IQSU vs IWB: Grades, Fees and Holdings Compared

NYLI Candriam U.S. Large Cap Equity ETF

IQSUBNYSE Arca

iShares Russell 1000 ETF

IWBANYSE Arca

Overlap

53.4%by weight

Expense ratio

IQSU −0.06pt a year

IQSU0.09%IWB0.15%

Avg volume · 30D

IWB 58.3×the volume

IQSU8.42KIWB491K

5Y return · a year

IWB +0.9pt

IQSU+9.9%IWB+10.8%

IQSU vs IWB Performance

Nov 9, 2021 – Nov 9, 2026

+60.7%IQSU+66.8%IWB

Expense ratio: IQSU 0.09%, better; IWB 0.15%
Fund size: IQSU $328M; IWB $46.6B
1Y total return: IQSU +16.4%, better; IWB +13.3%
Yield (12M): IQSU 0.92%; IWB 0.93%, better
Holdings: IQSU 268; IWB 1026
Avg volume (30D): IQSU 8.42K sh; IWB 491K sh, better
NAV per share: IQSU $59.82; IWB $402.52
52W range

ETF.net Grade

Pillar letters and Scores for IQSU, IWB, with each pillar’s weight
Pillar	IQSU	IWB
Cost30% weight	A73Higher	B63
Mission25% weight	A88	A100Higher
Risk15% weight	D37	C52Higher
Tradability15% weight	C53	A96Higher
Holdings10% weight	D38	A75Higher
Durability5% weight	C50	A92Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. IQSU and IWB are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

IWB ranks 4th and IQSU 12th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 81
Rank 4AIWBiShares Russell 1000 ETFScore 78
Rank 4AVVVanguard Morningstar Large-Cap ETFScore 78
Rank 11BSPXVProShares S&P 500 Ex-Health Care ETFScore 64
Rank 12BIQSUNYLI Candriam U.S. Large Cap Equity ETFScore 63
Rank 13BXOEFiShares S&P 500 ex S&P 100 ETFScore 61

Our read on each fund

ETF.net Research

IQSUBNYLI Candriam U.S. Large Cap Equity ETF

IWBAiShares Russell 1000 ETF

In short

IQSU The fund that dropped "ESG" from its name in 2023 and kept the screen. Roughly 300 US large caps that score best on Candriam's criteria, weighted by market cap, for 0.09% a year.

IWB The Russell 1000 in one ticker: US large caps plus the mid-cap tier underneath them. IWB has tracked that index since 2000, making it the veteran of the group, though newer clones now chase the same benchmark for less.

Stated mandate

IQSU Seeks exposure to large-cap U.S. equities (large-cap equity ETF exposure).

IWB The fund seeks to track the Russell 1000 Index and provides broad exposure to U.S. large- and mid-cap stocks.

Why people hold it

IQSU Charges 0.09% a year, under the 0.14% typical of its large-cap peer group. Screened portfolios usually cost more than that, not less.
Best-in-class, not blacklist. The index takes top-scoring US large caps on Candriam's criteria and weights by market cap, keeping a broad core shape of about 300 stocks.newyorklifeinvestments.com
The scorer is family. New York Life built the index with Candriam, its own subsidiary, as consultant, and Solactive calculates it. No rented third-party ratings feed.newyorklifeinvestments.com newyorklifeinvestments.com 2
Live since 2019, it has tracked its index closely and distributes on a quarterly schedule.

IWB One holding covers the Russell 1000, broad exposure to US large- and mid-cap stocks, so the megacap names and the tier below them arrive together.ishares.com
Trading since May 2000 and still actively traded, which is what keeps bid-ask spreads thin for everyday buyers.
Follows its index very closely, one of the tightest index-following records in its large-cap peer group.
A multi-billion-dollar iShares fund with a quarterly distribution schedule and no exotic structure: a plain 1940 Act ETF.

