IWD vs JVAL: Grades, Fees and Holdings Compared

iShares Russell 1000 Value ETF

IWDANYSE Arca

JPMorgan U.S. Value Factor ETF

JVALBNYSE Arca

Overlap

33.6%by weight

Expense ratio

JVAL −0.06pt a year

IWD0.18%JVAL0.12%

Avg volume · 30D

IWD 29.5×the volume

IWD2.01MJVAL68K

5Y return · a year

JVAL +0.4pt

IWD+11.5%JVAL+11.9%

IWD vs JVAL Performance

Nov 2, 2021 – Nov 2, 2026

+72.0%IWD+75.4%JVAL

Expense ratio: IWD 0.18%; JVAL 0.12%, better
Fund size: IWD $83.2B; JVAL $1.05B
1Y total return: IWD +28.8%, better; JVAL +24.0%
Yield (12M): IWD 1.36%; JVAL 1.59%, better
Holdings: IWD 874; JVAL 395
Avg volume (30D): IWD 2.01M sh, better; JVAL 68K sh
NAV per share: IWD $258.68; JVAL $58.81
52W range

ETF.net Grade

Pillar letters and Scores for IWD, JVAL, with each pillar’s weight
Pillar	IWD	JVAL
Cost30% weight	B59	A76Higher
Mission25% weight	A100Higher	A86
Risk15% weight	A79Higher	C42
Tradability15% weight	A97Higher	D35
Holdings10% weight	C42	B61Higher
Durability5% weight	A82Higher	C44

Rank among US Value Index funds

How we build Categories ›

Same Category. IWD and JVAL are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

IWD ranks 4th and JVAL 13th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 3AIUSViShares Core S&P U.S. Value ETFScore 81
Rank 4AIWDiShares Russell 1000 Value ETFScore 77
Rank 4AVOEVanguard Morningstar Mid-Cap Value ETFScore 77
Rank 13BDFUVDimensional US Marketwide Value ETFScore 64
Rank 13BJVALJPMorgan U.S. Value Factor ETFScore 64
Rank 15BIWNiShares Russell 2000 Value ETFScore 63

Our read on each fund

ETF.net Research

IWDAiShares Russell 1000 Value ETF

JVALBJPMorgan U.S. Value Factor ETF

In short

IWD The original Russell 1000 Value tracker, live since 2000 and still one of the most traded ways to own the value half of US large caps. Roughly 900 stocks, followed closely, at a price that reflects the plumbing.

JVAL J.P. Morgan's quant desk pointed at cheap US stocks: a rules-based index of roughly 400 names screened on valuation, for 0.12% a year. Broad enough to be a core holding, priced below the typical value fund.

Stated mandate

IWD The fund seeks to track an index of U.S. large- and mid-cap stocks that may be undervalued relative to comparable companies.

JVAL The fund seeks domestic equity exposure focused on companies with attractive valuations and potential return enhancement.

Why people hold it

IWD Follows the Russell 1000 Value Index closely, one of the tightest index-following records among US value funds.
About 900 large- and mid-cap names, so no single stock or sector drives the result.
Trading since 2000 and actively traded, it is among the easier value ETFs to move in and out of, in size.

JVAL Costs 0.12% a year, under the 0.18% median for US value funds.
Follows the JP Morgan US Value Factor Index closely, so the advertised value tilt is what actually shows up in the portfolio.jpmorgan.com
Roughly 400 holdings spread the bet wide, and the fund distributes quarterly.
Trading since 2017 and one of the stronger builds in a crowded 33-fund value field.

Worth knowing

IWD At 0.18% a year, it costs more than several broad value rivals (VTV 0.03%, SCHV 0.04%, IUSV 0.04%). The extra buys the Russell index and the trading depth.
Holding roughly 900 names out of a 1,000-stock parent index, the value tilt is wide and mild, not a concentrated deep-value bet.ishares.com
Distributions land quarterly, and the amount rides on what the underlying companies pay.

