GROZ vs IWLG
Zacks Focus Growth ETF vs NYLIM Winslow Large Cap Growth ETF
Which is better, GROZ or IWLG?
Nearly the same fund. IWLG costs less.
IWLG has a lower expense ratio. GROZ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. GROZ is less concentrated, with 56.9% of the fund in its ten largest positions against 57.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GROZ | IWLG |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $126M | $327M |
| Dividend Yield | 0.04% | 0.00% |
| Holdings | 88 | 82 |
| YTD Return | +12.37%Best | +5.96% |
| 1Y Return | +15.13%Best | +6.77% |
| 3Y Return (annualized) | - | +22.06% |
| Volatility (annualized) | 16.0%Best | 18.0% |
| Max Drawdown | -23.3% | -23.2%Best |
| $10,000 over 1.9 years | $13,480Best | $11,789 |
| Top 10 Weight | 56.9%Best | 57.9% |
| Fund Family | Zacks | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 9, 2024 | Jun 22, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
GROZ vs IWLG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
GROZ vs IWLG Performance
Zacks Focus Growth ETF (GROZ) is an ETF from Zacks and NYLIM Winslow Large Cap Growth ETF (IWLG) is an ETF from New York Life Investments. Over the past year GROZ returned +15.13% while IWLG returned +6.77%. Year to date, GROZ is up 12.37% versus a gain of 5.96% for IWLG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWLG has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 16.0% for GROZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.3% for GROZ and -23.2% for IWLG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GROZ charges 0.55% per year while IWLG charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, GROZ currently yields 0.04% against 0.00% for IWLG.
Holdings Overlap
58.0% of GROZ's money is in holdings IWLG also owns. 57.3% of IWLG's money is in holdings GROZ also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 46 positions we hold weights for in GROZ and 37 in IWLG, against full books of 88 and 82.
What only one of them owns
Our book lists 19 positions for IWLG that do not appear in our book for GROZ (37.0% of the fund), and 26 for GROZ that do not appear in IWLG (34.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GROZ | Weight in IWLG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.99% | 14.02% | 4.03% |
| MSFTMicrosoft Corp | 7.29% | 6.96% | 0.33% |
| AAPLApple, Inc | 9.06% | 4.31% | 4.75% |
| AVGOBroadcom Inc | 5.00% | 2.95% | 2.05% |
| AMDAdvanced Micro Devices Inc | 2.50% | 4.62% | 2.12% |
| LLYEli Lilly & Co. | 3.34% | 3.71% | 0.37% |
| METAMeta Platforms Inc | 3.42% | 3.48% | 0.06% |
| AMZNAmazon.Com Inc | 3.77% | 3.08% | 0.69% |
| MUMicron Technology, Inc. | 4.55% | 2.21% | 2.34% |
| VVisa Inc Class A | 1.79% | 3.27% | 1.48% |
58.0% of GROZ is already inside IWLG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GROZ or IWLG?
GROZ has an expense ratio of 0.55% while IWLG charges 0.50%. IWLG is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, GROZ or IWLG?
Over the past year GROZ returned +15.13% vs +6.77% for IWLG, so GROZ leads on 1-year performance. Over the longest common window we track (2 years), GROZ annualized +17.02% vs +9.05% for IWLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GROZ or IWLG?
IWLG has been the more volatile fund at 18.0% annualized versus 16.0% for GROZ. Worst drawdown: GROZ -23.3% vs IWLG -23.2%.
Should I hold both GROZ and IWLG?
GROZ and IWLG have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GROZ and IWLG?
58.0% of GROZ's money is in holdings IWLG also owns. 57.3% of IWLG's is in holdings GROZ also owns. They hold 15 positions in common, counted across the 46 positions we hold weights for in GROZ and 37 in IWLG.
Which pays a higher dividend, GROZ or IWLG?
GROZ yields 0.04% while IWLG yields 0.00%, so GROZ currently pays the higher dividend yield.
Is IWLG better than GROZ?
IWLG has a lower expense ratio. GROZ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. GROZ is less concentrated, with 56.9% of the fund in its ten largest positions against 57.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.