Worth knowing

IQSU Thinly traded next to the category's giants, so the spread between buy and sell prices can weigh more on a round trip than the yearly fee does.
Cheap for its cohort, but plain-vanilla rivals go lower: SCHX and VV both run 0.03%.
A screen means the holdings won't mirror the whole market. The issuer notes the fund may forgo some market opportunities open to funds without these criteria.nylim.com

IWB At 0.15% a year it sits above the peer median. VONE tracks the same Russell 1000 for 0.06%, and SCHX and VV run large-cap core mandates at 0.03%.
All equity, all US. There are no bonds or overseas names inside to soften a domestic large-cap drawdown.

Full IQSU profile⁠

Full IWB profile⁠

IQSU vs IWB Holdings

How IQSU and IWB differ

Overlap by weight

53.4%

Shared holdings make up 95.6% of IQSU and 53.8% of IWB.

Level by level

Holdings249 in both53.4%
Sector11 Sectors89.6%
Asset classStocks100%
Countryby domicile99.5%

Sector

Sector weights in IQSU and IWB, widest gap first
Sector	Gap	IQSU	IWB
Consumer Discretionary	IQSU +4.1 points	13.5%	9.4%
Health Care	IWB +3.7 points	6.7%	10.4%
Industrials	IWB +3.1 points	5.4%	8.5%
Communication	IQSU +2.7 points	10.9%	8.2%
Energy	IWB +2.6 points	1.4%	4.0%
Technology	IQSU +1.6 points	38.1%	36.5%
Materials	IQSU +0.9 points	2.7%	1.8%
Utilities	IWB +0.9 points	1.2%	2.1%
Real Estate	IQSU +0.5 points	2.6%	2.1%
Financials	IQSU +0.6 points	12.8%	12.2%
Consumer Staples	IWB +0.1 points	4.7%	4.8%

Country, concentration and asset class

Country by domicile

Country weights in IQSU and IWB, widest gap first
Country	Gap	IQSU	IWB
United States	IWB +0.2 points	99.2%	99.4%
Switzerland	IQSU +0.1 points	0.4%	0.3%
Brazil	IQSU +0.1 points	0.2%	0.1%
China	IQSU +0.2 points	0.2%	0.0%
United Kingdom	IWB +0.1 points	0.0%	0.1%
Canada	IWB +0.1 points	0.0%	0.1%
Mexico	IWB +0.1 points	0.0%	0.1%
Ireland	Same weight	0.0%	0.0%
Other countries (3)	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IQSU42.4%
IWB34.7%

Securities held

IQSU268
IWB1,022

Asset class

IQSU: Stocks
IWB: Stocks

Holdings

Only in IQSU19
In both249
Only in IWB773

Only in IQSU

19 securities, 4.4% of IQSU by weight

Linde plc0.70%
Accenture Plc Class A0.46%
Chubb Limited0.39%
Medtronic Plc0.38%
Seagate Technology Holdings PLC0.33%
Elevance Health, Inc.0.27%
Johnson Controls International plc0.25%
Royal Caribbean Group0.24%
MercadoLibre, Inc.0.21%
NXP Semiconductors NV0.19%
CRH public limited company0.18%
TE Connectivity plc0.18%
Drey Inst Pref Gov Mm Ins0.16%
Vivmark Residential0.15%
Fiserv, Inc.0.10%
Willis Towers Watson Public Limited Company0.09%
ARM Holdings PLC Sponsored ADR0.05%
Everest Group, Ltd.0.05%
Cash0.02%

