VUSV vs. IWX

Last updated Aug 1, 2026

VUSV (Vanguard Wellington U.S. Value Active ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds. VUSV is actively managed, while IWX is passively managed. Their correlation of 0.81 means they have usually moved in the same direction. VUSV charges 0.30%/yr vs 0.20%/yr for IWX.

Performance

VUSV vs. IWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Wellington U.S. Value Active ETF (VUSV) and iShares Russell Top 200 Value ETF (IWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSV achieves a 12.00% return, which is significantly lower than IWX's 20.90% return.

VUSV

• 1D: 0.91%
• 1M: 1.76%
• 6M: 8.16%
• YTD: 12.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IWX

• 1D: 0.74%
• 1M: 2.59%
• 6M: 15.57%
• YTD: 20.90%
• 1Y: 34.92%
• 3Y*: 18.98%
• 5Y*: 12.65%
• 10Y*: 12.13%
• ALL TIME*: 11.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IWX iShares Russell Top 200 Value ETF	$55.11M	$49.72M	$33.93M
VUSV Vanguard Wellington U.S. Value Active ETF	$776.50K	$906.43K	$757.88K

VUSV vs. IWX - Yearly Performance Comparison

	2026 (YTD)	2025
VUSV Vanguard Wellington U.S. Value Active ETF	12.00%	5.62%
IWX iShares Russell Top 200 Value ETF	20.90%	4.34%

Correlation

The correlation between VUSV and IWX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.81

Return for Risk

VUSV vs. IWX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VUSV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IWX

IWX Risk / Return Rank: 95
IWX Sharpe Ratio Rank: 96
IWX Sortino Ratio Rank: 96
IWX Omega Ratio Rank: 95
IWX Calmar Ratio Rank: 95
IWX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VUSV vs. IWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington U.S. Value Active ETF (VUSV) and iShares Russell Top 200 Value ETF (IWX). 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.

	VUSV	IWX	Difference
Sharpe ratio: Return per unit of total volatility	—	3.10	—
Sortino ratio: Return per unit of downside risk	—	4.28	—
Omega ratio: Gain probability vs. loss probability	—	1.55	—
Calmar ratio: Return relative to maximum drawdown	—	5.05	—
Martin ratio: Return relative to average drawdown	—	22.22	—

Drawdowns

VUSV vs. IWX - Drawdown Comparison

The maximum VUSV drawdown since its inception was -7.06%, smaller than the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for VUSV and IWX.

Drawdown Indicators

	VUSV	IWX	Difference
Max Drawdown Largest peak-to-trough decline	-7.06%	-35.76%	+28.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.76%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.18%	-3.79%	+2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.50%	—

Volatility

Volatility by Period

	VUSV	IWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	10.81%	+0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.69%	13.89%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.69%	16.48%	-4.79%

VUSV vs. IWX - Expense Ratio Comparison

VUSV has a 0.30% expense ratio, which is higher than IWX's 0.20% expense ratio.

Dividends

VUSV vs. IWX - Dividend Comparison

VUSV's dividend yield for the trailing twelve months is around 0.18%, less than IWX's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWX iShares Russell Top 200 Value ETF	1.39%	1.59%	1.97%	2.13%	2.07%	1.79%	2.12%	2.60%	2.66%	2.12%	2.22%	2.77%
VUSV Vanguard Wellington U.S. Value Active ETF	0.18%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUSV and IWX in my portfolio?

VUSV and IWX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUSV or IWX?

On fees, IWX is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSV or IWX?

IWX is cheaper with a 0.20% expense ratio, compared with 0.30% for VUSV.

Which ETF pays a higher dividend yield, VUSV or IWX?

IWX has the higher dividend yield at 1.39%, compared with 0.18% for VUSV.

What is the main difference between VUSV and IWX?

They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.30% for VUSV and 0.20% for IWX.