 0.12% | 0.12% |
| 9 | ASSOCIATED BANC-CORP | 0.11% | 0.14% | 0.11% |
| 10 | NORTHWESTERN ENERGY GROUP INC | 0.11% | 0.14% | 0.11% |
| 11 | ONE GAS INC | 0.11% | 0.15% | 0.11% |
| 12 | MURPHY OIL CORP | 0.10% | 0.14% | 0.10% |
Only in FDL
89 total- CHEVRON CORP 7.43%
- VERIZON COMMUNICATIONS INC 7.17%
- PHILIP MORRIS INTERNATIONAL INC 6.06%
- PFIZER INC 5.91%
- PEPSICO INC 4.84%
- ALTRIA GROUP INC 4.64%
- BRISTOL-MYERS SQUIBB COMPANY 3.43%
- UNITED PARCEL SERVICE INC 3.15%
- COMCAST CORP 3.13%
- SOUTHERN COMPANY (THE) 2.32%
Only in IWM
2,002 total- Moog, Inc. 0.38%
- Hut 8 Corp. 0.37%
- Viasat, Inc. 0.35%
- BrightSpring Health Services, Inc. 0.35%
- Cytokinetics, Inc. 0.35%
- MaxLinear, Inc. 0.34%
- Argan, Inc. 0.34%
- UMB Financial Corp. 0.33%
- JFrog Ltd. 0.31%
- Riot Platforms, Inc. 0.30%
Related comparisons
More comparisons with FDL
- FDL vs IWF · iShares Russell 1000 Growth ETF 0.4%
- FDL vs VUG · Vanguard Morningstar Growth ETF 0.2%
- FDL vs DEM · WisdomTree Emerging Markets High Dividend Fund 0.0%
- FDL vs DGS · WisdomTree Emerging Markets SmallCap Dividend Fund 0.0%
- FDL vs DVYE · iShares Emerging Markets Dividend ETF 0.0%
- FDL vs IDV · iShares International Select Dividend ETF 0.0%
More comparisons with IWM
- IWM vs TCAF · T. Rowe Price Capital Appreciation Equity ETF 1.5%
- IWM vs FELC · Fidelity Enhanced Large Cap Core ETF 1.4%
- IWM vs SCHD · Schwab U.S. Dividend Equity ETF 1.4%
- IWM vs FELG · Fidelity Enhanced Large Cap Growth ETF 1.2%
- IWM vs VIG · Vanguard Dividend Appreciation Index Fund ETF Shares 1.0%
- IWM vs DVY · iShares Select Dividend ETF 1.0%
Percentages are holdings overlap with the named fund.
Open FDL or IWM at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.