JVAL Cheap, not cheapest: VTV (0.03%) and IUSV (0.04%) undercut it, though they follow plain market-cap value indexes rather than a factor screen.
Volume is moderate rather than heavy, so bid-ask spreads can run wider than the giants of the value aisle.
A mid-sized fund, not a category flagship, which is worth knowing if fund scale matters to you.

Full IWD profile⁠

Full JVAL profile⁠

IWD vs JVAL Holdings

How IWD and JVAL differ

Overlap by weight

33.6%

Shared holdings make up 82.0% of JVAL and 43.5% of IWD.

Level by level

Holdings349 in both33.6%
Sector11 Sectors75.4%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in IWD and JVAL, widest gap first
Sector	More in IWDMore in JVAL	IWD	JVAL
Technology	JVAL +19.3 points	20.2%	39.5%
Financials	IWD +8.0 points	18.3%	10.3%
Communication	JVAL +5.0 points	2.9%	7.9%
Consumer Staples	IWD +4.2 points	7.6%	3.4%
Industrials	IWD +3.7 points	10.5%	6.8%
Health Care	IWD +3.5 points	13.5%	10.0%
Energy	IWD +2.5 points	6.7%	4.2%
Utilities	IWD +1.3 points	3.5%	2.2%
Real Estate	IWD +0.8 points	3.3%	2.5%
Materials	IWD +0.6 points	3.5%	2.9%
Consumer Discretionary	JVAL +0.2 points	10.2%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in IWD and JVAL, widest gap first
Country	More in IWDMore in JVAL	IWD	JVAL
United States	IWD +0.2 points	99.1%	98.9%
Switzerland	IWD +0.2 points	0.5%	0.3%
United Kingdom	JVAL +0.1 points	0.1%	0.2%
Mexico	JVAL +0.1 points	0.1%	0.2%
India	JVAL +0.2 points	0.0%	0.2%
Canada	JVAL +0.1 points	0.0%	0.1%
Ireland	IWD +0.1 points	0.1%	0.0%
Brazil	Same weight	0.0%	0.0%
Other countries (3)	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IWD29.3%
JVAL16.4%

Securities held

IWD871
JVAL393

Asset class

IWD: Equity
JVAL: Equity

Holdings

Only in IWD522
In both349
Only in JVAL44

Only in IWD

522 securities, 56.3% of IWD by weight

Amazon.com Inc5.64%
Berkshire Hathaway Inc Class B2.67%
JPMorgan Chase & Co2.38%
Exxonmobil Holdings Corp2.04%
Walmart1.31%
AbbVie1.27%
Procter & Gamble0.99%
Philip Morris International0.86%
Coca-Cola0.85%
Intel Corporation0.79%
Thermo Fisher Scientific0.68%
Goldman Sachs Group0.68%
Costco Wholesale Corp0.67%
Wells Fargo0.67%
Linde PLC0.63%
Morgan Stanley0.55%
Conocophillips0.50%
Abbott Laboratories0.49%
Mcdonalds Corp0.48%
BlackRock0.46%
Nextera Energy0.46%
Welltower0.45%
Union Pacific0.44%
Deere0.44%
Pepsico0.44%
Danaher0.39%
Vertex Pharmaceuticals0.38%
S&P Global0.36%
Charles Schwab0.35%
Chubb0.34%
Eaton PLC0.32%
Prologis Reit0.32%
American Express0.31%
Uber Technologies0.30%
Parker-Hannifin0.30%
Newmont0.30%
Cme Group Class A0.29%
Southern0.28%
Phillips 660.28%
Stryker0.27%
Equinix Reit0.26%
Marsh0.26%
Csx0.25%
Intercontinental Exchange Inc0.25%
Emerson Electric0.24%
Elevance Health Inc0.24%
Williams0.24%
Freeport Mcmoran Inc0.24%
Tjx0.22%
Mondelez International Class A0.22%

