PortfoliosLab logoPortfoliosLab logo

Documentation

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

VLU vs. IWD

Last updated Apr 1, 2026

Compare and contrast key facts about SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD).

VLU and IWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLU is a passively managed fund by State Street that tracks the performance of the S&P 1500 Low Valuation Tilt Index. It was launched on Oct 24, 2012. 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. Both VLU and IWD 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

VLU vs. IWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

VLU vs. IWD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VLU
SPDR S&P 1500 Value Tilt ETF		2.50%16.70%17.24%17.18%-8.24%30.95%9.91%26.20%-7.89%18.16%
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%

Returns By Period

In the year-to-date period, VLU achieves a 2.50% return, which is significantly higher than IWD's 1.97% return. Over the past 10 years, VLU has outperformed IWD with an annualized return of 13.18%, while IWD has yielded a comparatively lower 10.33% annualized return.

VLU

1D
2.04%
1M
-3.82%
YTD
2.50%
6M
6.27%
1Y
19.18%
3Y*
17.17%
5Y*
11.22%
10Y*
13.18%

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

Compare stocks, funds, or ETFs

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

SPDR S&P 1500 Value Tilt ETF

iShares Russell 1000 Value ETF

Often compared with VLU:
VLU vs. VTVVLU vs. VLUEVLU vs. SCHDVLU vs. VYMVLU vs. WTVVLU vs. AOAVLU vs. MMTM
Often compared with IWD:
IWD vs. IWFIWD vs. VTVIWD vs. IWBIWD vs. QQQIWD vs. VONVIWD vs. IWVIWD vs. IWR

VLU vs. IWD - Expense Ratio Comparison

VLU has a 0.12% expense ratio, which is lower than IWD's 0.18% expense ratio. Despite the difference, 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
VLU
SPDR S&P 1500 Value Tilt ETF

Return for Risk

VLU vs. IWD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VLU
VLU Risk / Return Rank: 7070
Overall Rank
VLU Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VLU Sortino Ratio Rank: 6868
Sortino Ratio Rank
VLU Omega Ratio Rank: 7272
Omega Ratio Rank
VLU Calmar Ratio Rank: 6767
Calmar Ratio Rank
VLU Martin Ratio Rank: 7676
Martin Ratio Rank
IWD
IWD Risk / Return Rank: 6262
Overall Rank
IWD Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
IWD Sortino Ratio Rank: 6060
Sortino Ratio Rank
IWD Omega Ratio Rank: 6262
Omega Ratio Rank
IWD Calmar Ratio Rank: 6161
Calmar Ratio Rank
IWD Martin Ratio Rank: 7070
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.

VLU vs. IWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD). 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.

VLUIWDDifference

Sharpe ratio

Return per unit of total volatility

1.15

0.99

+0.16

Sortino ratio

Return per unit of downside risk

1.67

1.45

+0.22

Omega ratio

Gain probability vs. loss probability

1.26

1.22

+0.04

Calmar ratio

Return relative to maximum drawdown

1.63

1.42

+0.22

Martin ratio

Return relative to average drawdown

7.78

6.68

+1.10

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLU vs. IWD - Sharpe Ratio Comparison

The current VLU Sharpe Ratio is 1.15, which is comparable to the IWD Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of VLU and IWD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

VLUIWDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.15

0.99

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

0.61

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

0.60

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.40

+0.37

Correlation

The correlation between VLU and IWD is 0.75, 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

VLU vs. IWD - Dividend Comparison

VLU's dividend yield for the trailing twelve months is around 1.78%, more than IWD's 1.67% yield.

TTM20252024202320222021202020192018201720162015
VLU
SPDR S&P 1500 Value Tilt ETF		1.78%1.82%2.00%2.02%2.16%1.86%1.98%2.19%2.57%1.96%2.14%6.37%
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%

Drawdowns

VLU vs. IWD - Drawdown Comparison

The maximum VLU drawdown since its inception was -37.39%, smaller than the maximum IWD drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for VLU and IWD.

Loading graphics...

Drawdown Indicators

VLUIWDDifference

Max Drawdown

Largest peak-to-trough decline

-37.39%

-60.10%

+22.71%

Max Drawdown (1Y)

Largest decline over 1 year

-12.40%

-11.80%

-0.60%

Max Drawdown (5Y)

Largest decline over 5 years

-19.55%

-19.04%

-0.51%

Max Drawdown (10Y)

Largest decline over 10 years

-37.39%

-38.51%

+1.12%

Current Drawdown

Current decline from peak

-4.43%

-4.89%

+0.46%

Average Drawdown

Average peak-to-trough decline

-3.78%

-8.71%

+4.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.60%

2.50%

+0.10%

Volatility

VLU vs. IWD - Volatility Comparison

SPDR S&P 1500 Value Tilt ETF (VLU) and iShares Russell 1000 Value ETF (IWD) have volatilities of 4.31% and 4.33%, 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.

Loading graphics...

Volatility by Period

VLUIWDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.31%

4.33%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

8.61%

8.26%

+0.35%

Volatility (1Y)

Calculated over the trailing 1-year period

16.77%

15.76%

+1.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.46%

14.80%

+0.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.09%

17.28%

+0.81%