Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
iShares Russell 3000 ETF
$440.31−0.12 (−0.03%)
- 0.20%
- $20.6B
- +19.7%
- 0.86%
- 0.2M sh
- $440.77
- low $358.55high $443.91
The ETF.net IWV Grade
B
Score 59 out of 100
- 8 of 11
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 8 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 3 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 6 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 4 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 3 of 11
Our read on IWV
BOne of the first ETFs to put the entire US stock market in a single ticker, live since 2000 and still hugging the Russell 3000. The trade-off is a legacy price tag: newer total-market rivals cost a fraction of it.
The fund seeks to track a broad U.S. equity-market index, the Russell 3000 Index.
Why people hold it
- Trading since 2000, one of the original whole-market wrappers, and it still holds the Russell 3000 top to bottom: mega caps down to small caps in one line item.
- Tracking is its strong suit. It has followed the Russell 3000 about as tightly as anything in the total-US-market group.
- A multi-billion-dollar fund with steady day-to-day volume, so getting a fill is rarely the hard part.
- Boring by design: a plain 1940 Act index fund holding US stocks, mailing out cash quarterly.
Worth knowing
- The fee is the story. At 0.20% a year it runs well above the typical total-market ETF, and VTHR tracks the same Russell 3000 index for 0.06%.
- VTI, ITOT and SCHB deliver comparable whole-market coverage at 0.03%. You are paying up for the Russell build, not for broader reach.
- Straight equity beta: no buffer, no hedge, no cushion. When the US market drops, this drops with it.
IWV Holdings
- Stocks
- 2,594
- 35%
- NVDA
Sectors
- Information Technology37.0%
- Financials12.0%
- Health Care9.7%
- Communication9.3%
- Industrials9.1%
- Consumer Discretionary8.9%
- Consumer Staples4.3%
- Energy3.7%
- Real Estate2.0%
- Materials2.0%
- Utilities1.9%
Geography
- United States97.64%
- Ireland0.99%
- United Kingdom0.47%
- Switzerland0.28%
- Bermuda0.18%
- Sweden0.11%
- Brazil0.09%
- Cayman Islands0.08%
- 0.15%
IWV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IWV$11,972
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IWV |
|---|---|
| Year to date | +14.6% |
| 1 month | +1.7% |
| 3 months | +2.8% |
| 1 year | +19.7% |
| 3 years | +22.4% |
| 5 years | +12.7% |
| 10 years | +14.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IWV |
|---|---|---|
| 2026 YTD | +14.6% | |
| 2025 | +17.0% | |
| 2024 | +23.5% | |
| 2023 | +25.8% | |
| 2022 | −19.3% | |
| 2021 | +25.5% | |
| 2020 | +20.5% |
IWV in the news
IWV Dividends
- 0.86%
- $3.79
- $1.00 per share
- Quarterly
Distribution history
IWV Risk
- 12.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IWV Cost
0.20%
IWV0.20%
- The middle half of Total US Market funds
- Median 0.06%
7 of the 11 Total US Market funds charge less.
Other funds in Total US Market
- BDFUSDimensional U.S. Equity ETFExpense ratio 0.09%1 year return +20.4%
- BVTHRVanguard Russell 3000 ETFExpense ratio 0.06%1 year return +19.8%
- CIYYiShares Dow Jones U.S. ETFExpense ratio 0.20%1 year return +19.8%
- CFNDBSchwab Fundamental U.S. Broad Market Index ETFExpense ratio 0.25%1 year return +27.2%
- DTOTLionShares U.S. Equity Total Return ETFExpense ratio 0.25%1 year return +19.7%