Only in JVAL

44 securities, 18.0% of JVAL by weight

Alphabet Inc-Cl A -1.68%
Micron Technology Inc1.68%
NVIDIA Corp Common Stock1.66%
Broadcom Inc Common1.63%
Texas Instruments Inc0.95%
Applied Materials Inc0.79%
Lam Research Corp Common0.79%
Amphenol Corp Common0.66%
Oracle Corp Common Stock0.62%
Sandisk Corp Common Stock0.53%
Kla Corp Common Stock USD0.52%
Western Digital Corp0.45%
Marvell Technology Inc0.40%
Elevance Health Inc0.39%
Corning Inc Common Stock0.38%
Simon Property Group Inc0.36%
Microchip Technology Inc0.32%
Autodesk Inc Common0.31%
Gartner Inc Common Stock0.30%
Godaddy Inc Common Stock0.27%
Ccc Intelligent Solutions0.22%
Darden Restaurants Inc0.22%
Jabil Inc Common Stock0.21%
Expedia Group Inc Common0.19%
People Inc Common Stock0.19%
Fortune Brands0.18%
Toast Inc Common Stock0.17%
Cnh Industrial NV Common0.17%
Fiserv Inc Common Stock0.16%
Ball Corp Common Stock0.16%
Applovin Corp Common0.16%
JPMorgan U.s. Government0.16%
Gap Inc/The Common Stock0.16%
Rambus Inc Common Stock0.12%
Appfolio Inc Common Stock0.12%
Jbs NV Common Stock USD0.11%
Murphy Usa Inc Common0.10%
Reddit Inc Common Stock0.09%
Tapestry Inc Common Stock0.08%
Aptiv PLC Common Stock0.07%
Medical Properties Trust0.06%
Servicenow Inc Common0.06%
Becton Dickinson & Co0.04%
Monolithic Power Systems0.03%

Weight gaps

The 100 widest of 349 Holdings in both funds.