Only in IWB

773 securities, 46.1% of IWB by weight

NVIDIA6.40%
Broadcom Inc2.01%
Meta Platforms Class A1.97%
Eli Lilly1.59%
Berkshire Hathaway Inc Class B1.56%
JPMorgan Chase & Co1.31%
Exxonmobil Holdings Corp1.00%
Johnson & Johnson0.98%
Walmart0.81%
AbbVie0.76%
Costco Wholesale Corp0.69%
Chevron0.58%
Merck & Co Inc0.53%
Palantir Technologies Class A0.52%
UnitedHealth Group0.52%
Ge Aerospace0.49%
Philip Morris International0.45%
Netflix0.39%
Rtx0.38%
Wells Fargo0.37%
Caterpillar Inc0.37%
Goldman Sachs Group0.37%
Amgen Inc0.37%
Linde PLC0.35%
Oracle0.30%
Morgan Stanley0.30%
Citigroup0.29%
Abbott Laboratories0.28%
BlackRock0.26%
Arista Networks0.26%
Union Pacific0.25%
Pfizer0.25%
Conocophillips0.24%
Deere0.24%
Accenture PLC Class A0.23%
Danaher0.21%
Uber Technologies0.20%
Eaton PLC0.20%
Boeing0.19%
Chubb0.19%
Altria Group Inc0.19%
Medtronic PLC0.18%
Booking Holdings0.18%
Sandisk0.18%
Lockheed Martin0.17%
Cvs Health0.16%
Southern0.16%
Duke Energy Corp0.15%
Phillips 660.14%
3M0.14%

Weight gaps

The 100 widest of 249 Holdings in both funds.

