PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IWD vs. GVUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWD vs. GVUS

Last updated Jun 24, 2026

IWD (iShares Russell 1000 Value ETF) and GVUS (Goldman Sachs MarketBeta Russell 1000 Value Equity ETF) are both Large Cap Value Equities funds - IWD tracks the Russell 1000 Value Index while GVUS tracks the Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross. Both are passively managed. Over the past year, IWD returned 28.22% vs 28.38% for GVUS. With a 0.99 correlation, they move nearly in lockstep. IWD charges 0.18%/yr vs 0.12%/yr for GVUS.

Performance

IWD vs. GVUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 1000 Value ETF (IWD) and Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both investments are quite close, with IWD having a 15.35% return and GVUS slightly higher at 15.43%.

IWD

1D
-1.06%
1M
2.28%
YTD
15.35%
6M
14.66%
1Y
28.22%
3Y*
18.41%
5Y*
10.87%
10Y*
11.61%

GVUS

1D
-0.93%
1M
2.38%
YTD
15.43%
6M
14.79%
1Y
28.38%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWD vs. GVUS - Yearly Performance Comparison

2026 (YTD)202520242023
IWD
iShares Russell 1000 Value ETF		15.35%15.68%14.17%6.45%
GVUS
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF		15.43%15.90%14.08%5.51%

Correlation

The correlation between IWD and GVUS is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Nov 30, 2023

0.99

The correlation between IWD and GVUS has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

IWD vs. GVUS - Sectors Allocation Comparison

Sectors
IWD
GVUS

Technology

18.6%
18.7%

Financial Services

18.4%
18.4%

Industrials

12.5%
12.6%

Healthcare

10.6%
10.6%

Communication Services

8.1%
8.1%

Consumer Cyclical

7.1%
7.2%

Consumer Defensive

6.7%
6.7%

Energy

6.3%
6.3%

Utilities

4.0%
4.0%

Real Estate

3.9%
3.9%

Basic Materials

3.7%
3.6%

Technology

IWD
18.6%
GVUS
18.7%

Financial Services

IWD
18.4%
GVUS
18.4%

Industrials

IWD
12.5%
GVUS
12.6%

Healthcare

IWD
10.6%
GVUS
10.6%

Communication Services

IWD
8.1%
GVUS
8.1%

Consumer Cyclical

IWD
7.1%
GVUS
7.2%

Consumer Defensive

IWD
6.7%
GVUS
6.7%

Energy

IWD
6.3%
GVUS
6.3%

Utilities

IWD
4.0%
GVUS
4.0%

Real Estate

IWD
3.9%
GVUS
3.9%

Basic Materials

IWD
3.7%
GVUS
3.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Russell 1000 Value ETF

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

Often compared with IWD:
IWD vs. IWFIWD vs. VTVIWD vs. IWBIWD vs. QQQIWD vs. VONVIWD vs. IWVIWD vs. IWR
Often compared with GVUS:
GVUS vs. GXUSGVUS vs. VONVGVUS vs. COFGVUS vs. GSLCGVUS vs. CDCGVUS vs. FDLGVUS vs. GPIX

Return for Risk

IWD vs. GVUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWD
IWD Risk / Return Rank: 8383
Overall Rank
IWD Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
IWD Sortino Ratio Rank: 8383
Sortino Ratio Rank
IWD Omega Ratio Rank: 8080
Omega Ratio Rank
IWD Calmar Ratio Rank: 8282
Calmar Ratio Rank
IWD Martin Ratio Rank: 8686
Martin Ratio Rank
GVUS
GVUS Risk / Return Rank: 8686
Overall Rank
GVUS Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
GVUS Sortino Ratio Rank: 8888
Sortino Ratio Rank
GVUS Omega Ratio Rank: 8484
Omega Ratio Rank
GVUS Calmar Ratio Rank: 8585
Calmar Ratio Rank
GVUS Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IWD vs. GVUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IWDGVUSDifference
Sharpe ratioReturn per unit of total volatility
2.52
2.54

-0.02

Sortino ratioReturn per unit of downside risk
3.52
3.57

-0.05

Omega ratioGain probability vs. loss probability

1.45

1.46

0.00

Calmar ratioReturn relative to maximum drawdown

4.18

4.27

-0.09

Martin ratioReturn relative to average drawdown

17.32

17.63

-0.31

IWD vs. GVUS - Sharpe Ratio Comparison

The current IWD Sharpe Ratio is 2.52, which is comparable to the GVUS Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of IWD and GVUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

IWD vs. GVUS - Drawdown Comparison

The maximum IWD drawdown since its inception was -60.10%, which is greater than GVUS's maximum drawdown of -15.82%. Use the drawdown chart below to compare losses from any high point for IWD and GVUS.

Loading charts...

Drawdown Indicators

IWDGVUSDifference

Max Drawdown

Largest peak-to-trough decline

-60.10%

-15.82%

-44.28%

Max Drawdown (1Y)

Largest decline over 1 year

-6.79%

-6.68%

-0.11%

Max Drawdown (3Y)

Largest decline over 3 years

-15.71%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-19.04%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-38.51%

—

—

Current Drawdown

Current decline from peak

-1.16%

-1.00%

-0.16%

Average Drawdown

Average peak-to-trough decline

-8.64%

-1.98%

-6.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

1.61%

+0.02%

Volatility

IWD vs. GVUS - Volatility Comparison

iShares Russell 1000 Value ETF (IWD) has a higher volatility of 4.14% compared to Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) at 3.89%. This indicates that IWD's price experiences larger fluctuations and is considered to be riskier than GVUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IWDGVUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.14%

3.89%

+0.25%

Volatility (6M)

Calculated over the trailing 6-month period

8.67%

8.65%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

11.27%

11.24%

+0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.84%

13.33%

+1.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.28%

13.33%

+3.95%

IWD vs. GVUS - Expense Ratio Comparison

IWD has a 0.18% expense ratio, which is higher than GVUS's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IWD vs. GVUS - Dividend Comparison

IWD's dividend yield for the trailing twelve months is around 1.45%, less than GVUS's 1.56% yield.

PositionTTM20252024202320222021202020192018201720162015
GVUS
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF		1.56%1.77%2.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IWD
iShares Russell 1000 Value ETF		1.45%1.69%1.87%2.02%2.15%1.62%2.05%2.45%2.71%2.09%2.25%2.47%

Frequently Asked Questions

With a correlation of 0.99, IWD and GVUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IWD has higher volatility (4.14%) compared to GVUS (3.89%). In terms of maximum drawdown, IWD dropped -60.10% vs GVUS's -15.82%.

On 1-year performance, GVUS leads with 28.38% vs 28.22% for IWD. On fees, GVUS is cheaper at 0.12% per year. On volatility, GVUS has been the lower-risk option at 3.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, GVUS has performed better with a 28.38% return vs 28.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GVUS is cheaper with a 0.12% expense ratio, compared with 0.18% for IWD.

GVUS has the higher dividend yield at 1.56%, compared with 1.45% for IWD.

IWD tracks Russell 1000 Value Index, while GVUS tracks Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.18% for IWD and 0.12% for GVUS.

GVUS currently has the higher Sharpe Ratio (2.54 vs 2.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for IWD and GVUS

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer