LRGF vs VONV: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor ETF

LRGFANYSE Arca

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

45.4%by weight

Expense ratio

VONV −0.02pt a year

LRGF0.08%VONV0.06%

Avg volume · 30D

VONV 4.5×the volume

LRGF172KVONV774K

10Y return · a year

LRGF +1.8pt

LRGF+14.0%VONV+12.2%

LRGF vs VONV Performance

Nov 2, 2021 – Nov 2, 2026

+82.7%LRGF+72.9%VONV

Expense ratio: LRGF 0.08%; VONV 0.06%, better
Fund size: LRGF $3.65B; VONV $23.3B
1Y total return: LRGF +10.5%; VONV +28.9%, better
Yield (12M): LRGF 1.08%; VONV 1.53%, better
Holdings: LRGF 305; VONV 887
Avg volume (30D): LRGF 172K sh; VONV 774K sh, better
NAV per share: LRGF $76.99; VONV $113.44
52W range

ETF.net Grade

Pillar letters and Scores for LRGF, VONV, with each pillar’s weight
Pillar	LRGF	VONV
Cost30% weight	A95	A96Higher
Mission25% weight	A93	A100Higher
Risk15% weight	C54	A86Higher
Tradability15% weight	A77Higher	B60
Holdings10% weight	D39	C49Higher
Durability5% weight	A86	A93Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. LRGF and VONV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

VONV ranks 1st and LRGF 5th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 5AIUSGiShares Core S&P U.S. Growth ETFScore 79
Rank 5ALRGFiShares U.S. Equity Factor ETFScore 79
Rank 5AQUSState Street SPDR MSCI USA StrategicFactors ETFScore 79

Our read on each fund

ETF.net Research

LRGFAiShares U.S. Equity Factor ETF

VONVAVanguard Russell 1000 Value ETF

In short

LRGF Four factor tilts (value, quality, momentum, low volatility) blended into one roughly 300-stock U.S. portfolio, priced at 0.08%: a fraction of what the typical multifactor fund charges.

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

Stated mandate

LRGF The fund seeks to track an index of U.S. stocks selected through value, quality, momentum, low-volatility, and size factors. It is positioned as a diversified core U.S. equity portfolio using a multifactor strategy.

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

Why people hold it

LRGF Charges 0.08% a year against a 0.32% median for multifactor peers. Factor machinery at close to plain index-fund pricing.
One ticker, four screens: value, quality, momentum and low volatility, spread across about 300 U.S. stocks instead of a single-factor bet.ishares.com
Live since 2015 and now a multi-billion-dollar iShares fund that pays quarterly. This strategy has been through real market cycles, not a backtest.
Stands in the top quartile of a 107-fund multifactor cohort, one of the stronger implementations in a very crowded field.

VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes quarterly.

Worth knowing

LRGF Blending four factors can mute any single one, and the mix can drift from a plain cap-weighted large-cap index in either direction.
Straight-style peers go cheaper still: IUSG and VYM run at 0.04%. The factor engineering carries a small premium over vanilla exposure.
Moderately traded rather than one of the category's most active names, so order size and timing matter more than with the largest core funds.

VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full LRGF profile⁠

Full VONV profile⁠

LRGF vs VONV Holdings

How LRGF and VONV differ

Overlap by weight

45.4%

Shared holdings make up 66.9% of VONV and 64.7% of LRGF.

Level by level

Holdings215 in both45.4%
Sector11 Sectors78.9%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in LRGF and VONV, widest gap first
Sector	More in LRGFMore in VONV	LRGF	VONV
Technology	LRGF +15.3 points	37.2%	21.9%
Financials	VONV +6.1 points	11.8%	17.9%
Communication	LRGF +5.9 points	9.3%	3.4%
Energy	VONV +2.8 points	3.4%	6.2%
Health Care	VONV +2.8 points	10.6%	13.4%
Consumer Staples	VONV +2.6 points	4.6%	7.2%
Real Estate	VONV +2.4 points	1.1%	3.5%
Materials	VONV +1.6 points	1.7%	3.3%
Industrials	VONV +1.5 points	8.0%	9.5%
Utilities	VONV +1.4 points	2.0%	3.4%
Consumer Discretionary	VONV +0.1 points	10.3%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in LRGF and VONV, widest gap first
Country	More in LRGFMore in VONV	LRGF	VONV
United States	VONV +0.8 points	99.2%	100.0%
Other countries (6)	LRGF +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

