IWD vs. VONE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Russell 1000 Value ETF (IWD) and Vanguard Russell 1000 ETF (VONE).

IWD and VONE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWD is a passively managed fund by iShares that tracks the performance of the Russell 1000 Value Index. It was launched on May 22, 2000. VONE is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Index. It was launched on Sep 20, 2010. Both IWD and VONE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IWD vs. VONE - Performance Comparison

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

IWD vs. VONE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWD iShares Russell 1000 Value ETF	1.97%	15.68%	14.17%	11.34%	-7.75%	24.95%	2.73%	26.12%	-8.45%	13.45%
VONE Vanguard Russell 1000 ETF	-4.22%	17.21%	24.51%	26.41%	-19.14%	26.49%	20.95%	31.12%	-4.84%	21.55%

Returns By Period

In the year-to-date period, IWD achieves a 1.97% return, which is significantly higher than VONE's -4.22% return. Over the past 10 years, IWD has underperformed VONE with an annualized return of 10.33%, while VONE has yielded a comparatively higher 13.81% annualized return.

IWD

• 1D: 2.03%
• 1M: -4.89%
• YTD: 1.97%
• 6M: 5.86%
• 1Y: 15.56%
• 3Y*: 14.10%
• 5Y*: 9.01%
• 10Y*: 10.33%

VONE

• 1D: 2.94%
• 1M: -4.97%
• YTD: -4.22%
• 6M: -1.83%
• 1Y: 17.59%
• 3Y*: 18.08%
• 5Y*: 10.99%
• 10Y*: 13.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWD vs. VONE - Expense Ratio Comparison

IWD has a 0.18% expense ratio, which is higher than VONE's 0.08% 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%.

IWD

iShares Russell 1000 Value ETF

VONE

Vanguard Russell 1000 ETF

Return for Risk

IWD vs. VONE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWD

IWD Risk / Return Rank: 62
IWD Sharpe Ratio Rank: 60
IWD Sortino Ratio Rank: 60
IWD Omega Ratio Rank: 62
IWD Calmar Ratio Rank: 61
IWD Martin Ratio Rank: 70

VONE

VONE Risk / Return Rank: 64
VONE Sharpe Ratio Rank: 58
VONE Sortino Ratio Rank: 61
VONE Omega Ratio Rank: 64
VONE Calmar Ratio Rank: 64
VONE Martin Ratio Rank: 73

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. VONE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and Vanguard Russell 1000 ETF (VONE). 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.

	IWD	VONE	Difference
Sharpe ratio Return per unit of total volatility	0.99	0.97	+0.02
Sortino ratio Return per unit of downside risk	1.45	1.48	-0.03
Omega ratio Gain probability vs. loss probability	1.22	1.22	0.00
Calmar ratio Return relative to maximum drawdown	1.42	1.50	-0.08
Martin ratio Return relative to average drawdown	6.68	7.13	-0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWD vs. VONE - Sharpe Ratio Comparison

The current IWD Sharpe Ratio is 0.99, which is comparable to the VONE Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of IWD and VONE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IWD	VONE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	0.97	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.65	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.76	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.80	-0.40

Correlation

The correlation between IWD and VONE is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IWD vs. VONE - Dividend Comparison

IWD's dividend yield for the trailing twelve months is around 1.67%, more than VONE's 1.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWD iShares Russell 1000 Value ETF	1.67%	1.69%	1.87%	2.02%	2.15%	1.62%	2.05%	2.45%	2.71%	2.09%	2.25%	2.47%
VONE Vanguard Russell 1000 ETF	1.14%	1.07%	1.20%	1.40%	1.59%	1.16%	1.45%	1.65%	1.96%	1.69%	1.89%	1.89%

Drawdowns

IWD vs. VONE - Drawdown Comparison

The maximum IWD drawdown since its inception was -60.10%, which is greater than VONE's maximum drawdown of -34.66%. Use the drawdown chart below to compare losses from any high point for IWD and VONE.

Drawdown Indicators

	IWD	VONE	Difference
Max Drawdown Largest peak-to-trough decline	-60.10%	-34.66%	-25.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.80%	-12.11%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-19.04%	-25.12%	+6.08%
Max Drawdown (10Y) Largest decline over 10 years	-38.51%	-34.66%	-3.85%
Current Drawdown Current decline from peak	-4.89%	-6.17%	+1.28%
Average Drawdown Average peak-to-trough decline	-8.71%	-3.94%	-4.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	2.55%	-0.05%

Volatility

IWD vs. VONE - Volatility Comparison

The current volatility for iShares Russell 1000 Value ETF (IWD) is 4.33%, while Vanguard Russell 1000 ETF (VONE) has a volatility of 5.36%. This indicates that IWD experiences smaller price fluctuations and is considered to be less risky than VONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWD	VONE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	5.36%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	8.26%	9.59%	-1.33%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	18.20%	-2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.80%	17.09%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	18.23%	-0.95%