IWD vs REVS: Grades, Fees and Holdings Compared

iShares Russell 1000 Value ETF

IWDANYSE Arca

Columbia Research Enhanced Value ETF

REVSBNYSE Arca

Overlap

34.6%by weight

Expense ratio

IWD −0.02pt a year

IWD0.18%REVS0.20%

Avg volume · 30D

IWD 40.1×the volume

IWD1.81MREVS45.2K

5Y return · a year

REVS +1.0pt

IWD+11.6%REVS+12.6%

IWD vs REVS Performance

Nov 9, 2021 – Nov 9, 2026

+72.9%IWD+80.8%REVS

Expense ratio: IWD 0.18%, better; REVS 0.20%
Fund size: IWD $82.9B; REVS $399M
1Y total return: IWD +30.5%, better; REVS +27.5%
Yield (12M): IWD 1.34%; REVS 1.73%, better
Holdings: IWD 872; REVS 304
Avg volume (30D): IWD 1.81M sh, better; REVS 45.2K sh
NAV per share: IWD $257.40; REVS $34.04
52W range

ETF.net Grade

Pillar letters and Scores for IWD, REVS, with each pillar’s weight
Pillar	IWD	REVS
Cost30% weight	B59Higher	C51
Mission25% weight	A100Higher	A90
Risk15% weight	A84Higher	A81
Tradability15% weight	A95Higher	D31
Holdings10% weight	C41Higher	D37
Durability5% weight	A85Higher	D30

Rank among US Value Index funds

How we build Categories ›

Same Category. IWD and REVS 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 REVS 18th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 85
Rank 2AVTVVanguard Morningstar Value ETFScore 82
Rank 3AIUSViShares Core S&P U.S. Value ETFScore 81
Rank 4AIWDiShares Russell 1000 Value ETFScore 77
Rank 5AVOEVanguard Morningstar Mid-Cap Value ETFScore 76
Rank 18BPYPrincipal Value ETFScore 59
Rank 18BREVSColumbia Research Enhanced Value ETFScore 59
Rank 18BSTXVStrive 1000 Value ETFScore 59

Our read on each fund

ETF.net Research

IWDAiShares Russell 1000 Value ETF

REVSBColumbia Research Enhanced Value 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.

REVS REVS is the Russell 1000 Value with the low-rated names cut: Columbia's quant models grade every stock, roughly a third survive, sector weights still match the parent. 0.19% net of a waiver through February 28, 2027.

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.

REVS The Fund seeks, before fees and expenses, to closely track the Beta Advantage Research Enhanced U.S. Value Index.

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.

REVS Improvement by subtraction: the index takes the Russell 1000 Value, keeps the names Columbia's models rate a buy on quality, value and catalyst factors, and cap-weights them.columbiathreadneedleus.com sec.gov
Sector weights are matched to the Russell 1000 Value, so the bet is stock selection, not a hidden overweight to banks or energy.columbiathreadneedleus.com
Quant research at near-index cost: 0.19% net of a waiver through February 28, 2027 (0.20% gross), near the category median for US value funds.
Full replication of a roughly 300-stock basket, and it has tracked that index closely since its 2019 launch.quantumonline.com

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.

REVS Plain-vanilla value costs far less: VTV charges 0.03% and SCHV 0.04% for cap-weighted value with no research overlay on top.
Thinner trading than the category giants, so spreads can run wider, especially on large or hurried orders.
Methodology quirks worth knowing: every biotech name in the universe is included regardless of its rating, and the fund does not take defensive positions in selloffs.columbiathreadneedleus.com streetinsider.com

Full IWD profile⁠

Full REVS profile⁠

IWD vs REVS Holdings

How IWD and REVS differ

Overlap by weight

34.6%

Shared holdings make up 94.2% of REVS and 34.6% of IWD.