LRGF34.5%
VONV29.8%

Securities held

LRGF302
VONV883

Asset class

LRGF: Equity
VONV: Equity

Holdings

Only in LRGF87
In both215
Only in VONV668

Only in LRGF

87 securities, 35.2% of LRGF by weight

NVIDIA7.00%
Alphabet Class C3.25%
Broadcom Inc2.41%
Eli Lilly1.46%
Visa Class A1.40%
Micron Technology1.27%
Tesla Inc1.27%
Advanced Micro Devices0.97%
Ge Aerospace0.77%
Aercap Holdings0.65%
Mastercard Class A0.65%
Palantir Technologies Class A0.63%
Booking Holdings0.61%
Lam Research0.61%
Alphabet Class A0.60%
Kla0.43%
Trane Technologies PLC0.43%
Applied Material Inc0.43%
Caterpillar Inc0.40%
Arista Networks0.35%
Crowdstrike Holdings Class A0.35%
Medpace Holdings0.33%
Atlassian Corp Class A0.32%
Seagate Technology Holdings PLC0.31%
Expedia Group0.31%
Spotify Technology0.30%
Ge Vernova0.29%
Fortinet0.29%
Applovin Class A0.28%
Tapestry0.28%
Sandisk0.26%
Te Connectivity PLC0.25%
Oscar Health Class A0.24%
Oracle0.23%
Howmet Aerospace0.23%
Cintas0.22%
Netflix0.21%
Amphenol Corp Class A0.21%
Simon Property Group Reit Inc0.21%
Jabil0.20%
Vistra0.19%
Lockheed Martin0.19%
Halozyme Therapeutics0.18%
Emcor Group0.18%
Lumentum Holdings0.17%
Palo Alto Networks0.16%
Marvell Technology0.15%
Sterling Infrastructure0.15%
Western Digital Corp0.15%
Procore Technologies Inc0.15%

Only in VONV

668 securities, 32.9% of VONV by weight

Welltower Inc0.46%
Deere & Co0.46%
ConocoPhillips0.42%
Union Pacific Corp0.41%
Charles Schwab Corp/The0.41%
Danaher Corp0.38%
Vertex Pharmaceuticals Inc0.36%
Prologis Inc0.34%
Progressive Corp/The0.33%
Capital One Financial Corp0.32%
Accenture PLC0.31%
Lowe's Cos Inc0.28%
Freeport-McMoRan Inc0.27%
Equinix Inc0.27%
Phillips 660.26%
US Bancorp0.25%
PNC Financial Services Group Inc/The0.24%
CSX Corp0.24%
Intercontinental Exchange Inc0.23%
Williams Cos Inc/The0.23%
Marsh & McLennan Cos Inc0.23%
Synopsys Inc0.22%
T-Mobile US Inc0.22%
Comcast Corp0.21%
Regeneron Pharmaceuticals Inc0.21%
Warner Bros Discovery Inc0.20%
Home Depot Inc/The0.20%
SLB Ltd0.20%
Moderna Inc0.19%
O'Reilly Automotive Inc0.19%
Norfolk Southern Corp0.19%
Honeywell International Inc0.18%
Digital Realty Trust Inc0.18%
American Electric Power Co Inc0.18%
FedEx Corp0.17%
HCA Healthcare Inc0.17%
Air Products and Chemicals Inc0.17%
United Parcel Service Inc0.16%
Arthur J Gallagher & Co0.16%
Aon PLC0.16%
PACCAR Inc0.16%
AMETEK Inc0.16%
Truist Financial Corp0.16%
Waste Management Inc0.15%
Baker Hughes Co0.15%
Sherwin-Williams Co/The0.15%
Strategy Inc0.15%
ONEOK Inc0.15%
Dominion Energy Inc0.15%
Cheniere Energy Inc0.14%

Weight gaps

The 100 widest of 215 Holdings in both funds.