Holding weights in IQSU and IWB, widest gap first
Holding	Gap	IQSU	IWB
Apple Inc.AAPL	IQSU +3.88 points	11.16%	7.28%
Alphabet Inc. Class AGOOGL	IQSU +2.14 points	4.58%	2.44%
Alphabet Inc. Class CGOOG	IQSU +1.99 points	3.97%	1.98%
Tesla, Inc.TSLA	IQSU +1.89 points	3.43%	1.54%
Amazon.com, Inc.AMZN	IQSU +1.55 points	5.25%	3.70%
Advanced Micro Devices, Inc.AMD	IQSU +1.25 points	2.32%	1.07%
Micron Technology, Inc.MU	IQSU +1.16 points	2.30%	1.14%
Visa Inc. Class AV	IQSU +1.02 points	2.07%	1.05%
Mastercard Incorporated Class AMA	IQSU +0.74 points	1.52%	0.78%
Procter & Gamble CompanyPG	IQSU +0.58 points	1.15%	0.57%
Coca-Cola CompanyKO	IQSU +0.57 points	1.12%	0.55%
Cisco Systems, Inc.CSCO	IQSU +0.56 points	1.11%	0.55%
Home Depot, Inc.HD	IQSU +0.51 points	1.01%	0.50%
Bank of America CorpBAC	IQSU +0.45 points	0.92%	0.47%
Applied Materials, Inc.AMAT	IQSU +0.43 points	0.82%	0.39%
Lam Research CorporationLRCX	IQSU +0.41 points	0.78%	0.37%
Intel CorporationINTC	IQSU +0.41 points	0.79%	0.38%
Palo Alto Networks, Inc.PANW	IQSU +0.40 points	0.77%	0.37%
Texas Instruments IncorporatedTXN	IQSU +0.39 points	0.76%	0.37%
International Business Machines CorporationIBM	IQSU +0.34 points	0.68%	0.34%
GE Vernova Inc.GEV	IQSU +0.33 points	0.64%	0.31%
CrowdStrike Holdings, Inc. Class ACRWD	IQSU +0.33 points	0.65%	0.32%
Walt Disney CompanyDIS	IQSU +0.31 points	0.61%	0.30%
McDonald's CorporationMCD	IQSU +0.30 points	0.59%	0.29%
PepsiCo, Inc.PEP	IQSU +0.30 points	0.58%	0.28%
Gilead Sciences, Inc.GILD	IQSU +0.29 points	0.60%	0.31%
Verizon Communications Inc.VZ	IQSU +0.30 points	0.58%	0.28%
KLA CorporationKLAC	IQSU +0.28 points	0.55%	0.27%
QUALCOMM IncorporatedQCOM	IQSU +0.28 points	0.54%	0.26%
NextEra Energy, Inc.NEE	IQSU +0.28 points	0.55%	0.27%
Analog Devices, Inc.ADI	IQSU +0.27 points	0.53%	0.26%
American Express CompanyAXP	IQSU +0.27 points	0.52%	0.25%
Amphenol Corporation Class AAPH	IQSU +0.27 points	0.54%	0.27%
Welltower Inc.WELL	IQSU +0.26 points	0.52%	0.26%
Salesforce, Inc.CRM	IQSU +0.24 points	0.49%	0.25%
AT&T IncT	IQSU +0.24 points	0.45%	0.21%
Intuitive Surgical, Inc.ISRG	IQSU +0.23 points	0.46%	0.23%
Charles Schwab CorpSCHW	IQSU +0.22 points	0.44%	0.22%
Vertex Pharmaceuticals IncorporatedVRTX	IQSU +0.20 points	0.40%	0.20%
Newmont CorporationNEM	IQSU +0.20 points	0.39%	0.19%
Progressive CorporationPGR	IQSU +0.19 points	0.39%	0.20%
Marvell Technology, Inc.MRVL	IQSU +0.19 points	0.37%	0.18%
S&P Global, Inc.SPGI	IQSU +0.19 points	0.39%	0.20%
Thermo Fisher Scientific Inc.TMO	IWB +0.19 points	0.19%	0.38%
Lowe's Companies, Inc.LOW	IQSU +0.18 points	0.37%	0.18%
McKesson CorporationMCK	IQSU +0.19 points	0.37%	0.18%
Capital One Financial CorpCOF	IQSU +0.18 points	0.36%	0.18%
Bristol-Myers Squibb CompanyBMY	IQSU +0.18 points	0.37%	0.19%
Prologis, Inc.PLD	IQSU +0.18 points	0.36%	0.18%
Automatic Data Processing, Inc.ADP	IQSU +0.17 points	0.35%	0.18%
Marathon Petroleum CorporationMPC	IQSU +0.17 points	0.33%	0.16%
Parker-Hannifin CorporationPH	IQSU +0.17 points	0.34%	0.17%
Valero Energy CorporationVLO	IQSU +0.17 points	0.32%	0.15%
Starbucks CorporationSBUX	IQSU +0.17 points	0.35%	0.18%
CME Group Inc. Class ACME	IQSU +0.17 points	0.33%	0.16%
Equinix, Inc.EQIX	IQSU +0.15 points	0.30%	0.15%
Bank of New York Mellon CorpBNY	IQSU +0.15 points	0.30%	0.15%
Waste Management, Inc.WM	IQSU +0.15 points	0.28%	0.13%
Marriott International, Inc. Class AMAR	IQSU +0.15 points	0.28%	0.13%
ServiceNow, Inc.NOW	IQSU +0.15 points	0.30%	0.15%
Western Digital CorporationWDC	IQSU +0.15 points	0.28%	0.13%
Freeport-McMoRan, Inc.FCX	IQSU +0.14 points	0.27%	0.13%
Corning IncGLW	IQSU +0.15 points	0.27%	0.12%
Stryker CorporationSYK	IQSU +0.14 points	0.31%	0.17%
Marsh & McLennan Companies, Inc.MRSH	IQSU +0.14 points	0.29%	0.15%
Snowflake, Inc.SNOW	IQSU +0.14 points	0.28%	0.14%
Dell Technologies, Inc. Class CDELL	IQSU +0.14 points	0.29%	0.15%
Intercontinental Exchange, Inc.ICE	IQSU +0.14 points	0.28%	0.14%
Adobe Inc.ADBE	IQSU +0.14 points	0.28%	0.14%
PNC Financial Services Group, Inc.PNC	IQSU +0.14 points	0.27%	0.13%
Trane Technologies plcTT	IQSU +0.14 points	0.27%	0.13%
American Tower CorporationAMT	IQSU +0.13 points	0.26%	0.13%
Synopsys, Inc.SNPS	IQSU +0.14 points	0.26%	0.12%
Mondelez International, Inc. Class AMDLZ	IQSU +0.14 points	0.26%	0.12%
Comcast Corporation Class ACMCSA	IQSU +0.13 points	0.26%	0.13%
Travelers Companies, Inc.TRV	IQSU +0.13 points	0.25%	0.12%
U.S. BancorpUSB	IQSU +0.13 points	0.27%	0.14%
Motorola Solutions, Inc.MSI	IQSU +0.12 points	0.25%	0.13%
Quanta Services, Inc.PWR	IQSU +0.13 points	0.25%	0.12%
Intuit Inc.INTU	IQSU +0.13 points	0.26%	0.13%
Cadence Design Systems, Inc.CDNS	IQSU +0.13 points	0.26%	0.13%
Hilton Worldwide Holdings Inc.HLT	IQSU +0.12 points	0.24%	0.12%
Illinois Tool Works Inc.ITW	IQSU +0.12 points	0.24%	0.12%
United Parcel Service, Inc. Class BUPS	IQSU +0.12 points	0.24%	0.12%
Colgate-Palmolive CompanyCL	IQSU +0.12 points	0.23%	0.11%
Fortinet, Inc.FTNT	IQSU +0.11 points	0.22%	0.11%
Cintas CorporationCTAS	IQSU +0.12 points	0.23%	0.11%
Ecolab Inc.ECL	IQSU +0.11 points	0.22%	0.11%
Sherwin-Williams CompanySHW	IQSU +0.11 points	0.23%	0.12%
Moody's CorporationMCO	IQSU +0.11 points	0.22%	0.11%
HCA Healthcare IncHCA	IQSU +0.11 points	0.22%	0.11%
O'Reilly Automotive, Inc.ORLY	IQSU +0.11 points	0.22%	0.11%
Cigna GroupCI	IQSU +0.11 points	0.22%	0.11%
T-Mobile US, Inc.TMUS	IQSU +0.11 points	0.23%	0.12%
Target CorporationTGT	IQSU +0.10 points	0.21%	0.11%
Airbnb, Inc. Class AABNB	IQSU +0.10 points	0.22%	0.12%
Hewlett Packard Enterprise Co.HPE	IQSU +0.10 points	0.19%	0.09%
United Rentals, Inc.URI	IQSU +0.10 points	0.20%	0.10%
Arthur J. Gallagher & Co.AJG	IQSU +0.10 points	0.21%	0.11%
Air Products and Chemicals, Inc.APD	IQSU +0.10 points	0.20%	0.10%

