HDUS vs IWB
Hartford Disciplined US Equity ETF vs iShares Russell 1000 ETF
Which is better, HDUS or IWB?
Nearly the same fund. IWB costs less.
IWB has a lower expense ratio. IWB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 34.4% of the fund in its ten largest positions against 36.0%.
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 | HDUS | IWB |
|---|---|---|
| Expense Ratio | 0.19% | 0.15%Best |
| AUM | $111M | $49.5B |
| Dividend Yield | 1.42% | 0.92% |
| Holdings | 242 | 1,023 |
| YTD Return | +13.28%Best | +12.91% |
| 1Y Return | +16.53% | +16.56%Best |
| 3Y Return (annualized) | +21.04% | +21.96%Best |
| 5Y Return (annualized) | - | +12.34% |
| Volatility (annualized) | 12.2%Best | 13.0% |
| Max Drawdown | -18.2%Best | -19.1% |
| $10,000 over 3.9 years | $19,317 | $20,269Best |
| Top 10 Weight | 34.4%Best | 36.0% |
| Fund Family | Hartford Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 16, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 17, 2022 to Oct 14, 2026 (3.9 years).
HDUS vs IWB 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 3.9 years both funds cover.
HDUS vs IWB Performance
Hartford Disciplined US Equity ETF (HDUS) is an ETF from Hartford Funds and iShares Russell 1000 ETF (IWB) is an ETF from iShares by BlackRock (US). Over the past year HDUS returned +16.53% while IWB returned +16.56%. Year to date, HDUS is up 13.28% versus a gain of 12.91% for IWB.
Over three years, HDUS compounded at +21.04% per year against +21.96% for IWB. Across the full 4-year window we track, IWB has the edge at +19.86% annualized vs +18.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWB has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.2% for HDUS. 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 -18.2% for HDUS and -19.1% for IWB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HDUS charges 0.19% per year while IWB charges 0.15%. On a $10,000 position that is $19 vs $15 annually, a gap of $4 per year that compounds over a long holding period. On income, HDUS currently yields 1.42% against 0.92% for IWB.
Holdings Overlap
96.9% of HDUS's money is in holdings IWB also owns. 68.1% of IWB's money is in holdings HDUS also owns.
Most of HDUS is already inside IWB. Owning both mostly buys the same companies twice.
221 positions in common, counted across the 239 positions we hold weights for in HDUS and 1,024 in IWB, against full books of 242 and 1,023.
What only one of them owns
Our book lists 693 positions for IWB that do not appear in our book for HDUS (30.9% of the fund), and 16 for HDUS that do not appear in IWB (2.5%).
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 HDUS | Weight in IWB | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.67% | 7.63% | 0.96% |
| AAPLApple, Inc | 5.91% | 6.77% | 0.86% |
| MSFTMicrosoft Corp | 5.54% | 5.40% | 0.14% |
| GOOGLAlphabet Inc | 4.84% | 2.79% | 2.05% |
| AMZNAmazon.Com Inc | 3.19% | 3.41% | 0.22% |
| AVGOBroadcom Inc | 2.28% | 2.26% | 0.02% |
| METAMeta Platforms Inc | 2.04% | 2.26% | 0.22% |
| MUMicron Technology, Inc. | 1.39% | 1.75% | 0.36% |
| AMDAdvanced Micro Devices Inc | 1.31% | 1.42% | 0.11% |
| TSLATesla Inc | 1.09% | 1.47% | 0.38% |
96.9% of HDUS is already inside IWB.
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, HDUS or IWB?
HDUS has an expense ratio of 0.19% while IWB charges 0.15%. IWB is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, HDUS or IWB?
Over the past year HDUS returned +16.53% vs +16.56% for IWB, so IWB leads on 1-year performance. Over the longest common window we track (4 years), HDUS annualized +18.39% vs +19.86% for IWB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDUS or IWB?
IWB has been the more volatile fund at 13.0% annualized versus 12.2% for HDUS. Worst drawdown: HDUS -18.2% vs IWB -19.1%.
Should I hold both HDUS and IWB?
HDUS and IWB have a monthly-return correlation of 0.99, 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 HDUS and IWB?
96.9% of HDUS's money is in holdings IWB also owns. 68.1% of IWB's is in holdings HDUS also owns. They hold 221 positions in common, counted across the 239 positions we hold weights for in HDUS and 1,024 in IWB.
Which pays a higher dividend, HDUS or IWB?
HDUS yields 1.42% while IWB yields 0.92%, so HDUS currently pays the higher dividend yield.
Is IWB better than HDUS?
IWB has a lower expense ratio. IWB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 34.4% of the fund in its ten largest positions against 36.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.