Holding weights in IWD and JVAL, widest gap first
Holding	More in IWDMore in JVAL	IWD	JVAL
AppleAAPL	IWD +3.87 points	6.03%	2.16%
MicrosoftMSFT	IWD +3.05 points	5.12%	2.07%
Meta Platforms Class AMETA	JVAL +1.36 points	0.65%	2.01%
RtxRTX	IWD +0.53 points	0.71%	0.18%
Skyworks SolutionsSWKS	JVAL +0.40 points	0.05%	0.45%
UnitedHealth GroupUNH	IWD +0.39 points	0.97%	0.58%
Home DepotHD	JVAL +0.38 points	0.23%	0.61%
Bank of AmericaBAC	IWD +0.38 points	0.80%	0.42%
Adobe IncADBE	JVAL +0.37 points	0.08%	0.45%
Cisco Systems IncCSCO	IWD +0.36 points	1.09%	0.72%
ChevronCVX	IWD +0.32 points	1.15%	0.83%
IntuitINTU	JVAL +0.29 points	0.17%	0.46%
PtcPTC	JVAL +0.28 points	0.06%	0.34%
Bentley Systems Class BBSY	JVAL +0.26 points	0.01%	0.27%
Analog DevicesADI	JVAL +0.26 points	0.50%	0.76%
Adt IncADT	JVAL +0.26 points	0.01%	0.27%
Epam SystemsEPAM	JVAL +0.25 points	0.02%	0.27%
EbayEBAY	JVAL +0.25 points	0.10%	0.35%
Science Applications InternationalSAIC	JVAL +0.24 points	0.02%	0.26%
DocusignDOCU	JVAL +0.24 points	0.04%	0.28%
Roper TechnologiesROP	JVAL +0.25 points	0.12%	0.37%
MaplebearCART	JVAL +0.24 points	0.01%	0.25%
Cummins IncCMI	JVAL +0.24 points	0.10%	0.34%
Paycom SoftwarePAYC	JVAL +0.23 points	0.03%	0.26%
Entegris IncENTG	JVAL +0.23 points	0.05%	0.28%
Netapp IncNTAP	JVAL +0.23 points	0.07%	0.30%
ApaAPA	JVAL +0.23 points	0.05%	0.28%
Parsons CorpPSN	JVAL +0.22 points	<0.01%	0.23%
United TherapeuticsUTHR	JVAL +0.22 points	0.07%	0.29%
Tyler TechnologiesTYL	JVAL +0.23 points	0.04%	0.27%
Caci International Inc Class ACACI	JVAL +0.22 points	0.04%	0.26%
Universal Display CorpOLED	JVAL +0.22 points	<0.01%	0.23%
Gilead SciencesGILD	JVAL +0.22 points	0.56%	0.78%
Leidos HoldingsLDOS	JVAL +0.22 points	0.05%	0.27%
Williams Sonoma IncWSM	JVAL +0.22 points	0.07%	0.29%
Kbr IncKBR	JVAL +0.22 points	0.01%	0.23%
Global Payments IncGPN	JVAL +0.22 points	0.06%	0.28%
Permian Resources Class APR	JVAL +0.21 points	0.05%	0.26%
Robert HalfRHI	JVAL +0.22 points	0.01%	0.23%
VerisignVRSN	JVAL +0.21 points	0.07%	0.28%
Delta Air LinesDAL	JVAL +0.22 points	0.12%	0.34%
General MotorsGM	JVAL +0.22 points	0.20%	0.42%
Hf SinclairDINO	JVAL +0.21 points	0.05%	0.26%
ElasticESTC	JVAL +0.21 points	0.01%	0.22%
Cognizant Technology Solutions ClaCTSH	JVAL +0.21 points	0.08%	0.29%
MacysM	JVAL +0.21 points	0.02%	0.23%
Quest Diagnostics IncDGX	JVAL +0.21 points	0.07%	0.28%
Kyndryl HoldingsKD	JVAL +0.21 points	<0.01%	0.22%
ViatrisVTRS	JVAL +0.21 points	0.06%	0.27%
Okta Class AOKTA	JVAL +0.21 points	0.09%	0.30%
OvintivOVV	JVAL +0.21 points	0.05%	0.26%
AmdocsDOX	JVAL +0.21 points	0.02%	0.23%
Dolby Laboratories Class ADLB	JVAL +0.21 points	<0.01%	0.22%
Dropbox Inc Class ADBX	JVAL +0.21 points	0.01%	0.22%
Match Group IncMTCH	JVAL +0.20 points	0.03%	0.23%
Pinterest Class APINS	JVAL +0.21 points	0.02%	0.23%
Tenet Healthcare CorpTHC	JVAL +0.20 points	0.06%	0.26%
Gen DigitalGEN	JVAL +0.20 points	0.04%	0.24%
Amgen IncAMGN	JVAL +0.21 points	0.19%	0.40%
Ringcentral Class ARNG	JVAL +0.21 points	0.01%	0.22%
Ryder SystemR	JVAL +0.20 points	0.03%	0.23%
Cirrus LogicCRUS	JVAL +0.21 points	0.01%	0.22%
CdwCDW	JVAL +0.20 points	0.05%	0.25%
Ss and C Technologies HoldingsSSNC	JVAL +0.20 points	0.04%	0.24%
Crown Holdings IncCCK	JVAL +0.20 points	0.03%	0.23%
Fedex CorpFDX	JVAL +0.20 points	0.18%	0.38%
International Business Machines CoIBM	JVAL +0.20 points	0.64%	0.84%
NucorNUE	JVAL +0.20 points	0.16%	0.35%
Devon EnergyDVN	JVAL +0.19 points	0.16%	0.35%
On Semiconductor CorpON	JVAL +0.20 points	0.07%	0.27%
Msc Industrial Class AMSM	JVAL +0.20 points	0.01%	0.21%
Ralph Lauren Class ARL	JVAL +0.20 points	0.01%	0.21%
Qnity ElectronicsQ	JVAL +0.20 points	0.06%	0.26%
Twilio Class ATWLO	JVAL +0.19 points	0.07%	0.26%
Arrow ElectronicsARW	JVAL +0.19 points	0.03%	0.22%
United Airlines HoldingsUAL	JVAL +0.19 points	0.08%	0.27%
PopularBPOP	JVAL +0.20 points	0.02%	0.22%
Unity SoftwareU	JVAL +0.19 points	0.04%	0.23%
Amcor PLCAMCR	JVAL +0.19 points	0.06%	0.25%
AvnetAVT	JVAL +0.19 points	0.02%	0.21%
Nutanix Class ANTNX	JVAL +0.19 points	0.05%	0.24%
PvhPVH	JVAL +0.19 points	0.01%	0.20%
Synchrony FinancialSYF	JVAL +0.19 points	0.06%	0.25%
GlobalfoundriesGFS	JVAL +0.19 points	0.01%	0.20%
Wesco InternationalWCC	JVAL +0.19 points	0.04%	0.23%
Reliance Steel & AluminumRS	JVAL +0.18 points	0.06%	0.24%
CitigroupC	JVAL +0.18 points	0.46%	0.64%
Hewlett Packard EnterpriseHPE	JVAL +0.19 points	0.19%	0.38%
Packaging Corp of AmericaPKG	JVAL +0.18 points	0.06%	0.24%
PegasystemsPEGA	JVAL +0.18 points	<0.01%	0.19%
GarminGRMN	JVAL +0.18 points	0.12%	0.30%
QualcommQCOM	JVAL +0.18 points	0.46%	0.64%
Zoom Communications Class AZM	JVAL +0.18 points	0.07%	0.25%
Principal Financial Group IncPFG	JVAL +0.18 points	0.06%	0.24%
Archer Daniels MidlandADM	JVAL +0.18 points	0.10%	0.28%
GenpactG	JVAL +0.17 points	0.02%	0.19%
Uipath Inc Class APATH	JVAL +0.18 points	0.01%	0.19%
UgiUGI	JVAL +0.18 points	0.02%	0.20%
DoverDOV	JVAL +0.18 points	0.07%	0.25%
Travel LeisureTNL	JVAL +0.17 points	<0.01%	0.18%