Level by level

Holdings286 in both34.6%
Sector11 Sectors95.0%
Countryby domicile99.2%
Asset classStocks100%

Sector

Sector weights in IWD and REVS, widest gap first
Sector	Gap	IWD	REVS
Technology	REVS +4.5 points	18.8%	23.3%
Financials	IWD +1.6 points	18.8%	17.2%
Industrials	IWD +1.5 points	10.4%	8.9%
Consumer Discretionary	IWD +0.7 points	10.6%	9.9%
Health Care	IWD +0.5 points	13.7%	13.2%
Energy	REVS +0.5 points	6.0%	6.5%
Materials	IWD +0.3 points	3.5%	3.1%
Consumer Staples	IWD +0.4 points	8.0%	7.6%
Real Estate	REVS +0.1 points	3.5%	3.6%
Communication	Same weight	3.0%	3.0%
Utilities	Same weight	3.6%	3.6%

Country, concentration and asset class

Country by domicile

Country weights in IWD and REVS, widest gap first
Country	More in IWDMore in REVS	Gap	IWD	REVS
United States		REVS +0.7 points	99.2%	99.9%
Other countries (10)		IWD +0.7 points	0.8%	0.1%

Concentration

Weight in the 10 largest Holdings

IWD29.8%
REVS32.9%

Securities held

IWD869
REVS302

Asset class

IWD: Stocks
REVS: Stocks

Holdings

Only in IWD583
In both286
Only in REVS16

Only in IWD

583 securities, 65.1% of IWD by weight

Amazon.com Inc6.12%
Berkshire Hathaway Inc Class B2.82%
JPMorgan Chase & Co2.37%
Exxonmobil Holdings Corp1.81%
Johnson & Johnson1.77%
Walmart1.34%
Procter & Gamble1.02%
Merck & Co Inc0.96%
UnitedHealth Group0.94%
Coca-Cola0.87%
Philip Morris International0.82%
Costco Wholesale Corp0.70%
Thermo Fisher Scientific0.69%
Intel Corporation0.68%
Rtx0.68%
Wells Fargo0.67%
Goldman Sachs Group0.66%
Linde PLC0.63%
International Business Machines Co0.61%
Morgan Stanley0.54%
Walt Disney0.54%
Mcdonalds Corp0.52%
Verizon Communications Inc0.51%
Abbott Laboratories0.51%
BlackRock0.48%
Welltower0.47%
Qualcomm0.46%
Pepsico0.45%
Salesforce0.45%
Pfizer0.44%
Conocophillips0.44%
Deere0.44%
Union Pacific0.43%
Accenture PLC Class A0.42%
Danaher0.39%
AT&T0.38%
S&P Global0.37%
Chubb0.34%
Lowes Companies Inc0.33%
Medtronic PLC0.33%
Capital One Financial Corp0.32%
Uber Technologies0.32%
Prologis Reit0.32%
American Express0.32%
Parker-Hannifin0.31%
Stryker0.30%
Eaton PLC0.30%
Cme Group Class A0.29%
Southern0.28%
Duke Energy Corp0.26%

Only in REVS

16 securities, 5.3% of REVS by weight

Elevance Health Inc1.25%
Conocophillips1.23%
Allstate Corp/The0.68%
Crh PLC0.66%
Accenture PLC0.61%
Ball Corp0.17%
Everest Group Ltd0.16%
Aptiv PLC0.16%
Pentair PLC0.12%
Gap Inc/The0.09%
Axalta Coating Systems Ltd0.08%
Anglogold Ashanti PLC0.05%
Medical Properties Trust Inc<0.01%
Roku Inc<0.01%
Walgreen Boots Alliance Inc -Cvr<0.01%
Hologic Inc - Cvr0.00%

Weight gaps

The 100 widest of 286 Holdings in both funds.

Holding weights in IWD and REVS, widest gap first
Holding	Gap	IWD	REVS
AppleAAPL	REVS +2.73 points	6.02%	8.75%
MicrosoftMSFT	REVS +2.45 points	5.23%	7.68%
Bank of AmericaBAC	REVS +2.19 points	0.79%	2.98%
Altria Group IncMO	REVS +2.11 points	0.34%	2.45%
ChevronCVX	REVS +1.86 points	1.05%	2.91%
Bristol Myers SquibbBMY	REVS +1.34 points	0.34%	1.68%
Meta Platforms Class AMETA	REVS +1.28 points	0.65%	1.93%
TjxTJX	REVS +1.25 points	0.22%	1.47%
General MotorsGM	REVS +1.24 points	0.20%	1.44%
CitigroupC	REVS +1.21 points	0.45%	1.66%
Target CorpTGT	REVS +1.06 points	0.19%	1.25%
Cvs HealthCVS	REVS +1.04 points	0.29%	1.33%
ProgressivePGR	REVS +1.04 points	0.35%	1.39%
Charles SchwabSCHW	REVS +1.03 points	0.37%	1.40%
NewmontNEM	REVS +1.00 points	0.34%	1.34%
Starbucks CorpSBUX	REVS +0.81 points	0.14%	0.95%
Ford Motor CoF	REVS +0.79 points	0.13%	0.92%
CignaCI	REVS +0.78 points	0.20%	0.98%
MarshMRSH	REVS +0.75 points	0.26%	1.01%
Equinix ReitEQIX	REVS +0.74 points	0.26%	1.00%
Nextera EnergyNEE	REVS +0.73 points	0.48%	1.21%
Colgate-PalmoliveCL	REVS +0.71 points	0.12%	0.83%
Bank of New York Mellon CorpBNY	REVS +0.71 points	0.25%	0.96%
General Dynamics CorpGD	REVS +0.71 points	0.24%	0.95%
Us BancorpUSB	REVS +0.66 points	0.25%	0.91%
Automatic Data Processing IncADP	REVS +0.66 points	0.20%	0.86%
Becton DickinsonBDX	REVS +0.64 points	0.15%	0.79%
KrogerKR	REVS +0.61 points	0.10%	0.71%
D R HortonDHI	REVS +0.58 points	0.10%	0.68%
Fedex CorpFDX	REVS +0.54 points	0.18%	0.72%
Iqvia Holdings IncIQV	REVS +0.47 points	0.12%	0.59%
Illinois Tool IncITW	REVS +0.46 points	0.15%	0.61%
Phillips 66PSX	REVS +0.45 points	0.25%	0.69%
Truist FinancialTFC	REVS +0.44 points	0.16%	0.60%
Dollar General CorpDG	REVS +0.43 points	0.08%	0.51%
Paccar IncPCAR	REVS +0.42 points	0.14%	0.56%
Comcast Class ACMCSA	REVS +0.41 points	0.23%	0.64%
Valero Energy CorpVLO	REVS +0.41 points	0.23%	0.64%
Delta Air LinesDAL	REVS +0.39 points	0.13%	0.52%
PultegroupPHM	REVS +0.38 points	0.07%	0.45%
MetlifeMET	REVS +0.38 points	0.14%	0.52%
Cisco Systems IncCSCO	REVS +0.38 points	0.98%	1.36%
Ferguson EnterprisesFERG	REVS +0.35 points	0.11%	0.46%
Illumina IncILMN	REVS +0.34 points	0.09%	0.43%
MsciMSCI	REVS +0.35 points	0.11%	0.46%
Cardinal HealthCAH	REVS +0.33 points	0.09%	0.42%
State StreetSTT	REVS +0.32 points	0.12%	0.44%
Kraft HeinzKHC	REVS +0.31 points	0.06%	0.37%
Centene CorpCNC	REVS +0.32 points	0.08%	0.40%
Prudential Financial IncPRU	REVS +0.31 points	0.11%	0.42%
General Mills IncGIS	REVS +0.30 points	0.05%	0.35%
Best BuyBBY	REVS +0.29 points	0.05%	0.34%
Tyson Foods Inc Class ATSN	REVS +0.28 points	0.04%	0.32%
Cummins IncCMI	REVS +0.28 points	0.09%	0.37%
Cboe Global MarketsCBOE	REVS +0.27 points	0.10%	0.37%
Otis WorldwideOTIS	REVS +0.25 points	0.08%	0.33%
VeraltoVLTO	REVS +0.24 points	0.08%	0.32%
American Tower ReitAMT	REVS +0.24 points	0.08%	0.32%
ViatrisVTRS	REVS +0.23 points	0.06%	0.29%
Northern TrustNTRS	REVS +0.22 points	0.08%	0.30%
AramarkARMK	REVS +0.22 points	0.04%	0.26%
Tenet Healthcare CorpTHC	REVS +0.22 points	0.06%	0.28%
Toll Brothers IncTOL	REVS +0.21 points	0.04%	0.25%
Raymond JamesRJF	REVS +0.22 points	0.07%	0.29%
Zimmer Biomet HoldingsZBH	REVS +0.22 points	0.05%	0.27%
Entergy CorpETR	REVS +0.20 points	0.14%	0.34%
Ppg IndustriesPPG	REVS +0.21 points	0.07%	0.28%
Occidental Petroleum CorpOXY	REVS +0.19 points	0.11%	0.30%
Broadridge Financial Solutions IncBR	REVS +0.19 points	0.06%	0.25%
Expeditors International of WashinEXPD	REVS +0.19 points	0.06%	0.25%
Vici Pptys IncVICI	REVS +0.19 points	0.07%	0.26%
Exelon CorpEXC	REVS +0.19 points	0.12%	0.31%
Regions FinancialRF	REVS +0.18 points	0.06%	0.24%
RevvityRVTY	REVS +0.17 points	0.05%	0.22%
Synchrony FinancialSYF	REVS +0.18 points	0.06%	0.24%
Consolidated EdisonED	REVS +0.17 points	0.12%	0.29%
T Rowe Price GroupTROW	REVS +0.17 points	0.06%	0.23%
Packaging Corp of AmericaPKG	REVS +0.17 points	0.06%	0.23%
FortiveFTV	REVS +0.17 points	0.05%	0.22%
Deckers OutdoorDECK	REVS +0.16 points	0.03%	0.19%
Coca Cola ConsolidatedCOKE	REVS +0.16 points	0.03%	0.19%
Wayfair Class AW	REVS +0.16 points	0.03%	0.19%
Charles River Laboratories InternaCRL	REVS +0.17 points	0.04%	0.21%
BorgwarnerBWA	REVS +0.15 points	0.03%	0.18%
Reliance Steel & AluminumRS	REVS +0.15 points	0.06%	0.21%
Jazz Pharmaceuticals PLCJAZZ	REVS +0.15 points	0.04%	0.19%
Cf Industries Holdings IncCF	REVS +0.15 points	0.05%	0.20%
Snap On IncSNA	REVS +0.15 points	0.05%	0.20%
Sba Communications Reit Corp ClassSBAC	REVS +0.15 points	0.05%	0.20%
Ross Stores IncROST	REVS +0.15 points	0.02%	0.17%
Analog DevicesADI	REVS +0.14 points	0.44%	0.58%
NvrNVR	REVS +0.14 points	0.03%	0.17%
Leidos HoldingsLDOS	REVS +0.14 points	0.04%	0.18%
Southwest AirlinesLUV	REVS +0.13 points	0.05%	0.18%
Jb Hunt Transport ServicesJBHT	REVS +0.14 points	0.04%	0.18%
NordsonNDSN	REVS +0.14 points	0.04%	0.18%
Stanley Black & DeckerSWK	REVS +0.13 points	0.05%	0.18%
Reinsurance Group of AmericaRGA	REVS +0.12 points	0.05%	0.17%
Baxter InternationalBAX	REVS +0.12 points	0.04%	0.16%
AmerenAEE	REVS +0.13 points	0.08%	0.21%

