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IWV vs. VTI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWV vs. VTI

Last updated Jun 24, 2026

IWV (iShares Russell 3000 ETF) and VTI (Vanguard Total Stock Market ETF) are both Large Cap Blend Equities funds - IWV tracks the Russell 3000 Index while VTI tracks the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, IWV returned 14.98%/yr vs 15.14%/yr for VTI. With a 0.99 correlation, they move nearly in lockstep. IWV charges 0.20%/yr vs 0.03%/yr for VTI.

Performance

IWV vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 3000 ETF (IWV) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with IWV having a 8.58% return and VTI slightly higher at 8.82%. Both investments have delivered pretty close results over the past 10 years, with IWV having a 14.98% annualized return and VTI not far ahead at 15.14%.

IWV

1D
-1.30%
1M
-0.78%
YTD
8.58%
6M
7.48%
1Y
23.69%
3Y*
20.38%
5Y*
11.79%
10Y*
14.98%

VTI

1D
-1.39%
1M
-0.84%
YTD
8.82%
6M
7.71%
1Y
24.22%
3Y*
20.62%
5Y*
11.90%
10Y*
15.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWV vs. VTI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWV
iShares Russell 3000 ETF		8.58%16.96%23.49%25.82%-19.28%25.54%20.55%30.66%-5.43%20.97%
VTI
Vanguard Total Stock Market ETF		8.82%17.10%23.81%26.05%-19.52%25.68%21.08%30.67%-5.23%21.21%

Correlation

The correlation between IWV and VTI is 1.00 - 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

1.00

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

1.00

Correlation (10Y)
Calculated over the trailing 10-year period

1.00

Correlation (All Time)
Calculated using the full available price history since May 31, 2001

0.99

The correlation between IWV and VTI has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

IWV vs. VTI - Sectors Allocation Comparison

Sectors
IWV
VTI

Technology

36.5%
37.0%

Financial Services

11.5%
11.3%

Communication Services

10.0%
9.8%

Consumer Cyclical

9.9%
9.7%

Industrials

9.1%
9.4%

Healthcare

8.9%
9.0%

Consumer Defensive

4.3%
4.3%

Energy

3.3%
3.3%

Real Estate

2.3%
2.3%

Utilities

2.1%
2.1%

Basic Materials

2.0%
1.9%

Technology

IWV
36.5%
VTI
37.0%

Financial Services

IWV
11.5%
VTI
11.3%

Communication Services

IWV
10.0%
VTI
9.8%

Consumer Cyclical

IWV
9.9%
VTI
9.7%

Industrials

IWV
9.1%
VTI
9.4%

Healthcare

IWV
8.9%
VTI
9.0%

Consumer Defensive

IWV
4.3%
VTI
4.3%

Energy

IWV
3.3%
VTI
3.3%

Real Estate

IWV
2.3%
VTI
2.3%

Utilities

IWV
2.1%
VTI
2.1%

Basic Materials

IWV
2.0%
VTI
1.9%

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 3000 ETF

Vanguard Total Stock Market ETF

Often compared with IWV:
IWV vs. SPYIWV vs. IWMIWV vs. ACWXIWV vs. VTHRIWV vs. IVVIWV vs. RSPIWV vs. IWB
Often compared with VTI:
VTI vs. VOOVTI vs. VXUSVTI vs. SPYVTI vs. VTVTI vs. SCHDVTI vs. FZROXVTI vs. QQQ

Return for Risk

IWV vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWV
IWV Risk / Return Rank: 5959
Overall Rank
IWV Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
IWV Sortino Ratio Rank: 5656
Sortino Ratio Rank
IWV Omega Ratio Rank: 5757
Omega Ratio Rank
IWV Calmar Ratio Rank: 5757
Calmar Ratio Rank
IWV Martin Ratio Rank: 6868
Martin Ratio Rank
VTI
VTI Risk / Return Rank: 5959
Overall Rank
VTI Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
VTI Sortino Ratio Rank: 5656
Sortino Ratio Rank
VTI Omega Ratio Rank: 5757
Omega Ratio Rank
VTI Calmar Ratio Rank: 5757
Calmar Ratio Rank
VTI Martin Ratio Rank: 6868
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.

IWV vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) and Vanguard Total Stock Market ETF (VTI). 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.

IWVVTIDifference
Sharpe ratioReturn per unit of total volatility
1.87
1.90

-0.03

Sortino ratioReturn per unit of downside risk
2.57
2.59

-0.02

Omega ratioGain probability vs. loss probability

1.34

1.34

0.00

Calmar ratioReturn relative to maximum drawdown

2.68

2.73

-0.05

Martin ratioReturn relative to average drawdown

11.92

12.14

-0.21

IWV vs. VTI - Sharpe Ratio Comparison

The current IWV Sharpe Ratio is 1.87, which is comparable to the VTI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of IWV and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IWV vs. VTI - Drawdown Comparison

The maximum IWV drawdown since its inception was -55.61%, roughly equal to the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for IWV and VTI.

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Drawdown Indicators

IWVVTIDifference

Max Drawdown

Largest peak-to-trough decline

-55.61%

-55.45%

-0.16%

Max Drawdown (1Y)

Largest decline over 1 year

-8.89%

-8.92%

+0.03%

Max Drawdown (3Y)

Largest decline over 3 years

-19.28%

-19.30%

+0.02%

Max Drawdown (5Y)

Largest decline over 5 years

-25.11%

-25.36%

+0.25%

Max Drawdown (10Y)

Largest decline over 10 years

-35.22%

-35.00%

-0.22%

Current Drawdown

Current decline from peak

-2.74%

-2.85%

+0.11%

Average Drawdown

Average peak-to-trough decline

-10.57%

-8.01%

-2.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

2.00%

-0.01%

Volatility

IWV vs. VTI - Volatility Comparison

iShares Russell 3000 ETF (IWV) and Vanguard Total Stock Market ETF (VTI) have volatilities of 4.84% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWVVTIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.84%

4.95%

-0.11%

Volatility (6M)

Calculated over the trailing 6-month period

9.97%

10.05%

-0.08%

Volatility (1Y)

Calculated over the trailing 1-year period

12.72%

12.83%

-0.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.33%

17.51%

-0.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.41%

18.32%

+0.09%

IWV vs. VTI - Expense Ratio Comparison

IWV has a 0.20% expense ratio, which is higher than VTI'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

IWV vs. VTI - Dividend Comparison

IWV's dividend yield for the trailing twelve months is around 0.89%, less than VTI's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
IWV
iShares Russell 3000 ETF		0.89%0.96%1.08%1.30%1.56%1.04%1.30%1.69%1.97%1.58%1.79%1.99%
VTI
Vanguard Total Stock Market ETF		1.04%1.12%1.27%1.44%1.66%1.21%1.42%1.78%2.04%1.71%1.92%1.98%

Frequently Asked Questions

With a correlation of 1.00, IWV and VTI 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.

VTI has higher volatility (4.95%) compared to IWV (4.84%). In terms of maximum drawdown, IWV dropped -55.61% vs VTI's -55.45%.

On 10-year performance, VTI leads with 15.14% vs 14.98% for IWV. On fees, VTI is cheaper at 0.03% per year. On volatility, IWV has been the lower-risk option at 4.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VTI has performed better with a 15.14% return vs 14.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTI is cheaper with a 0.03% expense ratio, compared with 0.20% for IWV.

VTI has the higher dividend yield at 1.04%, compared with 0.89% for IWV.

IWV tracks Russell 3000 Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for IWV and 0.03% for VTI.

VTI currently has the higher Sharpe Ratio (1.90 vs 1.87), 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 IWV and VTI

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