IWD vs QUVU
iShares Russell 1000 Value ETF vs Hartford Quality Value ETF
Which is better, IWD or QUVU?
Nearly the same fund. IWD costs less.
IWD has a lower expense ratio. IWD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 29.7%.
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 | IWD | QUVU |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $83.2B | $174M |
| Dividend Yield | 1.43% | 1.87% |
| Holdings | 869 | 72 |
| Volatility (annualized) | 12.3% | 11.6%Best |
| Max Drawdown | -15.7% | -13.1%Best |
| $10,000 over 2.5 years | $15,571Best | $13,110 |
| Top 10 Weight | 29.7% | 25.8%Best |
| Fund Family | iShares by BlackRock (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 22, 2000 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 168 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IWD has data through Oct 14, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Oct 16, 2023 to Apr 29, 2026 (2.5 years).
Risk: Volatility and Drawdowns
IWD has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.6% for QUVU. 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 -15.7% for IWD and -13.1% for QUVU. 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
IWD charges 0.18% per year while QUVU charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, IWD currently yields 1.43% against 1.87% for QUVU.
Holdings Overlap
28.3% of IWD's money is in holdings QUVU also owns. 71.7% of QUVU's money is in holdings IWD also owns.
Most of QUVU is already inside IWD. Owning both mostly buys the same companies twice.
The two holdings books were reported 274 days apart, IWD as of Oct 1, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
52 positions in common, counted across the 871 positions we hold weights for in IWD and 70 in QUVU, against full books of 869 and 72.
What only one of them owns
Our book lists 13 positions for QUVU that do not appear in our book for IWD (21.2% of the fund), and 741 for IWD that do not appear in QUVU (70.1%).
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 IWD | Weight in QUVU | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.06% | 1.25% | 4.81% |
| MSFTMicrosoft Corp | 5.23% | 1.16% | 4.07% |
| JPMJpmorgan Chase | 2.45% | 1.16% | 1.29% |
| BACBank of America Corp.: Financials | 0.89% | 2.55% | 1.66% |
| CSCOCisco Systems Inc | 1.18% | 1.97% | 0.79% |
| UNHUnitedhealth Group Incorporated | 0.91% | 2.18% | 1.27% |
| MRKMerck & Company Inc | 0.98% | 2.03% | 1.05% |
| QCOMQualcomm Inc. | 0.53% | 2.41% | 1.88% |
| PMPhilip Morris International Inc. | 0.81% | 2.05% | 1.24% |
| TFCTruist Financial Corp. | 0.16% | 2.22% | 2.06% |
71.7% of QUVU is already inside IWD.
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, IWD or QUVU?
IWD has an expense ratio of 0.18% while QUVU charges 0.45%. IWD is the cheaper option, by $27 a year on a $10,000 investment.
Which is riskier, IWD or QUVU?
IWD has been the more volatile fund at 12.3% annualized versus 11.6% for QUVU. Worst drawdown: IWD -15.7% vs QUVU -13.1%.
Should I hold both IWD and QUVU?
IWD and QUVU 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 IWD and QUVU?
71.7% of QUVU's money is in holdings IWD also owns. 71.7% of QUVU's is in holdings IWD also owns. They hold 52 positions in common, counted across the 871 positions we hold weights for in IWD and 70 in QUVU.
Which pays a higher dividend, IWD or QUVU?
IWD yields 1.43% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than IWD?
IWD has a lower expense ratio. IWD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 29.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.