All 268 IQSU holdings⁠All 1,023 IWB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IQSU vs IWB Cost

Overpaying IWB vs IQSU

$1,239

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IQSU 0.09%
$1,898
IWB 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

IQSU 0.09%
IWB 0.15%
Overpaying

Year by year

Year	IQSU	IWB	Overpaying
10	$165	$274	$109
20	$646	$1,071	$425
30	$1,898	$3,137	$1,239

Expense ratio

0.09%IQSU, cheaper
0.15%IWB

IQSU0.09%IWB0.15%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

IQSU 7th cheapest of 29 funds

IWB 11th cheapest of 29 funds

IQSU vs IWB Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IQSU 0.92%; IWB 0.93%, better
Payout (12M): IQSU $0.57; IWB $3.81
Last payment: IQSU $0.12; IWB $1.01
Ex-dividend: IQSU Sep 18, 2026; IWB Sep 15, 2026
Paid on: IQSU Sep 22, 2026; IWB Sep 18, 2026
Frequency: IQSU Quarterly; IWB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IQSUQuarterly · 28 paymentsAll IQSU payments⁠

IWBQuarterly · 39 paymentsAll IWB payments⁠

IQSU vs IWB Risk

Fall from peak · 5 years

IQSU
IWB

Risk facts

VolatilityStd dev, 3 years: IQSU 13.9%IWB 12.5%, better
Return per unit of riskSharpe ratio, 3 years: IQSU 1.07IWB 1.39, better
Worst fallMax drawdown, 5 years: IQSU −26.8%IWB −25.2%, better
Market sensitivityBeta, 5 years: IQSU 1.07IWB 1.01; Market = 1

IQSU and IWB in the news

All news⁠

Category Review
Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.
Updated Oct 16, 2026IWB

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