Holding weights in LRGF and VONV, widest gap first
Holding	More in LRGFMore in VONV	LRGF	VONV
Amazon.com IncAMZN	VONV +3.04 points	3.04%	6.08%
Berkshire Hathaway Inc Class BBRK.B	VONV +2.06 points	0.49%	2.55%
Intel CorporationINTC	VONV +1.22 points	0.29%	1.51%
AppleAAPL	LRGF +1.10 points	7.16%	6.06%
Meta Platforms Class AMETA	LRGF +1.05 points	1.85%	0.80%
JPMorgan Chase & CoJPM	VONV +0.92 points	1.51%	2.43%
Bank of New York Mellon CorpBNY	LRGF +0.74 points	0.99%	0.25%
Exxonmobil Holdings CorpXOM	VONV +0.69 points	1.15%	1.84%
Thermo Fisher ScientificTMO	VONV +0.66 points	0.03%	0.69%
Cisco Systems IncCSCO	VONV +0.61 points	0.56%	1.17%
UnitedHealth GroupUNH	VONV +0.61 points	0.30%	0.91%
Merck & Co IncMRK	VONV +0.60 points	0.39%	0.99%
Altria Group IncMO	LRGF +0.55 points	0.86%	0.31%
Johnson & JohnsonJNJ	VONV +0.52 points	1.23%	1.75%
EbayEBAY	LRGF +0.50 points	0.59%	0.09%
Walt DisneyDIS	VONV +0.48 points	0.02%	0.50%
General MotorsGM	LRGF +0.47 points	0.66%	0.19%
Bank of AmericaBAC	VONV +0.45 points	0.45%	0.90%
Travelers CompaniesTRV	LRGF +0.44 points	0.64%	0.20%
Marathon PetroleumMPC	LRGF +0.43 points	0.59%	0.16%
Space Exploration Technologies CorSPCX	LRGF +0.44 points	0.46%	0.02%
Costco Wholesale CorpCOST	VONV +0.42 points	0.20%	0.62%
Ralph Lauren Class ARL	LRGF +0.41 points	0.42%	0.01%
Morgan StanleyMS	VONV +0.40 points	0.18%	0.58%
Philip Morris InternationalPM	VONV +0.40 points	0.42%	0.82%
ChevronCVX	VONV +0.39 points	0.65%	1.04%
Williams Sonoma IncWSM	LRGF +0.38 points	0.44%	0.06%
Amgen IncAMGN	LRGF +0.37 points	0.55%	0.18%
RtxRTX	VONV +0.36 points	0.33%	0.69%
Mckesson CorpMCK	LRGF +0.35 points	0.37%	0.02%
DocusignDOCU	LRGF +0.34 points	0.37%	0.03%
Procter & GamblePG	VONV +0.33 points	0.60%	0.93%
Nextera EnergyNEE	VONV +0.32 points	0.11%	0.43%
BlackRockBLK	VONV +0.31 points	0.13%	0.44%
Technipfmc PLCFTI	LRGF +0.32 points	0.36%	0.04%
Mcdonalds CorpMCD	VONV +0.29 points	0.16%	0.45%
Coca-ColaKO	VONV +0.29 points	0.52%	0.81%
ChubbCB	VONV +0.28 points	0.03%	0.31%
CitigroupC	VONV +0.28 points	0.22%	0.50%
Mueller Industries IncMLI	LRGF +0.27 points	0.31%	0.04%
Exelon CorpEXC	LRGF +0.27 points	0.38%	0.11%
State StreetSTT	LRGF +0.27 points	0.40%	0.13%
SalesforceCRM	VONV +0.26 points	0.24%	0.50%
Synchrony FinancialSYF	LRGF +0.27 points	0.33%	0.06%
Ge Healthcare TechnologiesGEHC	LRGF +0.26 points	0.34%	0.08%
KrogerKR	LRGF +0.26 points	0.35%	0.09%
Northern TrustNTRS	LRGF +0.26 points	0.34%	0.08%
Interactive Brokers Group Inc ClasIBKR	LRGF +0.26 points	0.32%	0.06%
SharkninjaSN	LRGF +0.25 points	0.29%	0.04%
QualcommQCOM	VONV +0.25 points	0.28%	0.53%
Affiliated Managers GroupAMG	LRGF +0.25 points	0.28%	0.03%
Best BuyBBY	LRGF +0.25 points	0.30%	0.05%
Fox Class AFOXA	LRGF +0.25 points	0.28%	0.03%
Brixmor Property Group Reit IncBRX	LRGF +0.23 points	0.25%	0.02%
Abbott LaboratoriesABT	VONV +0.23 points	0.24%	0.47%
Parker-HannifinPH	VONV +0.22 points	0.11%	0.33%
WalmartWMT	VONV +0.22 points	0.92%	1.14%
American International GroupAIG	LRGF +0.21 points	0.32%	0.11%
Rubrik Class ARBRK	LRGF +0.20 points	0.22%	0.02%
International Business Machines CoIBM	VONV +0.21 points	0.36%	0.57%
HasbroHAS	LRGF +0.20 points	0.23%	0.03%
EtsyETSY	LRGF +0.20 points	0.21%	<0.01%
Host Hotels & Resorts ReitHST	LRGF +0.20 points	0.24%	0.04%
Elevance Health IncELV	VONV +0.20 points	0.03%	0.23%
StrykerSYK	VONV +0.19 points	0.07%	0.26%
Bristol Myers SquibbBMY	LRGF +0.19 points	0.54%	0.35%
Millicom International CellularTIGO	LRGF +0.19 points	0.21%	0.02%
Eog ResourcesEOG	VONV +0.19 points	0.01%	0.20%
Analog DevicesADI	VONV +0.17 points	0.32%	0.49%
Okta Class AOKTA	LRGF +0.18 points	0.27%	0.09%
Exelixis IncEXEL	LRGF +0.17 points	0.20%	0.03%
MicrosoftMSFT	LRGF +0.17 points	5.40%	5.23%
Goldman Sachs GroupGS	VONV +0.16 points	0.51%	0.67%
CraneCR	LRGF +0.16 points	0.19%	0.03%
AbbVieABBV	VONV +0.16 points	1.01%	1.17%
Veeva Systems Class AVEEV	LRGF +0.15 points	0.27%	0.12%
SouthernSO	VONV +0.15 points	0.11%	0.26%
Weatherford International PLCWFRD	LRGF +0.15 points	0.17%	0.02%
Ul Solutions Inc Class AULS	LRGF +0.15 points	0.16%	<0.01%
Guardant HealthGH	LRGF +0.15 points	0.16%	<0.01%
Cardinal HealthCAH	LRGF +0.15 points	0.23%	0.08%
S&P GlobalSPGI	VONV +0.15 points	0.17%	0.32%
Amer Sports IncAS	LRGF +0.15 points	0.16%	0.01%
Mettler ToledoMTD	LRGF +0.15 points	0.23%	0.08%
UgiUGI	LRGF +0.15 points	0.17%	0.02%
Gilead SciencesGILD	LRGF +0.14 points	0.65%	0.51%
Davita IncDVA	LRGF +0.14 points	0.16%	0.02%
Cirrus LogicCRUS	LRGF +0.14 points	0.16%	0.02%
Atmos EnergyATO	LRGF +0.14 points	0.21%	0.07%
Crh Public Limited PLCCRH	VONV +0.13 points	0.02%	0.15%
Idexx LaboratoriesIDXX	LRGF +0.13 points	0.15%	0.02%
Xp Class A IncXP	LRGF +0.14 points	0.16%	0.02%
Wayfair Class AW	LRGF +0.13 points	0.16%	0.03%
Boston ScientificBSX	VONV +0.13 points	0.05%	0.18%
Ford Motor CoF	LRGF +0.13 points	0.26%	0.13%
ApaAPA	LRGF +0.12 points	0.16%	0.04%
Tenet Healthcare CorpTHC	LRGF +0.12 points	0.18%	0.06%
Consolidated EdisonED	LRGF +0.12 points	0.22%	0.10%
Element Solutions IncESI	LRGF +0.12 points	0.14%	0.02%
General Dynamics CorpGD	VONV +0.12 points	0.11%	0.23%

