IWB: iShares Russell 1000 ETF
iShares Russell 1000 ETF (IWB) is an exchange-traded fund (ETF) run by iShares (BlackRock). This fund owns about 1,000 of the largest companies in the United States. It charges 0.15% a year. From May 2000 to October 2026 it returned about 8.5% a year, and its worst drop was −55.4%.
Written by the Tactfolio research team. Fund facts checked October 16, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.15%
- about $15 on $10,000
- Return per year
- 8.5%
- since May 2000
- Worst drop
- −55.4%
- since 2000
- Started trading
- May 2000
- iShares (BlackRock)
Key points
- Expense ratio: 0.15% a year (about $15 on $10,000).
- Started trading on May 15, 2000.
- Worst drop since 2000: −55.4%.
- 1 Tactfolio classic strategy holds it.
What does IWB hold?#
This fund owns about 1,000 of the largest companies in the United States. That covers big and medium sized companies across many kinds of businesses. Its value goes up and down with the US stock market.
It tracks the Russell 1000 Index. It had 1,023 holdings as of October 15, 2026, according to iShares (BlackRock).
| Fact | IWB |
|---|---|
| Full name | iShares Russell 1000 ETF |
| Issuer | iShares (BlackRock) |
| Expense ratio | 0.15% a year |
| Started trading | May 15, 2000 |
| Tracks | Russell 1000 Index |
| Type | US stocks, ETF |
| Holdings | 1,023 holdings as of October 15, 2026 |
| Facts checked | October 16, 2026 on the iShares (BlackRock) fund page |
What is the IWB expense ratio?#
IWB charges 0.15% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.15% fee comes to about $15 a year.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
How has IWB done since 2000?#
From May 2000 to October 2026, IWB returned about 8.5% a year. Say you put in $10,000 at the start. It would have been worth about $87,148 at the end, with every dividend reinvested.
| Measure | IWB |
|---|---|
| Total return | 771.5% |
| Return per year (CAGR) | 8.5% |
| Worst drop from a high | −55.4% |
| Volatility (how much it swings) | 19.0% |
| Last 12 months | 16.1% |
| Last 3 years, per year | 21.6% |
| Last 5 years, per year | 12.0% |
| Last 10 years, per year | 15.1% |
Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
IWB returns by year#
| Year | IWB return |
|---|---|
| 2026 (part of the year) | 12.4% |
| 2025 | 17.2% |
| 2024 | 24.3% |
| 2023 | 26.4% |
| 2022 | −19.2% |
| 2021 | 26.3% |
| 2020 | 20.8% |
| 2019 | 31.1% |
| 2018 | −4.9% |
| 2017 | 21.5% |
| 2016 | 12.0% |
| 2015 | 0.8% |
| 2014 | 13.1% |
| 2013 | 32.8% |
| 2012 | 16.5% |
| 2011 | 1.2% |
| 2010 | 16.1% |
| 2009 | 28.3% |
| 2008 | −37.4% |
| 2007 | 5.3% |
| 2006 | 15.4% |
| 2005 | 6.3% |
| 2004 | 11.0% |
| 2003 | 30.1% |
| 2002 | −22.3% |
| 2001 | −12.1% |
| 2000 (part of the year) | −5.0% |
What was IWB’s worst drop?#
A drawdown is how far a fund falls from its last high point. IWB’s worst fall was −55.4%, from October 9, 2007 to March 9, 2009. It got back to that high on March 19, 2012.
The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
Which Tactfolio strategies hold IWB?#
One classic strategy holds IWB at least some of the time. Each is a set of written rules you can open, test and copy.
- Mama Bear Portfolio (Muscular Portfolios), by Brian Livingston, 2018
How does IWB compare with similar ETFs?#
Funds that can stand in for IWB:
- SCHX: Schwab U.S. Large-Cap ETF, 0.03% a year
- VV: Vanguard Morningstar Large-Cap ETF, 0.03% a year
- DIA: State Street SPDR Dow Jones Industrial Average ETF Trust, 0.16% a year
- SPYM: State Street SPDR Portfolio S&P 500 ETF, 0.02% a year
See all 8 IWB alternatives, compared on the same dates as IWB.
Test IWB in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add IWB, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for IWB. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.
Fund facts come from iShares (BlackRock). We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of IWB?#
IWB charges 0.15% a year, according to iShares (BlackRock) as of October 16, 2026. That is about $15 a year for every $10,000 you hold.
When did IWB start trading?#
IWB started trading on May 15, 2000. It is run by iShares (BlackRock).
What does IWB track?#
IWB tracks the Russell 1000 Index. This fund owns about 1,000 of the largest companies in the United States.
How much has IWB returned per year?#
From May 2000 to October 2026, IWB returned about 8.5% a year with dividends reinvested. Its worst drop was −55.4%. Past returns do not tell you what it will do next.
Which strategies use IWB?#
One of Tactfolio’s classic strategies hold IWB, including Mama Bear Portfolio (Muscular Portfolios).