DIA vs IWD: Holdings Overlap
DIAState Street® SPDR® Dow Jones Industrial Average® ETF Trust
State Street (SPDR) · 30 holdings · $47.6B · as of 2026-08-06
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 128 days apart (DIA: 2026-08-06, IWD: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DIA and IWD?
State Street® SPDR® Dow Jones Industrial Average® ETF Trust (DIA, by State Street (SPDR)) holds 30 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 25 holdings in common, and by portfolio weight the two funds are 21.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25DIA holds 30 · IWD holds 866
- Weight in Shared Holdings
- DIA 82%·IWD 22%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DIA
5 of 30 positions (18.1% of the fund) are not held by IWD.
Sector Breakdown
| Sector | DIA | IWD |
|---|---|---|
| Financials | 27.4% | 20.0% |
| Information Technology | 17.3% | 11.7% |
| Industrials | 16.7% | 13.4% |
| Health Care | 13.2% | 11.7% |
| Consumer Discretionary | 10.4% | 7.0% |
| Other Sectors | 15.0% | 36.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DIA | +2.1% | +13.2% | +24.6% | +16.9% | +10.8% | +13.5% | 1.33% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DIA vs IWD →
Shared Holdings(25)
The top 10 shared positions account for 70% of the overlap, led by JPM, GOOGL and JNJ.
 JPMJPMorgan Chase & Co. COM | 3.93% | 2.63% | 2.63% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 3.94% | 1.95% | 1.95% |
 JNJJohnson & Johnson COM | 2.83% | 1.94% | 1.94% |
 AMZNAmazon.com, Inc. COM | 3.00% | 1.81% | 1.81% |
 CVXChevron Corp. COM | 2.09% | 1.28% | 1.28% |
 WMTWalmart Inc COM | 1.24% | 1.60% | 1.24% |
 PGThe Procter & Gamble Co. COM | 1.62% | 1.12% | 1.12% |
 CSCOCisco Systems, Inc. COM | 1.33% | 1.02% | 1.02% |
 MRKMerck & Co., Inc COM | 1.42% | 0.98% | 0.98% |
 CATCaterpillar Inc COM | 9.45% | 0.95% | 0.95% |
 UNHUnitedHealth Group Inc. COM | 4.45% | 0.81% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 11.38% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 2.57% | 0.74% | 0.74% |
 MCDMcDonald's Corp. COM | 3.05% | 0.69% | 0.69% |
 DISWalt Disney Company COM | 1.15% | 0.56% | 0.56% |
 KOCoca-Cola Co (The) COM | 0.96% | 0.50% | 0.50% |
 CRMSalesforce Inc. COM | 2.06% | 0.50% | 0.50% |
 BABoeing Co. (The) | 2.56% | 0.43% | 0.43% |
 AXPAmerican Express Company COM | 3.78% | 0.36% | 0.36% |
 HDHome Depot, Inc. (The) | 3.85% | 0.26% | 0.26% |
 MMM3M Company COM | 1.99% | 0.21% | 0.21% |
 TRVTravelers Companies, Inc. COM | 4.26% | 0.21% | 0.21% |
 NKENIKE, Inc., Class B | 0.46% | 0.20% | 0.20% |
 AMGNAmgen Inc. COM | 4.46% | 0.16% | 0.16% |
 SHWThe Sherwin-Williams Company COM | 4.01% | 0.02% | 0.02% |
Frequently Asked Questions
How much do DIA and IWD overlap?
DIA and IWD overlap by 21.3% of portfolio weight. They share 25 holdings (DIA holds 30 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DIA and IWD?
The two portfolios are 21.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DIA and IWD?
The largest positions held by both funds are JPM, GOOGL, JNJ, AMZN and CVX. Together the top 10 shared positions account for 70% of the total overlap.
What does DIA own that IWD doesn't?
5 positions (18.1% of DIA) are unique to DIA, led by MSFT, V and AAPL. In the other direction, 841 positions (78.1% of IWD) are unique to IWD.