IWF vs QQEW: Holdings Overlap
IWFiShares Russell 1000 Growth ETF
iShares · 387 holdings · $127.3B · as of 2026-03-31
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
How similar are IWF and QQEW?
iShares Russell 1000 Growth ETF (IWF, by iShares) holds 387 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 42 holdings in common, and by portfolio weight the two funds are 23.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 42IWF holds 387 · QQEW holds 51
- Weight in Shared Holdings
- IWF 59%·QQEW 81%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 IWF
345 of 387 positions (40.6% of the fund) are not held by QQEW. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWF | QQEW |
|---|---|---|
| Information Technology | 49.2% | 49.6% |
| Health Care | 8.0% | 16.3% |
| Consumer Discretionary | 13.1% | 12.4% |
| Communication Services | 12.4% | 10.0% |
| Industrials | 6.7% | 7.7% |
| Other Sectors | 10.4% | 3.9% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWF | +2.7% | +5.5% | +13.1% | +22.0% | +12.6% | +17.8% | 0.35% |
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
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 IWF vs QQEW →
Shared Holdings(42)
The top 10 shared positions account for 67% of the overlap, led by AAPL, NVDA and AVGO.
 AAPLApple Inc. COM | 11.64% | 2.09% | 2.09% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 12.92% | 2.06% | 2.06% |
 AVGOBroadcom Inc COM | 4.79% | 2.03% | 2.03% |
 MSFTMicrosoft Corp. COM | 8.82% | 1.98% | 1.98% |
 METAMeta Platforms, Inc., Class A | 3.46% | 1.97% | 1.97% |
 NFLXNetflix, Inc. COM | 1.47% | 2.14% | 1.47% |
 PLTRPalantir Technologies, Inc., Class A | 1.15% | 1.98% | 1.15% |
 GOOGAlphabet Inc. CAP STK CL C | 2.87% | 0.98% | 0.98% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.54% | 0.98% | 0.98% |
 LRCXLam Research Corporation COM NEW | 0.97% | 1.91% | 0.97% |
 KLACKLA Corp. COM NEW | 0.70% | 2.01% | 0.70% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.59% | 1.97% | 0.59% |
 AMGNAmgen Inc. COM | 0.50% | 2.07% | 0.50% |
 BKNGBooking Holdings Inc COM | 0.46% | 1.99% | 0.46% |
 PANWPalo Alto Networks Inc COM | 0.46% | 2.01% | 0.46% |
 INTUIntuit Inc COM | 0.43% | 1.94% | 0.43% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.41% | 2.01% | 0.41% |
 ADBEAdobe Inc COM | 0.36% | 2.00% | 0.36% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.35% | 1.95% | 0.35% |
 APPAppLovin Corp., Class A | 0.34% | 1.84% | 0.34% |
 ADPAutomatic Data Processing, Inc. COM | 0.27% | 1.99% | 0.27% |
 CDNSCadence Design Systems, Inc. COM | 0.27% | 2.00% | 0.27% |
 SNPSSynopsys Inc COM | 0.20% | 1.93% | 0.20% |
 DASHDoorDash, Inc., Class A | 0.20% | 1.96% | 0.20% |
 ABNBAirbnb, Inc., Class A | 0.19% | 2.01% | 0.19% |
Frequently Asked Questions
How much do IWF and QQEW overlap?
IWF and QQEW overlap by 23.3% of portfolio weight. They share 42 holdings (IWF holds 387 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWF and QQEW?
The two portfolios are 23.3% 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 IWF and QQEW?
The largest positions held by both funds are AAPL, NVDA, AVGO, MSFT and META. Together the top 10 shared positions account for 67% of the total overlap.
What does IWF own that QQEW doesn't?
345 positions (40.6% of IWF) are unique to IWF, led by AMZN, TSLA and LLY. In the other direction, 9 positions (18.6% of QQEW) are unique to QQEW.