All 302 LRGF holdings⁠All 872 VONV 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.

LRGF vs VONV Cost

Overpaying LRGF vs VONV

$419

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

LRGF 0.08%
$1,689
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

LRGF 0.08%
VONV 0.06%
Overpaying

Year by year

Year	LRGF	VONV	Overpaying
10	$147	$110	$37
20	$575	$432	$143
30	$1,689	$1,270	$419

Expense ratio

0.08%LRGF
0.06%VONV, cheaper

VONV0.06%LRGF0.08%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

LRGF 6th cheapest of 99 funds

LRGF vs VONV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): LRGF 1.08%; VONV 1.53%, better
Payout (12M): LRGF $0.83; VONV $1.74
Last payment: LRGF $0.20; VONV $0.42
Ex-dividend: LRGF Sep 15, 2026; VONV Sep 23, 2026
Paid on: LRGF Sep 18, 2026; VONV Sep 25, 2026
Frequency: LRGF Quarterly; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LRGFQuarterly · 40 paymentsAll LRGF payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

LRGF vs VONV Risk

Fall from peak · 5 years

LRGF
VONV

Risk facts

VolatilityStd dev, 3 years: LRGF 12.5%VONV 12.1%, better
Return per unit of riskSharpe ratio, 3 years: LRGF 1.43VONV 1.43
Worst fallMax drawdown, 5 years: LRGF −21.6%VONV −18.9%, better
Market sensitivityBeta, 5 years: LRGF 0.99VONV 0.85; Market = 1

LRGF and VONV in the news

All news⁠

Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026LRGFVONV
Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026VONV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VONV
ETF Filings
Tidal Trust III files to add a Wermers quantitative U.S. large-cap ETF
Sep 11, 2026LRGF

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LRGF vs VONV

In short

Stated mandate

Why people hold it