IWD vs XLK: Holdings Overlap
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (IWD: 2026-03-31, XLK: 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 IWD and XLK?
iShares Russell 1000 Value ETF (IWD, by iShares) holds 866 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 47 holdings in common, and by portfolio weight the two funds are 10.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 47IWD holds 866 · XLK holds 73
- Weight in Shared Holdings
- IWD 11%·XLK 36%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
819 of 866 positions (89.2% of the fund) are not held by XLK. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWD | XLK |
|---|---|---|
| Information Technology | 11.7% | 99.9% |
| Financials | 20.0% | 0.0% |
| Industrials | 13.4% | 0.0% |
| Health Care | 11.7% | 0.0% |
| Communication Services | 7.9% | 0.0% |
| Other Sectors | 35.1% | 0.0% |
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% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
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 XLK →
Shared Holdings(47)
The top 10 shared positions account for 61% of the overlap, led by MU, CSCO and IBM.
 MUMicron Technology Inc. COM | 1.24% | 3.70% | 1.24% |
|---|---|---|---|
 CSCOCisco Systems, Inc. COM | 1.02% | 3.15% | 1.02% |
 IBMInternational Business Machines Corp. COM | 0.74% | 1.45% | 0.74% |
 INTCIntel Corporation COM | 0.64% | 3.11% | 0.64% |
 AMATApplied Materials Inc. COM | 0.64% | 2.77% | 0.64% |
 ADIAnalog Devices Inc. COM | 0.51% | 1.22% | 0.51% |
 CRMSalesforce Inc. COM | 0.50% | 1.01% | 0.50% |
 AMDAdvanced Micro Devices Inc. COM | 0.45% | 4.11% | 0.45% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.40% | 0.69% | 0.40% |
 QCOMQUALCOMM Inc. COM | 0.35% | 1.12% | 0.35% |
 GLWCorning Incorporated COM | 0.35% | 0.81% | 0.35% |
 TXNTexas Instruments Inc. COM | 0.34% | 1.67% | 0.34% |
 WDCWestern Digital Corp. COM | 0.30% | 1.03% | 0.30% |
 SNDKSandisk Corporation COM | 0.30% | 1.23% | 0.30% |
 MRVLMarvell Technology Inc COM | 0.26% | 1.22% | 0.26% |
 CIENCiena Corporation COM NEW | 0.18% | 0.38% | 0.18% |
 KEYSKeysight Technologies, Inc. COM | 0.16% | 0.38% | 0.16% |
 TERTeradyne Inc. COM | 0.15% | 0.40% | 0.15% |
 LITELumentum Holdings Inc. COM | 0.15% | 0.43% | 0.15% |
 DELLDell Technologies, Inc., Class C | 0.15% | 0.84% | 0.15% |
 MSIMotorola Solutions Inc COM NEW | 0.14% | 0.52% | 0.14% |
 COHRCoherent Corp COM | 0.14% | 0.43% | 0.14% |
 ROPRoper Technologies Inc COM | 0.13% | 0.26% | 0.13% |
 MCHPMicrochip Technology Incorporated COM | 0.11% | 0.27% | 0.11% |
 HPEHewlett Packard Enterprise Co. COM | 0.10% | 0.46% | 0.10% |
Frequently Asked Questions
How much do IWD and XLK overlap?
IWD and XLK overlap by 10.6% of portfolio weight. They share 47 holdings (IWD holds 866 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWD and XLK?
The two portfolios are 10.6% 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 IWD and XLK?
The largest positions held by both funds are MU, CSCO, IBM, INTC and AMAT. Together the top 10 shared positions account for 61% of the total overlap.
What does IWD own that XLK doesn't?
819 positions (89.2% of IWD) are unique to IWD, led by BRK-B, JPM and XOM. In the other direction, 26 positions (63.5% of XLK) are unique to XLK.