IWD vs XLG: Holdings Overlap
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWD: 2026-03-31, XLG: 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 IWD and XLG?
iShares Russell 1000 Value ETF (IWD, by iShares) holds 866 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 33 holdings in common, and by portfolio weight the two funds are 30.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 30.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33IWD holds 866 · XLG holds 51
- Weight in Shared Holdings
- IWD 35%·XLG 48%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 IWD
833 of 866 positions (65.0% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWD | XLG |
|---|---|---|
| Information Technology | 11.7% | 43.7% |
| Financials | 20.0% | 9.6% |
| Communication Services | 7.9% | 17.0% |
| Industrials | 13.4% | 1.9% |
| Health Care | 11.7% | 7.0% |
| Other Sectors | 35.1% | 20.4% |
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 |
|---|---|---|---|---|---|---|---|
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 IWD vs XLG →
Shared Holdings(33)
The top 10 shared positions account for 55% of the overlap, led by BRK-B, JPM and GOOGL.
 BRK-BBerkshire Hathaway, Inc., Class B | 2.91% | 2.34% | 2.34% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 2.63% | 2.27% | 2.27% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.95% | 6.03% | 1.95% |
 AMZNAmazon.com, Inc. COM | 1.81% | 6.96% | 1.81% |
 XOMExxon Mobil Corp. COM | 2.36% | 1.73% | 1.73% |
 GOOGAlphabet Inc. CAP STK CL C | 1.59% | 4.80% | 1.59% |
 WMTWalmart Inc COM | 1.60% | 1.56% | 1.56% |
 JNJJohnson & Johnson COM | 1.94% | 1.49% | 1.49% |
 CVXChevron Corp. COM | 1.28% | 0.97% | 0.97% |
 CSCOCisco Systems, Inc. COM | 1.02% | 0.97% | 0.97% |
 BACBank of America Corp. COM | 0.97% | 0.95% | 0.95% |
 CATCaterpillar Inc COM | 0.95% | 1.11% | 0.95% |
 PGThe Procter & Gamble Co. COM | 1.12% | 0.92% | 0.92% |
 UNHUnitedHealth Group Inc. COM | 0.81% | 0.90% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 0.77% | 0.74% | 0.74% |
 METAMeta Platforms, Inc., Class A | 0.73% | 3.60% | 0.73% |
 MRKMerck & Co., Inc COM | 0.98% | 0.73% | 0.73% |
 PMPhilip Morris International Inc. COM | 0.85% | 0.69% | 0.69% |
 WFCWells Fargo & Co. COM | 0.81% | 0.68% | 0.68% |
 LINLinde PLC COM EUR0.001 | 0.77% | 0.63% | 0.63% |
 PEPPepsico Inc COM | 0.60% | 0.58% | 0.58% |
 IBMInternational Business Machines Corp. COM | 0.74% | 0.58% | 0.58% |
 MCDMcDonald's Corp. COM | 0.69% | 0.56% | 0.56% |
 VZVerizon Communications Inc. COM | 0.70% | 0.54% | 0.54% |
 KOCoca-Cola Co (The) COM | 0.50% | 0.82% | 0.50% |
Frequently Asked Questions
How much do IWD and XLG overlap?
IWD and XLG overlap by 30.5% of portfolio weight. They share 33 holdings (IWD holds 866 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWD and XLG?
The two portfolios are 30.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IWD and XLG?
The largest positions held by both funds are BRK-B, JPM, GOOGL, AMZN and XOM. Together the top 10 shared positions account for 55% of the total overlap.
What does IWD own that XLG doesn't?
833 positions (65.0% of IWD) are unique to IWD, led by MU, RTX and INTC. In the other direction, 18 positions (51.1% of XLG) are unique to XLG.