IWF vs. VGIT
IWF (iShares Russell 1000 Growth ETF) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both exchange-traded funds - IWF is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index, while VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index. Both are passively managed. Over the past 10 years, IWF returned 18.15%/yr vs 1.20%/yr for VGIT. At a correlation of -0.18, they often move in opposite directions. IWF charges 0.18%/yr vs 0.03%/yr for VGIT.
Performance
IWF vs. VGIT - Performance Comparison
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Returns By Period
In the year-to-date period, IWF achieves a 2.83% return, which is significantly higher than VGIT's -0.17% return. Over the past 10 years, IWF has outperformed VGIT with an annualized return of 18.15%, while VGIT has yielded a comparatively lower 1.20% annualized return.
IWF
- 1D
- 1.57%
- 1M
- -1.44%
- YTD
- 2.83%
- 6M
- 1.71%
- 1Y
- 19.30%
- 3Y*
- 22.57%
- 5Y*
- 13.90%
- 10Y*
- 18.15%
VGIT
- 1D
- 0.51%
- 1M
- 0.19%
- YTD
- -0.17%
- 6M
- 0.02%
- 1Y
- 3.61%
- 3Y*
- 3.55%
- 5Y*
- 0.03%
- 10Y*
- 1.20%
IWF vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWF iShares Russell 1000 Growth ETF | 2.83% | 18.33% | 33.12% | 42.59% | -29.31% | 27.43% | 38.25% | 35.86% | -1.67% | 29.95% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.17% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 1.35% | 1.70% |
Correlation
The correlation between IWF and VGIT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2009 | -0.18 |
The correlation between IWF and VGIT shifts across timeframes, from -0.18 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IWF vs. VGIT — Risk / Return Rank
IWF
VGIT
IWF vs. VGIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Growth ETF (IWF) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.
| IWF | VGIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.19 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.28 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.93 | 3.62 | +0.31 |
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Drawdowns
IWF vs. VGIT - Drawdown Comparison
The maximum IWF drawdown since its inception was -64.25%, which is greater than VGIT's maximum drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for IWF and VGIT.
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Drawdown Indicators
| IWF | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.25% | -16.05% | -48.20% |
Max Drawdown (1Y)Largest decline over 1 year | -16.27% | -2.83% | -13.44% |
Max Drawdown (3Y)Largest decline over 3 years | -23.36% | -4.34% | -19.02% |
Max Drawdown (5Y)Largest decline over 5 years | -32.72% | -15.02% | -17.70% |
Max Drawdown (10Y)Largest decline over 10 years | -32.72% | -16.05% | -16.67% |
Current DrawdownCurrent decline from peak | -5.59% | -2.11% | -3.48% |
Average DrawdownAverage peak-to-trough decline | -22.06% | -3.52% | -18.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.92% | 1.00% | +3.92% |
Volatility
IWF vs. VGIT - Volatility Comparison
iShares Russell 1000 Growth ETF (IWF) has a higher volatility of 5.43% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.14%. This indicates that IWF's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWF | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 1.14% | +4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 2.41% | +9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.96% | 3.35% | +12.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 5.38% | +16.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 4.50% | +16.51% |
IWF vs. VGIT - Expense Ratio Comparison
IWF has a 0.18% expense ratio, which is higher than VGIT's 0.03% 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
IWF vs. VGIT - Dividend Comparison
IWF's dividend yield for the trailing twelve months is around 0.35%, less than VGIT's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWF iShares Russell 1000 Growth ETF | 0.35% | 0.36% | 0.46% | 0.67% | 0.91% | 0.49% | 0.66% | 0.99% | 1.27% | 1.10% | 1.43% | 1.37% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.86% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
IWF and VGIT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWF has higher volatility (5.43%) compared to VGIT (1.14%). In terms of maximum drawdown, IWF dropped -64.25% vs VGIT's -16.05%.
On 10-year performance, IWF leads with 18.15% vs 1.20% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, VGIT has been the lower-risk option at 1.14%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IWF has performed better with a 18.15% return vs 1.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGIT is cheaper with a 0.03% expense ratio, compared with 0.18% for IWF.
VGIT has the higher dividend yield at 3.86%, compared with 0.35% for IWF.
IWF is categorized as Large Cap Growth Equities, while VGIT is Government Bonds. IWF tracks Russell 1000 Growth Index, while VGIT tracks Bloomberg U.S. Treasury 3-10 Year Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.18% for IWF and 0.03% for VGIT.
IWF currently has the higher Sharpe Ratio (1.21 vs 1.08), 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.
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