IJS vs PHO: Holdings Overlap
IJSiShares S&P Small-Cap 600 Value ETF
iShares · 458 holdings · $8.4B · as of 2026-03-31
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
Holdings snapshots are 30 days apart (IJS: 2026-03-31, PHO: 2026-04-30). 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 IJS and PHO?
iShares S&P Small-Cap 600 Value ETF (IJS, by iShares) holds 458 positions; Invesco Water Resources ETF (PHO, by Invesco) holds 36. They have 9 holdings in common, and by portfolio weight the two funds are 1.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9IJS holds 458 · PHO holds 36
- Weight in Shared Holdings
- IJS 2%·PHO 9%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 IJS
449 of 458 positions (97.0% of the fund) are not held by PHO. Showing the top 30 by weight.
Sector Breakdown
| Sector | IJS | PHO |
|---|---|---|
| Industrials | 12.4% | 55.4% |
| Financials | 20.6% | 0.0% |
| Consumer Discretionary | 15.4% | 0.0% |
| Information Technology | 9.8% | 13.0% |
| Utilities | 2.6% | 12.8% |
| Other Sectors | 36.8% | 16.3% |
| Unclassified | 0.9% | 2.5% |
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 (1% of IJS, 2% of PHO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IJS | +3.6% | +23.1% | +39.5% | +13.6% | +8.2% | +10.2% | 1.29% |
| PHO | +5.7% | +4.5% | +3.2% | +8.8% | +5.6% | +12.2% | 0.55% |
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 IJS vs PHO →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by HTO, FELE and MWA.
 HTOH2O America COM | 0.28% | 0.74% | 0.28% |
|---|---|---|---|
 FELEFranklin Electric Co Inc COM | 0.20% | 1.33% | 0.20% |
 MWAMueller Water Products, Inc. COM SER A | 0.19% | 1.17% | 0.19% |
 ITRIItron, Inc. COM | 0.19% | 2.70% | 0.19% |
 CWTCalifornia Water Service Group COM | 0.18% | 0.63% | 0.18% |
 LNNLindsay Corp COM | 0.16% | 0.44% | 0.16% |
 HWKNHawkins Inc COM | 0.14% | 0.98% | 0.14% |
 AWRAmerican States Water Co. COM | 0.13% | 0.70% | 0.13% |
 MSEXMiddlesex Water Co. COM | 0.06% | 0.23% | 0.06% |
Frequently Asked Questions
How much do IJS and PHO overlap?
IJS and PHO overlap by 1.5% of portfolio weight. They share 9 holdings (IJS holds 458 positions and PHO holds 36), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IJS and PHO?
The two portfolios are 1.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IJS and PHO?
The largest positions held by both funds are HTO, FELE, MWA, ITRI and CWT. Together the top 9 shared positions account for 100% of the total overlap.
What does IJS own that PHO doesn't?
449 positions (97.0% of IJS) are unique to IJS, led by EMN, LKQ and MTCH. In the other direction, 27 positions (91.1% of PHO) are unique to PHO.