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ETF comparison

IWV vs VB

US Total Market vs US Small Cap.

iShares Russell 3000 ETF · Vanguard Morningstar Small-Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
11.8 %

1,275 positions appear in both funds. Buying equal dollars of IWV and VB would leave roughly 11.8% of each dollar exposed to the same underlying securities.

IWV unmatched 88.0% Shared 11.8% VB unmatched 87.9%

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.

In IWV only
1,315 positions
Shared
1,275 positions
In VB only
34 positions

Side by side

IWV

iShares Russell 3000 ETF

iShares · US Total Market

85 composite / 100
Expense ratio
0.20%
Net assets
$20.28B
TTM yield
0.88%
Top-10 conc.
32.0%
VB

Vanguard Morningstar Small-Cap ETF

Vanguard · US Small Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$175.77B
whole fund, 5 share classes
TTM yield
1.27%
Top-10 conc.
4.3%

Sub-score comparison

80
Cost
97
89
Tax efficiency
88
100
Liquidity
100
69
Concentration
100
—
Tracking quality
—
IWV sub-score VB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VB is 17 bps cheaper than IWV. On a $100,000 position that's about $170/yr more in fees for IWV.

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 IWV vs VB.

Top shared holdings

1,275 shared in total
# Holding In IWV In VB Overlap
1 ASTERA LABS INC 0.10% 0.45% 0.10%
2 FLEX LTD 0.08% 0.36% 0.08%
3 CREDO TECHNOLOGY GROUP HOLDING LTD 0.06% 0.55% 0.06%
4 JABIL INC 0.06% 0.49% 0.06%
5 NATERA INC 0.05% 0.45% 0.05%
6 EMCOR GROUP INC 0.05% 0.45% 0.05%
7 REVOLUTION MEDICINES INC 0.05% 0.46% 0.05%
8 QNITY ELECTRONICS INC 0.05% 0.21% 0.05%
9 EQT CORP 0.04% 0.20% 0.04%
10 CENTENE CORP 0.04% 0.19% 0.04%
11 STEEL DYNAMICS INC 0.04% 0.19% 0.04%
12 TWILIO INC 0.04% 0.38% 0.04%

Only in IWV

1,315 total
  • NVIDIA CORP 6.43%
  • APPLE INC 5.76%
  • MICROSOFT CORP 3.82%
  • AMAZON.COM INC 3.19%
  • ALPHABET INC 2.87%
  • BROADCOM INC 2.42%
  • ALPHABET INC 2.31%
  • MICRON TECHNOLOGY INC 1.79%
  • META PLATFORMS INC 1.71%
  • TESLA INC 1.69%

Only in VB

34 total
  • Janus Henderson Group PLC 0.08%
  • Erie Indemnity Co 0.07%
  • Snap Inc 0.06%
  • Federated Hermes Inc 0.05%
  • Brady Corp 0.05%
  • Warner Music Group Corp 0.05%
  • Paramount Skydance Corp 0.05%
  • Madison Air Solutions Corp 0.04%
  • Billiontoone Inc 0.03%
  • Levi Strauss & Co 0.03%

Percentages are holdings overlap with the named fund.

Open IWV or VB 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.