IGV vs VTWO: Holdings Overlap
IGViShares Expanded Tech-Software Sector ETF
iShares · 112 holdings · $14.7B · as of 2026-03-31
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (IGV: 2026-03-31, VTWO: 2026-05-31). 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 IGV and VTWO?
iShares Expanded Tech-Software Sector ETF (IGV, by iShares) holds 112 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 48 holdings in common, and by portfolio weight the two funds are 4.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48IGV holds 112 · VTWO holds 1952
- Weight in Shared Holdings
- IGV 5%·VTWO 5%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 IGV
64 of 112 positions (94.9% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1904 of 1952 positions (94.9% of the fund) are not held by IGV. Showing the top 30 by weight.
Sector Breakdown
| Sector | IGV | VTWO |
|---|---|---|
| Information Technology | 90.6% | 17.8% |
| Industrials | 0.2% | 19.4% |
| Health Care | 0.0% | 15.5% |
| Financials | 0.2% | 14.3% |
| Communication Services | 8.2% | 2.5% |
| Other Sectors | 0.2% | 25.5% |
| Unclassified | 0.5% | 4.8% |
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. “Unclassified” is weight we could not classify (0% of IGV, 5% of VTWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IGV | +9.1% | -2.8% | -6.3% | +13.8% | +4.6% | +16.7% | 0.02% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 IGV vs VTWO →
Shared Holdings(48)
The top 10 shared positions account for 44% of the overlap, led by QBTS, WULF and CWAN.
 QBTSD-Wave Quantum Inc. COM | 0.23% | 0.32% | 0.23% |
|---|---|---|---|
 WULFTerawulf Inc COM | 0.20% | 0.26% | 0.20% |
 CWANClearwater Analytics Holdings, Inc., Class A | 0.29% | 0.20% | 0.20% |
 CORZCore Scientific Inc COM | 0.20% | 0.23% | 0.20% |
 HUTHut 8 Corp. COM | 0.19% | 0.36% | 0.19% |
 IDCCInterDigital, Inc. COM | 0.33% | 0.19% | 0.19% |
 RIOTRiot Platforms Inc COM | 0.17% | 0.28% | 0.17% |
 CIFRCipher Digital Inc. COM | 0.16% | 0.23% | 0.16% |
 CVLTCommvault Systems Inc. COM | 0.15% | 0.15% | 0.15% |
 YOUClear Secure, Inc., Class A | 0.18% | 0.14% | 0.14% |
 ZETAZeta Global Holdings Corp., Class A | 0.14% | 0.14% | 0.14% |
 ACIWACI Worldwide Inc COM | 0.18% | 0.13% | 0.13% |
 MARAMara Holdings Inc COM | 0.13% | 0.16% | 0.13% |
 QLYSQualys Inc COM | 0.13% | 0.12% | 0.12% |
 BOXBox, Inc., Class A | 0.14% | 0.11% | 0.11% |
 VRNSVaronis Systems Inc COM | 0.11% | 0.12% | 0.11% |
 SOUNSoundHound AI Inc CLASS A COM | 0.11% | 0.10% | 0.10% |
 CLSKCleanSpark Inc. COM NEW | 0.09% | 0.14% | 0.09% |
 QTWOQ2 Holdings Inc COM | 0.13% | 0.09% | 0.09% |
 TENBTenable Holdings Inc COM | 0.09% | 0.10% | 0.09% |
 ADEAAdeia Inc. COM | 0.11% | 0.09% | 0.09% |
 WKWorkiva, Inc., Class A | 0.13% | 0.07% | 0.07% |
 RAMPLiveramp Holdings Inc COM | 0.07% | 0.07% | 0.07% |
 BRZEBraze, Inc., Class A | 0.10% | 0.07% | 0.07% |
 AGYSAgilysys Inc COM | 0.08% | 0.07% | 0.07% |
Frequently Asked Questions
How much do IGV and VTWO overlap?
IGV and VTWO overlap by 4.2% of portfolio weight. They share 48 holdings (IGV holds 112 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IGV and VTWO?
The two portfolios are 4.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IGV and VTWO?
The largest positions held by both funds are QBTS, WULF, CWAN, CORZ and HUT. Together the top 10 shared positions account for 44% of the total overlap.
What does IGV own that VTWO doesn't?
64 positions (94.9% of IGV) are unique to IGV, led by PLTR, MSFT and ORCL. In the other direction, 1904 positions (94.9% of VTWO) are unique to VTWO.