IHI vs SPSM: Holdings Overlap
IHIiShares U.S. Medical Devices ETF
iShares · 47 holdings · $3.4B · as of 2026-03-31
SPSMState Street® SPDR® Portfolio S&P 600™ Small Cap ETF
State Street (SPDR) · 604 holdings · $17.3B · as of 2026-08-06
Holdings snapshots are 128 days apart (IHI: 2026-03-31, SPSM: 2026-08-06). 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 IHI and SPSM?
iShares U.S. Medical Devices ETF (IHI, by iShares) holds 47 positions; State Street® SPDR® Portfolio S&P 600™ Small Cap ETF (SPSM, by State Street (SPDR)) holds 604. They have 13 holdings in common, and by portfolio weight the two funds are 2.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13IHI holds 47 · SPSM holds 604
- Weight in Shared Holdings
- IHI 4%·SPSM 2%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 IHI
34 of 47 positions (95.8% of the fund) are not held by SPSM. Showing the top 30 by weight.
Only in SPSM
591 of 604 positions (97.8% of the fund) are not held by IHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | IHI | SPSM |
|---|---|---|
| Health Care | 99.8% | 10.6% |
| Financials | 0.0% | 19.0% |
| Industrials | 0.0% | 17.4% |
| Consumer Discretionary | 0.0% | 13.9% |
| Information Technology | 0.0% | 12.8% |
| Other Sectors | 0.0% | 25.1% |
| Unclassified | 0.1% | 0.9% |
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 IHI, 1% of SPSM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IHI | +4.1% | -12.3% | -9.9% | +0.5% | -2.6% | +8.9% | 0.45% |
| SPSM | +2.4% | +24.5% | +36.5% | +14.6% | +7.7% | +10.9% | 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 IHI vs SPSM →
Shared Holdings(13)
The top 10 shared positions account for 90% of the overlap, led by GKOS, TFX and ITGR.
 GKOSGlaukos Corp. COM | 0.84% | 0.55% | 0.55% |
|---|---|---|---|
 TFXTeleflex Incorporated COM | 0.72% | 0.34% | 0.34% |
 ITGRInteger Holdings Corp. COM | 0.42% | 0.23% | 0.23% |
 TMDXTransMedics Group Inc. COM | 0.46% | 0.15% | 0.15% |
 LMATLemaitre Vascular Inc. COM | 0.31% | 0.09% | 0.09% |
 OMCLOmnicell Inc COM | 0.20% | 0.09% | 0.09% |
 INSPInspire Medical Systems Inc COM | 0.18% | 0.08% | 0.08% |
 ENOVEnovis Corporation COM | 0.18% | 0.08% | 0.08% |
 CNMDConmed Corporation COM | 0.15% | 0.08% | 0.08% |
 TNDMTandem Diabetes Care Inc COM NEW | 0.18% | 0.07% | 0.07% |
 IARTIntegra LifeSciences Holdings Corporation COM NEW | 0.09% | 0.06% | 0.06% |
 AORTArtivion Inc COM | 0.21% | 0.06% | 0.06% |
 QDELQuidelOrtho Corp COM | 0.15% | 0.06% | 0.06% |
Frequently Asked Questions
How much do IHI and SPSM overlap?
IHI and SPSM overlap by 2.0% of portfolio weight. They share 13 holdings (IHI holds 47 positions and SPSM holds 604), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IHI and SPSM?
The two portfolios are 2.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IHI and SPSM?
The largest positions held by both funds are GKOS, TFX, ITGR, TMDX and LMAT. Together the top 10 shared positions account for 90% of the total overlap.
What does IHI own that SPSM doesn't?
34 positions (95.8% of IHI) are unique to IHI, led by ABT, ISRG and SYK. In the other direction, 591 positions (97.8% of SPSM) are unique to SPSM.