All 871 IWD holdings⁠All 393 JVAL 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.

IWD vs JVAL Cost

Overpaying IWD vs JVAL

$1,229

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

IWD 0.18%
$3,749
JVAL 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

IWD 0.18%
JVAL 0.12%
Overpaying

Year by year

Year	IWD	JVAL	Overpaying
10	$328	$220	$108
20	$1,281	$859	$422
30	$3,749	$2,520	$1,229

Expense ratio

0.18%IWD
0.12%JVAL, cheaper

JVAL0.12%IWD0.18%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

JVAL 10th cheapest of 40 funds

IWD 16th cheapest of 40 funds

IWD vs JVAL Dividends

Last 12 months to Nov 2, 2026

Yield (12M): IWD 1.36%; JVAL 1.59%, better
Payout (12M): IWD $3.53; JVAL $0.93
Last payment: IWD $0.93; JVAL $0.22
Ex-dividend: IWD Sep 15, 2026; JVAL Sep 22, 2026
Paid on: IWD Sep 18, 2026; JVAL Sep 24, 2026
Frequency: IWD Quarterly; JVAL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IWDQuarterly · 39 paymentsAll IWD payments⁠

JVALQuarterly · 36 paymentsAll JVAL payments⁠

IWD vs JVAL Risk

Fall from peak · 5 years

IWD
JVAL

Risk facts

VolatilityStd dev, 3 years: IWD 12.1%, betterJVAL 13.4%
Return per unit of riskSharpe ratio, 3 years: IWD 1.42, betterJVAL 1.32
Worst fallMax drawdown, 5 years: IWD −19.0%, betterJVAL −22.4%
Market sensitivityBeta, 5 years: IWD 0.85JVAL 0.97; Market = 1

IWD and JVAL in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026IWD
Head-to-Head
IWD vs VBR: a lower fee does not buy the other value portfolio
17 hours agoIWD
Category Review
U.S. value funds beat the S&P 500 over the past year, but the funds did not move together
Updated Oct 21, 2026IWD
New ETFs
Avantis Investors' Avantis U.S. Core Equity ETF AVUC overlaps a fund it already runs
Oct 16, 2026IWD
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026IWD
Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026IWD

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