All 869 IWD holdings⁠All 308 REVS 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 REVS Cost

Overpaying REVS vs IWD

$406

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

IWD 0.18%
$3,749
REVS 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

IWD 0.18%
REVS 0.20%
Overpaying

Year by year

Year	IWD	REVS	Overpaying
10	$328	$365	$37
20	$1,281	$1,421	$140
30	$3,749	$4,155	$406

Expense ratio

0.18%IWD, cheaper
0.20%REVS

IWD0.18%REVS0.20%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

IWD 16th cheapest of 40 funds

REVS 19th cheapest of 40 funds

IWD vs REVS Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IWD 1.34%; REVS 1.73%, better
Payout (12M): IWD $3.53; REVS $0.60
Last payment: IWD $0.93; REVS $0.60
Ex-dividend: IWD Sep 15, 2026; REVS Dec 18, 2025
Paid on: IWD Sep 18, 2026; REVS Dec 26, 2025
Frequency: IWD Quarterly; REVS Annual

Distribution history

Per share, 2017 to 2026, same scale for both

IWDQuarterly · 39 paymentsAll IWD payments⁠

REVSAnnual · 7 paymentsAll REVS payments⁠

IWD vs REVS Risk

Fall from peak · 5 years

IWD
REVS

Risk facts

VolatilityStd dev, 3 years: IWD 12.1%REVS 11.9%, better
Return per unit of riskSharpe ratio, 3 years: IWD 1.42REVS 1.46, better
Worst fallMax drawdown, 5 years: IWD −19.0%REVS −18.1%, better
Market sensitivityBeta, 5 years: IWD 0.85REVS 0.77; Market = 1

IWD and REVS in the news

All news⁠

Best ETFs
Best large-cap value ETFs: Vanguard’s VTV at 0.03%, or VONV for the Russell 1000 Value
Updated Nov 3, 2026IWD
Head-to-Head
IWD vs VBR: a lower fee does not buy the other value portfolio
Nov 2, 2026IWD
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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IWD vs REVS

In short

Stated mandate

Why people hold it